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New BDC ETF Is A Pure Play On High Yield Income

Feb. 14, 2013 1:08 PM ETBIZD, PSEC, ACAS, ARCC, MFIC, TCAP-OLD
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Market Vectors ETF Trust just launched the Market Vectors BDC Income ETF (NYSE: BIZD), the first exchange-traded fund (ETF) designed to provide pure-play exposure to business development companies (BDCs).

BIZD is currently trading at $20.29 and will pay quarterly dividends and annual capital gains.

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New BDC ETF is a Pure Play on High Yield Income

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