Notable companies
The most notable companies in this group are Ares Capital Corp (NASDAQ:ARCC).
Industry description
The investment seeks to provide exposure to the performance of the Wells Fargo® Business Development Company Index.
The ETRACS Wells Fargo® Business Development Company Index ETN Series B due April 26, 2041 are senior unsecured debt securities issued by UBS AG. 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 refers to the business development companies included in the Wells Fargo® Business Development Company Index as the “index constituents.” The index is a proprietary index of Wells Fargo Securities, LLC.
Market Cap
The average market capitalization across the UBS ETRACS Wells Fargo® Busn Dev Co ETN ETF is 2.22B. The market cap for tickers in the group ranges from 188.81M to 12.63B. ARCC holds the highest valuation in this group at 12.63B. The lowest valued company is MFIN at 188.81M.
High and low price notable news
The average weekly price growth across all stocks in the UBS ETRACS Wells Fargo® Busn Dev Co ETN ETF was -0%. For the same ETF, the average monthly price growth was -1%, and the average quarterly price growth was -0%. GAIN experienced the highest price growth at 4%, while HRZN experienced the biggest fall at -3%.
Volume
The average weekly volume growth across all stocks in the UBS ETRACS Wells Fargo® Busn Dev Co ETN ETF was -63%. For the same stocks of the ETF, the average monthly volume growth was 41% and the average quarterly volume growth was 20%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 41
P/E Growth Rating: 51
Price Growth Rating: 53
SMR Rating: 28
Profit Risk Rating: 37
Seasonality Score: 26 (-100 ... +100)