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BDC Buzz
BDC Expense & Return Ratios

BDC Expense & Return Ratios

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BDC Buzz
Mar 18, 2021
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BDC Buzz
BDC Expense & Return Ratios
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Summary

  • Each quarter, I assess changes to BDC expense and return ratios. BDCs with lower expenses can pay higher amounts to shareholders without investing in riskier assets.

  • Please see below for various comparative tables along with some commentary.

  • BDCs with lower return ratios due to higher operating costs and/or credit issues drive lower price multiples…

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