BIZDVanEck BDC Income ETF
The VanEck BDC Income ETF (BIZDTM) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS®US Business Development Companies Index (MVBIZDTG), which tracks the overall performance of publicly traded business development companies.
AdministratorVan Eck Associates
CustodianState Street Bank and Trust Company
as of 09/24/21
30-Day SEC Yield17.99%
Total Net Assets$491.2M
Number of Holdings25
Gross Expense Ratio210.07%
Net Expense Ratio/TER210.07%
- Expenses Explained
Index Key Points
The MVIS US Business Development Companies Index (MVBIZDTG) is a rules-based index intended to track the overall performance of Business Development Companies (BDC). Companies eligible for inclusion in Index:
- Market cap exceeding $150 million.
- Three-month average daily trading volume of at least $1 million.
- Minimum trading volume of 250,000 shares each month over last 6 months.
Index Provider: MV Index Solutions
Top 10 Constituents (%) as of 08/31/21
|Ares Capital Corp||
|Fs Kkr Capital Corp||
|Owl Rock Capital Corp||
|Main Street Capital Corp||
|Hercules Capital Inc||
|Sixth Street Specialty Lendi||
|Golub Capital Bdc Inc||
|Prospect Capital Corp||
|Goldman Sachs Bdc Inc||
|New Mountain Finance Corp||
|Top 10 Total (%)||67.92|
Index Country Weightings (%) as of 08/31/21
Index Sector Weightings (%) as of 08/31/21
Sector% of Net Assets