2. LEAGUE SELECTION. Game choice is really critical, particularly for novices. If you're a beginner, you in all likelihood don't want to join an advanced stakes fantasy NASCAR league comprised of fantasy NASCAR experts.
A BDC is a type of closed-end fund that makes investments in developing companies and firms that are financially distressed. The U.S. Congress created BDCs in 1980 to assist emerging U.S. businesses in raising funds and fuel job growth.
The entire market capitalization for the BDC sector is only $30 billion Further, BDCs are often externally managed, with the manager receiving a combination of base management fee, which is anywhere from 1% to 2% of assets, and an incentive fee, which is usually 20% of net investment income plus net gains.