New ETFs On The Block: Market Vectors BDC Income ETF (BIZD)

Ulli Dividend ETFs Contact

Market Vectors, the fifth-largest US issuer of exchange-traded products sponsored by Van Eck Global, has launched the Mar Vectors BDC Income ETF (BIZD), the first exchanged-traded fund designed to offer pure-play exposure to business development companies (BDCs). Business development companies generate income by lending to, and investing in, privately-held or thinly traded public companies that tend to be below investment-grade …