Name of ETF: UBS ETRACS Wells Fargo Business Development Company Index ETN
Benchmark Index: Wells Fargo Business Development Company Index
Ticker Symbol: BDCS
Types of Stocks Included in the Index: Large and mid-sized companies located in the business development industry that meet certain market capitalization and eligibility requirements. Examples of these companies include:
- Ares Capital (ARCC)
- American Capital (ACAS)
- Prospect Capital (PSEC)
- Fifth Street Finance (FSC)
Individual Company Weight: The index historically has been weighted towards the top holdings.
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