ETRACS 2xLeveraged Long Wells Fargo Business Development Company Index ETN

NYSE : BDCL

The investment seeks to replicate, net of expenses, twice the performance of the Wells Fargo Business Development Company Index. The index is a float adjusted, capitalization-weighted index that is intended to measure the performance of all Business Development Companies (รขย€ยœBDCรขย€ย) that are listed on the New York Stock Exchange or NASDAQ and satisfy specified market capitalization and other eligibility requirements. The BDC business model is to lend to small and midsized companies at high yield equivalent rates while also at times taking equity stakes in such companies.

Information

Website
Sector
Industry
Type
Exchange-Traded Note
Country
United States

Price

USD 2.44

Symbol

BDCL

Type

Exchange-Traded Note

Previous Close

:

2.44

52 Week Range

:

0.80 - 15.41

Volume

:

0.00

Average Volume

:

0.00

High

:

2.44

Low

:

2.44

Change

:

0.00

Percent change (%)

:

0.00

Disclaimer: Stakeville is a simulation trading game. All trades and stock prices are fictional and do not reflect real-world markets. This game is for entertainment purposes only and does not involve real financial transactions. Read more...