UBS ETRACS 2xLeveraged Long Wells Fargo Business Development Company Index ETN (BDCL)
ETF analysis · AMEX · Financial Services · Asset Management - Leveraged
UBS ETRACS 2xLeveraged Long Wells Fargo Business Development Company Index ETN (BDCL) is an exchange-traded fund in the Financial Services sector. Latest price: $2.44. Market cap $20.83M. Sign in to Stocks360 for full DCF valuation, fundamentals, technicals, and AI-driven analysis.
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About UBS ETRACS 2xLeveraged Long Wells Fargo Business Development Company Index ETN
This investment vehicle's objective is to deliver a return that is twice the performance of the Wells Fargo Business Development Company Index, net of all associated expenses. The underlying index is a float-adjusted, market-capitalization-weighted benchmark designed to track the performance of all Business Development Companies (BDCs) listed on the New York Stock Exchange or NASDAQ that meet specific criteria for market value and other eligibility requirements. BDCs typically generate revenue by providing loans to small and medium-sized enterprises at high-yield rates, sometimes also acquiring equity stakes in these businesses.
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