Business development companies are required to disclose so-called acquired fund fees and expenses, which are a type of business expense and not considered “fees” in the way fund investors are familiar with. [Making Sense of Acquired Fund Fees in BDC ETFs]
BIZD has a 30-day SEC yield of 8.83%. Based on its 2014 distributions, BDCS has a yield of 8%.
Market Vectors BDC Income ETF
ETF Trends editorial team contributed to this post.