VanEck BDC Income ETF (BIZD)
| Assets | $545.76M |
| Expense Ratio | 10.92% |
| PE Ratio | 10.91 |
| Shares Out | 37.03M |
| Dividend (ttm) | $1.59 |
| Dividend Yield | 10.67% |
| Ex-Dividend Date | Dec 28, 2022 |
| Payout Ratio | 116.47% |
| 1-Year Return | -17.76% |
| Volume | 80,186 |
| Open | 14.84 |
| Previous Close | 14.73 |
| Day's Range | 14.84 - 14.93 |
| 52-Week Low | 12.93 |
| 52-Week High | 18.11 |
| Beta | 1.19 |
| Holdings | 25 |
| Inception Date | Feb 12, 2013 |
About BIZD
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 managed by VanEck.
Top 10 Holdings
74.88% of assets| Name | Symbol | Weight |
|---|---|---|
| Ares Capital Corporation | ARCC | 19.86% |
| FS KKR Capital Corp. | FSK | 13.17% |
| Owl Rock Capital Corporation | ORCC | 11.85% |
| Blackstone Secured Lending Fund Ordinary Shares | BXSL | 4.84% |
| Golub Capital BDC, Inc. | GBDC | 4.70% |
| Prospect Capital Corporation | PSEC | 4.55% |
| Main Street Capital Corporation | MAIN | 4.52% |
| Hercules Capital, Inc. | HTGC | 4.11% |
| Goldman Sachs BDC, Inc. | GSBD | 3.72% |
| Sixth Street Specialty Lending, Inc. | TSLX | 3.58% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 28, 2022 | $0.4227 | Dec 30, 2022 |
| Oct 3, 2022 | $0.4097 | Oct 7, 2022 |
| Jul 1, 2022 | $0.4067 | Jul 8, 2022 |
| Apr 1, 2022 | $0.347 | Apr 7, 2022 |
| Dec 29, 2021 | $0.3611 | Dec 31, 2021 |
| Oct 1, 2021 | $0.3514 | Oct 7, 2021 |
News
Pair of Unique Income Sources Could Deliver in 2023
Due to rising interest rates, income investors face plenty of challenges in 2022 as aggregate bond funds have endured double-digit declines. Some corners of the bond market performed less poorly, othe...
Fed Could Fuel Higher BDC Profits
Plenty of asset classes are feeling the pain of high inflation and Federal Reserve interest rate tightening — scenarios that are making life hard on income investors. However, some income-generating s...
BIZD: Where the Big Yields Are
Interest rates are rising, but that doesn't mean that government bond yields are yet compelling. It also means that bond prices are declining.
Bank on BIZD for Big Income
Interest rates are likely to soon rise, but real yields will still be low, prompting many investors to embrace high-income exchange traded funds. Income-hungry investors might want to consider some of...
BDCs Offer Income, Rising Rates Protection
Interest rates are poised to rise, perhaps as soon as March. However, rates are coming off rock-bottom levels, and even as the Federal Reserve lifts borrowing costs, investors will still encounter inc...
BDC Finances on Solid Footing, Says Ratings Agency
Business development companies (BDCs) are getting new looks from income-starved investors this year, due in large part to low bond yields. That's a plus for exchange traded funds, namely the VanEck Ve...
Three Dividend ETFs to Power Your Income Potential
There's no such thing as unwelcome income, and despite rumors that income is hard to find, there are a number of ETFs putting out juicy yields. Here are three dividend-focused ETFs with yields north o...
Betting on BDCs? Get Important Details on BIZD.
Years of depressed interest rates on government bonds are sending income investors scrambling, with many embracing alternative sources of yield, including business development companies (BDCs). Known ...
The BIZD ETF: Rising Rate Protection and Yields North of 8%
One of the lessons investors are learning in today's low-yield environment is that if income is desired, it pays to evaluate asset classes beyond traditional bonds and equities. On the alternative inc...
Looking for the Best of BDCs? Consider ‘BIZD'
With interest rates still low, an assortment of traditional income-generating assets just aren't getting the job done for many income investors. That puts alternative assets in the spotlight, includin...
BDCs Have Big Yields, But Consider These Important Factors
The search for yield can take income investors to a wide range of alternative asset classes. Those include business development companies (BDCs), accessible via the VanEck Vectors BDC Income ETF (NYSE...
The High-Yield Asset Class You May Not Have Come Across
Investors looking for alternative asset classes with eye-catching yields may want to consider business development companies (BDCs), which are accessible in exchange traded funds like the VanEck Vecto...
Business Development ETFs Like ‘BIZD' Aren't Monkeying Around
In the current low rate environment, fixed income investors don't have time for any monkey business. When it comes to seeking income sources, one promising place to look is business development compan...
Get Down to Business: High Yields with the BIZD ETF
Investors looking for alternative asset classes with eye-catching yields may want to consider business development companies (BDCs), which are accessible in exchange traded funds like the VanEck Vecto...
Get Down to Business with the BIZD ETF
The search for added yield and income can take investors to some unique asset classes, including business development companies (BDCs). Often high-yielding, BDCs are accessible in the form of an excha...
Can Business Development Help Develop Your Portfolio?
Business development companies (BDCs) are playing a vital role amid the COVID-19 pandemic by getting much-needed financing to small, medium-sized, or distressed companies in need of cash. ETF investor...
Should You Invest in the VanEck Vectors BDC Income ETF (BIZD)?
Sector ETF report for BIZD
Banking on BDCs for Big Income
In a challenging income environment, investors should consider assets beyond common stocks and bonds. One idea to mull is business development companies, which are accessible via the VanEck Vectors BD...
3 Great Financial ETFs to Buy for Profits
Rather than investing in individual financial stocks, a risky bet these days, investors may want to consider some unique financial ETFs.
There Are Some Risks, but Opportunities Remain With BDC ETF
With a 30-day SEC yield of about 14%, the VanEck Vectors BDC Income ETF (NYSEArca: BIZD) certainly standouts in today’s low-yield environment. BDCs are comprised of companies that fund small- to mid-s...
