No. of Recommendations: 3
Ooops, sorry for the acronym, I try to avoid them. In case someone reads this and doesn't know, BDC is Business Development Company. They are publicly traded, you can buy shares of them. You can find lists of them with a google search. There are also some indexes for groups of them

At the risk of generalizing, they are sort of/kind of like junk bond funds. But I'm sure there are large differences, which you can research if you want to.

Although they offer large dividends, they tend to lose share value every time a dividend is paid. Best of luck if you choose to invest in one, I hope it goes through the roof for you....but you'd better budget for a 1 to 3% annual return on your investment over time.
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