Profit from this Former BDC Returning to BDC Status
November 04, 2013 at 17:38 PM EST
Business development companies (BDCs) are unique creations of Congress, much like real estate investment trusts (REITs). Both BDCs and REITs are required by law to pay out a high portion of income as dividends to shareholders, in order to receive preferential tax treatment. As a result, both BDCs and REITs are