Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / PSEC - 14.5% Yielding ETN: Time To Buy Or Take Profits?


PSEC - 14.5% Yielding ETN: Time To Buy Or Take Profits?

The UBS ETRACS Business Development Company ETN (NYSEARCA:BDCS) and UBS ETRACS 2X Leveraged Business Development Company ETN (NYSEARCA:BDCL) are exchange traded notes that continue to underperform the average BDC for a few reasons but mostly related to index allocations and "tracking fees."

Source: UBS ETRACS BDCL

Previous Reductions to Distributions

As predicted in "BDC Index Fund Continues To Underperform The Average":

"I am expecting BDCS (and BDCL) to reduce its distributions due to some of the primary allocations cutting dividends in 2017 that will likely result in continued lower

Read more ...

Stock Information

Company Name: Prospect Capital Corporation
Stock Symbol: PSEC
Market: NASDAQ
Website: prospectstreet.com

Menu

PSEC PSEC Quote PSEC Short PSEC News PSEC Articles PSEC Message Board
Get PSEC Alerts

News, Short Squeeze, Breakout and More Instantly...