Better High-Yield Buy: Hercules Capital or PennantPark?
Hercules Capital(HTGC) The Motley Fool·2024-04-20 10:30Which business development company's stock is better for your portfolio?One type of business that income-focused investors might have come across is the business development company (BDC), which invests in the debt and equity of middle-market companies. However, BDCs can employ very different strategies and not all are created equal.Let's look at two popular BDCs, Hercules Capital (HTGC 1.15%) and PennantPark Investment (PNNT 1.59%), to see which is better for your portfolio. Different approachesHercules Ca ...