Source: VanEck BDC Income ETF, BofA Merrill Lynch US High Yield Effective Yield
The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 11.5% as of 28 April, down from four-year peak of 12.8% on 8 April) that tracks the overall performance of publicly traded business development companies (BDCs, are lenders to privately held middle-market businesses that tend to be below investment grade or not rated, with most lending comprising of senior secured loans).
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