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High Yield Opportunities in BDCs

Business development companies (BDCs) are regaining momentum with attractive yields and credit risk largely priced in. We discuss the key factors supporting BDCs, including their institutional scale, more conservative portfolio construction, and stable credit quality. Investing involves substantial risk and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of a Fund carefully before investing. To obtain a prospectus and summary prospectus, which contain this and other information, call 800.826.2333 or visit vaneck.com. Please read the prospectus and summary prospectus carefully before investing. © Van Eck Securities Corporation, Distributor, a wholly owned subsidiary of Van Eck Associates Corporation.