Tailwinds for Business Development ETF
June 15, 2018 at 16:23 PM EDT
High-yield, income-generating asset classes are often vulnerable to interest rate tightening by the Federal Reserve, but business development companies (BDCs), as measured by the VanEck Vectors BDC Income ETF (NYSEArca: BIZD), have recently been sturdy. BIZD is up nearly 4% since the start of the...