{"id":377215,"date":"2026-04-06T10:02:20","date_gmt":"2026-04-06T10:02:20","guid":{"rendered":"https:\/\/www.wacoca.com\/life\/377215\/"},"modified":"2026-04-06T10:02:20","modified_gmt":"2026-04-06T10:02:20","slug":"%e3%82%a2%e3%83%b3%e3%82%b0%e3%83%ab%ef%bc%9a%e3%83%97%e3%83%a9%e3%82%a4%e3%83%99%e3%83%bc%e3%83%88%e3%82%af%e3%83%ac%e3%82%b8%e3%83%83%e3%83%88%e5%88%86%e9%87%8e%e3%80%81%e3%81%be%e3%81%a0%e8%a6%8b","status":"publish","type":"post","link":"https:\/\/www.wacoca.com\/life\/377215\/","title":{"rendered":"\u30a2\u30f3\u30b0\u30eb\uff1a\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30af\u30ec\u30b8\u30c3\u30c8\u5206\u91ce\u3001\u307e\u3060\u898b\u306c\u6df7\u4e71\u306e\u4e88\u5146 | \u30ed\u30a4\u30bf\u30fc"},"content":{"rendered":"<div data-testid=\"primary-image\" role=\"figure\" aria-describedby=\"primary-image-caption\" dir=\"ltr\">\n<div data-testid=\"EagerImageContainer\" class=\"primary-image-module__image__D-Gwq\">\n<div class=\"styles-module__image-container__E0mCm 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data-testid=\"paragraph-3\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF\">\u30d6\u30eb\u30fc\u30fb\u30a2\u30a6\u30eb\u30fb\u30ad\u30e3\u30d4\u30bf\u30eb<a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/jp.reuters.com\/markets\/companies\/OWL.N\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(OWL.N), opens new tab<\/a>\u306f\u904e\u53bb\u6700\u9ad8\u6c34\u6e96\u306e\u89e3\u7d04\u8acb\u6c42\u3092\u53d7\u3051\u305f\u3053\u3068\u3092\u5831\u544a\u3057\u3001\u898f\u5247\u306b\u57fa\u3065\u3044\u3066\u5f15\u304d\u51fa\u3057\u984d\u3092\u5236\u9650\u3057\u305f\u3002\u540c\u696d\u4ed6\u793e\u306e\u30a2\u30ec\u30b9\u30fb\u30de\u30cd\u30b8\u30e1\u30f3\u30c8<a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/jp.reuters.com\/markets\/companies\/ARES.N\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(ARES.N), opens new tab<\/a>\u3084\u30a2\u30dd\u30ed\u30fb\u30b0\u30ed\u30fc\u30d0\u30eb\u30fb\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u3001\u30d6\u30e9\u30c3\u30af\u30b9\u30c8\u30fc\u30f3<a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/jp.reuters.com\/markets\/companies\/BX.N\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(BX.N), opens new tab<\/a>\u3001\uff2b\uff2b\uff32<a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/jp.reuters.com\/markets\/companies\/KKR.N\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(KKR.N), opens new 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\u30b5\u30fc\u30d3\u30b9\u4f01\u696d\u306e\u200b\u682a\u4fa1\u3082\u3001\u4eca\u5e74\u306b\u5165\u3063\u3066\u304b\u3089\u7d04\uff12\u5272\u4e0b\u3052\u305f\u3002<\/p>\n<div data-testid=\"ReutersGraphicImageGraphicContainer\" class=\"reuters-graphic-module__image-container__tSurO article-body-module__image-container__Y1fSv\">\n<div