BKCC - BlackRock Capital Investment Corporation - Don't Be Tempted By This Low-Quality High-Yield BDC
BlackRock Capital Investment Corporation (BKCC) is the perfect example of the confluence of chasing yield and investing based on name recognition. Potential investors might be swayed by the fact that the BDC is owned/managed by BlackRock (BLK), which is one of the largest players in the ETF and asset management business. That doesn’t mean that this BDC is successful. In fact, this BDC has been a horrible investment for anybody to hold for virtually any period in time since its inception. Where applicable, I will try to include comparative values from