20 BDCs And 13 Of Them Are Likely To Slash Their Dividends This Year

BDCs currently offer very high yields; the expectation that additional interest rate cuts are unlikely this year should theoretically support current levels. Despite that, most BDCs have already taken significant price damage, implying limited near-term upside and persistent downside risk for income-focused portfolios.

Analysis

BDCs currently offer very high yields; the expectation that additional interest rate cuts are unlikely this year should theoretically support current levels. Despite that, most BDCs have already taken significant price damage, implying limited near-term upside and persistent downside risk for income-focused portfolios.