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home / news releases / BIZD - Gaining BDC Exposure: Initiating Buy On The PBDC ETF

BIZD - Gaining BDC Exposure: Initiating Buy On The PBDC ETF

VanEck Vectors BDC Income

2024-02-13 12:30:41 ET

Summary

  • Putnam BDC Income ETF is recommended for exposure to the business development company (BDC) sector.
  • PBDC is a small and relatively new ETF managed by Michael Petro, offering BDC diversification and the ability to be pro-active in the fund's asset allocation.
  • PBDC has outperformed the VanEck BDC Income fund since its inception on Sept. 29, 2022, and offers a current 9.8% yield paid quarterly.

I'm going to go ahead and get some Business Development Company exposure by initiating a Buy on the Putnam BDC Income ETF (PBDC) at $31.70 real time market price. ...

For further details see:

Gaining BDC Exposure: Initiating Buy On The PBDC ETF
Stock Information
Company Name: VanEck Vectors BDC Income
Stock Symbol: BIZD
Market: NYSE
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