VanEck BDC Income ETF (BIZD)
| Assets | $1.64B |
| Expense Ratio | 12.86% |
| PE Ratio | 10.34 |
| Shares Out | 106.55M |
| Dividend (ttm) | $1.67 |
| Dividend Yield | 11.71% |
| Ex-Dividend Date | Dec 29, 2025 |
| Payout Frequency | Quarterly |
| Payout Ratio | 123.87% |
| Volume | 1,082,405 |
| Open | 13.97 |
| Previous Close | 13.97 |
| Day's Range | 13.97 - 14.27 |
| 52-Week Low | 13.44 |
| 52-Week High | 17.86 |
| Beta | 0.69 |
| Holdings | 34 |
| 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
111.06% of assets| Name | Symbol | Weight |
|---|---|---|
| Slk5w2ne Trs Usd R E Mvbdctrg | n/a | 34.28% |
| United States Treasury Bills 0% | B.0 04.16.26 | 16.45% |
| Ares Capital Corporation | ARCC | 15.55% |
| United States Treasury Bills 0.01% | B.0 01.15.26 | 15.40% |
| Blue Owl Capital Corporation | OBDC | 9.12% |
| Blackstone Secured Lending Fund | BXSL | 7.76% |
| Main Street Capital Corporation | MAIN | 3.20% |
| Hercules Capital, Inc. | HTGC | 3.19% |
| Golub Capital BDC, Inc. | GBDC | 3.10% |
| FS KKR Capital Corp. | FSK | 3.00% |
Dividends
| 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 -4.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.07%.
News
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The Biggest Bargain And The Most Expensive Lottery Ticket I See In The BDC Space
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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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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
Investors are being handed a rare gift with some high-yielding, undervalued opportunities available right now. Two 8-10% yields look far safer and cheaper than the market assumes. I share a contrarian...
BIZD: Weaker Appeal Amid Struggling BDC Sector (Rating Downgrade)
VanEck BDC Income ETF is downgraded to hold, reflecting sector-wide BDC challenges rather than fund-specific issues. BIZD offers instant BDC diversification and a high 11.9% dividend yield but is high...
A Golden Buying Opportunity Few Investors Have Noticed Yet
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This Is How I'm Harvesting BDC Cash Flows For My Retirement
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An Important Warning: Popular Income Stocks Are Getting Risky Here
Leading blue-chip dividend growth stocks appear to be untouchable, until you zoom out and see what's changed. A small shift in the macro could turn today's favorites into tomorrow's regrets. I detail ...
My Biggest Contrarian Bet: The BDC Hidden Income Gift
The market seems to question the true fair value of BDC portfolios. There is a fear that the BDCs will start to report elevated non-accruals, which would make their life more difficult (as they have a...
Why 10%+ Yields Can Wreck Your Retirement Income
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Is Your Retirement Income Enough? How I Leveled Up Mine With Covered Call ETFs
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7%+ Yields: I Am Giving Thanks For My Favorite Black Friday Special
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Don't Fear The Pivot: 2 BDCs Built For 10%+ Yields In New Rate Regime
BDC earnings are sensitive to interest rates. As there is no meaningful margin of safety in the BDC system, forthcoming interest rate cuts might trigger a wave of dividend cuts. For prudent passive in...
Buy The Dip On Bargain Dividends Before Others Do
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A Rare Buying Opportunity: Blue-Chip 11-12% Yields Too Cheap To Ignore
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The Most Viable 10% Yielding Retirement Portfolio I've Ever Designed
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PBDC Vs. BIZD: A Reality Check On Which Better Suits You As An Income Investor
Putnam BDC Income ETF has outperformed VanEck BDC Income ETF since inception, offering strong management and a high current income focus. PBDC's portfolio is diversified among leading BDCs, with a 10....
BIZD: Private Credit Takes On Major Challenges
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The More They Drop, The More I Load Up
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Don't Bury BDC Dividends Just Yet
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The Bubble In Covered Call ETFs That Nobody Is Talking About
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Undercovered Dozen: Power Solutions, USA Rare Earth, Archer Aviation And More
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Seeking 15%+ Yields? Here Are 2 BDCs I'm Buying
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Dividend Aristocrats Vs. High Yielders: Which Are Better For Long-Term Investors?
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The BDC Bargain Bell Is Ringing
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2 BDCs To Sell Before They Cut Their Dividend
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7-11% Yields: Some Of The Best High Yields For Retirees To Buy Now
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BDC Weekly Review: Private Credit Shorts Are Trying To Squeeze Through The BDC Market
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BIZD: The "Great Income" ETF And A Hidden Paradox
BIZD remains, in my opinion, an appealing solution as a satellite for an income-oriented portfolio, considering a yield above 10%. To access the BDCs market, I still believe that BIZD remains a compet...
2 Discounted BDCs: One Is A Bargain, One Is A Trap
The current BDC market looks like a huge bargain bin. The question is how to navigate that to pick gems and avoid landmines. In this article, I will elaborate on two structurally similar BDCs.
