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Sixth Street Specialty Lending (TSLX)

BDCs: High Yield, High Risk, Or Both?

2021-04-21

Research Articles

Introduction Statistically BDCs often look very attractive. Dividend yields often average 7% or better, earnings yields are also high because valuations appear low. But with BDCs statistics are not always what they appear to be on the surface. In theory, BDCs should perform very well when interest rates are declining as they have been for […]

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