About UBS ETRACS Wells Fargo Business Development Company Index ETN (BDCZ)

The UBS ETRACS Wells Fargo Business Development Company Index ETN (BDCZ) is an exchange-traded note that tracks the performance of the Wells Fargo Business Development Company Index. This index represents the performance of publicly traded business development companies (BDCs), which are investment companies that provide financing to small and mid-sized businesses. BDCs typically invest in the debt and equity of these companies and may generate income through interest payments and capital appreciation. By investing in BDCZ, investors can gain exposure to a diversified portfolio of BDCs and potentially benefit from their income-generating potential.

As of the latest quote, the price of BDCZ is $20.50. This price reflects the market value of the ETN and may fluctuate throughout the trading day. Investors can track the price of BDCZ and make informed investment decisions based on its performance. It is important to consider the risks and potential returns associated with investing in BDCs, as they may be influenced by factors such as interest rates, economic conditions, and the performance of the companies in which they invest.