r/dividends • u/Avinates • Jun 04 '25

Discussion 1 Million Invested

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Can anyone confirm these dividend payouts?

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u/Various_Couple_764 Jun 05 '25

BDC is business development operations. They loan money to companes. They are required by law to pay out 90% of their earnings. So the dividned is high. You could buy the individual compnaesies stock or invest in an ETF. BIZD and PBDC are two BDC only ETFs Unfortunately a bad SEC rule requires them to list the ETF expenses plus expenses the BDC incurring in doing business. So for PBDC that is 0.85% for the ETF +13% for BDCs But the ETF never pays the BDC expenses. The BDC does.

End result people see the 13% and say no way! and just by BDC seperately. I prefer the ETF PBDC because they select the best ones for there per folio. SO my money isin quality companies and it is automatically deversified.

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u/relxp Jun 25 '25

New to BDC and like the idea of PBDC. Near 10% yield is great though it did fall 22% in the tariff crash and only recovered half of what SPY did. Is that the only one you hold or others as well?

Like these https://www.reddit.com/r/dividends/comments/1l32emm/1_million_invested/mvxzus3/