Portman Ridge Finance: A Year Later, I Still Rate This 14% Yielding BDC A Hold
BDCBelden(BDC) Seeking Alpha·2024-07-09 19:00
peshkov I hold several BDCs (business development companies) in my Income Compounder portfolio. Over the past several years, BDCs have performed extremely well due to higher interest rates and a generally strong economy, especially in the US. In fact, according to Raymond James in their BDC weekly insight that tracks the performance of most of the publicly traded BDCs, 5-year total returns have approached 90% for the equal weight RJ BDC Index, exceeding even that of the S&P 500, which has a total return ...