BIZD
VanEck BDC Income ETF
📎 Investment Objective
The VanEck BDC Income ETF (BIZD) seeks to provide investment results that closely correspond to the price and yield performance of the MVIS US Business Development Companies Index, which is intended to track the overall performance of publicly traded business development companies (BDCs).
Overview
ETF tracking VanEck BDC Income ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The VanEck BDC Income ETF (BIZD) seeks to provide investment results that closely correspond to the price and yield performance of the MVIS US Business Development Companies Index, which is intended to track the overall performance of publicly traded business development companies (BDCs).
🎯 Investment Strategy
The fund invests at least 80% of its total assets in securities that comprise the MVIS US Business Development Companies Index. The index is comprised of publicly traded BDCs that invest in, and lend to, private companies. The fund uses a passive management approach to track the performance of the index.
✨ Key Features
- Provides exposure to the BDC sector, which offers potential for high dividend income
- Tracks an index of publicly traded BDCs, providing diversified exposure
- Utilizes a passive, index-tracking investment approach
- Has a low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on the BDC sector
- Potential volatility due to the nature of BDC investments in private companies
- Dividend payments from BDCs may be reduced or suspended
- Liquidity risk as BDC shares may trade at a discount to their net asset value
👤 Best For
This ETF may be suitable for investors seeking exposure to the BDC sector and the potential for high dividend income, as part of a diversified portfolio. However, investors should be aware of the risks associated with the concentrated nature of the fund and the volatility of the BDC market.