This page lists baby bonds and preferred stocks issued by Business Development Companies (BDCs), including current yield, coupon, parent BDC, price, and premium or discount to par value.
BDC baby bonds are exchange-traded debt securities, often issued in par amounts. They are different from common BDC shares because they sit higher in the capital structure, but they still carry issuer credit risk, interest-rate risk, call risk, and liquidity risk.
| BDC Baby Bonds — Highest Yield | ||||
|
| BDC Baby Bonds — Price vs. Par | ||||
|
Current yield does not account for call risk, maturity, changes in interest rates, or the credit quality of the issuing BDC. A security trading above par may produce a lower return if it is called.
| More BDC Information |
BDC Research Tools |
BDC baby bonds are debt securities. Preferred stocks are equity securities with a higher claim than common stock but a lower claim than debt. Because this page includes both, investors should check the security type before comparing yields directly.
