The VanEck Vectors BDC Income ETF (BIZD) is the only ETF to invest exclusively in the equity securities of business development companies (BDCs). BIZD seeks to track an index of publicly traded BDCs which are a type of closed-end fund, originally created through legislation in 1980 with the purpose of spurring lending to private companies and thinly traded public companies.

BIZD

VanEck BDC Income ETF

Fund Description

The VanEck BDC Income ETF (BIZD^TM) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS^®US Business Development Companies Index (MVBDCTRG), which tracks the overall performance of publicly traded business development companies.

Resources

Fact Sheet

Fund Faq

Fund Profile

Summary Prospectus

Regulatory Documents

Latest Insights

Schedule a Call

Sign Me Up

Fund Highlights

High Income Potential^†
Business Development Companies (BDCs) have proven an attractive alternative income source historically
Exposure to Private Credit
Target privately-held U.S. companies and thinly traded U.S. public companies which are generally difficult to access
Lending to Middle-Market Companies
BDCs generate income by lending to, and investing in, private companies that tend to be below investment grade or not rated
No K-1s, investor-friendly tax reporting

Performance

Fees

Holdings

Portfolio & Index

Index Fundamentals as of 10/31/2024

Weighted Average Market Cap

Weighted Average Market Capitalization is the average of all of the market capitalizations of index constituents, each weighted by the constituent’s percentage of the index. The market capitalization for each constituent is calculated by multiplying the market price by its number of shares outstanding.

5.60
Price/Earnings Ratio (Last 12 Months)

Price/Earnings Ratio is the price of a security divided by the last twelve months earnings per share of the security. A weighted harmonic average is used to calculate this metric.

8.79
Price/Book Ratio (Last 12 Months)

Price/Book Ratio is the price of a security divided by the book value per share of the security. A weighted harmonic average is used to calculate this metric.

1.01

3-YR Risk Measures as of 10/31/2024

Beta vs. S&P 500 Index

Beta is a measure of sensitivity to market movements.

0.72
Correlation vs. S&P 500 Index

Correlation measures the extent of linear association between the ETF performance and the index performance.

0.74
Volatility (Standard Deviation)

Volatility is the annualized standard deviation of monthly returns.

16.68
Sharpe Ratio

Sharpe ratio measures risk-adjusted return, and represents the return less the risk free rate divided by the standard deviation.

0.34

BIZD

VanEck BDC Income ETF

BIZD

VanEck BDC Income ETF

Fund Description

Resources

Overview

Fund Highlights

Performance

Fees

Holdings

Portfolio & Index

Index Fundamentals as of 10/31/2024

3-YR Risk Measures as of 10/31/2024

Index Country Weightings (%) as of 10/31/2024

Index Sector Weightings (%) as of 10/31/2024

Distributions

Team

Literature

BIZD VanEck BDC Income ETF

BIZD VanEck BDC Income ETF

Fund Description

Resources

Overview

Fund Highlights

Performance

Fees

Holdings

Portfolio & Index

Index Fundamentals as of 10/31/2024

3-YR Risk Measures as of 10/31/2024

Index Country Weightings (%) as of 10/31/2024

Index Sector Weightings (%) as of 10/31/2024

Distributions

Team

Literature

BIZD

VanEck BDC Income ETF

BIZD

VanEck BDC Income ETF