This article discusses Ares Capital (ARCC) and its Baby Bond "AFC" that currently yield 9.0% and 6.6%, respectively. Also discussed is the potential for additional unrealized losses for ARCC from its portfolio companies that have been previously marked down including equity positions which were responsible for much of the unrealized losses last quarter.
As shown below, ARCC is the largest publicly traded business development company ("BDC") followed by FSK and ORCC that recently went public as discussed in "Hot IPO: Owl Rock Capital Yielding 9% To 10% Out Today".