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Concentrated Effort
July 22, 2026
The upper middle market tends to have clear favorite. Source: KBRA DLD Research
Middle market debt held by BDCs vs High yield vs Treasury yields
July 22, 2026
The blue line represents the current dividend yield of the VanEck BDC Income ETF (BIZD), which stood at 12%. The…

Business of Private Credit: Sectors and SIC Codes
We’ve spent the last few weeks covering the businesses of the core middle market. Does that same discipline hold when you move up market?