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BIZD
VanEck BDC Income ETF

BIZD
VanEck BDC Income ETF

  • NAV
    $12.35

    as of March 27, 2026
  • YTD RETURNS
    -12.73%

    as of March 27, 2026
  • Total Net Assets
    $1.41B

    as of March 27, 2026
  • Total Expense Ratio
    12.86%

    Learn More about AFFEs
  • Inception Date
    02/11/2013
  • 30-Day SEC Yield
    9.31%

About BIZD

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 (MVBDCTRG), which tracks the overall performance of publicly traded business development companies.

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Overview

Why BIZD

  • Private credit exposure: BDCs lend to small and midsize private companies
  • High Income Potential†
  • A diversified approach to mitigate risks of individual BDCs
  • No K-1s, investor-friendly tax reporting

Yields  as of  03/27/2026

Distribution Frequency

Quarterly

30-Day SEC Yield

9.31%

Distribution Yield

13.00%

12 Month Yield

13.52%

Yield information reflects temporary waivers of expenses and/or fees. Yields would have been reduced had these fees/expenses been included. In the absence of temporary expense waivers or reimbursements, the 30-Day SEC Yield for VanEck BDC Income ETF would have been 9.31% on 03/27/26. Distributions may vary from time to time.

Performance

Performance History:

Average Annual Total Returns* (%)

View All ETFs View All Indices
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
02/11/13
BIZD (NAV) -9.29 -10.46 -10.27 -19.07 4.56 6.72 8.65 6.12
BIZD (Market Price) -9.43 -10.94 -10.58 -19.28 4.44 6.63 8.69 6.10
MVBDCTRG (Index) -9.14 -10.22 -10.07 -18.80 4.66 6.95 8.65 6.18
Performance Differential (NAV - Index) -0.15 -0.24 -0.20 -0.27 -0.10 -0.23 -- -0.06
  1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
02/11/13
BIZD (NAV) -0.21 0.38 -4.62 -4.62 11.80 12.25 9.73 7.10
BIZD (Share Price) -0.40 0.33 -4.74 -4.74 11.87 12.23 9.71 7.10
MVBDCTRG (Index) -0.17 0.50 -4.45 -4.45 11.83 11.93 9.44 7.14
Performance Differential (NAV - Index) -0.04 -0.12 -0.17 -0.17 -0.03 0.32 0.29 -0.04

*Returns less than one year are not annualized.

Index data prior to June 19, 2023 reflects that of the MVIS® US Business Development Companies Index (MVBIZDTG). From June 19, 2023 forward, the index data reflects that of the Fund's underlying index, the MVIS® US Business Development Companies Index (MVBDCTRG). Index history which includes periods prior to June 19, 2023 links the performance of MVBIZDTG and MVBDCTRG and is not intended for third party use.

The performance data quoted represents past performance. Past performance is not a guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Please call 800.826.2333 or visit vaneck.com for performance current to the most recent month ended.

The "Net Asset Value" (NAV) of a Fund is determined at the close of each business day, and represents the dollar value of one share of the fund; it is calculated by taking the total assets of the fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV is not necessarily the same as the ETF 's intraday trading value. Investors should not expect to buy or sell shares at NAV.

Prices as of 03/27/2026

NAV/
Market
Price 		Volume
30-Day Avg./
Last Trading Day 		Daily Change
NAV/
Last Price 		YTD Change NAV/
Last Price 		Premium/
Discount 		30-Day
Median
Bid Ask
Spread 		NAV
Chart
BIZD $12.35
$12.38 		4,709,379
5,797,329 		$-0.28 / -2.23%
$-0.26 / -2.06% 		-12.73%
-12.69% 		$0.03
0.21% 		0.08%

