UBS ETRACS Wells Fargo Business Development Company ETN

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  • gawilley | Send Message 10 Jul 2015

    $BDCS - More Pain for BDCS?
      • Mktneutralhedger | Send Message 2 Dec 2014

        Short $FGB @$8.46 Long$BDCS @$23.74
          • Reuben Sushman | Send Message 25 Sep 2014

            BDCS And BDCL Are Yielding 7.56% And 16.55%, But What Are The Risks? $BDCL, $BDCS
              BDCS Description
              The ETRACS Linked to the Wells Fargo Business Development Company Index due April 26, 2041 is designed to track an investment in the Wells Fargo Business Development Company Index ("Index"), and may pay a variable quarterly coupon linked to the cash distributions associated with the underlying BDC constituents, less investor fees. Note that if the BDCs do not make distributions or those distributions do not overcome the investor fees, then investors will not receive any coupons.
              See more details on sponsor's website
              Sector: Financial
              Country: United States
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