MAIN is the only one worth looking at IMO. Lived through 08'-09'. Most have negative price return TBH, MAIN has performed better (actually up since being listed) but still not great compared to growth investments. Div growth is in a similar spot, exists but barely.
There are a lot of garbage BDCs but I’ll echo what many have said as good ones: ARCC and MAIN have proven stability. HTGC probably a little riskier but worth checking out. I haven’t seen anyone mention GAIN yet but it’s also a good one.
Only one I have so far is MAIN. Their price fluctuates from like $35-45. I feel if it's under 40 it's a good buy. It's a nice monthly div and they have been giving out special divs as well.
The big question is how their loans are doing. Are most of the loans floating-rate? If so, what will their customers do when the interest rate on their loans doubles or triples? Can they still pay?
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I like MAIN and ARCC
MAIN is the only one worth looking at IMO. Lived through 08'-09'. Most have negative price return TBH, MAIN has performed better (actually up since being listed) but still not great compared to growth investments. Div growth is in a similar spot, exists but barely.
I own HTGC, ARCC, and MAIN in my Roth and ARCC in my regular account. Plan to continue holding/adding to the positions.
There are a lot of garbage BDCs but I’ll echo what many have said as good ones: ARCC and MAIN have proven stability. HTGC probably a little riskier but worth checking out. I haven’t seen anyone mention GAIN yet but it’s also a good one.
Etf VanEck BDC income ticker BIZD. Current yield of 11.92%.
https://www.vaneck.com/us/en/investments/bdc-income-etf-bizd/
I am in MAIN and HTGC. Both in my Roth IRA.
Seconding MAIN
Only one I have so far is MAIN. Their price fluctuates from like $35-45. I feel if it's under 40 it's a good buy. It's a nice monthly div and they have been giving out special divs as well.
Herc, ARES good luck
The big question is how their loans are doing. Are most of the loans floating-rate? If so, what will their customers do when the interest rate on their loans doubles or triples? Can they still pay?