BDC share prices down 9.7% YTD amid market volatility

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The recent inflationary environment has led to volatility in the financial markets and left investors trying to determine the impact of rising input and labor costs on companies. Against this backdrop, the equity markets have moved sharply lower, with the S&P 500 down 16.8% year-to-date through May 24.
 
Public BDCs have also posted declines recently, with the Cliffwater BDC index down 6.9% month-to-date and 9.7% year-to-date.