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Investing in Business Development Companies (BDCs) and other Niche Assets That Trade on Stock Exchanges
Money For the Rest of Us
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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