BDCZ

ETRACS Linked to Wells Fargo Business Development Co Index ETN Series B
*Unless otherwise stated, data provided by FactSet.

BDCZ Fund Description

BDCZ tracks an index of at least 25 companies invested in the initial growth stages of small firms.

BDCZ Factset Analytics Insight

BDCZ covers a somewhat obscure pocket of the global funding market: business development companies. The note launched on Oct. 9, 2015 as a “B Series” companion to BDCS, providing more capacity for identical exposure. The ETN's reference index tracks the top 85% of the free-float universe or at least 25 companies that act as venture capital firms but that are typically structured as publicly traded closed-end funds. These firms generally invest in small or financially troubled firms directly via equity positions or indirectly through loans. Selected companies are grouped as large-weights (largest 5-10) and small-weights (all other companies). The index assigns different minimum-weights to the companies: 5% to large-weights compared to 4.5% for the small-weights. Prior to July 30, 2021, the fund tracked the Wells Fargo Business Development Company Index.

PERFORMANCE [as of 09/16/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
BDCZ -0.43% 0.54% 29.59% 49.70% 7.85% 7.23% --
BDCZ (NAV) -1.05% -0.79% 28.76% 48.39% 7.70% 7.15% --
N/A -- -- -- -- -- -- --
MVIS U.S. Business Development Companies Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

BDCZ Summary Data

UBS
ETRACS
10/08/15
Exchange-Traded Note
0.85%
$56.85M
$140.30K
0.25%

BDCZ Portfolio Data

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7.64%
N/A
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BDCZ Index Data

N/A
Tiered
Market Cap
MVIS U.S. Business Development Companies Index

BDCZ Portfolio Management

0.85%
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BDCZ Tax Exposures

20.00% / 39.60%
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Ordinary income
No

BDCZ Fund Structure

Exchange-Traded Note
No
N/A
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UBS AG (London Branch)
Low
Medium
Daily

BDCZ Factset Analytics Block Liquidity

As of 09/17/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of BDCZ. BDCZ is rated a N/A out of 5.

BDCZ Tradability

7,195
$140.30K
3,655
$72.04K
0.25%
$0.05
-0.12%
0.84% / -2.69%
Potential
100.00%
50,000
0.07
0.15%
--
0
$19.62
N/A

BDCZ Countries


BDCZ
Segment Benchmark
--
100.00%

BDCZ Regions


BDCZ
Segment Benchmark
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100.00%

BDCZ Economic Development


BDCZ
Segment Benchmark
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100.00%

BDCZ Performance Statistics

0.99
0.97
0.96
0.96
0.09%
MVIS U.S. Business Development Companies Index

BDCZ Benchmark Comparison Holdings

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BDCZ Benchmark Comparison Summary


BDCZ
Segment Benchmark
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BDCZ Benchmark Comparison Market Cap Size


BDCZ
Segment Benchmark
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