Healthcare companies made up 36% of all Chapter 11 filings in 1Q24 Source: Debtwire Restructuring Database A guide to distress in healthcare Overall, during the first quarter of 2024, there were 35 Chapter 11 applications for total debt of USD 15.4bn, of which 12 were healthcare companies, or 36% of all Chapter 11 filings, per Debtwire’s Restructuring Database….

Source: VanEck BDC Income ETF, BofA Merrill Lynch US High Yield Effective Yield The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 10.4% as of 28 March, down from the highest level in last 12 months of 12.1% in May 2023) that tracks the overall performance…

Healthcare is generating significant numbers of restructuring cases A guide to distress in healthcare The US healthcare sector has been beset by malaise in recent months, with the number of restructuring cases lurching to 49 in 2023 from 23 the previous year. Prospects show little sign of improving in 2024, with a dozen Chapter 11 cases…

Source: VanEck BDC Income ETF, BofA Merrill Lynch US High Yield Effective Yield The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 10.7% as of 15 March, down from the highest level in last 12 months of 12.1% in May 2023) that tracks the overall performance…

Source: VanEck BDC Income ETF, BofA Merrill Lynch US High Yield Effective Yield The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 10.8% as of 1 March, down from the highest level in last 12 months of 12.1% in May 2023) that tracks the overall performance…

Source: VanEck BDC Income ETF, BofA Merrill Lynch US High Yield Effective Yield The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 10.8% as of 15 February, down from the highest level in last 12 months of 12.1% in May 2023) that tracks the overall performance…

Source: VanEck BDC Income ETF, BofA Merrill Lynch US High Yield Effective Yield The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 10.9% as of 2 February, down from the highest level in last 12 months of 12.1% in May 2023) that tracks the overall performance…

Source: VanEck BDC Income ETF, BofA Merrill Lynch US High Yield Effective Yield The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 10.7% as of 22 January, down from the highest level in last 12 months of 12.1% in May 2023) that tracks the overall performance…

Source: VanEck BDC Income ETF, BofA Merrill Lynch US High Yield Effective Yield The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 10.7% as of 8 January, down from the highest level in last 12 months of 12.1% in May 2023) that tracks the overall…

Source: VanEck BDC Income ETF, BofA Merrill Lynch US High Yield Effective Yield The blue line in the chart is the current dividend yield of the *VanEck BDC Income ETF (currently at 10.7% as of 11 December, down from the highest YTD level of 12.1% in May) that tracks the overall performance of publicly traded business…