The modified market cap-weighted index tracks the performance of the largest and most liquid companies which are treated as Business Development Companies (BDC) and are incorporated in the United States. BDCs must be organised under the law of, and have its principal place of business in the United States, be registered with the Security Exchange Commission (SEC) and have elected to be regulated as a BDC under the Investment Company Act of 1940. The MVIS US Business Development Companies Index (MVBIZD) has been licensed to underlie financial products with currently USD 347.45 million in assets under management.
Full MCap of at least 150 mln USD. Three month average-daily-trading volume of at least 1 mln USD at a review and also at the previous two reviews. At least 250,000 shares traded per month over the last six months at a review and also at the previous two reviews.
Pure-Play
Includes only BDC companies.
Diversification
Company weightings are capped at 20%.
Review
Quarterly.
Index
Last Close
Open
Last
Change
Change (1Y)
Range (1Y)
500.75
500.75
-
-
0.99%
226.16 - 611.21
1,841.29
1,841.29
-
-
65.28%
756.93 - 1,841.29
1,234.77
1,234.77
-
-
41.93%
522.71 - 1,241.19
Timescale Slider
Symbol
IndexName
MVBIZD
MVIS US Bus. Dev. Companies Price Index
MVBIZDTG
MVIS US Bus. Dev. Companies Total Return Gross Index
MVBIZDTR
MVIS US Bus. Dev. Companies Total Return Net Index
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