Hungry for Yield?
In a world where $17 trillion of global bonds are selling at negative interest rates and the 30-Year Treasury Note is yielding close to 2%, investors are searching for yield. The two areas that look attractive today are Business Development Companies (BDCs) and Mid-stream Master Limited Partnerships (MLPs). On the income alone, investors will double their money in less than 7.5 years. Not only are they good investments for yield, but also total return.