VanEck BDC Income ETF (BIZD)

NYSEARCA: BIZD · Real-Time Price · USD
14.39
-0.15 (-1.03%)
At close: Oct 3, 2025, 4:00 PM EDT
14.43
+0.04 (0.28%)
Pre-market: Oct 6, 2025, 7:07 AM EDT
-1.03%
Assets$1.56B
Expense Ratio12.86%
PE Ratio10.70
Shares Out88.58M
Dividend (ttm)$1.71
Dividend Yield11.91%
Ex-Dividend DateOct 1, 2025
Payout FrequencyQuarterly
Payout Ratio127.49%
Volume2,440,652
Open14.55
Previous Close14.54
Day's Range14.34 - 14.60
52-Week Low13.50
52-Week High17.86
Beta0.82
Holdings36
Inception DateFeb 12, 2013

About BIZD

Fund Home Page

The 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.

Asset Class Equity
Category Financial
Region North America
Stock Exchange NYSEARCA
Ticker Symbol BIZD
ETF Provider VanEck
Index Tracked MarketVector US Business Development Companies Liquid Index

Top 10 Holdings

98.39% of assets
NameSymbolWeight
United States Treasury Bills 0.01%B.0 10.16.2521.83%
Ares Capital CorporationARCC16.22%
Mvbdctrg1 Trs Usd R E Mvbdctrgn/a14.34%
Mvbdctrg Trs Usd R E Mvbdctrgn/a11.91%
Blue Owl Capital CorporationOBDC9.93%
Main Street Capital CorporationMAIN8.73%
United States Treasury Bills 0.01%B.0 01.15.265.14%
Hercules Capital, Inc.HTGC3.53%
Golub Capital BDC, Inc.GBDC3.39%
Blackstone Secured Lending FundBXSL3.36%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Oct 1, 2025$0.4012Oct 6, 2025
Jul 1, 2025$0.4386Jul 7, 2025
Apr 1, 2025$0.4295Apr 4, 2025
Dec 27, 2024$0.4445Dec 30, 2024
Oct 1, 2024$0.4632Oct 4, 2024
Jul 1, 2024$0.4534Jul 5, 2024
Full Dividend History

Performance

BIZD had a total return of -0.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.08%.

News

Bottom Fishing BDCs? This Is What You Have To Know

The BDC sector has been hammered. The discounts have become deep almost across the board. The question is whether to enter now, or is the risk still too high that it will end up being a 'catching a fa...

22 hours ago - Seeking Alpha

Mr. Market's Warning: 2 Quality BDCs Who Could Slash Their Dividends Soon

Blackstone Secured Lending and Morgan Stanley Direct Lending are high-quality BDCs facing potential dividend cuts due to falling coverage ratios. BXSL's fundamentals remain strong, but tight dividend ...

5 days ago - Seeking Alpha

Worried About BDCs? These 2 Are There To Offer Sustainable Yields

BDCs are in trouble. It is not only interest rates but also other factors such as tight dividend coverage levels, debt-saturated balance sheets, and spread compression that introduce risks. In my view...

Other symbols: FDUSTRIN
5 days ago - Seeking Alpha

The More They Drop, The More I Buy

Two beaten-down dividend stocks with strong fundamentals are trading at deep discounts. One offers a double-digit yield, while the other combines AI-driven growth with income. Wall Street may be selli...

Other symbols: ARCCBAMBXBXSLKBDCOWL
10 days ago - Seeking Alpha

Time To Hunt Bargains In The BDC Forest: 2 Picks At ~20% Discount To NAV

BDCs have already experienced a notable correction. The sector median P/NAV metric indicates ~12% discount to NAV. Many players are priced even below that.

11 days ago - Seeking Alpha

BIZD In A Rate Cut Environment - Is Double-Digit Yield Sustainable?

VanEck BDC Income ETF (BIZD) offers diversified exposure to business development companies, targeting high-yield income for dividend-focused investors. BIZD currently yields 8.7–11.4%, but distributio...

11 days ago - Seeking Alpha

What Will It Take To Halt BDC Dividend Cuts? 1 Catalyst On The Horizon

14 BDCs have base dividend coverage levels between 100% and 105%. 16 BDCs have them already below 100%. Given the unfavorable future earnings outlook, a system-wide BDC dividend cutting process is ver...

14 days ago - Seeking Alpha

Is A 10%+ Yield Safe Right Now? 2 Picks For A Retiree's Radar

Interest rates are one of the most important drivers of asset valuations, directly impacting discount rates and valuations. So, as the Fed lowers rates, yield compression occurs, making it harder to f...

14 days ago - Seeking Alpha

The Near-Perfect Portfolio Of 3-13% Yields For The Fed's Rate Cuts

The Fed just cut rates. I share a portfolio of 3-13% yielding investments that are well-positioned for the expected impacts of Fed rate cuts. I also share what I am avoiding right now.

