
Cross-Asset Snapshot Paid Members Public

Part 2: BDCs Paid Members Public
Summary 1. Business Development Companies (“BDCs”) offer high dividend yields as they make floating rate, high yielding loans to small and mid-sized businesses. However, dividend yield is a flawed valuation measure when looking at the sector. Net Investment Income Yield as well as factors that impact book value are more

Cross-Asset Snapshot Paid Members Public

Cross-Asset Snapshot Paid Members Public

Cross-Asset Snapshot Paid Members Public

Part 1: Midstream Energy Paid Members Public
Summary 1. Comparing equity yields in midstream energy with fixed income can be challenging given its added risk and growth components. Metrics such as dividend yield and free cash flow yield do not provide a full picture and we walk through two approaches for analyzing yield. 2. The midstream sector

Cross-Asset Snapshot Paid Members Public
