LBDC stock tracks a leveraged business development company index
Published on 10/01/2026 at 10:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
LBDC stock is identified as the UBS ETRACS 2x Leveraged Long ETRACS Wells Fargo Business Development Company Index ETN Series B. Its recorded quote was USD 2.42 on April 1, 2020, while the same record showed a USD 0.51 to USD 15.36 52-week range.
Index exposure drives the structure
The security is an exchange-traded note linked to a business development company index rather than an operating company with its own revenue, earnings or customer base. That distinction matters because the instrument's value reflects the underlying index methodology and the terms of the note, not a conventional corporate income statement.
The quoted record listed a market capitalization of USD 10.1 million on April 1, 2020. The USD 2.42 quote stood USD 12.94 below the recorded 52-week high of USD 15.36 and USD 1.91 above the recorded low of USD 0.51, placing the historical price closer to the lower end of that range.
Historical quote sets the reference
The same record showed a previous close of USD 2.42 and a daily change of USD 0.01, or 0.21 percent. The historical quote therefore provides a dated reference for the instrument's past trading profile, while the index linkage remains the central feature for understanding its market exposure.
LBDC instrument profile
- Company: UBS ETRACS 2x Leveraged Long ETRACS Wells Fargo Business Development Company Index ETN Series B
- ISIN: US5186221058
- Ticker: LBDC
- Price reference: USD 2.42 as of April 1, 2020
- Change versus prior close: plus 0.21 percent
- Prior close: USD 2.42
- Market capitalization: USD 10.1 million as of April 1, 2020
- 52-week range: USD 0.51-USD 15.36 as of April 1, 2020
