BIZD vs PBDC: Dividend Yield, Total Return & Fees Compared
VanEck BDC Income ETFPutnam BDC Income ETF
Data as of the close · refreshed automatically every trading day
Performance: BIZD vs PBDC
Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.
Total Return (%) · dividends reinvested · Nov 7, 2025 – Nov 9, 2026
DividendDuel.comBIZD vs PBDC at a glance
This page compares VanEck BDC Income ETF (BIZD) with Putnam BDC Income ETF (PBDC) using prices and distributions through November 9, 2026. The numbers update automatically after each trading session.
With dividends reinvested, BIZD has led over the last 12 months at +0.56% versus -2.30% for PBDC. BIZD currently yields 12.33% (trailing 12-month) against 11.16% for PBDC.
BIZD leads on both current yield and 1-year total return. Yields and returns move with markets, so check the longer periods below before drawing conclusions.
| Metric | BIZD | PBDC |
|---|---|---|
| Last close | $12.65 | $26.58 |
| Dividend yield | 12.33% (TTM) | 11.16% (TTM) |
| Expense ratio | — | — |
| Pays | quarterly | quarterly |
| Dividends, last 12 months | $1.56 (4 payments) | $2.97 (4 payments) |
| Issuer | — | — |
| Inception | — | — |
Overview
Key fund stats as of the latest close.
Total returns
Price change plus dividends paid, by holding period. Best in each period is outlined.
Downside and distribution variability
Income and ending returns do not describe the whole investment experience.
Across 1,031 shared trading dates from September 30, 2022 to November 9, 2026, the largest observed peak-to-trough decline with dividends reinvested was -22.56% for BIZD and -20.29% for PBDC. These figures use the same available dates for both instruments, exclude intraday moves, and are not forecasts.
BIZD's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.2391 to $0.4818 per share across 4 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.
PBDC's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.6955 to $0.8251 per share across 4 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.
Fund expense ratios are annual operating costs, not a bill added to the historical returns shown here. Trading spreads, brokerage costs and personal taxes can reduce an investor's realized return.
Recent distributions
The latest 12 distributions per share, newest first. Dates are reported ex-dividend dates, not cash payment dates.
| BIZD | PBDC | ||
|---|---|---|---|
| Oct 1, 2026 | $0.4371 | Oct 6, 2026 | $0.7331 |
| Jul 1, 2026 | $0.2391 | Jul 7, 2026 | $0.6955 |
| Apr 1, 2026 | $0.4818 | Apr 7, 2026 | $0.7127 |
| Dec 29, 2025 | $0.4015 | Dec 19, 2025 | $0.8251 |
| Oct 1, 2025 | $0.4012 | Oct 6, 2025 | $0.8205 |
| Jul 1, 2025 | $0.4386 | Jul 7, 2025 | $0.7868 |
| Apr 1, 2025 | $0.4295 | Apr 4, 2025 | $0.7911 |
| Dec 27, 2024 | $0.4445 | Dec 27, 2024 | $0.7896 |
| Oct 1, 2024 | $0.4632 | Oct 4, 2024 | $0.8571 |
| Jul 1, 2024 | $0.4534 | Jul 5, 2024 | $0.7864 |
| Apr 1, 2024 | $0.4579 | Apr 4, 2024 | $0.7645 |
| Dec 27, 2023 | $0.4679 | Dec 26, 2023 | $0.8526 |
BIZD vs PBDC: common questions
Which pays a higher dividend, BIZD or PBDC?
As of November 9, 2026, BIZD yields 12.33% (trailing 12-month) and PBDC yields 11.16% (trailing 12-month), so BIZD currently pays the higher yield. A higher yield does not guarantee a higher total return.
Which has performed better, BIZD or PBDC?
Over the past year with dividends reinvested, BIZD returned +0.56% and PBDC returned -2.30%. Past performance does not predict future results.
What would $10,000 in BIZD vs PBDC be worth after one year?
With dividends reinvested, $10,000 invested one year before November 9, 2026 would have grown to about $10,056 in BIZD and $9,770 in PBDC.
How often do BIZD and PBDC pay dividends?
BIZD pays quarterly (4 payments in the last 12 months) and PBDC pays quarterly (4 payments).
Is BIZD or PBDC the better investment?
It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.
Research BIZD and PBDC beyond the yield
Identify whether each instrument is a company, a preferred-security fund or a BDC fund. Review credit exposure, leverage and expenses in its documents before interpreting the distribution rate.
Review VanEck BDC Income ETF (BIZD) payment history and Putnam BDC Income ETF (PBDC) payment history before choosing assumptions for the dividend reinvestment calculator. Run each scenario separately; the calculator uses your rates rather than importing these historical returns.
For a cash target, use the income goal calculator. Read our guide to comparing dividend ETFs and data and editorial approach for context on the historical figures.
Related comparisons
More side-by-side comparisons with BIZD and PBDC.
Published by Delta Dividends LLC. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.