Quote Originally Posted by bobblehead View Post
If anyone is into BDCs morgan stanley went public with MSDL. I subscribe to a guy who was a due diligence officer and a forensic accountant so he can actually understand their docs. He places it at a buy under $24 and a dividend that will be over 9%, but extremely likely to pay a special dividend occasionally as well.
I have never felt confident in my understanding of my own personal tax implications and filing requirements from owning a BDC; e.g. dividends designated as qualified, non-qualified, return of capital, etc.; the pass through of earnings/losses to the owners without tax at the business level and so forth. For that reason, I have avoided owning them.

I really should put forth the effort to resolve my hesitancies. On the other hand, there are lots of things to own that I do understand!