The 12% Yield Trap: Why BIZD's Soaring Payout Ratio Signals Trouble Ahead
JULY 20, 2026

The 12% Yield Trap: Why BIZD's Soaring Payout Ratio Signals Trouble Ahead

Income investors are gravitating towards business development companies (BDCs) for yields exceeding 10%, with the VanEck BDC Income ETF (BIZD) offering a headline yield of 12.1%. However, its high expense ratio of 10% raises concerns about shareholder returns. As interest rates decline, BDCs face pressure, evidenced by a...

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Is BLOX's Payout Holding Up? What the Data Shows
JUNE 25, 2026

Is BLOX's Payout Holding Up? What the Data Shows

The Nicholas Crypto Income ETF (BLOX) has delivered a trailing distribution yield of 12.4%, equating to approximately $1.934 per share over the past year. However, investors should scrutinize whether this payout is sustainable or if it involves a return of capital, which could indicate NAV erosion. With a focus on...

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