VanEck BDC Income ETF (BIZD)
| Assets | $1.32B |
| Expense Ratio | 13.33% |
| PE Ratio | 18.51 |
| Shares Out | 78.28M |
| Dividend (ttm) | $1.84 |
| Dividend Yield | 10.91% |
| Ex-Dividend Date | Oct 1, 2024 |
| Payout Ratio | 201.22% |
| 1-Year Return | +6.43% |
| Volume | 623,602 |
| Open | 16.85 |
| Previous Close | 16.82 |
| Day's Range | 16.81 - 16.90 |
| 52-Week Low | 15.18 |
| 52-Week High | 17.39 |
| Beta | 1.11 |
| Holdings | 30 |
| 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
72.69% of assets| Name | Symbol | Weight |
|---|---|---|
| Ares Capital Corporation | ARCC | 21.84% |
| FS KKR Capital Corp. | FSK | 9.65% |
| Blue Owl Capital Corporation | OBDC | 8.79% |
| Blackstone Secured Lending Fund | BXSL | 8.65% |
| Main Street Capital Corporation | MAIN | 4.89% |
| Golub Capital BDC, Inc. | GBDC | 4.60% |
| Hercules Capital, Inc. | HTGC | 4.40% |
| Sixth Street Specialty Lending, Inc. | TSLX | 3.69% |
| Morgan Stanley Direct Lending Fund | MSDL | 3.13% |
| Prospect Capital Corporation | PSEC | 3.05% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 1, 2024 | $0.463 | Oct 4, 2024 |
| Jul 1, 2024 | $0.453 | Jul 5, 2024 |
| Apr 1, 2024 | $0.458 | Apr 5, 2024 |
| Dec 27, 2023 | $0.468 | Dec 29, 2023 |
| Oct 2, 2023 | $0.437 | Oct 6, 2023 |
| Jul 3, 2023 | $0.419 | Jul 7, 2023 |
News
13+% Dividend Yields: 1 To Buy And 1 To Avoid
My portfolio focuses on high-yielding stocks, as they are ideal components of an opportunistic capital recycling strategy. That said, not all high-yield stocks make for good investments. I share one s...
2 BDCs That Could Be The Next Stars In The Sector
The BDC segment offers significant opportunities for retail investors due to low competition from institutional investors and potential valuation inefficiencies. The best thing that could happen is if...
BIZD: Exceed 10% Yields With This ETF Rather Than Picking Individual BDCs
I am bullish on BDCs and BIZD for 2025 due to a lower-rate environment, potential deregulation, and lower corporate taxes, which will drive growth. BIZD offers a diversified, high-yield income investm...
Scott Bessent Appointment Makes This 11% Yield A ‘Screaming Buy'
Hedge fund veteran and Wall Street-approved suit Scott Bessent is likely the new Treasury secretary. That's why this 11% dividend is a big winner.
BIZD Vs. PBDC: Simple Choice For Conservative Income Investors
The BDC universe is small, with less than 50 players, and only 4 have market cap levels exceeding $5 billion. Hence, retail and income-oriented investors can exploit high yields and market inefficienc...
An Important Warning For Dividend Investors After Donald Trump's Victory
Donald Trump's victory has had a pronounced impact on market behavior, anticipating meaningful policy changes once he takes office. We analyze the likely impact of his policy proposals on dividend sto...
12% Yield And Big Buyback: Dividend Stocks I Am Buying Hand-Over-Fist
I love stocks that pay big dividends and buy back a lot of stock. I share some dividend stocks that meet these criteria. I detail why they are compelling buys right now.
Investing In BDCs For 10%+ Yields? This Is What Matters Now
When investing for 10%+ BDC yields, investors have to pay extra attention to leverage, dividend coverage, and portfolio quality. Going into Q3, 2024 earnings season, my expectation was that we would s...