data-testid=\"Image\"><img decoding=\"async\" src=\"https:\/\/www.wacoca.com\/life\/wp-content\/uploads\/2026\/04\/1775469738_360_chart.png\" alt=\"Shows BDCs trading below their NAVs\"\/><\/div>\n<\/div>\n<p>Shows BDCs trading below their NAVs<\/p>\n<div data-testid=\"paragraph-11\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__full_width__kCIGb body-module__small_body__gOmDf article-body-module__paragraph__Ts-yF\">\u30ed\u30f3\u30c9\u30f3\u306e\u30de\u30fc\u30eb\u30dc\u30ed\u306e\u682a\u5f0f\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u30de\u30cd\u30fc\u30b8\u30e3\u30fc\u3001\u30ed\u30ea\u30fc\u30fb\u30c0\u30a6\u30a4\u30fc\u6c0f\u306f\u3001\u540c\u793e\u304c\uff22\uff24\uff23\u3078\u306e\u30a8\u30af\u30b9\u30dd\u30fc\u30b8\u30e3\u30fc\u3092\u6e1b\u3089\u3057\u3001\u4fdd\u6709\u3057\u3066\u3044\u305f\u30b9\u30a4\u30b9\uff30\uff25\u4f01\u696d\u30d1\u30fc\u30c8\u30ca\u30fc\u30ba\u30fb\u30b0\u30eb\u30fc\u30d7<a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/jp.reuters.com\/markets\/companies\/PGHN.S\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(PGHN.S), opens new tab<\/a>\u682a\u3082\u58f2\u5374\u3057\u305f\u3053\u3068\u3092\u660e\u3089\u304b\u306b\u3057\u305f\u3002\u30d1\u30fc\u200c\u30c8\u30ca\u30fc\u30ba\u306e\u30b7\u30e5\u30c6\u2060\u30d5\u30a7\u30f3\u30fb\u30de\u30a4\u30b9\u30bf\u30fc\u4f1a\u9577\u306f\uff13\u6708\u3001\uff21\uff29\u306b\u3088\u308b\u7d4c\u6e08\u306e\u6df7\u4e71\u306b\u3088\u308a\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30af\u30ec\u30b8\u30c3\u30c8\u306e\u30c7\u30d5\u30a9\u30eb\u30c8\uff08\u50b5\u52d9\u4e0d\u5c65\u884c\uff09\u7387\u304c\u4eca\u5f8c\u6570\u5e74\u9593\u3067\u500d\u5897\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u3068\u306e\u898b\u65b9\u3092\u793a\u3057\u305f\u3002<\/div>\n<p>\u30aa\u30c3\u30af\u30b9\u30d5\u30a9\u30fc\u30c9\u30fb\u30a8\u30b3\u30ce\u30df\u30af\u30b9\u306e\u30b0\u30ed\u30fc\u30d0\u30eb\u30de\u30af\u30ed\u6226\u7565\u30c7\u30a3\u30ec\u30af\u30bf\u30fc\u3001\u30cf\u30d3\u30a8\u30eb\u30fb\u30b3\u30ed\u30df\u30ca\u30b9\u6c0f\u306f\u6295\u8cc7\u5bb6\u5411\u3051\u306e\u30e1\u30e2\u3067\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30af\u30ec\u30b8\u30c3\u30c8\u5e02\u5834\u306f\u65e2\u306b\u9023\u9396\u7684\u306a\u5371\u6a5f\u306e\u521d\u671f\u6bb5\u968e\u306b\u3042\u308b\u3068\u3057\u3001\u305d\u306e\u6839\u62e0\u3068\u3057\u3066\u3053\u308c\u3089\u306e\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u306e\uff12\uff15\u2015\uff13\uff15\uff05\u304c\uff21\uff29\u306b\u3088\u308b\u6df7\u4e71\u306e\u30ea\u30b9\u30af\u306b\u3055\u3089\u3055\u308c\u3066\u3044\u308b\u3068\u63a8\u8a08\u3059\u308b\u3002<\/p>\n<p>\u30ed\u30f3\u30c9\u30f3\u3092\u62e0\u70b9\u3068\u3059\u308b\u30a2\u30f3\u30c9\u30ed\u30e1\u30c0\u30fb\u30ad\u30e3\u30d4\u30bf\u30eb\u30fb\u30de\u30cd\u30b8\u30e1\u30f3\u30c8\u306e\u30a2\