Fees

Holdings

Daily Holdings (%) as of 03/27/2026

Download XLS Get holdings
Total Holdings: 35
Ticker
Holding Name
Identifier (FIGI)
 Maturity Coupon Contracts/Shares Asset Class Market Value
(US$) 		Notional Value (US$) % of Net
Assets
ARCC
Ares Capital Corp
BBG000PD6X77
 -- -- 10,538,372 Stock 183,894,591 -- 13.07
OBDC
Blue Owl Capital Corp
BBG00DB0XYC4
 -- -- 10,322,407 Stock 111,791,668 -- 7.94
MAIN
Main Street Capital Corp
BBG000BXT422
 -- -- 1,846,400 Stock 95,144,992 -- 6.76
GBDC
Golub Capital BDC Inc
BBG000PXNF64
 -- -- 3,297,756 Stock 40,430,489 -- 2.87
OTF
Blue Owl Technology Finance Corp
BBG00MXMSTD8
 -- -- 3,283,434 Stock 40,287,735 -- 2.86
BXSL
Blackstone Secured Lending Fund
BBG00MS80PM3
 -- -- 1,660,564 Stock 39,039,860 -- 2.77
FSK
Fs Kkr Capital Corp
BBG001YCZP63
 -- -- 3,812,147 Stock 37,778,377 -- 2.68
HTGC
Hercules Capital Inc
BBG000C2R8K2
 -- -- 2,565,669 Stock 35,637,142 -- 2.53
TSLX
Sixth Street Specialty Lending Inc
BBG001DFW799
 -- -- 1,392,361 Stock 24,366,318 -- 1.73
CSWC
Capital Southwest Corp
BBG000BGJ661
 -- -- 884,508 Stock 18,972,697 -- 1.35
TRIN
Trinity Capital Inc
BBG00T6WFZ96
 -- -- 1,222,843 Stock 17,474,426 -- 1.24
MFIC
Midcap Financial Investment Corp
BBG000CBNX94
 -- -- 1,355,706 Stock 14,628,068 -- 1.04
MSDL
Morgan Stanley Direct Lending Fund
BBG00R40RNG8
 -- -- 1,032,291 Stock 14,462,397 -- 1.03
OCSL
Oaktree Specialty Lending Corp
BBG000TKZRB3
 -- -- 1,295,038 Stock 14,167,716 -- 1.01
GSBD
Goldman Sachs BDC Inc
BBG004DDDKH1
 -- -- 1,555,700 Stock 13,985,743 -- 0.99
PSEC
Prospect Capital Corp
BBG000Q3RGN4
 -- -- 5,203,397 Stock 12,956,459 -- 0.92
PFLT
Pennantpark Floating Rate Capital Ltd
BBG001LV74X3
 -- -- 1,458,710 Stock 11,275,828 -- 0.80
CGBD
Tcg BDC Inc
BBG00GQVWWP4
 -- -- 976,754 Stock 10,714,991 -- 0.76
BBDC
Barings BDC Inc
BBG000F54FK1
 -- -- 1,337,437 Stock 10,686,122 -- 0.76
NMFC
New Mountain Finance Corp
BBG000BG22J4
 -- -- 1,333,859 Stock 10,003,943 -- 0.71
FDUS
Fidus Investment Corp
BBG001K9JH07
 -- -- 558,008 Stock 9,441,495 -- 0.67
SLRC
Slr Investment Corp
BBG000V86JM5
 -- -- 625,612 Stock 8,702,263 -- 0.62
BCSF
Bain Capital Specialty Finance Inc
BBG00JDV0M15
 -- -- 715,278 Stock 8,611,947 -- 0.61
MSIF
Msc Income Fund Inc
BBG01FNF0VB5
 -- -- 676,685 Stock 8,269,091 -- 0.59
KBDC
Kayne Anderson BDC Inc
BBG00Z6ZX0D7
 -- -- 600,672 Stock 8,205,180 -- 0.58
GAIN
Gladstone Investment Corp
BBG000C32KN7
 -- -- 585,467 Stock 8,085,299 -- 0.57
NCDL
Nuveen Churchill Direct Lending Corp
BBG00S1L7066
 -- -- 515,527 Stock 6,557,503 -- 0.47
GLAD
Gladstone Capital Corp
BBG000DJYTQ4
 -- -- 332,166 Stock 5,497,347 -- 0.39
CION
Cion Investment Corp
BBG009KJ66B4
 -- -- 759,670 Stock 5,089,789 -- 0.36
TCPC
Blackrock Tcp Capital Corp
BBG001P0TNW2
 -- -- 1,239,842 Stock 4,265,056 -- 0.30
912797QD2
United States Treasury Bill
BBG01T8LCHN4
 04/16/2026 -- 272,221,000 Bond 271,753,341 -- 19.31
912797TN7
United States Treasury Bill
BBG01ZDC8DQ5
 07/16/2026 -- 269,427,000 Bond 266,521,230 -- 18.94
--
Mvbdc Tr (Gross) Swap
--
-- -- 209,171 Swap -- 511,302,403 --
--
Mvbdc Tr (Gross) Swap
--
-- -- 3,350 Swap -- 8,188,817 --
-USD CASH-
--
-- -- 40,360,637 Cash Bal 40,360,637 -- 2.87
--
Other/Cash
--
-- -- 0 Cash -1,960,779 -- -0.14
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These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Portfolio & Index

Index Fundamentals as of 02/28/2026

  • Weighted Average Market Cap
    5.50
  • Price/Earnings Ratio (Last 12 Months)
    10.18
  • Price/Book Ratio (Last 12 Months)
    0.83

3-YR Risk Measures as of 02/28/2026

  • Beta vs. S&P 500 Index
    0.50
  • Correlation vs. S&P 500 Index
    0.45
  • Volatility (Standard Deviation)
    12.83
  • Sharpe Ratio
    0.03

Index Country Weightings (%) as of 02/28/2026

  • Country

    % of Net Assets
  • ■

    United States

    98.9

Index Sector Weightings (%) as of 02/28/2026

  • Sector

    % of Net Assets
  • ■

    Financials

    96.7
  • ■

    Not Available

    2.2

Distributions

Team

Literature

BIZD