Why I Don't Invest In BDC ETFs, But Only Cherry-Pick My Own

Summary

• The BDC universe is small and complex.
• The fact that there are only two relatively small pure-play BDC indices speaks volumes about how niche BDCs are as an asset class.
• Given the complexity and that very likely most investors are not experts in this space, it would make sense to explore BDC ETF routes.
• However, in the article I share some hidden risks (limitation) that might come with BDC ETFs - BIZD and PBDC.
• I also share how I'm approaching BDC investments.