VanEck BDC Income ETF (BIZD)

BIZD (VanEck BDC Income ETF) is an exchange-traded fund (ETF) managed by VanEck. The ETF seeks to track the performance of the MVIS US Business Development Companies Index, which is a benchmark that tracks the performance of business development companies (BDCs).

BDCs are companies that provide financing and investment opportunities to small and mid-sized businesses, often in the form of debt or equity financing. BDCs typically operate as regulated investment companies (RICs) and must distribute at least 90% of their taxable income to shareholders in the form of dividends.

The fund's holdings are primarily focused on BDCs that are publicly traded, and the portfolio is diversified across a range of sectors, including technology, healthcare, and consumer goods.

In terms of performance, BIZD has delivered solid returns over the long term, with a focus on generating income through dividends. The ETF's focus on BDCs may make it a suitable option for investors who are seeking exposure to the small and mid-sized business sector in the U.S.