ETF Quote Details
|NAV (month end)||27.31|
|Premium (+)/Discount (-) (month end)||-0.77|
Zacks Premium Research for BDCS
|Zacks ETF Rank [?]||Strong Sell 5|
|ETF Risk [?]||NA|
Zacks proprietary quantitative models divide each set of ETFs following a similar investment strategy (style box/industry/asset class) into three risk categories- High, Medium, and Low. The aim of our models is to select the best ETFs within each risk category, so that investors can pick an ETF that matches their particular risk preference in order to better achieve their investment goals.
This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:
Zacks Premium - The only way to get access to the Zacks Rank
ETF Expense Ratio
|Dividend (Yield)||$1.88 (7.00%)|
This Index is a float adjusted, capitalization-weighted Index that is intended to measure the performance of all BDC that are listed on NYSE or NASDAQ & satisfy specified market capitalization & other eligibility requirements.To qualify as a BDC, the company must be registered with the Securities & Exchange Commission & have elected to be regulated as a BDC under the Investment Comp Act of 1940.
The Fund linked to the Wells Fargo Business Development Company Index due April 26, 2041 is designed to track an investment in the Index, and may pay a variable quarterly coupon linked to the cash distributions associated with the underlying BDC constituents, less investor fees.