VanEck BDC Income ETF (BIZD)

NYSEARCA: BIZD · IEX Real-Time Price · USD
14.86
+0.13 (0.89%)
Mar 31, 2023, 12:52 PM EDT - Market open
0.89%
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.

Asset Class Equity
Category Financial
Region North America
Stock Exchange NYSEARCA
Ticker Symbol BIZD
Issuer VanEck
Index Tracked MVIS US Business Development Companies

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%
View More Holdings

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
Full Dividend History

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...

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3 months ago - ETF Trends

Dividend ETFs Ease the Pain of a Down Year

U.S. equity ETFs exposed to highest yield are beating broader markets.

6 months ago - ETFcom

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...

10 months ago - ETF Trends

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.

1 year ago - ETF Trends

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...

1 year ago - ETF Trends

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...

1 year ago - ETF Trends

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...

1 year ago - ETF Trends

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...

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1 year ago - ETF Trends

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 ...

1 year ago - ETF Trends

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...

1 year ago - ETF Trends

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...

1 year ago - ETF Trends

ETF Odds & Ends: Another Fund Converts

Plus, additional ETF changes and the launch of two more actively managed ETFs.

2 years ago - ETFcom

The Best, And Worst, Monthly Dividend ETFs

There's an ETF for just about anything we can think of—stocks, bonds, commodities, growth, value, sectors, industries and, of course, high yield.

2 years ago - Forbes

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...

2 years ago - ETF Trends

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...

2 years ago - ETF Trends

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...

2 years ago - ETF Trends

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...

2 years ago - ETF Trends

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...

2 years ago - ETF Trends

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...

2 years ago - ETF Trends

Should You Invest in the VanEck Vectors BDC Income ETF (BIZD)?

Sector ETF report for BIZD

2 years ago - Zacks Investment Research

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...

2 years ago - ETF Trends

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.

Other symbols: ARKFPSCF
2 years ago - InvestorPlace

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...

2 years ago - ETF Trends

7 ETF Areas Up At Least 25% Last Week

Wall Street rallies on cues of slowdown in virus cases in some hotspots and the Fed's latest round of stimulus boosted these ETF areas last week.

3 years ago - Zacks Investment Research

Fed Goes the Extra Mile: 6 ETF Areas to Win

As the Fed has rolled out another round of fresh stimulus to support Main Street and fallen angels, these ETF areas should be better-positioned.

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3 years ago - Zacks Investment Research