(BIZD) BDC Income - Overview
ETF Category: Financial | Exchange: NYSE ARCA (USA) | Market Cap: 1.536m USD | Total Return: -13.2% in 12m
Avg Turnover: 40.9M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The VanEck BDC Income ETF (BIZD) tracks an index of Business Development Companies (BDCs), investing at least 80% of its assets in these underlying securities. BDCs are specialized financial vehicles that provide capital to small and mid-sized private companies, often through secured loans or equity stakes.
Under U.S. tax law, BDCs must distribute at least 90% of their taxable income to shareholders annually to maintain their regulated investment company status. This structure allows them to avoid corporate-level taxation while providing investors exposure to private credit markets. You may find more granular data on specific BDC holdings by using ValueRay.
- High interest rates sustain elevated net interest margins for underlying BDC portfolios
- Rising corporate default rates threaten net asset values of middle market loans
- Tightening credit spreads reduce profitability on new private debt originations
- Robust dividend yields attract income-seeking capital during periods of market volatility
- Increased competition in private credit markets pressures management fee structures and yields
As of May 26, 2026, the stock is trading at USD 12.38 with a total of 2,230,900 shares traded.
Over the past week, the price has changed by -1.82%,
over one month by -2.75%,
over three months by -4.00% and
over the past year by -13.21%.
BDC Income has no consensus analysts rating.