VanEck BDC Income ETF (BIZD)
| Assets | $1.33B |
| Expense Ratio | 13.33% |
| PE Ratio | 8.97 |
| Shares Out | 88.58M |
| Dividend (ttm) | $1.79 |
| Dividend Yield | 12.25% |
| Ex-Dividend Date | Apr 1, 2025 |
| Payout Ratio | 109.89% |
| 1-Year Return | -9.93% |
| Volume | 721,636 |
| Open | 14.66 |
| Previous Close | 14.47 |
| Day's Range | 14.51 - 14.82 |
| 52-Week Low | 13.50 |
| 52-Week High | 17.86 |
| Beta | 0.85 |
| Holdings | 32 |
| Inception Date | Feb 12, 2013 |
About BIZD
Fund Home PageThe VanEck BDC Income ETF (BIZD) is an exchange-traded fund that mostly invests in total market 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
90.73% of assets| Name | Symbol | Weight |
|---|---|---|
| Ares Capital Corporation | ARCC | 19.56% |
| United States Treasury Bills 0.01% | B 0 04.15.25 | 17.16% |
| Mvbdctrg Trs Usd R E Mvbdctrg | n/a | 13.46% |
| Blue Owl Capital Corporation | OBDC | 11.82% |
| Blackstone Secured Lending Fund | BXSL | 9.68% |
| Golub Capital BDC, Inc. | GBDC | 4.10% |
| Hercules Capital, Inc. | HTGC | 4.06% |
| Main Street Capital Corporation | MAIN | 4.05% |
| FS KKR Capital Corp. | FSK | 3.78% |
| Sixth Street Specialty Lending, Inc. | TSLX | 3.06% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 1, 2025 | $0.4295 | Apr 4, 2025 |
| Dec 27, 2024 | $0.4445 | Dec 30, 2024 |
| Oct 1, 2024 | $0.4632 | Oct 4, 2024 |
| Jul 1, 2024 | $0.4534 | Jul 5, 2024 |
| Apr 1, 2024 | $0.4579 | Apr 5, 2024 |
| Dec 27, 2023 | $0.4679 | Dec 29, 2023 |
News
BDCs Offer The First Good Buying Opportunity After The Tariff Shock
The market tanked after Trump's reciprocal tariff announcement, with the S&P 500 and Nasdaq experiencing significant declines due to recession fears and trade war concerns, which spiked credit spreads...
A Big BDC Catalyst That Can Change The Game Dramatically
BDCs have been pushed into the (on average) ~19% discount territory. In my view, steep discounts are justified for the majority of the BDCs. Yet, for some (high-quality ones) the market has gone too f...
BDCs Are In Trouble, But In These Two I'm Increasing My Stakes
BDCs have performed worse than the S&P 500. It is logical since private credit is per definition a high-risk asset class. All in all, many BDCs are in trouble.
Earn Up To 12% Yield While Living The American Dream
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Very Bad News For BDCs: How To Play President Trump's Tariff Volatility
The business development company, or BDC, sector's strong run appears to be coming to an end. The dividend party may be over, and I share one sector favorite whose dividend may surprisingly be in trou...
BIZD: Would Go For A Constituent Part
We question the value of an ETF of already diversified portfolios, but that's more beside the point in this volatile market moment. Credit spreads have risen on recession fears hitting BIZD, which whi...
2 BDCs To Sell Before They Announce Dividend Cuts
Private credit and BDC sectors have faced steep losses, with the BDC index down nearly 15% YTD, worse than the S&P 500. Economic uncertainties, stagnant M&A/LBO markets, potential Fed rate cuts negati...
Big Yielders Down Big: 3 Top Ideas (REITs, BDCs And CEFs)
The normally steady prices of big-yield (10%-plus) BDCs, CEFs, and REITs just sold off hard, thereby creating some unusually attractive opportunities. We share data on many names across all three grou...
