Screeners
Private credit (BDC) screener
Business development companies: listed vehicles that lend to private middle-market companies and are required to distribute nearly all of their taxable income. Screen them by yield, size, payment record and the payout ratio, with its limitations stated.
How to read this: narrow the universe first (structure, sector, size) and only then sort. Sorting on yield alone puts whatever the market has most recently marked down at the top, which is a fact about price rather than about income. Every column here measures the past or the present; none of them is a forecast.
Unfiltered, this screen covers all 35 eligible securities in its universe, sorted by yield, annualised (highest first). This is a research screen, not a recommendation and not a ranking of quality. A filter describes what a security is; the sort order is a filter too, not an opinion. A security at the top of a yield sort is the one paying the most relative to its price today, which is as often a market judgement about risk as it is an opportunity.
The database holds 39 securities in this screener's universe, of which 35 are eligible for the screen. Of the rest, 3 are not currently live: a security whose quote has gone stale is marked historical, because a data vendor keeps quoting the last trade that ever happened for something redeemed, matured, delisted or acquired, and annualising a payment against that price invents a yield; 1 have no payment history from which to compute an annualised yield.
The two sentences above matter more than any row below them: the first says how many securities matched and in what order they are listed (whichever sort is selected, so the top row is the extreme of that one measure and nothing else) and the second says what was held back and why. In this view the table shows fewer columns: a second yield on a different basis, a ratio, a size are hidden, and the columns that remain carry a line of plain English under the header. Switch to Expert in the bottom-right rail to see all of them. Every figure is a stored observation rather than a live quote, and every one describes the past or the present; none of them is a forecast.
| Save★ | Ticker | Name | Price (last stored) | Market cap | Yield (annualised, basis per row)The payment for a year divided by the latest stored price. The Yield basis column says how that yearly payment was established. | Yield basisWhere the yearly payment came from: a fixed contractual coupon, an estimate from the latest regular payment, or the cash actually paid over 12 months. | Yield (trailing 12m, cash paid) | Payout (GAAP EPS) | Pays | Rising yrs (our history)Consecutive years the payment rose, counted only within the payment history stored here, not the company's own record. | Years paying (our history) | Next ex-date |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| OXSQ | Oxford Square Capital Corp. | $1.32 | $138.68M | 31.82% | Forward estimate | 31.82% | not available | Monthly | 0 | 22 | Oct 16, 2026 | |
| PSEC | Prospect Capital Corporation | $1.72 | $861.73M | 24.42% | Forward estimate | 28.49% | 218.37% | Monthly | 0 | 22 | Oct 28, 2026 | |
| RWAY | Runway Growth Finance Corp. | $6.39 | $271.56M | 20.64% | Trailing 12 months | 20.64% | not available | not available | 0 | 5 | not available | |
| SAR | Saratoga Investment Corp. | $15.03 | $245.15M | 19.96% | Forward estimate | 21.62% | 277.41% | Monthly | 0 | 19 | Nov 05, 2026 | |
| TPVG | TriplePoint Venture Growth BDC Corp. | $4.70 | $190.82M | 19.57% | Forward estimate | 21.28% | 93.00% | Quarterly | 0 | 12 | Dec 16, 2026 | |
| CION | CION Investment Corporation | $6.94 | $345.54M | 17.29% | Forward estimate | 18.16% | not available | Monthly | 0 | 5 | Oct 16, 2026 | |
| TCPC | BlackRock TCP Capital Corp. | $4.01 | $336.45M | 16.96% | Forward estimate | 18.95% | not available | Quarterly | 0 | 14 | not available | |
| OFS | OFS Capital Corporation | $4.11 | $55.07M | 16.55% | Forward estimate | 16.55% | not available | Quarterly | 0 | 13 | not available | |
| FSK | FS KKR Capital Corp. | $10.84 | $3.04B | 16.24% | Forward estimate | 18.82% | not available | Quarterly | 0 | 12 | not available | |
