VanEck BDC Income ETF (BIZD)
| Assets | $1.53B |
| Expense Ratio | 12.86% |
| PE Ratio | 9.71 |
| Shares Out | 106.55M |
| Dividend (ttm) | $1.67 |
| Dividend Yield | 12.45% |
| Ex-Dividend Date | Dec 29, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 120.88% |
| Volume | 3,848,812 |
| Open | 13.57 |
| Previous Close | 13.61 |
| Day's Range | 13.35 - 13.61 |
| 52-Week Low | 13.14 |
| 52-Week High | 17.86 |
| Beta | 0.68 |
| Holdings | 35 |
| Inception Date | Feb 12, 2013 |
About BIZD
Fund Home PageThe VanEck BDC Income ETF (BIZD) is an exchange-traded fund that mostly invests in financials equity. The fund tracks a market cap-weighted index of US BDC companies whose principal business is to invest in, lend capital to, or provide services to privately held companies. BIZD was launched on Feb 12, 2013 and is issued by VanEck.
Top 10 Holdings
113.90% of assets| Name | Symbol | Weight |
|---|---|---|
| Slk5w2ne Trs Usd R E Mvbdctrg | n/a | 34.63% |
| United States Treasury Bills 0% | B.0 07.16.26 | 18.20% |
| United States Treasury Bills 0% | B.0 04.16.26 | 17.66% |
| Ares Capital Corporation | ARCC | 15.13% |
| Blue Owl Capital Corporation | OBDC | 8.86% |
| Blackstone Secured Lending Fund | BXSL | 7.49% |
| Main Street Capital Corporation | MAIN | 3.23% |
| Golub Capital BDC, Inc. | GBDC | 2.96% |
| Hercules Capital, Inc. | HTGC | 2.91% |
| FS KKR Capital Corp. | FSK | 2.83% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2025 | $0.4015 | Dec 31, 2025 |
| Oct 1, 2025 | $0.4012 | Oct 6, 2025 |
| Jul 1, 2025 | $0.4386 | Jul 7, 2025 |
| Apr 1, 2025 | $0.4295 | Apr 4, 2025 |
| Dec 27, 2024 | $0.4445 | Dec 30, 2024 |
| Oct 1, 2024 | $0.4632 | Oct 4, 2024 |
Performance
BIZD had a total return of -13.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.52%.
News
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Two 20%+ Yields That Have Entered Deep Bargain Territory
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Why More BDCs Are Likely To Cut Their Dividends
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Why BDC Dividend Cuts Aren't The Red Flag Investors Think
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My Ultimate Strategy For High Income And Market-Beating Returns
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Buy The Dip: 11-13% Yields Getting Way Too Cheap
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Why I Stopped Buying Rental Properties To Buy Dividend Stocks Instead
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The Dark Side Of High-Yield Investing Few Retirees Understand
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A Near-Perfect Buy-And-Hold Dividend Growth Portfolio For Retirement
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BDCs: Buying 10% Income The Smart Way
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Two 12%+ Dividends Going From Bargains To Buys
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I'm Betting Big On These 8-10% Yields For Early Retirement
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A Golden Buying Opportunity: 7-11% Yields Income Investors Are Missing
Two elite income machines are trading like second-rate assets. A misunderstood inflection point could change everything. The market panic may be creating a rare gift for income investors.
The More These High Yields Drop, The More I Buy
The market is pricing in a crisis that the data simply does not show. A misunderstood corner of credit is flashing rare value signals. The disconnect between headlines and fundamentals is growing fast...
How I'm Taking Shelter From BDC Dividend Cut Storm
The BDC sector is slowly rebounding, but still faces looming dividend cuts as NII per share declines with lower base rates and spread compression. Average BDC base dividend coverage is 100%, and debt-...
The Income Quintet: 5 Pillars Of Safe High Yield
The Income Quintet - BDCs, Midstream Energy, REITs, Preferred Stocks, and Covered Call ETFs - offers a balanced approach to maximizing yield and income safety. I prioritize quality over raw yield, foc...
The One Data Point That Changed My Dividend Growth Strategy
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My Ultimate Buy-The-Dip Picks For 10-12% Income
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The Biggest Bargain And The Most Expensive Lottery Ticket I See In The BDC Space
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BIZD Vs. PBDC: Why Active Credit Selection Is Crucial For Total Return In 2026
PBDC and BIZD both face headwinds from Fed rate cuts, leading to a 'Hold' rating for each. The SOFR cut has already begun to hit NII income, making asset selection critical. Real fees (0.4%–0.75%) are...
The Chart That Answers Your Question About BDC Dividend Cuts
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Turn Volatility Into Opportunity With Dividends - Yields +9%
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A Near-Perfect Passive Income Portfolio To Sleep Well In Retirement
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My Most Important Dividend Growth Picks For The Market's Next Phase
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Consider Selling BDCs Due To Lower Rates? Here's Why It's A Bad Idea
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A Golden Buy The Dip Opportunity: Blue-Chip 11%+ Yields
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The One Retirement Risk Too Few Care About, And How Dividends Fix It
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BIZD: Suboptimal Way For Retirees To Make Their First Step Into BDCs
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The Financial Freedom Blueprint I Used To Achieve The Optionality To Retire In My 30s
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2 Once-In-A-Decade Buying Opportunities For 2026
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Buy The Dip: 2 Of The Best Undervalued 8%-10% Yields I've Seen
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