VanEck BDC Income ETF (BIZD)
Assets | $1.57B |
Expense Ratio | 12.86% |
PE Ratio | 11.32 |
Shares Out | 88.58M |
Dividend (ttm) | $1.79 |
Dividend Yield | 11.05% |
Ex-Dividend Date | Apr 1, 2025 |
Payout Ratio | 124.71% |
1-Year Return | -4.87% |
Volume | 844,873 |
Open | 16.28 |
Previous Close | 16.25 |
Day's Range | 16.13 - 16.34 |
52-Week Low | 13.50 |
52-Week High | 17.86 |
Beta | 0.81 |
Holdings | 33 |
Inception Date | Feb 12, 2013 |
About BIZD
Fund Home PageThe VanEck BDC Income ETF (BIZD) is an exchange-traded fund that mostly invests in total market 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
93.08% of assetsName | Symbol | Weight |
---|---|---|
United States Treasury Bills 0.01% | B.0 07.15.25 | 18.90% |
Ares Capital Corporation | ARCC | 17.89% |
Mvbdctrg Trs Usd R E Mvbdctrg | n/a | 12.63% |
Blue Owl Capital Corporation | OBDC | 11.13% |
Blackstone Secured Lending Fund | BXSL | 9.54% |
Mvbdctrg1 Trs Usd R E Mvbdctrg | n/a | 8.08% |
Main Street Capital Corporation | MAIN | 3.87% |
Hercules Capital, Inc. | HTGC | 3.81% |
FS KKR Capital Corp. | FSK | 3.62% |
Golub Capital BDC, Inc. | GBDC | 3.61% |
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
Apr 1, 2025 | $0.4295 | Apr 4, 2025 |
Dec 27, 2024 | $0.4445 | Dec 30, 2024 |
Oct 1, 2024 | $0.4632 | Oct 4, 2024 |
Jul 1, 2024 | $0.4534 | Jul 5, 2024 |
Apr 1, 2024 | $0.4579 | Apr 5, 2024 |
Dec 27, 2023 | $0.4679 | Dec 29, 2023 |
News

Dividend Danger Zone: 1 BDC And I REIT Facing Potential Cuts
I favor BDCs and REITs for their attractive yields and solid fundamentals, making them key components of my income-focused portfolio. Yet, the current market conditions are unfavorable for both BDCs a...

5-9% Yields To Build A Low-Stress Dividend Income Stream
Building a low-stress retirement income stream requires a diversified portfolio of durable, defensive, and dividend-growing stocks or funds. I share two approaches to achieving a low-stress dividend g...

Important Warning: A Perfect Storm Could Be Forming For BDCs
BDCs have been on a great run relative to the broader high-yield space over the past several years. However, the BDC Goldilocks environment appears poised to end soon, with several major potential hea...

What I Wish I Knew Before Buying BDCs, REITs, And MLPs
BDCs, REITs, and MLPs offer attractive, sustainable yields due to pass-through structures and stable cash flow profiles. However, each of these sectors has its own unique quirks. I discuss several of ...

Retire Early: Cash Flow Machines That Could Set You Free
Dividend investing is my favorite path to financial freedom. I share the best places to find the cash flow machines that could set you free. I also share some of my favorite dividend powerhouses of th...

PBDC Vs. BIZD: Which Is Best For Income Investors And Retirees
BDCs offer investors very strong yields and strong recent returns. BIZD and PBDC are the largest BDC ETFs in the market, with yields in the 9.0–11.0% range, positive dividend growth, and strong return...

When Market Pain Means Income Investor Gain
The current environment is uniquely challenging, with uncertainty persisting and no clear catalyst for a recovery. Growth is richly priced, and, in my view, an unattractive space. This makes value and...

Beyond The Brand: Separating 2 Popular BDCs (Buy Vs. Avoid)
Investing based on brand is not the wisest thing one could do. Yet, in certain sectors, including in the BDC space, strong brands could indicate interesting opportunities. In this article, I share how...

The More It Tanks, The More It Stanks
High-yield stocks that trade at deep discounts to NAV often attract value-oriented income investors. However, most of the time, these investments are value traps. I share two popular stocks like this ...

Sustainable And Popular 9-10% Yields: One To Buy And One To Sell
9%+ yields backed by strong business models, balance sheets, and track records are generally extremely popular with income investors. However, they are not always good buys. I detail one very popular ...

Power Up Your Portfolio With Reliable Dividends; Yields +10%
It is impossible to predict the future, but you can prepare for it. Wall Street has expectations, and they can be relentless when those are unmet. We discuss two picks to support your income, whether ...

7-10% Yielding Big Dividend Powerhouses To Turbocharge Your Retirement Income
High-yield, blue-chip stocks are the holy grail of retiring on dividends. I share some of my favorite 7-10% yielding blue chips that look like attractive picks for retirees. I also share some of the r...

My Top 2 Buy And Hold Forever BDC Picks
BDCs are high-risk assets. It means that buy and hold forever strategy might be suboptimal. Yet, there are exceptions.

Why BDC Bulls Should Stay Away From BIZD
There are only 2 ETF options to invest in the BDC segment, and BIZD is one of them. Even though it is the largest and most liquid alternative, it has some notable drawbacks. In this article, I elabora...

Retire On Dividends With This 7%-Yielding Low-Stress Portfolio
Retiring on dividend cash flow offers predictable income and long-term growth, making it ideal for offsetting inflation and market volatility risks. I share the key principles for building a low-stres...

2 BDCs To Boost Your Passive Income
Business development companies, or BDCs, can provide relatively high yields, making them attractive for income-focused investors. Not all BDCs are the same, with each having their own unique focus and...

2 Game-Changing Additions To Your Retirement Income Portfolio
Retirement income investing should prioritize risk management, income stability, and capital preservation over aggressive growth strategies. To achieve that, investors tend to allocate high-quality va...

From Overlooked To Outperforming: The Rise Of Two 9% Dividend Titans
We have limited visibility on important macro variables. This uncertainty fosters emotional decision-making. For long-term and high-quality investors, it is great news.

Hard To Imagine Retirement Income Portfolio Without These 2 Picks
Typically, investors put a focus on high-yield securities if the goal is to live off from portfolio income streams. These high-yielding securities come from BDC, REIT, MLP, CEF and other value-oriente...

All That Glitters Is Not Gold, 2 BDCs To Avoid Before They Cut Again
The BDC land consists of a small number of players, most of which have tiny market cap levels. Even though the asset class is relatively shallow and niche-like, we can still find some strong brand nam...

My 3 Biggest BDC Investing Mistakes Worth Avoiding
I've been tracking major BDCs for over three years, achieving high total returns and dividends, and outperforming the BDC index. My investments in BDCs are motivated by high yield, diversification fro...

BIZD: Panic Selloff Is A Golden Opportunity
The VanEck BDC Income ETF offers a 12% yield and exposure to high-quality business development companies, making it attractive for passive income investors. The ETF's portfolio includes top BDCs like ...

A Rare Buying Opportunity: 11%+ Yields The Market Got Completely Wrong
One has grown its dividend for 48 consecutive quarters and just authorized a buyback of 7.5% of its outstanding shares. The other trades at a 17% discount to NAV and is backed by a legendary billionai...