Investing in Business Development Companies (BDCs) and other Niche Assets That Trade on Stock Exchanges
Money For the Rest of Us
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Investing in Business Development Companies
The Van Act BDC income ETF has returned 8.6% annualized over the past five years. The SEC yield or the yield is after all those expenses, and the yields are close to 8%. But if you approach it in a diversified way, this is an example of an investment because it is such a small niche market.
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