1. The Morgan Stanley Direct Lending Fund offers a 10% dividend yield with strong brand backing and growth potential. 2. The fund's low-risk portfolio, with 96% in senior secured debt, and diversified borrower base reduce overall investment risk. 3. Despite interest rate declines, the fund's portfolio growth and low leverage levels have maintained stable net investment income per share.
Recent #Business Development Companies news in the semiconductor industry
1. Blackstone Secured Lending stands out due to its strong portfolio strategy, low non-accrual rate, and consistent dividend coverage. 2. The BDC prioritizes first lien debt investments, ensuring high repayment priority and diverse industry exposure. 3. BXSL's financials are robust with increasing net investment income and liquidity level. 4. Future interest rate cuts may enhance BXSL's growth potential by making debt financing more affordable for borrowers, improving portfolio quality and expansion opportunities.
1. VanEck BDC Income ETF offers exposure to high-yielding business development companies with a dividend yield of 10.7%. 2. BIZD provides diversification and avoids company-specific risks for passive income investors. 3. Ares Capital is the largest holding in the ETF, contributing to its quality tilt and stable dividend.