| HRZN | Horizon Technology Finance Corporation | $4.58 | $229.63M | 15.70% | Forward estimate | 23.77% | 255.38% | Monthly | 0 | 16 | Oct 16, 2026 | |
| PNNT | PennantPark Investment Corporation | $3.18 | $207.64M | 15.09% | Forward estimate | 30.19% | not available | Monthly | 0 | 19 | not available | |
| PSBD | Palmer Square Capital BDC Inc. | $9.62 | $299.38M | 14.97% | Forward estimate | 16.11% | 246.75% | Quarterly | 0 | 2 | not available | |
| PFLT | PennantPark Floating Rate Capital Ltd. | $6.68 | $662.78M | 14.96% | Forward estimate | 17.26% | 196.05% | Monthly | 0 | 15 | not available | |
| WHF | WhiteHorse Finance, Inc. | $7.02 | $150.77M | 14.89% | Trailing 12 months | 14.89% | 171.33% | not available | 0 | 14 | not available | |
| NMFC | New Mountain Finance Corporation | $6.73 | $635.66M | 14.86% | Forward estimate | 16.94% | not available | Quarterly | 0 | 15 | not available | |
| MFIC | MidCap Financial Investment Corporation | $8.47 | $697.70M | 14.64% | Forward estimate | 15.47% | not available | Quarterly | 0 | 22 | not available | |
| NCDL | Nuveen Churchill Direct Lending Corp. | $10.81 | $533.87M | 14.06% | Forward estimate | 14.89% | 184.60% | Quarterly | 0 | 2 | not available | |
| SCM | Stellus Capital Investment Corporation | $7.16 | $207.26M | 13.96% | Forward estimate | 18.57% | 147.05% | Monthly | 0 | 14 | not available | |
| MSDL | Morgan Stanley Direct Lending Fund | $13.38 | $1.13B | 13.45% | Forward estimate | 13.83% | 281.92% | Quarterly | 0 | 3 | not available | |
| CGBD | Carlyle Secured Lending, Inc. | $10.42 | $724.16M | 13.44% | Forward estimate | 14.40% | 212.72% | Quarterly | 2 | 9 | not available | |
| CSWC | Capital Southwest Corporation | $23.54 | $1.46B | 12.92% | Forward estimate | 10.88% | 136.85% | Monthly | 0 | 41 | Oct 15, 2026 | |
| BXSL | Blackstone Secured Lending Fund | $23.86 | $5.55B | 12.91% | Forward estimate | 12.91% | 232.83% | Quarterly | 0 | 5 | not available | |
| KBDC | Kayne Anderson BDC, Inc. | $12.45 | $826.06M | 12.85% | Forward estimate | 12.85% | 147.61% | Quarterly | 0 | 2 | not available | |
| OBDC | Blue Owl Capital Corporation | $10.11 | $5.02B | 12.27% | Forward estimate | 13.65% | 262.27% | Quarterly | 0 | 7 | not available | |
| BBDC | Barings BDC, Inc. | $8.52 | $892.10M | 12.21% | Forward estimate | 12.21% | 131.31% | Quarterly | 1 | 19 | not available | |
| TRIN | Trinity Capital Inc. | $17.10 | $1.54B | 11.93% | Forward estimate | 11.93% | 120.48% | Monthly | 0 | 6 | Oct 15, 2026 | |
| HTGC | Hercules Capital, Inc. | $16.51 | $3.09B | 11.39% | Forward estimate | 11.81% | 87.93% | Quarterly | 0 | 21 | not available | |
| OCSL | Oaktree Specialty Lending Corporation | $11.60 | $1.02B | 11.38% | Forward estimate | 12.67% | 272.91% | Quarterly | 0 | 18 | not available | |
| GBDC | Golub Capital BDC, Inc. | $12.10 | $3.15B | 10.91% | Forward estimate | 11.40% | 214.63% | Quarterly | 0 | 16 | not available | |
| SLRC | SLR Investment Corp. | $11.37 | $620.29M | 10.91% | Forward estimate | 12.66% | 113.90% | Quarterly | 0 | 16 | not available | |
| TSLX | Sixth Street Specialty Lending, Inc. | $17.35 | $1.65B | 10.37% | Trailing 12 months | 10.37% | 177.03% | not available | 0 | 12 | not available | |
| ARCC | Ares Capital Corporation | $18.56 | $13.33B | 10.34% | Forward estimate | 10.34% | 138.44% | Quarterly | 0 | 22 | not available | |
| GLAD | Gladstone Capital Corporation | $18.81 | $424.98M | 9.57% | Forward estimate | 10.53% | 87.33% | Monthly | 0 | 20 | not available | |
| MAIN | Main Street Capital Corporation | $53.74 | $5.00B | 8.06% | Trailing 12 months | 8.06% | 77.33% | not available | 0 | 18 | Nov 06, 2026 | |
| GAIN | Gladstone Investment Corp. | $15.25 | $607.29M | 6.30% | Forward estimate | 6.30% | 40.26% | Monthly | 0 | 19 | not available |
The data feed does not separate supplemental, special or return-of-capital payments from regular ones, so any yield far above its group is checked against the issuer's own notices. Checked 9 Oct 2026.
- Oxford Square Capital Corp. (OXSQ), 31.82%. Declared $0.035 a month (Oxford Square Capital Form 8-K filings for the first and second quarters of 2026). The yield is high because of the price: $1.32, against a 52-week range of $1.05 to $2.05.
