BDCs
Non-Accrual Loans Explained: When Private-Credit Income Stops
A non-accrual is the moment a lender admits expected interest no longer deserves to count as ordinary income. For BDC investors, that changes the dividend math.
BDCs
A non-accrual is the moment a lender admits expected interest no longer deserves to count as ordinary income. For BDC investors, that changes the dividend math.
BDCs
Floating-rate loans can boost BDC income when rates rise, but the same mechanism can pressure borrowers and create future credit stress.
BDCs
NAV is the BDC investor’s trust gauge: a way to judge whether the reported value of the loan book still deserves belief.
BDCs
BDCs are not just high-yield stocks. They are public gateways into private credit, where the dividend is only the output of a deeper lending machine.
Private Credit
Private credit quietly became a $2 trillion market while most retail investors focused on stocks. Here’s how it works and why institutions love it.