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01 July 2026

Reuters: In a warning sign, analysis shows publicly traded credit funds are unprofitable

  • Reuters/S&P analysis shows 28 of 53 BDCs were loss-making in first quarter
  • Profits swung to losses from end-2025 to first-quarter 2026
  • Growing private credit industry also takes on more leverage
The majority of publicly traded business development companies (BDCs) — the...
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