Market Vectors Rolls Out Business Development ETF
February 12, 2013 at 11:28 AM EST
Van Eck's Market Vectors unit, the fifth-largest U.S. ETF issuer, today introduced the Market Vectors BDC Income ETF (NYSE: BIZD), a fund the firm says is the first designed to offer pure-play exposure to high-yielding business development companies. With an annual expense ratio 0.4 percent, BIZD tracks the Market Vectors US