BDCs punished in selloff

• BDCs might be income favorites, but they're also proxies for general corporate credit, which is under pressure. And that might be particularly so in the oil patch, with crude once again plunging below $50 per barrel.
• Among today's movers: Prospect Capital (PSEC -4.9%), Main Street Capital (MAIN -4.9%), Ares Capital (ARCC -5.2%), Apollo Investment (AINV -4.7%), Gladstone Investment (GAIN -4.9%), Newtek Business (NEWT -8.1%), PennantPark (PNNT -6.6%), Blackrock TCP (TCPC -4.9%), Goldman Sachs BDC (GSBD -5.1%)
• ETFs: BDCL, BDCS, BIZD, FGB, LBDC