It Is Candy Store Time For Income Investors, This Is How And What To Buy
Many investors have become forced to revisit their investment strategies. Growth and high-tech investors are in a very tough position. Value investors have also gotten hurt by the recent plunge.
Billionaire Investor Warns Of 'Significant Correction' And Buys High Yield: Our Picks
A leading hedge fund billionaire is increasingly bearish on the stock market—find out what he's buying instead. We discuss the overlooked strategy that smart money is betting on to crush stagflation r...
My BDC Portfolio And The Strategy For Alpha Going Forward
This is my first BDC portfolio monthly performance review article. The good news is that the portfolio has done its job, outperforming the two BDC benchmarks - PBDC and BIZD. Yet, on an absolute basis...
Risk Tolerant? 2 Attractive Stocks Backed By Solid Fundamentals For Income Reliability
I prefer investing in individual stocks like Verizon Communications and U.S. Bancorp for potential upside and income reliability, despite their perceived higher risk. Taking on higher risks can lead t...
Risk-Off Mode In The BDC Market: 1 Overrated And 1 Underrated Pick
BDCs are meant to provide high-dividends, while preserving NAV. However, given the signs both in the stock market and in the real economy on the ground, BDC investors have to be extra careful. Current...
Should You Invest $100,000 In Today's Market?
The market is experiencing a correction, with a potential bear market looming, making gradual investment over 3-6 months advisable for long-term investors. Understanding personal risk tolerance is cru...
How I'd Invest $100,000 Right Now For Stagflation (Up To 10% Yields)
Worried about stagflation? These dividend machines could protect your portfolio and pay you up to 10% yields. Stocks you'll want to own before inflation bites again. These picks crush SCHD and VYM in ...
BIZD: For Lazy Investors Seeking High Dividend Yield
I will give a "HOLD" recommendation to VanEck BDC Income ETF due to its inclusion of underperforming BDCs that I would never invest in individually. BIZD's portfolio is heavily weighted towards a few ...
BIZD: The Simplest Way To Maintain BDC Exposure Through Market Uncertainty
VanEck BDC Income ETF offers diverse exposure to business development companies, making it attractive for high distribution income during elevated interest rates. The ETF's net assets of $1.5B are spr...
Supercharge Your Retirement With Income Machines Paying Fat Dividends
These 6 dividend powerhouses pay massive yields, offering a mix of high yield and inflation-beating growth. This strategy could generate far more retirement income than the 4% rule—while keeping your ...
2 Powerful Catalysts Are Emerging For Dividend Stocks: My Top Picks
A major market shift is happening - here's why dividend investors could win big in 2025. These overlooked high-yield stocks are still trading at a massive discount despite major tailwinds. The Fed's n...
Dividend Stocks Vs. Rental Properties: What's The Smarter Investment In 2025?
Dividend stocks offer higher returns and less hassle than rental properties for most investors in 2025. Rental properties deliver lower returns after accounting for expenses, risks, and personal time ...
Two 9%+ Dividends Going From Bargains To Screaming Buys
The market has become more volatile. As it is usually the case, higher volatility tends to open interesting opportunity for long-term investors. In this article, I discuss two 9%+ yielding picks, whic...
Investors Are Turning Defensive: 2 ETFs To Consider For What Could Be Coming
Despite my preference for individual stocks, I've added Schwab's U.S. Large-Cap Growth ETF to address my portfolio's lack of tech sector exposure. With inflation creeping up and potential tariffs on t...
Dividend Income For Early Retirement: Well-Covered 7-11% Yields With Strong Growth
How to retire early with a portfolio built for passive income. 3 stocks that offer enticing dividends and strong long-term growth. Inflation-proof your retirement with dividend stocks that pay you to ...
BDC Investors Beware: 3 Major Risks You Can't Ignore Right Now
BDCs have been soaring, but cracks are starting to show—here's what investors need to watch out for. We discuss why most BDCs are not worth buying now. One BDC stands out as a strong buy—find out whic...