VanEck BDC Income ETF
VanEck BDC ETF (AMEX: BIZD) is an exchange-traded fund listed on NYSE Arca, trading at $12.91 (about ₹1,238 a unit) as of 25 Sep 2026, 4:00 PM ET. It has an expense ratio of 9.69% and holds 35 securities. Indian residents can buy BIZD through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$12.81
Today's high
$12.93
52 week low
$11.97
52 week high
$15.12
BIZD opened at $12.91, closed previously at $12.90, and has traded between $11.97 and $15.12 over the past 52 weeks.
About
The VanEck BDC Income ETF (BIZD) is designed to closely mirror the investment results of the MVISUS Business Development Companies Index (MVBDCTRG). Its primary objective is to replicate, prior to fees and expenses, the overall performance – encompassing both capital appreciation and income – of this benchmark index. The MVISUS Business Development Companies Index itself measures the collective returns of publicly traded business development companies (BDCs).
Key statistics
Expense ratio
9.69%
Assets (AUM)
$1.6B
Holdings
35
NAV
$12.93
Avg. volume
—
1-year price change
-14.16%
5-year price change
-25.25%
Price change excludes dividends.
Top 10 holdings
BIZD holds 35 securities in total. These 10 are 80.2% of the fund.
Where the money is invested
Countries
How to buy BIZD from India
Indian residents can buy BIZD units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search BIZD and buy
Find the fund by its ticker, BIZD, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in BIZD from India
Trading and taxes when buying BIZD from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the BIZD price today?
VanEck BDC ETF (BIZD) last traded at $12.91 on NYSE Arca, as of 25 Sep 2026, 4:00 PM ET. That is ₹1,238 a unit at the 25 Sep 2026 USD/INR rate.
When does BIZD trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is BIZD, and what does it cost to hold?
VanEck BDC ETF manages about $1.6B. Its expense ratio is 9.69% a year, deducted inside the fund. It launched in 2013.
What are BIZD's largest holdings?
The top three are United States Treasury Bill (22.1%), United States Treasury Bill (17.9%) and Ares Capital Corp (13.7%). BIZD's 10 largest positions make up 80.2% of the fund.
Does BIZD pay dividends?
Yes. BIZD is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on BIZD taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of BIZD?
Yes. You can buy BIZD by amount rather than by whole unit, and there is no minimum trade size.
How has BIZD performed?
BIZD's price is down 14.2% over the past year and down 25.2% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.