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Mark Kennedy

New ETF from Van Eck - BIZD

By February 13, 2013

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We have a new ETF from Van Eck that just launched this week...

  • BIZD - Market Vectors BDC Income ETF

The new fund correlates with the Market Vectors US Business Development Companies Index (MVBIZDTG) and both the ETF and the benchmark target companies involved with business development. Some of those companies include Ares Capital Corporation, American Capital LTD, and Prospect Capital Corporation.

As of today, the new ETF is trading around $20.17 and you can get full details on the BIZD fact sheet.

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