(PBDC)

BDCs offer investors very strong yields and strong recent returns. BIZD and PBDC are the largest BDC ETFs in the market, with yields in the 9.0–11.0% range, positive dividend growth, and strong return...

I am increasingly cautious on BDCs due to rising non-accruals, weaker earnings, and looser underwriting amid intense competition for private credit deals. Elevated interest rates are suppressing BDC v...

The investment provides a dividend yield of nearly 10%, while offering diversified exposure to BDCs. The fund has outperformed its passive counterpart BIZD since the end of 2022 through active managem...

I'm consolidating my BDC holdings into PBDC due to rising risks from prolonged high interest rates and increased competition for quality deals. PBDC offers strong total returns, a nearly 10% dividend ...

Fear-driven volatility creates investment opportunities, with Business Development Corporations performing well in the current economic environment. Initiating a buy rating on Putnam BDC Income ETF du...

The BDC land consists of a small number of players, most of which have tiny market cap levels. Even though the asset class is relatively shallow and niche-like, we can still find some strong brand nam...

My BDC Portfolio: 2 Months In And A Clear Alpha Performance

Business development companies have faced valuation reversion amid market volatility and changing interest rate expectations, impacting their recent performance. PBDC, an actively managed ETF of BDCs,...

Putnam BDC Income ETF is actively managed but, in my view, lacks true active management substance. PBDC and VanEck BDC Income ETF have both underperformed compared to my custom BDC portfolio, which in...

This is my first BDC portfolio monthly performance review article. The good news is that the portfolio has done its job, outperforming the two BDC benchmarks - PBDC and BIZD. Yet, on an absolute basis...