Fearful About BDCs? Be Greedy

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Skip to contentHome page Seeking Alpha - Power to InvestorsOct. 19, 2025 9:15 AM ETBIZD, GLAD, TRIN, FDUS, KBDC, MSDL2 CommentsRoberts Berzins, CFA11.6K FollowersSummaryMany investors have become fearful of BDCs.The sector wide 22% discount to NAV is proof of that.Yet, very recently I have been adding more to my positions.In the article, I detail why and how investors should follow Warren Buffett's advice of being greedy when others are fearful.J Studios/DigitalVision via Getty ImagesThe overall bear case for BDCs (BIZD) and private credit in general has gained just as significant traction as the recent bull case that was so prevalent among different investors several quarters ago.StartingThis article was written byRoberts Berzins, CFA11.6K FollowersRoberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Baltic capital markets. Other policy-level work includes the development of national SOE financing guidelines and framework for channeling private capital into affordable housing stock. Roberts is a CFA Charterholder, ESG investing certificate holder, has had an internship in Chicago board of trade (albeit, being resident and living in Latvia), and is actively involved in "thought-leadership" activities to support the development of pan-Baltic capital markets.Analyst’s Disclosure:I/we have a beneficial long position in the shares of FDUS, TRIN, KBDC, MSDL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments(2)Recommended For YouRelated StocksSymbolLast Price% ChgBIZD--VanEck BDC Income ETFGLAD--Gladstone CapitalTRIN--Trinity Capital Inc.FDUS--Fidus InvestmentKBDC--Kayne Anderson BDC, Inc.Related AnalysisTrending AnalysisTrending NewsSeeking Alpha - Power to InvestorsPower to InvestorsFollow usDownload appContact usSubscription Support: 1-347-509-6837© 2025 Seeking AlphaTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.