The business development company (BDC) sector has faced significant challenges from mid-2025 through early 2026 due to factors like spread tightening. However, analyst Samuel Smith believes the sector is poised for a turnaround, with certain BDC companies likely to outperform in the near future. Smith, who leads the High Yield Investor group, shares his insights on which BDC names show promise for investors seeking growth and yield. This outlook suggests potential opportunities for investors willing to navigate the current difficulties in the BDC space.
Jeffrey Gundlach criticized semi-liquid private credit funds for poor liquidity during market stress, highlighting funds like Apollo Debt Solutions and Blue Owl Tech Income that limited redemptions and cut payouts amid investor withdrawals. Despite t...
Ares Capital (ARCC) stands out among business development companies (BDCs) by maintaining strong resilience despite ongoing sector headwinds and negative sentiment in private credit. Its net asset value (NAV) per share of $19.59 reflects market norma...
