ETF Trends publisher Tom Lydon discussed VanEck Vectors BDC Income ETF (BIZD) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show.
Investors looking for a high-yield, equity income position may consider Business Development Company (BDC) exposure to complement a traditional income-oriented portfolio.
BDCs are comprised of companies that fund small- to mid-sized private companies, which are usually rated below investment grade or not rated at all.