u30eb\u30d9\u30eb\u30c8\u30fb\u30ac\u30ed\u6700\u9ad8\u6295\u8cc7\u8cac\u4efb\u8005\uff08\uff23\uff29\uff2f\uff09\u306f\u300c\u79c1\u305f\u3061\u306f\u307e\u3060\u554f\u984c\u767a\u898b\u306e\u521d\u671f\u6bb5\u968e\u306b\u3042\u308a\u3001\u660e\u65e5\u8d77\u3053\u308b\u3068\u306f\u9650\u3089\u306a\u3044\u3057\u3001\uff13\u30ab\u6708\u5f8c\u3001\u3042\u308b\u3044\u306f\u534a\u5e74\u5f8c\u306b\u306a\u308b\u304b\u3082\u3057\u308c\u306a\u3044\u300d\u3068\u3057\u305f\u4e0a\u3067\u3001\u300c\uff11\uff10\uff10\u793e\u306e\u4f01\u200b\u696d\u304c\u5165\u3063\u305f\u7bb1\u304c\u3042\u308b\u3068\u3059\u308b\u3002\u305d\u306e\u3046\u3061\uff11\uff10\u793e\u306f\u65e2\u306b\u5012\u7523\u3057\u200b\u3066\u3044\u308b\u4f1a\u793e\u3060\u3068\u5206\u304b\u3063\u3066\u3044\u308b\u3002\u7bb1\u3092\u958b\u3051\u308b\u307e\u3067\u306f\u3001\u2060\u305d\u308c\u3089\u306e\u4f01\u696d\u306f\u307e\u3060\u751f\u304d\u3066\u3044\u308b\u3088\u3046\u306b\u898b\u3048\u308b\u3002\u5f7c\u3089\u304c\u4f5c\u308a\u51fa\u3057\u305f\u306e\u306f\u307e\u3055\u306b\u305d\u306e\u3088\u3046\u306a\u72b6\u6cc1\u3060\u300d\u3068\u8aac\u660e\u3057\u305f\u3002<\/p>\n<p>\uff1c\u4fdd\u967a\u4f1a\u793e\u304c\u30c4\u30b1\u3092\u6255\u3046\u306e\u304b\uff1e<\/p>\n<p>\u30aa\u30c3\u30af\u30b9\u30d5\u30a9\u30fc\u30c9\u30fb\u30a8\u30b3\u30ce\u30df\u30af\u30b9\u306e\u30b3\u30ed\u30df\u30ca\u30b9\u6c0f\u306f\u3001\u9280\u884c\u306b\u3088\u308b\uff22\uff24\uff23\u3078\u306e\u878d\u8cc7\u7dcf\u984d\u306f\u9650\u3089\u308c\u3066\u304a\u308a\u3001\u7ba1\u7406\u53ef\u80fd\u306a\u7bc4\u56f2\u306b\u3042\u308b\u3068\u8a00\u53ca\u3002\u4e00\u65b9\u3067\u3088\u308a\u4e0d\u5b89\u8996\u3055\u308c\u308b\u306e\u304c\u3001\u7c73\u56fd\u306e\u751f\u547d\u4fdd\u967a\u4f1a\u793e\u3084\u5e74\u91d1\u4fdd\u967a\u4f1a\u793e\u306b\u3088\u308b\u30d7\u30e9\u30a4\u200b\u30d9\u30fc\u30c8\u30af\u30ec\u30b8\u30c3\u30c8\u3078\u306e\u6295\u8cc7\u984d\u3060\u3068\u3057\u305f\u3002\u3053\u308c\u3089\u306e\u6295\u8cc7\u984d\u306f\u904e\u53bb\uff11\uff10\u5e74\u9593\u3067\uff12\u500d\u8d85\u306b\u81a8\u3089\u3093\u3067\u3044\u308b\u3002<\/p>\n<p>\u7c73\u56fd\u306e\u4fdd\u967a\u4f1a\u793e\u306e\u6295\u8cc7\u7dcf\u984d\u306e\u3046\u3061\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30af\u30ec\u30b8\u30c3\u30c8\u304c\u5360\u3081\u308b\u5272\u5408\u306f\u200b\u7d04\uff13\uff15\uff05\u3067\u3001\u82f1\u4fdd\u967a\u4f1a\u793e\u306e\u8cc7\u7523\u306e\uff14\u5206\u306e\uff11\u5f31\u306b\u76f8\u2060\u5f53\u3059\u308b\u3068\u30b3\u30ed\u30df\u30ca\u30b9\u6c0f\u306f\u6307\u6458\u3057\u305f\u3002<\/p>\n<p>\u3055\u3089\u306b\u61f8\u5ff5\u3055\u308c\u308b\u306e\u306f\u3001\uff30\uff25\u30d5\u30a1\u30f3\u30c9\u3068\u63d0\u643a\u3057\u3066\u3044\u308b\u4fdd\u967a\u4f1a\u793e\u304c\u53d6\u5f15\u95a2\u4fc2\u3092\u901a\u3058\u3066\u53d6\u5f97\u3057\u305f\u8cc7\u7523\u304c\u63a8\u5b9a\u3067\uff