VanEck BDC Income ETFVanEck BDC Income ETFVanEck BDC Income ETF

VanEck BDC Income ETF

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Key stats


Assets under management (AUM)
‪1.57 B‬USD
Fund flows (1Y)
‪513.93 M‬USD
Dividend yield (indicated)
11.12%
Discount/Premium to NAV
0.4%
Shares outstanding
‪97.28 M‬
Expense ratio
12.86%

About VanEck BDC Income ETF


Issuer
Van Eck Associates Corp.
Brand
VanEck
Home page
Inception date
Feb 11, 2013
Structure
Open-Ended Fund
Index tracked
MarketVector US Business Development Companies Liquid Index
Replication method
Physical
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Absolute Return Advisers Corp.
Distributor
Van Eck Securities Corp.
BIZD tracks a concentrated index of US publicly-listed private equity investment companies: The ETF buys shares of firms that in turn invest in the debt and equity of mid-sized private firms. The index selects the largest and most liquid companies which are treated as Business Development Companies (BDC) and weights them by market-cap, with a cap of 20% per issuer, to ensure diversification. Small- and midcaps are also eligible for inclusion in the index. The fund uses a sampling strategy, meaning the fund may not hold all the stocks of the underlying index but will hold securities that collectively have the same investment profile. The index is rebalanced quarterly.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Tiered
Selection criteria
Market cap
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Miscellaneous
Government
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to BIZD via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BIZD trades at 16.03 USD today, its price has risen 0.63% in the past 24 hours. Track more dynamics on BIZD price chart.
BIZD net asset value is 16.03 today — it's risen 4.70% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BIZD assets under management is ‪1.57 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BIZD price has risen by 6.06% over the last month, and its yearly performance shows a −7.66% decrease. See more dynamics on BIZD price chart.
NAV returns, another gauge of an ETF dynamics, showed a −2.76% decrease in three-month performance and has increased by 3.13% in a year.
BIZD fund flows account for ‪513.93 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BIZD invests in stocks. See more details in our Analysis section.
BIZD expense ratio is 12.86%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, BIZD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BIZD technical analysis shows the buy rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BIZD shows the sell signal. See more of BIZD technicals for a more comprehensive analysis.
Yes, BIZD pays dividends to its holders with the dividend yield of 11.12%.
BIZD trades at a premium (0.44%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BIZD shares are issued by Van Eck Associates Corp.
BIZD follows the MarketVector US Business Development Companies Liquid Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Feb 11, 2013.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.