Expense Ratio History

BIZD expense ratio history

VanEck BDC Income ETF

Fund company
VanEck
Type
ETF

9.69%

In basis points
969 basis points
Yearly cost per $10,000
$969
Prospectus dated
1 May 2026, filed with the SEC; rounded to 0.01%
Last change
Cut from 12.86% on 1 May 2026

Fee over time

BIZD expense ratio: 7.68% until 1 Sep 2013, then 9.34%; 9.34% until 1 Sep 2014, then 9.58%; 9.58% until 1 Sep 2015, then 9.62%; 9.62% until 1 Sep 2016, then 9.37%; 9.37% until 1 Sep 2017, then 9.78%; 9.78% until 1 Sep 2018, then 9.49%; 9.49% until 1 Sep 2019, then 9.68%; 9.68% until 1 Sep 2020, then 10.23%; 10.23% until 1 Sep 2021, then 10.07%; 10.07% until 1 Sep 2022, then 10.92%; 10.92% until 1 Sep 2023, then 11.17%; 11.17% until 1 Sep 2024, then 13.33%; 13.33% until 1 May 2025, then 12.86%; 12.86% until 1 May 2026, then 9.69%; read at 9.69% on 1 May 2026.0.00%5.00%10.00%15.00%20.00%Feb 2013May 2015Aug 2017Nov 2019Feb 2022May 20247.68% before9.69% from 1 May 2026
BIZD expense ratio: 7.68% until 1 Sep 2013, then 9.34%; 9.34% until 1 Sep 2014, then 9.58%; 9.58% until 1 Sep 2015, then 9.62%; 9.62% until 1 Sep 2016, then 9.37%; 9.37% until 1 Sep 2017, then 9.78%; 9.78% until 1 Sep 2018, then 9.49%; 9.49% until 1 Sep 2019, then 9.68%; 9.68% until 1 Sep 2020, then 10.23%; 10.23% until 1 Sep 2021, then 10.07%; 10.07% until 1 Sep 2022, then 10.92%; 10.92% until 1 Sep 2023, then 11.17%; 11.17% until 1 Sep 2024, then 13.33%; 13.33% until 1 May 2025, then 12.86%; 12.86% until 1 May 2026, then 9.69%; read at 9.69% on 1 May 2026.0.00%5.00%10.00%15.00%20.00%Feb 2013Aug 2017Feb 20227.68% before9.69% from 1 May 2026
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Every figure we've recorded

DateFeeWhat happened
1 May 2026 9.69% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-05-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 May 2026 9.69% Cut from 12.86% to 9.69%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2026-04-29
1 May 2025 12.86% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-05-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 May 2025 12.86% Cut from 13.33% to 12.86%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-04-29
1 Sep 2024 13.33% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2024 13.33% Raised from 11.17% to 13.33%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-08-27
1 Sep 2023 11.17% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2023 11.17% Raised from 10.92% to 11.17%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-08-24
1 Sep 2022 10.92% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2022 10.92% Raised from 10.07% to 10.92%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-08-25
1 Sep 2021 10.07% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2021 10.07% Cut from 10.23% to 10.07%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-08-26
1 Sep 2020 10.23% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-09-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Sep 2020 10.23% Raised from 9.68% to 10.23%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2021-04-30
1 Sep 2019 9.68% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-09-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Sep 2019 9.68% Raised from 9.49% to 9.68%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2020-03-09
1 Sep 2018 9.49% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2018 9.49% Cut from 9.78% to 9.49%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-09-18
1 Sep 2017 9.78% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2017 9.78% Raised from 9.37% to 9.78%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2017-09-13
1 Sep 2016 9.37% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2016 9.37% Cut from 9.62% to 9.37%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-09-14
1 Sep 2015 9.62% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2015 9.62% Raised from 9.58% to 9.62%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2015-09-22
1 Sep 2014 9.58% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2014 9.58% Raised from 9.34% to 9.58%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2014-09-17
1 Sep 2013 9.34% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2013 9.34% Raised from 7.68% to 9.34%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2013-09-12
7 Feb 2013 7.68% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-02-07 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 9.69% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$7,994 in fees over 10 years

After fees, $10,000 grows to $6,030.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$993
3 years$2,835
5 years$4,500
10 years$7,994

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 15 prospectuses for this share class since 2013. Each one is listed above with a link to the filing.

How we read fees

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