BDCI
Actively managedFixed IncomeMuzinich BDC Income Fund - Active ETF
About this ETF
The Fund invests in a selective and actively managed portfolio of US-listed BDCs. The portfolio typically comprising 20 to 45 BDCs, providing exposure to a wide range of US middle market private debt with diversification across managers, sectors and credit ratings.
IssuerMuzinich & Co
Management fee (MER)0.95% p.a.
Inception date1 Apr 2026
BenchmarkS&P BDC PR USD
Scout Score
20/100
Ranked #29 of 30 in active Fixed IncomeAn independent score calculated by ETF Scout across 6 real-data factors (cost, diversification, liquidity, fund strength, performance, income), ranked against other actively-managed funds in the same category. Tracking isn't scored, since active funds don't target an index.
Cost7
Diversification—
Liquidity24
Fund Strength20
Performance—
Income64
Strengths
No standout strengths relative to category peers.
Weaknesses
- Higher fee — 0.95% p.a., more expensive than 93% of active Fixed Income funds.
- Small fund — $3M in assets, smaller than 80% of active Fixed Income funds, which can mean wider spreads.
- Lower liquidity — 0.15% bid/ask spread, wider than 76% of active Fixed Income peers.