Business Development ETFs Like 'BIZD' Aren't Monkeying Around
February 19, 2021 In the current low rate environment, fixed income investors don’t have time for any monkey business. When it comes to seeking income sources, one promising place to look is business development companies (BDCs) via the BIZD gets down to business by seeking to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® US Business Development Companies Index. The fund normally invests at least 80% of its total assets in securities that comprise the fund’s benchmark index. The index is comprised of BDCs. BDCs are vehicles ...