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BIZD Market Vectors BDC Income ETF

  • Fund Description

    The VanEck Vectors BDC Income ETF (BIZD®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Business Development Companies Index (MVBIZDTG), which tracks 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

      Quarterly
  •  
    as of 08/29/16

    • 30-Day SEC Yield1

      8.45%
    • Total Net Assets

      $104.1M
    • Number of Holdings

      26
    • Options

      Expected
    • Gross Expense Ratio2

      9.62%
    • Net Expense Ratio/TER2

      9.45%
    • Distribution Frequency

      Quarterly
    • Next Distribution Date

      09/30/2016
    • Expenses Explained
  • Index Key Points

    The MVIS US Business Development Companies Index (MVBIZDTG) is a rules-based index intended to track the overall performance of Business Development Companies (BDC). Companies eligible for inclusion in Index:

    • Market cap exceeding $150 million.
    • Three-month average daily trading volume of at least $1 million.
    • Minimum trading volume of 250,000 shares each month over last 6 months.

    Index Provider: MV Index Solutions

  • Index Profile

    • Ticker

      MVBIZDTG
    • Inception Date

      08/04/2011
    • Rebalance Frequency

      Quarterly
  • Download All Index ConstituentsTop 10 Constituents (%) as of 07/31/16

    Total Constituents: 25
    Constituent Name
    Ticker
    Weightings (%)
    Ares Capital Corp
    ARCC US
    16.40
    American Capital Ltd
    ACAS US
    9.76
    Prospect Capital Corp
    PSEC US
    9.53
    Fs Investment Corp
    FSIC US
    7.89
    Main Street Capital Corp
    MAIN US
    5.88
    Hercules Technology Growth
    HTGC US
    4.54
    Apollo Investment Corp
    AINV US
    4.45
    Golub Capital Bdc Inc
    GBDC US
    4.38
    New Mountain Finance Corp
    NMFC US
    3.42
    Triangle Capital Corp
    TCAP US
    3.25
    Top 10 Total (%)69.50
    These are not recommendations to buy or to sell any security. Securities and holdings may vary.
  • Index Country Weightings (%) as of 07/31/16

    • Country

      Weightings (%)
    • UNITED STATES

      100.00
    • OTHERS

      0.00
  • Sector Weightings (%) as of 07/31/16

    • Sector

      % of Net Assets
    • Financial

      99.2
    • Consumer, Non-cyclical

      0.8
    • OTHERS

      0.0