• Ticker:- BIZD;true;MVBIZD;
  • Ticker Group:- ETFFI_EI;false;;
  • How to Purchase

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BDC Income ETF BIZD

  • Full Name: Market Vectors®
    BDC Income ETF (BIZD)

    Management Style: Replication

    Underlying Index: Market Vectors® US Business Development Companies Index (MVBIZDTG)

    Index Provider: Market Vectors Index Solutions

    Index Description: MVBIZDTG is a rules based index intended to track the overall performance of publicly traded business development companies.

  •  
      

    • Fund Ticker

      BIZD
    • Exchange

      NYSE Arca
    • Commencement

      02/11/2013
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      MVBIZDTG
    • Index Rebalancing

      Monthly
  •  
    as of 10/24/14

    • 30-Day SEC Yield1

      8.83%
    • Total Net Assets

      $44.8M
    • Number of Holdings

      29
    • Options

      Expected
    • Gross Expense Ratio2

      9.58%
    • Net Expense Ratio/TER2

      9.17%
    • Distribution Frequency

      Quarterly
    • Next Distribution Date

      12/26/2014
    • Expenses Explained
  • View All Indices » View All ETFs » Performance History: Average Annual Total Returns* (%)

    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    02/11/13
    BIZD (NAV) -5.10 -5.46 -1.75 1.72 -- -- -- 4.17
    BIZD (Share Price) -4.67 -5.43 -1.79 1.93 -- -- -- 4.39
    MVBIZD (Index) -5.07 -5.43 -3.23 1.98 18.60 -- -- 4.51
    Performance Differential (NAV - Index) -0.03 -0.03 1.48 -0.26 -- -- -- -0.34
    After Tax Held -- -- -- -1.16 -- -- -- 1.73
    After Tax Sold -- -- -- 1.00 -- -- -- 2.10
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    02/11/13
    BIZD (NAV) -5.10 -5.46 -1.75 1.72 -- -- -- 4.17
    BIZD (Share Price) -4.67 -5.43 -1.79 1.93 -- -- -- 4.39
    MVBIZD (Index) -5.07 -5.43 -3.23 1.98 18.60 -- -- 4.51
    Performance Differential (NAV - Index) -0.03 -0.03 1.48 -0.26 -- -- -- -0.34
    After Tax Held -- -- -- -1.16 -- -- -- 1.73
    After Tax Sold -- -- -- 1.00 -- -- -- 2.10
  • Growth of Hypothetical $10,000 Investment as of 10/25/2014

    3 Months
     TO 
  • Calendar Year Returns (%) as of 12/31/2013

  • NAV & Premium/Discount History
    as of 09/30/14

  • Best & Worst
    Quarter Returns (%)
    as of 09/30/14

    • Best Quarter

      3Q'13+4.68%
    • Worst Quarter

      3Q'14-5.46%

    Best & Worst Quarter Returns are based on NAV, reflect the period since the Fund's inception, and are updated quarterly.  

     

  • Distribution History

    Anticipated Dividend & Capital Gains Frequency: Annual
    Ex-Date Record
    Date
    Payable Date Dividend
    Income
    Short-Term
    Capital Gains
    Long-Term
    Capital Gains
    Return of Capital Total Distributions
    10/01/2014 10/03/2014 10/07/2014 $0.4150 None None None $0.4150
    07/01/2014 07/03/2014 07/08/2014 $0.3400 None None None $0.3400
    04/01/2014 04/03/2014 04/07/2014 $0.3400 None None None $0.3400
    12/27/2013 12/31/2013 01/03/2014 $0.3555 None None None $0.3555
    10/01/2013 10/03/2013 10/07/2013 $0.3300 None None None $0.3300
    07/01/2013 07/03/2013 07/08/2013 $0.2499 None None None $0.2499
    04/01/2013 04/03/2013 04/05/2013 $0.2070 None None None $0.2070

    All registered investment companies, including Van Eck Associates Corporation, are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading Market Vectors ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant Market Vectors ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distribution are not indicative of future distributions.

    Go here for Additional Distributions Details and Supplemental Tax Information, including PDF downloads.