Business Development Companies (BDCs)

BDCs lend to private, mid-sized US businesses and pass most of the interest income to shareholders. Yields of 8-12% are common, many pay monthly or add supplemental dividends, and credit quality is the metric to watch.

47 securities Average yield 15.29% Updated Sep 8, 2026
Symbol Type Price TTM yield Annual / share Frequency Next ex-date 5y growth Streak Size Risk
MAINMain Street Capital Corporation Stock $56.68 7.15% $3.245 Monthly Sep 8 Declared +10.5% 0 yr 5.3B Moderate
ARCCAres Capital Corporation Stock $19.70 9.75% $1.92 Quarterly Sep 15 Declared +3.7% 0 yr 14.1B Moderate
HTGCHercules Capital, Inc. Stock $17.72 10.61% $1.88 Quarterly Nov 10 Est. +4.8% 1 yr 3.3B Moderate
OBDCBlue Owl Capital Corporation Stock $11.17 12.89% $1.44 Irregular Sep 30 Declared +0.6% 0 yr 5.5B Elevated
BXSLBlackstone Secured Lending Fund Stock $24.49 12.58% $3.08 Quarterly Sep 30 Declared 0 yr 5.7B Elevated
TSLXSixth Street Specialty Lending, Inc. Stock $18.04 10.20% $1.84 Irregular Sep 15 Declared -0.3% 0 yr 1.7B Elevated
GBDCGolub Capital BDC, Inc. Stock $12.78 11.27% $1.32 Quarterly Sep 14 Declared +4.4% 0 yr 3.3B Elevated
CSWCCapital Southwest Corporation Stock $24.35 10.50% $2.556 Monthly Sep 15 Declared +4.3% 0 yr 1.6B Elevated
TRINTrinity Capital Inc. Stock $18.08 13.16% $2.04 Monthly Sep 10 Declared 0 yr 1.6B Elevated
FSKFS KKR Capital Corp. Stock $12.18 18.88% $1.68 Quarterly Sep 16 Declared -0.8% 0 yr 3.4B Elevated
PSECProspect Capital Corporation Stock $2.19 22.83% $0.50 Monthly Sep 28 Declared -8.5% 0 yr 1.1B Elevated
CGBDCarlyle Secured Lending, Inc. Stock $11.49 13.49% $1.40 Quarterly Sep 30 Declared +1.2% 0 yr 790.6M Elevated
MFICMidCap Financial Investment Corporation Stock $9.24 18.28% $1.24 Quarterly Sep 8 Declared +3.3% 0 yr 761.5M Elevated
NMFCNew Mountain Finance Corporation Stock $7.36 16.44% $1.00 Quarterly Sep 16 Declared +0.2% 0 yr 695.2M Elevated
BBDCBarings BDC, Inc. Stock $8.86 11.74% $1.04 Quarterly Dec 2 Est. +6.2% 0 yr 927.7M Elevated
FDUSFidus Investment Corporation Stock $19.62 11.26% $2.48 Quarterly Sep 15 Declared +9.4% 0 yr 744.7M Elevated
GAINGladstone Investment Corporatio Stock $16.24 5.91% $0.96 Monthly Sep 21 Declared +0.6% 0 yr Low
GLADGladstone Capital Corporation Stock $19.90 9.62% $1.75 Monthly Sep 10 Declared +4.2% 0 yr 449.6M Elevated
PFLTPennantPark Floating Rate Capital Ltd. Stock $7.27 16.18% $1.176 Monthly Sep 15 Declared +0.6% 0 yr 721.3M Elevated
PNNTPennantPark Investment Corporation Stock $3.66 26.23% $0.96 Monthly Sep 15 Declared +14.9% 0 yr 239.0M Elevated
SLRCSLR Investment Corp. Stock $12.46 12.36% $1.24 Quarterly Sep 11 Declared -1.3% 0 yr 679.8M Elevated
CCAPCrescent Capital BDC, Inc. Stock $10.29 16.13% $1.66 Irregular Sep 30 Declared +0.2% 0 yr 379.1M Elevated
OCSLOaktree Specialty Lending Corporation Stock $12.77 12.06% $1.36 Quarterly Sep 15 Declared +2.0% 0 yr 1.1B Elevated
TCPCBlackRock TCP Capital Corp. Stock $4.07 21.62% $0.68 Quarterly Sep 16 Declared -6.0% 0 yr 341.5M Elevated
HRZNHorizon Technology Finance Corporation Stock $4.86 22.84% $1.11 Monthly Sep 16 Declared -1.5% 0 yr 325.8M Elevated
