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UBS declares coupon payments on 12 ETRACS Exchange Traded Notes
Business Wire (Mon, 6-Oct 4:37 PM ET)
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.
Etracs Quarterly Pay 1.5X Leveraged Wells Fargo Bdc Index ETN trades on the ARCA stock market under the symbol BDCX.
As of December 19, 2025, BDCX stock price was flat at $24.34 with 219 million shares trading.
BDCX has a market cap of $7.30 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, BDCX traded as high as $36.30 and as low as $21.93.
BDCX has underperformed the market in the last year with a price return of -5.9% while the SPY ETF gained +17.1%. BDCX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -6.4% and -2.5%, respectively, while the SPY returned +3.1% and -0.8%, respectively.
BDCX support price is $22.41 and resistance is $26.26 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BDCX shares will trade within this expected range on the day.
