Market Analysis
BDC Dividend Cuts Accelerate in 2026 as Coverage Ratios Slip Below 1x
TL;DR: The median business development company posted dividend coverage of 0.99x in the first quarter of 2026, and just 0.89x once you strip out payment-in-kind interest, according to a...
Jeff Barnes, MBA··9 min read
Alternative Investments
9fin's BDC Watchlist Flags $5.7 Billion in At-Risk Loans, and the Market Already Priced It In
TL;DR: On July 16, 2026, debt-data platform 9fin launched a BDC Watchlist flagging $5.7 billion of loans across 157 business development companies (BDCs) as at risk of further deterioration, about 1.9% of the $305.2...
Jeff Barnes, MBA··10 min read