Business Development Companies (BDCs) Stocks Offer High YieldsBusiness development companies (BDCs) pay high dividends and may be appropriate for income portfolios. However, these stocks could react negatively to increasing interest rates.
The following table includes 16 BDC stocks.
|16 BDC Stocks|
Stock Returns & Price Chart
Recent Prices &
|Apollo Investment Corporation||AINV|
|Ares Capital Corporation||ARCC|
|BlackRock Capital Investment||BKCC|
|Golub Capital BDC||GBDC|
|Hercules Technology Growth Capital||HTGC|
|Main Street Capital||MAIN|
|New Mountain Finance||NMFC|
|Newtek Business Service||NEWT|
|Prospect Capital Corporation||PSEC|
|TPG Specialty Lending||TSLX|
|TriplePoint Venture Growth BDC||TPVG|
|Price data from Quandl as of most recent close.|
To inspect the performance of the BDC Stocks portfolio, see the chart below. Portfolio values are computed using monthly closes for stocks from Quandl.The 9 stocks included in the portfolio computations are: AINV, ARCC, BKCC, GLAD, HTGC, MAIN, NEWT, PNNT and PSEC. The current value of the portfolio assumes that $1,111.11 was invested (total of $10,000) in each stock at its closing monthly price for the first date shown on the portfolio value chart below. All prices are adjusted for splits and dividends. The 7 stocks excluded from the portfolio computations because of insufficient price data are: FDUS, GBDC, MCC, MRCC, NMFC, TSLX and TPVG.
The current value of a $10,000 investment is $40,039. The percent return is 300.39%. The annualized return is 14.88%.
|Return Summary for BDC Stocks|
|Current Value of Investment||$40,039.01|
|Number Profitable Returns||6,807|
|Percent Profitable Returns||93.76%|
|Number Unprofitable Returns||453|
|Percent Unprofitable Returns||6.24%|
|Profitable to Unprofitable Returns Ratio||15.03|
NOTE: The stocks included in the tables and chart are representative of the industry. They are not recommendations.