Tranche Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
TSLX | B | TPG Specialty Lending, Inc. | -4.09 | |
OXSQ | A | Oxford Square Capital Corp. | -2.43 | |
ARCC | B | Ares Capital Corporation - Closed End Fund | -1.49 | |
CGBD | A | TCG BDC, Inc. | -1.38 | |
BCSF | A | Bain Capital Specialty Finance, Inc. | -0.89 | |
FDUS | A | Fidus Investment Corporation | -0.88 | |
OFS | D | OFS Capital Corporation | -0.82 | |
GBDC | A | Golub Capital BDC, Inc. | -0.82 | |
BBDC | A | Barings BDC, Inc. | -0.74 | |
PFX | A | PhenixFIN Corporation | -0.66 |
Related Industries: Asset Management Credit Services Other REIT - Diversified Specialty Finance
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
BDCZ | A | ETRACS Wells Fargo Business Development Company Index ETN Series B due April 26, 2041 | 34.44 | |
BDCX | B | ETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN | 34.44 | |
BIZD | A | Market Vectors BDC Income ETF | 33.86 | |
PBDC | A | Putnam BDC Income ETF | 27.39 | |
PEX | A | ProShares Global Listed Private Equity ETF | 18.98 |
Compare ETFs
- Tranche
In structured finance, a tranche is one of a number of related securities offered as part of the same transaction. The word tranche is French for slice, section, series, or portion, and is cognate to English trench ('ditch'). In the financial sense of the word, each bond is a different slice of the deal's risk. Transaction documentation (see indenture) usually defines the tranches as different "classes" of notes, each identified by letter (e.g., the Class A, Class B, Class C securities) with different bond credit ratings.
The term tranche is used in fields of finance other than structured finance (such as in straight lending, where multi-tranche loans are commonplace), but the term's use in structured finance may be singled out as particularly important. Use of "tranche" as a verb is limited almost exclusively to this field.
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