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BIZD
VanEck BDC Income ETF

Fund Description

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.

 
 

  • Fund Ticker

    BIZD
  • Exchange

    NYSE Arca
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MVBIZDTG
  • Index Rebalancing

    Quarterly

 
as of 09/24/21

  • 30-Day SEC Yield1

    7.99%
  • Total Net Assets

    $491.2M
  • Number of Holdings

    25
  • Options

    Expected
  • Gross Expense Ratio2

    10.07%
  • Net Expense Ratio/TER2

    10.07%
  • Distribution Frequency

    Quarterly
  • 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

Index Profile

  • Ticker

    MVBIZDTG
  • Inception Date

    08/04/2011
  • Rebalance Frequency

    Quarterly

Top 10 Constituents (%) as of 08/31/21

Total Constituents: 25
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full data
Constituent Name
Ticker
Weightings (%)
Ares Capital Corp
ARCC US
15.84
Fs Kkr Capital Corp
FSK US
11.41
Owl Rock Capital Corp
ORCC US
8.45
Main Street Capital Corp
MAIN US
5.13
Hercules Capital Inc
HTGC US
4.98
Sixth Street Specialty Lendi
TSLX US
4.68
Golub Capital Bdc Inc
GBDC US
4.55
Prospect Capital Corp
PSEC US
4.45
Goldman Sachs Bdc Inc
GSBD US
4.38
New Mountain Finance Corp
NMFC US
4.05
Top 10 Total (%) 67.92
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index Country Weightings (%) as of 08/31/21

  • Country

    Weightings (%)
  • United States

    100.00

Index Sector Weightings (%) as of 08/31/21

  • Sector

    % of Net Assets
  • Financial

    97.9
  • Consumer, Non-cyclical

    2.1