Quick BDC market Update
As mentioned in previous articles, I'm expecting many BDCs to report stronger-than-expected results including net asset value "NAV" increases, adequate dividend coverage, and reaffirming current dividends. Please see "Upcoming NAV Changes For The BDC Sector Yielding 14%" for discussion of why we will likely see many BDCs with increased NAV.
BDCs will start reporting results in less than two weeks and will likely drive some positive headlines and another rally in BDC pricing as investors are looking to improve portfolio yield/returns in this low-yield environment. Please