CGBD - VanEck Vectors BDC Income ETF: Better Than The Competition But No Due Diligence

So let's talk high income!

Over the years I have discussed a number of asset classes and ETF investments which focus on very high income, or more precisely distribution rates.

These would be asset classes such as closed-end funds and REITs, many of which are packaged in the very popular leveraged and unleveraged ETFs.

As we saw however, many of those funds, while they distributed high rates, also had a tough time maintaining their net asset values.

One other asset class that I feel is misunderstood but purchased nevertheless are BDCs, or business development companies.