ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN Price & Performance (BDCX)

ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN (BDCX) continues to offer a forward dividend yield of 19.03%, with $4.67 in expected annual payouts. Despite this, the fund posted a year-to-date return of -0.74% and a one-year gain of 6.11%, highlighting both its income appeal and volatility.12

The ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN (CEFD) is set to go ex-dividend, drawing attention from income-focused investors. The fund, currently priced at $16.91, offers monthly payouts, making it a notable option for those seeking regular distributions amid a shifting rate environment.34

Recent discussions among retirees highlight the appeal and risks of high-yield BDCs like TriplePoint Venture Growth (TPVG). While some report steady income, others caution that sustainability depends on low corporate defaults and a robust IPO market, emphasizing the need for careful analysis in volatile conditions.5