Buy The Dip: 6-11% Yields For Growing Retirement Dividend Income
The broader markets are soaring right now. However, there are numerous opportunities to buy discounted blue-chip high-yielding dividend growth stocks. I share three best-of-breed high-yield dividend g...
8-10% Dividend Yields: If I Could Only Buy 3 In November 2024
Chasing yields above 10% is risky. 8-10% yields offer a sweet spot when combined with stable cash flows and strong balance sheets. I share three of these stocks that I really like right now.
14% Dividend Yields: 1 To Buy And 1 To Sell
High-yield dividend stocks can powerfully boost passive income. However, they come with significant risks, especially when yields exceed 10%, indicating potential payout cuts or limited growth. I disc...
8 Stocks I'm Buying No Matter How The U.S. Election Goes
The federal government absorbed most of the economic pain of the pandemic, and that shows up in federal debt to GDP. Big Tech companies paradoxically benefit from a higher Fed Funds Rate, because thei...
2 Very Overrated And 2 Very Underrated Big Dividend Stocks
Big dividend stocks are some of my favorite stocks to buy. However, just because a stock pays a big dividend does not mean it is undervalued. I discuss two popular big dividend stocks that, I think, a...
11-14% Yielding Dividend Growers: 2 To Buy And 1 To Sell
High-yield dividend growth stocks can make for exceptional passive income machines and wealth-compounding instruments. However, exceptionally high yields demand extra caution from investors. We discus...
Invest In All Weather BDC Dividend Portfolio
The All Weather Portfolio concept introduced by Ray Dalio aims for stable returns through largely uncorrelated investment exposures. In this article, I have tried to apply the essence of such a constr...
BIZD: Recent Developments Are Encouraging
BIZD is a simple BDC index ETF. Dividends are strong, with an 11.4% dividend yield and high single-digit dividend growth these past three years. Share price and valuations are somewhat low, especially...
BIZD: Portfolio Weight Shifts To The Defensive
VanEck BDC Income ETF (BIZD) offers diverse BDC exposure with an 11.3% dividend yield. The ETF's top holding, Ares Capital, shows strong financials and distribution coverage, justifying its increased ...
2 Small Cap, Growing BDCs That Could Be Great Income Additions To Your Portfolio
Income investors should consider Crescent Capital BDC and Fidus Investment for their portfolios, as both trade below Net Asset Values and offer growth potential. CCAP, despite a short track record, sh...
Dividend Cut Alert For 2 Deeply Undervalued 11%+ Yields
Typically, stocks with at-risk dividends should be avoided. That said, there are exceptions to every rule. I share two high-yielding stocks that look like attractive buys to me even though their divid...
Good News For BDCs
I have been bearish on BDCs for a while, and this caution has paid off. However, some good news just arrived for the sector. I discuss what this is and share some of my top picks of the moment in ligh...
Bad News For High Yield Stocks
High-yield stocks have surged in recent months. However, recently, news hit that threatens to end the rally in much of the sector. We share which part of the high-yield space is likely going to benefi...
An Important Warning Before Buying Dividend Stocks
Dividend stocks have been soaring in recent months. However, there is reason to believe that the party may not last much longer. We share our concerns and how we are positioning our portfolio as a res...
Buy The Dip: 10% Yields Getting Way Too Cheap
The high-yield space has undergone a sharp bifurcation recently. We discuss what this bifurcation is and what is driving it. We discuss two quality and growing 10%-yields that are way too cheap right ...
2 Lessons From BDCs That Recently Cut Their Dividends
The fears of BDC dividends becoming unsustainable are rising. The primary driver for this is falling interest rates. While I fully appreciate this risk, in my opinion, by being very selective, investo...
2 Business Development Companies To Buy Before Mergers And Acquisitions Heat Up
The Federal Reserve's recent rate cut will have a complex impact on business development companies. Many BDCs will face headwinds due to falling net investment income as SOFR begins to fall. MAIN and ...