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Independent Research on Publicly Traded Business Development Companies

Compare dividend yields, NAV discounts, portfolio quality, leverage, and historical performance across every publicly traded BDC.

34
Public BDCs Covered
14.8%
Average Forward Dividend Yield*
$52B+
Combined Market Capitalization*
7
Monthly Dividend Payers
*Updated July 2026. Data compiled from publicly available SEC filings and issuer disclosures.

Trending BDC Matchups

Investors are comparing these head-to-head BDC matchups right now. Click any card below for a full side-by-side dividend and valuation analysis.

ARCC vs OBDC

9.6%
vs
12.5%
Dividend Yield
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ARCC vs BXSL

9.6%
vs
12.7%
Dividend Yield
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ARCC vs MAIN

9.6%
vs
7.4%
Dividend Yield
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ARCC vs GBDC

9.6%
vs
11%
Dividend Yield
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ARCC vs FSK

9.6%
vs
18.9%
Dividend Yield
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ARCC vs HTGC

9.6%
vs
11%
Dividend Yield
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Dividend Comparison

Preview the top BDC yields. View full table for complete comparison.

TickerNameDividend YieldAnnual/ShareFrequency1Y Return
OXSQOxford Square Capital Corp.29%$0.43Quarterly-4.5%
PNNTPennantPark Investment Corporation25.9%$0.48Quarterly-1.2%
HRZNHorizon Technology Finance Corporation23.8%$0.71Monthly2.8%
GECCGreat Elm Capital Corp.23%$1.03Quarterly3.8%
PSECProspect Capital Corporation22.3%$0.7Monthly8.2%

BDC Rankings

Compare BDCs across key metrics to find the right investment for your portfolio.

Highest Dividend Yield

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Largest BDCs

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Monthly Dividend BDCs

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Lowest Expense Ratio

BDCs ranked by expense ratio, from lowest to highest.

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Highest NAV Growth

BDCs ranked by premium to NAV, indicating portfolio value growth.

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Lowest Leverage

BDCs ranked by leverage ratio, from most conservative to most leveraged.

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Learn About BDCs

New to Business Development Companies? Start here.

What Is a BDC?

Learn the basics of Business Development Companies, their structure, and how they generate income for investors.

Read Guide

BDC vs REIT

Compare BDCs and REITs as income investments. Understand the key differences in structure, taxation, and risk.

Read Comparison

How BDC Dividends Work

Understand BDC dividend mechanics, tax treatment, and what drives distribution growth.

Read Guide

BDC Taxation

Learn how BDC dividends are taxed and how to optimize your after-tax returns.

Read Guide