BDCZ vs. PBDC ETF Comparison
Comparison of ETRACS Wells Fargo Business Development Company Index ETN Series B due April 26, 2041 (BDCZ) to Putnam BDC Income ETF (PBDC)
BDCZ
ETRACS Wells Fargo Business Development Company Index ETN Series B due April 26, 2041
BDCZ Description
The ETRACS Wells Fargo® Business Development Company Index ETN Series B due April 26, 2041 are senior unsecured debt securities issued by UBS AG (UBS) that provide exposure to the performance of the Wells Fargo® Business Development Company Index. The index is intended to measure the performance of all business development companies listed on the NYSE or NASDAQ that satisfy specified market capitalization and other eligibility requirements. It refer to the business development companies (“BDCs”) included in the Wells Fargo® Business Development Company Index as the “index constituents.” The index is a proprietary index of Wells Fargo Securities, LLC.
Grade (RS Rating)
Last Trade
$18.77
Average Daily Volume
2,966
23
PBDC
Putnam BDC Income ETF
PBDC Description
Putnam BDC Income ETF is an exchange traded fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across business development companies sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. Putnam BDC Income ETF is domiciled in the United States.Grade (RS Rating)
Last Trade
$33.40
Average Daily Volume
37,627
16
Performance
Period | BDCZ | PBDC |
---|---|---|
30 Days | 0.29% | 1.00% |
60 Days | 2.88% | 1.00% |
90 Days | 5.02% | 2.87% |
12 Months | 15.14% | 16.87% |
12 Overlapping Holdings
Symbol | Grade | Weight in BDCZ | Weight in PBDC | Overlap | |
---|---|---|---|---|---|
ARCC | B | 17.86% | 11.8% | 11.8% | |
BBDC | C | 1.72% | 2.83% | 1.72% | |
BCSF | B | 2.09% | 4.52% | 2.09% | |
CGBD | C | 2.28% | 1.05% | 1.05% | |
CSWC | F | 1.82% | 3.48% | 1.82% | |
FDUS | B | 1.28% | 2.04% | 1.28% | |
FSK | A | 11.43% | 6.35% | 6.35% | |
GBDC | B | 4.5% | 4.95% | 4.5% | |
HTGC | B | 4.42% | 6.8% | 4.42% | |
MAIN | B | 5.85% | 9.75% | 5.85% | |
NMFC | F | 3.68% | 2.4% | 2.4% | |
TSLX | F | 4.71% | 6.0% | 4.71% |
BDCZ: Top Represented Industries & Keywords
PBDC: Top Represented Industries & Keywords