About

About Us

BDC Investment Advisors, LLC (BDCIA) is a Registered Investment Advisor based in California, specializing exclusively in publicly traded Business Development Companies. Founded in 2008, we bring nearly two decades of dedicated focus to the BDC sector.

We manage investment portfolios for individuals, businesses, and pooled investment vehicles. Our singular focus on BDCs allows us to develop the kind of deep, sector-specific knowledge that generalist advisors simply cannot match.

What We Do

Business Development Companies (BDCs) provide capital to small and mid-sized American businesses through loans and equity investments. As a publicly traded asset class, BDCs offer investors access to private credit markets with the transparency and liquidity of exchange-listed securities.

BDC Investment Advisors was founded to bring specialized, full-time focus to this sector. We manage portfolios — for our own account and for clients — invested solely in publicly traded BDCs listed on the NYSE and NASDAQ.

Why We Focus on BDCs

  • Income generation: BDCs are required to distribute at least 90% of taxable income, offering attractive dividend yields
  • Portfolio diversification: Exposure to private credit markets through publicly traded vehicles
  • Transparency: Public reporting requirements provide visibility into portfolio holdings and performance
  • Sector expertise matters: The BDC universe is small enough to know deeply, but complex enough to reward disciplined analysis

Our Approach

We believe that the relatively small and specialized BDC market rewards investors who commit to understanding it deeply. Our approach is grounded in:

  • Singular focus: We invest only in publicly traded BDCs — no distractions, no style drift
  • Fundamental analysis: We evaluate each BDC’s credit portfolio, management team, fee structure, and dividend sustainability
  • Long-term perspective: We build portfolios designed to generate consistent income and capital appreciation over time
  • Transparency: Clients have full visibility into their holdings and our investment rationale

The End

For recent news and updates, visit our blog page.