2024-01-26 17:05:39 ET
Summary
- The VanEck BDC Income ETF is an index fund that tracks the performance of the MVIS US Business Development Companies Index.
- Business development companies provide capital to middle market companies and have proven to be stronger than their reputation.
- The largest holdings in the BDC sector, such as Ares Capital, FS KKR Capital Corp, and Blue Owl Capital Corp, have competitive advantages and have outperformed the sector.
The VanEck BDC Income ETF ( BIZD ) is an index fund that tracks the performance of the MVIS US Business Development Companies Index by replicating the portfolio and corresponding weighting. Over two years ago, we provided an introduction to the fund . Today, we are going to follow up on our coverage and explore why the fund’s largest holdings continue to carry performance....
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For further details see:
BIZD: Ditch This Fund And Buy Its Largest Constituents Instead