Fear Grows My Income. Checkout These +13% Dirt-Cheap Yields

The financial news media thrives on a singular mission: finding a new crisis to keep you glued to the screen. In March 2026, a key antagonist has been Private Credit. You’ve likely seen the headlines about"shadow banking and hidden risks lurking in the portfolios of Business Development Companies (BDCs).

For the average investor, this noise creates a paralyzing fear, and a determination to avoid anything that looks or smells like it. But for us at High Dividend Opportunities, it creates opportunity.

After all, your retirement shouldn't be spent worrying about what the government’s plans for Social Security are. True financial freedom comes from building a personal pension that pays you regardless of market sentiment or headlines. Through our Income Method, we treat our portfolio like a landlord treats an apartment building. We don’t obsess over the daily appraisal value of the building; we focus on the rent checks predictably hitting the mailbox.

While the media panics over private credit, we are looking at the cold, hard math of the underlying assets. The fear has pushed prices down, allowing us to lock in massive yields on well-managed companies. Here are two picks that represent the resilience of our income strategy in the face of this private credit fear.

1. Blue Owl Capital Corporation (OBDC) – Yield 13%

Much of the recent panic has centered on Blue Owl (OWL), the manager of Blue Owl Capital Corp (OBDC). Critics point to liquidity issues in their non-traded funds or their focus on data centers as red flags. But Wall Street is terribly misinformed.

The media loves to paint with a broad brush, but OBDC is not the same as the rest of the Blue Owl funds. While Blue Owl manages over $300 billion, that money is siloed into very different buckets.

• Different Assets, Different Goals: When you hear headlines about Blue Owl's aggressive data center bets, those are private funds for institutional giants, not OBDC. Our BDC is focused on direct lending to middle-market companies, a completely different asset class with its own risk profile.

  
  

• Public vs. Private: Unlike the non-traded funds (like OBDC II) that have faced redemption headlines, OBDC is fully liquid and publicly traded. You aren't locked in by a prospectus; you have the freedom to buy and sell on the open market.

• The Reality of Defaults: Despite the noise, OBDC’s credit quality remains rock solid. Its non-accruals (defaults) sit at just 1.1% of the portfolio.

  
  

OBDC today presents a 13.3% yield backed by a high-quality loan book that is fundamentally different from what the headlines say.

2. SLR Investment Corp. (SLRC) – Yield 11.5%

If OBDC is the misunderstood giant, SLR Capital Corporation (SLRC) is the quiet overachiever. While the media frets over risky private loans, SLRC has quietly built a fortress.

• Safety in Assets: Roughly 78% of SLRC’s portfolio is in Asset-Based Lending (ABL) and Equipment Financing. These aren't speculative bets; these are loans backed by hard mission-critical collateral like machinery and inventors, assets that are in high demand as U.S. manufacturing booms.

• Prudent Risk Management: SLRC has 0% of its portfolio on non-accrual, a rare feat in the BDC world today. Every single borrower is paying on time. Furthermore, less than 2% of their income comes from risky "PIK" (non-cash) interest, meaning their double-digit yield is backed by actual cash flow and a growing NAV.

  
  

SLRC proves that Private Credit isn't a monolith of risky assets. By avoiding the overhyped tech and software sectors (less than 2% exposure), SLRC offers a clean, stable book that lets you sleep through the crisis.

Conclusion

At High Dividend Opportunities, we embrace market irrationality. When the media creates a private credit  bogeyman, they hand us a gift – the ability to buy income at a discount.

Our Income Method lets us enjoy great income from all corners of the markets. Since our cash flows from a diversified pool of investments are so predictable and reliable, while others are debating credit risks on TV, we are collecting checks.

The markets will always go up or down, but our goal is to ensure you get paid to enjoy the show. This is the power of Income