11\u5146\u30c9\u30eb\u306b\u4e0a\u3063\u3066\u3044\u308b\u3053\u3068\u3060\u3068\u8a71\u3059\u3002\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30af\u30ec\u30b8\u30c3\u30c8\u306e\u640d\u5931\u306e\u5f71\u97ff\u306f\u3001\u3053\u308c\u3089\u306e\u4fdd\u967a\u4f1a\u793e\u306e\u7d42\u8eab\u5e74\u91d1\u3092\u5951\u7d04\u3057\u3066\u3044\u308b\u7c73\u56fd\u306e\u5e74\u91d1\u57fa\u91d1\u3084\u3001\u500b\u4eba\u306b\u3082\u4e0d\u5747\u8861\u306b\u53ca\u3076\u3068\u4e88\u60f3\u3057\u30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data-testid=\"ReutersGraphicImageGraphicContainer\" class=\"reuters-graphic-module__image-container__tSurO article-body-module__image-container__Y1fSv\">\n<div data-testid=\"Image\"><img decoding=\"async\" src=\"https:\/\/www.wacoca.com\/life\/wp-content\/uploads\/2026\/04\/1775469739_294_chart.png\" alt=\"Shows dividend per share and net debt of major BDCs\"\/><\/div>\n<\/div>\n<p>Shows dividend per share and net debt of major BDCs<\/p>\n<p data-testid=\"Body\" dir=\"ltr\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__element__5eCce article-body-module__trust-badge__5mS3f\">\u79c1\u305f\u3061\u306e\u884c\u52d5\u898f\u7bc4\uff1a<a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.thomsonreuters.com\/en\/about-us\/trust-principles.html\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__small__sph8i link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">\u30c8\u30e0\u30bd\u30f3\u30fb\u30ed\u30a4\u30bf\u30fc\u300c\u4fe1\u983c\u306e\u539f\u5247\u300d, opens new tab<\/a><\/p>\n<div data-testid=\"AuthorBio\" class=\"article-body-module__element__5eCce\">\n<div class=\"author-bio-module__author-wrapper__0yxtX\"><a data-testid=\"AuthorBioImageLink\" class=\"author-bio-module__author-image__jcaG3\" href=\"https:\/\/jp.reuters.com\/authors\/vidya-ranganathan\/\" referrerpolicy=\"no-referrer-when-downgrade\" tabindex=\"-1\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<div data-testid=\"AuthorBioImage\" class=\"author-bio-module__image__JYfQ0\"><img decoding=\"async\" src=\"https:\/\/www.wacoca.com\/life\/wp-content\/uploads\/2026\/04\/https:\/\/s3.amazonaws.com\/arc-authors\/reuters\/7688139a-ccbe-4653-9f0b-4b5c34b1a513.png\" alt=\"Vidya Ranganathan\"\/><\/div>\n<p><\/a><\/div>\n<p data-testid=\"Body\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__base__o--Cl body-module__extra_small_body__Bfz20 author-bio-module__description__9ynkB\">Vidya heads global finance &amp; markets breaking news, overseeing dozens of reporters across the world who cover spot currency, bond, stock &amp; crypto market developments and other fund flows, investor activity, govt policies and corporate actions that impact markets. She also writes and edits markets insights on emerging Asia, with a keen interest in China, and anchors the Cryptoverse column. Vidya has spent 3 decades covering markets, and was previously a trader at Societe Generale. She believes in life-long learning and training, and is now adding Gen AI courses to her masters degree in Physics, MBA and post-grad diploma in applied finance &amp; securities markets.