
The primary objective of this fund is to generate consistent income for investors. It predominantly allocates its assets to business development companies (BDCs), selecting these investments for their ability to offer reliable dividend payouts and opportunities for capital appreciation.
Is PBDC's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Advisors did not slow down on exchange-traded funds in the second quarter. They added more of them, and pointed the money somewhere new, according to AdvizorPro's Q2 2026 RIA ETF Trends report.

BIZD's double-digit yield looks like a private-credit shortcut, but a hidden fee structure quietly eats into returns in a way most investors never calculate before they buy.

Private credit has grown into an asset class that now rivals high-yield bonds, with direct lending, middle market loans, and collateralized loan structures moving trillions of dollars outside the traditional banking system.

This article is focused on retirees and income investors who want to generate both a passive income and decent capital appreciation. The income is important for retirees, but they should not overlook the capital growth to meet or beat inflation to support at least 30 years of retirement. We present a portfolio of 10 funds that is highly diversified with nearly as many different industry segments. The portfolio offers a 7% plus yield and roughly $6,000 monthly income.

BDC ETFs dangle yields that could replace a Social Security check from a fraction of the capital, but the fine print buried in quarterly non-accrual data tells a very different story about where that income actually comes from.