VanEck BDC Income ETF

BIZD

Market cap $1.62B

Overview Fund Activity

15.42 USD

+0.01

0.06%

At close Updated Sep 17, 4:00 PM EDT

Pre-market

After hours

15.49

+0.07

0.45%

1 day

0.06%

5 days

-3.32%

1 month

-3.2%

3 months

-3.44%

6 months

-7.22%

Year to date

-8.1%

1 year

-5.51%

5 years

25.77%

10 years

-8.49%

0

Funds holding %

of 7,463 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

129% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 17

62% more repeat investments, than reductions

Existing positions increased: 97 | Existing positions reduced: 60

10% more capital invested

Capital invested by funds: $512M [Q1] → $563M (+$50.8M) [Q2]

9% more funds holding

Funds holding: 215 [Q1] → 234 (+19) [Q2]

0.75% more ownership

Funds ownership: 34.54% [Q1] → 35.29% (+0.75%) [Q2]

25% less funds holding in top 10

Funds holding in top 10: 4 [Q1] → 3 (-1) [Q2]

64% less call options, than puts

Call options by funds: $435K | Put options by funds: $1.22M

See Fund Rankings

Financial journalist opinion

Based on 10 articles about BIZD published over the past 30 days

2 BDCs: 1 Hidden Gem And 1 Overhyped Quality Play

The BDC sector faces headwinds from thin dividend coverage, falling base rates, and compressed spreads, threatening earnings and payouts. Many BDCs may be forced to cut dividends by 2026, negatively impacting total returns, as most income is generated from dividends. Despite sector challenges, select BDCs offer sustainable dividends and solid total return potential, though many trade at overvalued levels.

2 BDCs: 1 Hidden Gem And 1 Overhyped Quality Play

3 Dividend Stocks That Pay Me $2,000 Each Month

Just 3 stocks pay me $2,000 in passive income every single month. Each one offers high yield plus defensive fundamentals. One of them yields over 11% — and trades at a big discount.

3 Dividend Stocks That Pay Me $2,000 Each Month

What If Everyone Is Wrong About REITs? Here's My Contrarian View

Interest rates are very likely set to go down. This creates a fruitful ground for REIT bulls to become optimistic. Yet, there is an important caveat to this.

What If Everyone Is Wrong About REITs? Here's My Contrarian View

The Worst Setup For BDCs In Years

BDCs have outperformed over the past half-decade. However, macro and sector conditions are shifting rapidly. This could be the toughest environment BDCs have faced in years.

The Worst Setup For BDCs In Years

3 BDCs That Are Not Invited To The Dividend Cut Party

I expect the Fed to cut rates soon, with markets pricing in an 89% chance of a 25bps cut this month. Ongoing and future rate cuts will pressure SOFR-linked assets, especially BDCs, causing yield compression and likely dividend reductions. BDC dividend risks are high due to lower loan yields, thin dividend coverage, and limited capacity to offset falling income.

3 BDCs That Are Not Invited To The Dividend Cut Party

BIZD: BDC Income In A Convenient Wrapper

BDCs have priced in some pain in this interest rate cycle. Some BDC are actually cheap as well. We look at BIZD, a BDC ETF, and tell you what we think.

BIZD: BDC Income In A Convenient Wrapper

A Historic Opportunity For Dividend Investors

Rate cuts are likely imminent. This could be a major catalyst for dividend investors. We expect significant upside and highlight some of our top picks.

A Historic Opportunity For Dividend Investors

2 BDCs That Should Navigate The Dividend Cutting Spree That Could Be Coming

Lower base rates are headwinds for most BDCs, but Fidus Investment and Capital Southwest stand out as likely to avoid dividend cuts. FDUS impresses with a low-leverage balance sheet, strong liquidity, robust base dividend coverage, and significant equity stakes that provide income flexibility. CSWC benefits from improved credit quality, strong equity investment gains, high undistributed taxable income, and ample liquidity to support its base dividend.

2 BDCs That Should Navigate The Dividend Cutting Spree That Could Be Coming

Inside The Income Factory: Credit Asset Investing With Steven Bavaria

Steven Bavaria, from Inside the Income Factory, discusses credit assets like high-yield bonds, senior loans, and BDCs for stable, high-yield income, favoring closed-end funds for their resilience and discounts. Expense ratios for BDC ETFs like PBDC appear high due to accounting rules, but actual fund expenses are low—professional management adds only about 0.4%.

Inside The Income Factory: Credit Asset Investing With Steven Bavaria

BIZD: Packed With Unsustainable Yield Picks, A Clear No Go

BIZD is the largest BDC-focused ETF. Yet, I would say that it presents a very suboptimal offering. For example, more than 50% of BIZD's AuM is subject to a material dividend cut risk.

BIZD: Packed With Unsustainable Yield Picks, A Clear No Go

See News Rankings

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