SSSS - Ranking Business Development Companies From Most Undervalued To Overvalued
The other day I covered business development companies in "BIZD: As High-Yield Credit Spreads Fall, BDCs Will Perform Well" that explained why I believe BDCs are a solid bet over the next few months and how the ETF BIZD is a decent way to make that bet.
While I like BIZD, I believe that investors can get better returns by individually selecting BDCs for those with higher yields (given risk) which are preferably trading below book value. In a similar fashion to "Ranking The Mortgage REITs From Most Undervalued To Overvalued"