While talk of inflation, rising interest rates, impending recession, and bank failures have dominated headlines in the first half of 2023, long-term investors with a focus on income along with potential capital appreciation are focusing on opportunities in the BDC (business development company) sector. There have been numerous recent articles explaining why BDCs are good investments right now. For example, BDCs that invest in senior secured loans have the best seat in the house during a recession, and are better positioned than banks in many cases.