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BDCX
ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN
BDCX
$31.95arrow_drop_up1.27%$0.40

Performance History

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About ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX)

The ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX) is an exchange-traded note that aims to provide investors with leveraged exposure to the Wells Fargo Business Development Company (BDC) Index. BDCs are vehicles that provide financing and capital to smaller, private companies. This ETN uses a 1.5X leverage factor, meaning that its returns are magnified by 1.5 times the daily return of the underlying index. The index itself is designed to track the performance of publicly traded BDCs in the US.
Investing in BDCX allows investors to gain exposure to the BDC sector without having to invest directly in individual BDCs. BDCX provides investors with the potential for higher returns compared to investing in the index itself, but it also comes with higher risks due to the leverage factor. If the index performs well, BDCX will likely perform even better, but if the index performs poorly, BDCX will likely perform worse.
Sector
Industry
CEO
Headquarters
Employees
0
Exchange
NYSE

Analyst Forecast

Period: Next 12 Months

Analyst Ratings

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