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>4\u67082\u65e5\u3001\u30cb\u30e5\u30fc\u30e8\u30fc\u30af\u8a3c\u5238\u53d6\u5f15\u6240\u3067\u64ae\u5f71\u3002REUTERS\/Jeenah Moon [\u30ed\u30f3\u30c9\u30f3 \uff16\u65e5 \u30ed\u30a4\u30bf\u30fc] &#8211; \u4e00\u90e8\u306e\u6295\u8cc7\u5bb6\u306f\u3001\u7c73\u56fd\u3067\u53f0\u982d\u3057\u3066\u304d\u305f\u30d3\u30b8\u30cd\u30b9\u30fb\u30c7\u30d9\u30ed\u30c3\u30d7\u30e1\u30f3\u30c8\u30fb\u30ab\u30f3\u30d1\u30cb\u30fc\uff08\uff22\uff24\uff23\uff09\u306e\u30d7\u30e9\u30a4\u30d9\u30fc<\/p>\n","protected":false},"author":2,"featured_media":377216,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[156929],"tags":[48566,156971,156948,156977,156950,157845,157846,157847,157848,156956,156957,156995,156713,156714,156979,22809,156958,156959,157474,157555,156960,88176,156961,156697,156698,156973,156964,162495,156966,117596,156708,15363],"class_list":{"0":"post-377215","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investment","8":"tag-us","9":"tag-amers","10":"tag-anlins","11":"tag-anv","12":"tag-bisv","13":"tag-bnk","14":"tag-bnks","15":"tag-bsvc","16":"tag-cdm","17":"tag-cmpny","18":"tag-dbt","19":"tag-destnojpbsm","20":"tag-destnojptpm","21":"tag-destnojpztm","22":"tag-erep","23":"tag-fes","24":"tag-fin","25":"tag-fins","26":"tag-fund","27":"tag-gvd","28":"tag-invbis","29":"tag-investment","30":"tag-invm","31":"tag-jfor","32":"tag-jln","33":"tag-namer","34":"tag-news1","35":"tag-privt","36":"tag-pve","37":"tag-toshi","38":"tag-trn","39":"tag-15363"},"share_on_mastodon":{"url":"https:\/\/wakoka.com\/@life\/116357191786416086","error":""},"_links":{"self":[{"href":"https:\/\/www.wacoca.com\/life\/wp-json\/wp\/v2\/posts\/377215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wacoca.com\/life\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wacoca.com\/life\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/life\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/life\/wp-json\/wp\/v2\/comments?post=377215"}],"version-history":[{"count":0,"href":"https:\/\/www.wacoca.com\/life\/wp-json\/wp\/v2\/posts\/377215\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wacoca.com\/life\/wp-json\/wp\/v2\/media\/377216"}],"wp:attachment":[{"href":"https:\/\/www.wacoca.com\/life\/wp-json\/wp\/v2\/media?parent=377215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wacoca.com\/life\/wp-json\/wp\/v2\/categories?post=377215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wacoca.com\/life\/wp-json\/wp\/v2\/tags?post=377215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}