17 days ago - Seeking Alpha

2 BDCs: 1 Hidden Gem And 1 Overhyped Quality Play

The BDC sector faces headwinds from thin dividend coverage, falling base rates, and compressed spreads, threatening earnings and payouts. Many BDCs may be forced to cut dividends by 2026, negatively i...

Other symbols: ARCCCCAP
18 days ago - Seeking Alpha

3 Dividend Stocks That Pay Me $2,000 Each Month

Just 3 stocks pay me $2,000 in passive income every single month. Each one offers high yield plus defensive fundamentals. One of them yields over 11% — and trades at a big discount.

Other symbols: AMLPARCC
24 days ago - Seeking Alpha

What If Everyone Is Wrong About REITs? Here's My Contrarian View

Interest rates are very likely set to go down. This creates a fruitful ground for REIT bulls to become optimistic. Yet, there is an important caveat to this.

Other symbols: IYRIJAAAMAAOPFFPLDRNP
25 days ago - Seeking Alpha

The Worst Setup For BDCs In Years

BDCs have outperformed over the past half-decade. However, macro and sector conditions are shifting rapidly. This could be the toughest environment BDCs have faced in years.

26 days ago - Seeking Alpha

3 BDCs That Are Not Invited To The Dividend Cut Party

I expect the Fed to cut rates soon, with markets pricing in an 89% chance of a 25bps cut this month. Ongoing and future rate cuts will pressure SOFR-linked assets, especially BDCs, causing yield compr...

Other symbols: BXSLFDUS
27 days ago - Seeking Alpha

BIZD: BDC Income In A Convenient Wrapper

BDCs have priced in some pain in this interest rate cycle. Some BDC are actually cheap as well. We look at BIZD, a BDC ETF, and tell you what we think.

4 weeks ago - Seeking Alpha

A Historic Opportunity For Dividend Investors

Rate cuts are likely imminent. This could be a major catalyst for dividend investors. We expect significant upside and highlight some of our top picks.

Other symbols: BAMBEPBEPCBXCPTKKROWL
5 weeks ago - Seeking Alpha

2 BDCs That Should Navigate The Dividend Cutting Spree That Could Be Coming

Lower base rates are headwinds for most BDCs, but Fidus Investment and Capital Southwest stand out as likely to avoid dividend cuts. FDUS impresses with a low-leverage balance sheet, strong liquidity,...

Other symbols: ARCC
5 weeks ago - Seeking Alpha

Inside The Income Factory: Credit Asset Investing With Steven Bavaria

Steven Bavaria, from Inside the Income Factory, discusses credit assets like high-yield bonds, senior loans, and BDCs for stable, high-yield income, favoring closed-end funds for their resilience and ...

5 weeks ago - Seeking Alpha

BIZD: Packed With Unsustainable Yield Picks, A Clear No Go

BIZD is the largest BDC-focused ETF. Yet, I would say that it presents a very suboptimal offering. For example, more than 50% of BIZD's AuM is subject to a material dividend cut risk.

5 weeks ago - Seeking Alpha

ETFs Offer Gateway to Once-Inaccessible Private Markets

Lately it seems as if most roads lead to the democratization of private markets.

Other symbols: GPZPCMMPRIVPSP
7 weeks ago - ETF Trends

My Top 2 BDC Picks Now

We are in a 'hated bull market' with record highs despite weak economic fundamentals and tight fixed income spreads. High-risk assets like BDCs are especially vulnerable in this environment, making th...

Other symbols: BXSL
7 weeks ago - Seeking Alpha

Attention High-Yield Investors: More BDC Dividend Cuts Are Likely Coming

The BDC sector faces mounting risks from a weakening economy, high consumer debt, and the potential for further dividend cuts as interest rates decline. Recent dividend cuts by several BDCs highlight ...

7 weeks ago - Seeking Alpha

Funds Only Portfolio: Potentially $6,000 Per Month Income

A diversified, funds-only portfolio can deliver reliable 6-7% income and market-matching growth, ideal for retirees seeking simplicity and peace of mind. Asset allocation spans dividend growth, bonds,...

2 months ago - Seeking Alpha

Discounts And 10%+ Yields: 2 BDCs To Buy Now

I believe BDC investors face higher odds of unfavorable returns over the next 1-3 years due to macro and sector-specific headwinds. Key risks include a negatively sloped interest rate curve, tight spr...

Other symbols: BCSFCCAPMAINTSLX
2 months ago - Seeking Alpha

BIZD: BDCs Look Attractive In An Expensive Market

The market is historically expensive, so investors should seek value in overlooked sectors like business development companies. BDCs benefit from elevated interest rates, offering high yields and stro...

2 months ago - Seeking Alpha