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

Higher yieldBIZD11.80% vs 11.27%
Better 1-year total returnBIZD-3.96% vs -6.36%

BIZD vs PBDC at a glance

This page compares VanEck BDC Income ETF (BIZD) with Putnam BDC Income ETF (PBDC) using prices and distributions through September 25, 2026. The numbers update automatically after each trading session.

With dividends reinvested, BIZD has led over the last 12 months at -3.96% versus -6.36% for PBDC. BIZD currently yields 11.80% (trailing 12-month) against 11.27% 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.

Key figures for BIZD and PBDC
MetricBIZDPBDC
Last close$12.91$27.11
Dividend yield11.80% (TTM)11.27% (TTM)
Expense ratio——
Paysquarterlyquarterly
Dividends, last 12 months$1.52 (4 payments)$3.05 (4 payments)
Issuer——
Inception——

Performance: BIZD vs PBDC

Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.

BIZDPBDC

Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026

DividendDuel.com

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
BIZDVanEck BDC Income ETF
11.80%
-3.96%Best$12.91$0.239Quarterly—
PBDCPutnam BDC Income ETF
11.27%
-6.36%$27.11$0.696Quarterly—

Total returns

Price change plus dividends paid, by holding period. Best in each period is outlined.

ETF1M3M6M1Y2Y5Y
BIZDVanEck BDC Income ETF-3.58%+7.40%+6.79%-3.96%-1.21%+27.93%
PBDCPutnam BDC Income ETF-4.27%+5.79%+3.93%-6.36%-0.70%—

Dividends

Latest payout, trailing 12-month total and the last 12 distributions.

ETFLatest payoutvs. priorTrailing 12MRecent payouts
BIZDVanEck BDC Income ETF$0.239Jul 1, 2026-50.41%$1.5244 payoutsOct 2, 2023: $0.437Dec 27, 2023: $0.468Apr 1, 2024: $0.458Jul 1, 2024: $0.453Oct 1, 2024: $0.463Dec 27, 2024: $0.445Apr 1, 2025: $0.43Jul 1, 2025: $0.439Oct 1, 2025: $0.401Dec 29, 2025: $0.402Apr 1, 2026: $0.482Jul 1, 2026: $0.239
PBDCPutnam BDC Income ETF$0.696Jul 7, 2026-2.38%$3.0554 payoutsOct 5, 2023: $0.785Dec 26, 2023: $0.853Apr 4, 2024: $0.765Jul 5, 2024: $0.786Oct 4, 2024: $0.857Dec 27, 2024: $0.79Apr 4, 2025: $0.791Jul 7, 2025: $0.787Oct 6, 2025: $0.821Dec 19, 2025: $0.825Apr 7, 2026: $0.713Jul 7, 2026: $0.696

Recent dividend payments

The latest 12 distributions per share for each fund, newest first.

BIZDPBDC
Jul 1, 2026$0.239Jul 7, 2026$0.696
Apr 1, 2026$0.482Apr 7, 2026$0.713
Dec 29, 2025$0.402Dec 19, 2025$0.825
Oct 1, 2025$0.401Oct 6, 2025$0.821
Jul 1, 2025$0.439Jul 7, 2025$0.787
Apr 1, 2025$0.430Apr 4, 2025$0.791
Dec 27, 2024$0.445Dec 27, 2024$0.790
Oct 1, 2024$0.463Oct 4, 2024$0.857
Jul 1, 2024$0.453Jul 5, 2024$0.786
Apr 1, 2024$0.458Apr 4, 2024$0.765
Dec 27, 2023$0.468Dec 26, 2023$0.853
Oct 2, 2023$0.437Oct 5, 2023$0.785

BIZD vs PBDC: common questions

Which pays a higher dividend, BIZD or PBDC?

As of September 25, 2026, BIZD yields 11.80% (trailing 12-month) and PBDC yields 11.27% (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 -3.96% and PBDC returned -6.36%. 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 September 25, 2026 would have grown to about $9,604 in BIZD and $9,364 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.

Related comparisons

More side-by-side comparisons with BIZD and PBDC.

Figures come from end-of-day prices and distributions and are recalculated after every trading session; see our methodology. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.