UBS ETRACS Wells Fargo Busn Dev Co ETN (BDCZ)
BDCZ Price and Sentiment
BDCZ Latest news
BDCs have been easily outperforming other higher-yield sectors including REITs (short and longer term) and readers have been asking if there are any good ETF that track the sector. This article discusses the two most popular (and only ones that are not leveraged) which are VanEck Vectors BDC Income ETF and WF BDC Index ETN.
Plus, a number of index changes occurred last week.
Most of the investments by business development companies take the form of loans with adjustable interest rates. My projection for the April BDCX dividend results in a current yield above 15%.