BIZD – VanEck BDC Income ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® U.S. Business Development Companies Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund’s benchmark index and/or in investments or instruments that have investment exposure to securities that comprise its benchmark index. The BDC index is comprised of BDCs.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
BIZD	VanEck BDC Income ETF	ETF	Open	—		Feb 11, 2013	—	9.690%	—	—	—
BIZD	VanEck BDC Income ETF	ETF	Open			Feb 11, 2013	$1.46B	9.690%	—	—	$26.42M

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