UCIB vs. PBDC ETF Comparison

Comparison of ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due April 5, 2038 (UCIB) to Putnam BDC Income ETF (PBDC)
UCIB

ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due April 5, 2038

UCIB Description

The ETRACS UBS Bloomberg Constant Maturity Commodity Index Total Return ETN Series B are senior unsecured debt securities issued by UBS that provide exposure to potential price appreciation in the UBS Bloomberg Constant Maturity Commodity Index Total Return. The index is designed to be a diversified benchmark for commodities as an asset class. It is comprised of futures contracts on 27 components, representing 24 commodities, with up to five different maturities for each individual commodity. The overall return on the index is generated by two components: uncollateralized returns on the futures contracts comprising the index and a daily fixed-income return.

Grade (RS Rating)

Last Trade

$25.48

Average Daily Volume

2,258

Number of Holdings *

2

* may have additional holdings in another (foreign) market
PBDC

Putnam BDC Income ETF

PBDC Description Putnam BDC Income ETF is an exchange traded fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited. It invests in the public equity markets of the United States. The fund invests in stocks of companies operating across business development companies sectors. The fund invests in growth and value stocks of companies across diversified market capitalization. Putnam BDC Income ETF is domiciled in the United States.

Grade (RS Rating)

Last Trade

$33.81

Average Daily Volume

39,882

Number of Holdings *

15

* may have additional holdings in another (foreign) market
Performance
Period UCIB PBDC
30 Days -0.61% 0.21%
60 Days 1.29% 0.12%
90 Days 3.03% 2.08%
12 Months 2.04% 16.48%
0 Overlapping Holdings
Symbol Grade Weight in UCIB Weight in PBDC Overlap
UCIB Overweight 2 Positions Relative to PBDC
Symbol Grade Weight
ERII D 37.14%
ANSC B 28.23%
UCIB Underweight 15 Positions Relative to PBDC
Symbol Grade Weight
ARCC A -12.06%
BXSL A -10.26%
MAIN A -9.38%
HTGC D -6.84%
FSK A -6.36%
GBDC D -5.9%
TSLX C -5.18%
BCSF C -4.21%
CCAP A -4.11%
CION C -3.63%
CSWC D -3.44%
BBDC A -2.68%
TRIN A -2.47%
NMFC D -2.32%
FDUS A -2.01%
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