I finally agree with Ben Bernanke, the former Fed chairman, on something. He and I agree that its a big mistake to replace Alexander Hamilton, the father of the nations financial system, on the $10 bill with an unnamed woman.
A business development company (BDC) is one that helps relatively small companies to grow and to develop, primarily by providing loans and capital investments. Investors can buy shares in public BDCs to gain exposure to the small private companies they finance, as well as the BDCs themselves. Todays featured fund, BDC Income ETF (BIZD), pools together a collection of BDCs and offers a high dividend yield.