- Prospect Capital Corporation (PSEC), 24.42%. Declared $0.035 a month (Prospect Capital distribution declarations for May to October 2026). The yield is high because of the price: $1.72, against a 52-week range of $1.72 to $3.13.
- TriplePoint Venture Growth BDC Corp. (TPVG), 19.57%. This yield counts only the $0.23 regular distribution. The most recent payment also includes $0.06 the company declared as a supplemental distribution (TriplePoint Venture Growth BDC second-quarter 2026 results, Form 8-K); counting every payment, the last twelve months paid 21.28% of today's price.
- Horizon Technology Finance Corporation (HRZN), 15.70%. This yield counts only the $0.06 regular distribution. The most recent payment also includes $0.03 the company declared as a special distribution (Horizon Technology Finance distribution announcements of 5 May and 4 August 2026); counting every payment, the last twelve months paid 23.77% of today's price.
- PennantPark Investment Corporation (PNNT), 15.09%. This yield counts only the $0.04 base distribution. The most recent payment also includes $0.04 the company declared as a supplemental distribution (PennantPark Investment monthly distribution announcements, June to September 2026); counting every payment, the last twelve months paid 30.19% of today's price.
Data as of Oct 09, 2026.
Prices last refreshed Oct 09, 2026; the yields, cadences and streaks derived from them Oct 09, 2026. No figure in this table is a live quote.
What this screener is for
This screen exists to put the listed private-credit vehicles side by side on what is knowable from public market data: what each one distributes relative to its price, how large it is, how often it pays, and how long a payment record it has. A BDC is a listed company that lends to private middle-market businesses and must distribute at least 90% of its taxable income to keep its tax treatment, which is why the yields in this universe start where most equity yields end. See business development companies, private credit funds.
The high yield is compensation for something specific: the loans are to companies too small or too leveraged to issue public bonds, most are floating rate, and many BDCs borrow to lend. The payment record column is here because in this universe the useful question is not who yields most today, but who was still paying through the last credit cycle.
What it cannot tell you
- The payout ratio column is against GAAP earnings per share, and for a BDC that is the wrong denominator. The industry measure is net investment income, and coverage swings with unrealised marks on the loan book that never touch cash. A BDC showing 130% here may be covering its base distribution comfortably out of net investment income, and one showing 70% may not be. This database does not hold net investment income. See payout ratio, distribution coverage.
- It holds no net asset value, so it cannot show whether a BDC trades above or below the book value of its loans, one of the two figures the sector is actually argued about.
- It holds nothing about the loan book: non-accruals, sector concentration, first-lien share, payment-in-kind income, or the leverage the BDC itself runs. Those are in the quarterly filing.
- Supplemental and variable distributions are excluded from the annualised figure by design, so a BDC that has been paying large supplementals will show a lower yield here than its recent cash suggests. The trailing twelve-month column includes them, which is why the two columns can differ widely.
- Rising years are counted only inside the payment history stored here, which begins wherever the data provider's does. It is not a company record.
These definitions cover every column this screen can show, including the specialist ones hidden from the table above. Read the yield entry first. Which payment went into the figure, and over what period, is what the number actually means, and two yields computed on different bases are not comparable with each other, even though both are printed as a percentage.
What each column means
- Yield (annualised, basis per row)
- The annual distribution over the latest stored price. Forward where the payment cadence is established, trailing twelve months where it is not, with supplementals stripped out of the annualisation.
- Payout (GAAP EPS)
- Distribution as a percentage of GAAP earnings per share. Blank where no ratio is stored. Read the limitation above before using it. See payout ratio.
- Rising yrs (our history)
- Consecutive completed calendar years in which the largest regular payment exceeded the previous year's, counted across stored history only. A trailing '+' marks a run that reaches the first year we hold, making the figure a floor rather than a total.
- Years paying (our history)
- Completed calendar years with at least one payment in the stored history.
Where these numbers come from
Nothing on this page is a live quote. Prices are the most recent stored observation from the daily quote job, and every yield is computed against that stored price. Securities that have stopped trading (redeemed, matured, delisted or acquired) keep their history in the database but are excluded from every screen, because a vendor keeps quoting the last trade that ever happened and annualising against it invents a yield.
Securities whose last twelve months are dominated by a one-off payment, or that have too few payments on record to establish a rate, are marked 'irregular' by the compute job and are excluded from every screen here. The figure they would produce describes a single event rather than an income stream.
Curated lists from this screener
Monthly-paying BDCs
BDCs whose stored payment dates fall roughly a month apart.
Read →Longest distribution records
BDCs with ten or more completed calendar years of payments in the history stored here, longest first.
Read →