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 this, some public business development companies (BDCs) like Ares Capital and Main Street Capital stand out for disciplined underwriting, consistent dividend growth, and strong yields of 10.6% and 8.2% respectively. These BDCs offer safer, reliable income streams with better liquidity, making them attractive alternatives in the private credit space amid current market concerns.
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...
Generating $500 a month in passive dividend income requires different amounts of capital depending on the yield chosen. Conservative dividend growth funds like SCHD offer lower yields (~3.7%) but potential income growth and inflation protection, need...
