
ETRACS MarketVector Business Develop Companies Liquid Index ETN
The ETRACS MVIS Business Development Companies Index ETN is designed to track an investment in the MVIS US Business Development Companies 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.
Stock Performance Snapshot
Dividend
With a high dividend yield of 10.87%, ETRACS BDCZ is appealing for income-seeking investors. If you invested $1000, you would be paid $108.70 a year in dividends (based on the last 12 months).
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Baskets Featuring BDCZ
Banks in Private Credit
This carefully selected group of stocks captures the trillion-dollar shift as traditional banks enter the private lending arena. Our professional analysts have identified key Business Development Companies (BDCs) and specialized funds that stand to benefit from this growing financial trend.
Published: July 15, 2025
Explore BasketWhy Youβll Want to Watch This Stock
Income via BDCs
BDCZ bundles listed business development companies that historically pay higher distributions, but higher yield often reflects higher credit and market risk.
ETN Issuer Risk
As an ETN, returns depend on the issuerβs creditworthiness as well as index performance β consider counterparty risk alongside market factors.
Singleβticket Access
Offers diversified exposure to a BDC index in one traded note and intraday liquidity, though trading spreads and tracking differences can affect outcomes.
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6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.