BDC ETF as a Rebound Play
March 07, 2016 at 07:00 AM EST
Business development companies (BDCs) were punished last year on fears of higher interest rates, leaving many trading below their net asset values while sending the Market Vectors BDC Income ETF (NYSEArca: BIZD) to a 12-month loss of 9.1%. However, BIZD has climbed by roughly the same amount in...