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How Non-Traded BDCs Work

Non-traded BDCs combine the capital of investors to finance and, in certain instances, participate in the economic upside of a portfolio of businesses. These companies intend to pass on earnings or interest payments to the non-traded BDC, which are used to pay monthly distributions1 to investors.


1) There is no guarantee that a BDC will be able to pay distributions. Distributions may be paid from sources other than income generated from the BDC’s investments.

This website is neither an offer to sell nor a solicitation of an offer to purchase any NorthStar investment Program, NorthStar Investment Programs are only offered by means of a prospectus. This material must be read in conjunction with a prospectus in order to understand fully all the implications and risks of an offering of securities to which it relates. Neither the Securities and Exchange Commission nor any state securities regulator has passed on or endorsed the merits of this offering. Any representation to the contrary is unlawful. Consult the prospectus for suitability standards in your state. Securities offered through NorthStar Securities, LLC, member FINRA/SIPC. NorthStar Securities, LLC is doing business as NorthStar BD Securities, LLC (DE) in the following states: FL, GA, TX and WA.