RWAYRunway Growth Finance Corp. Stock $6.57 20.09% $1.32 Quarterly Nov 16 Est. 0 yr 275.3M Elevated
MSDLMorgan Stanley Direct Lending Fund Stock $15.04 12.63% $1.80 Quarterly Sep 30 Declared 0 yr 1.3B Elevated
NCDLNuveen Churchill Direct Lending Corp. Stock $12.27 13.69% $1.52 Quarterly Sep 30 Declared 0 yr 606.0M Elevated
KBDCKayne Anderson BDC, Inc. Stock $13.19 12.13% $1.60 Quarterly Sep 30 Declared 0 yr 871.0M Elevated
ICMBInvestcorp Credit Management BDC, Inc. Stock $0.86 32.56% $0.56 Quarterly Oct 29 Est. -16.5% 1 yr 12.4M Elevated
OXSQOxford Square Capital Corp. Stock $1.33 31.58% $0.42 Monthly Sep 16 Declared +0.0% 0 yr 143.3M Elevated
OFSOFS Capital Corporation Stock $3.93 21.63% $0.68 Quarterly Sep 18 Declared +2.0% 0 yr 52.7M Elevated
GECCGreat Elm Capital Corp. Stock $6.01 21.46% $1.00 Quarterly Sep 15 Declared -1.5% 1 yr 83.5M Elevated
BDCXETRACS Quarterly Pay 1.5X Leveraged Wells Fargo BDC Index ETN ETF $20.48 19.97% $4.688 Quarterly Oct 13 Est. -1.5% 0 yr 7.5M 83/100 steady
SARSaratoga Investment Corp. Stock $17.42 18.66% $3.25 Monthly Oct 2 Est. +13.8% 0 yr 280.1M Elevated
TPVGTriplePoint Venture Growth BDC Corp. Stock $5.22 18.01% $0.92 Quarterly Sep 16 Declared -9.4% 0 yr 212.5M Elevated
WHFWhiteHorse Finance, Inc. Stock $7.04 16.76% $1.18 Irregular Sep 21 Declared -5.2% 0 yr 151.2M Elevated
SCMStellus Capital Investment Corporation Stock $8.40 16.38% $1.376 Monthly Sep 30 Declared +1.8% 0 yr 239.2M Elevated
BCSFBain Capital Specialty Finance, Inc. Stock $11.63 16.25% $1.68 Quarterly Sep 15 Declared +6.8% 0 yr 754.4M Elevated
CIONCION Investment Corporation Stock $7.28 15.93% $1.20 Monthly Sep 11 Declared 1 yr 358.2M Elevated
GSBDGoldman Sachs BDC, Inc. Stock $9.68 15.91% $1.54 Irregular Sep 30 Declared -9.0% 0 yr 1.1B Elevated
PSBDPalmer Square Capital BDC Inc. Stock $10.26 15.69% $1.56 Quarterly Sep 25 Declared 0 yr 314.5M Elevated
BIZDVanEck BDC Income ETF ETF $13.14 11.60% $0.956 Quarterly Sep 30 Est. +2.1% 0 yr 1.7B 86/100 steady
BDCZUBS ETRACS Wells Fargo Business Development Company Index ETN ETF $15.28 11.46% $2.128 Quarterly Oct 13 Est. +3.2% 0 yr 11.8M 84/100 steady
MSIFMSC Income Fund, Inc. Stock $12.56 11.23% $0.44 Quarterly Sep 16 Declared 0 yr 569.5M Moderate
PBDCPutnam BDC Income ETF ETF $27.80 10.99% $2.784 Quarterly Oct 6 Est. 1 yr 317.8M 94/100 steady
PFXPhenixFIN Corporation Stock $44.53 0.16% $0.292 Quarterly Nov 16 Est. 0 yr 86.0M Low

Members come from a curated seed list plus a data rule (tag: bdc, limit: 80). Sorted by trailing yield; click any column to re-sort.

FAQ

How are BDC dividends taxed?

Mostly as ordinary income because they come from interest, although BDC dividends may qualify for the 20% Section 199A deduction. Many investors hold them in IRAs.

What is a supplemental dividend?

A BDC that earns more than its regular dividend can pay out the excess as a supplemental or special dividend. Our history tables flag unusually large payments as specials so they do not distort the yield.

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