2024-03-06 17:23:48 ET
Summary
- BIZD is a great option to gain exposure to the BDC sector while avoiding the individual holding risk.
- The current dividend yield is over 10% and has been sustainable throughout different interest rate environments. The ETF has a reliable history of paying out and growing the dividend.
- Interest rates serve as a potential price catalyst over the course of 2024.
- The top holdings of BIZD have all performed strongly and this has resulted in growing their Net Investment Income.
Overview
VanEck BDC Income ETF ( BIZD ) is a great fund to gain some BDC exposure as well as a sustainable source of high yielding income. The dividend yield of BIZD is over 10% and contains plenty of high quality business development companies within. I believe we are likely to see an increased demand for credit and lending, which can result in an increase in prices within the BDC sector....
Read the full article on Seeking Alpha
For further details see:
BIZD: BDC Are Still Great For 2024