VanEck BDC Income ETFVanEck BDC Income ETFVanEck BDC Income ETF

VanEck BDC Income ETF

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Key stats


Assets under management (AUM)
‪1.50 B‬USD
Fund flows (1Y)
‪501.63 M‬USD
Dividend yield (indicated)
10.47%
Discount/Premium to NAV
0.3%
Shares outstanding
‪86.88 M‬
Expense ratio
13.33%

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
Management style
Passive
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
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
Sector
Focus
Financials
Niche
Asset management & custody banks
Strategy
Vanilla
Geography
U.S.
Weighting scheme
Tiered
Selection criteria
Market cap

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of January 30, 2025
Exposure type
StocksBonds, Cash & Other
Finance
Miscellaneous
Stocks89.00%
Finance76.11%
Miscellaneous12.88%
Bonds, Cash & Other11.00%
Government8.98%
Mutual fund2.02%
Cash0.00%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows