How many business development companies does DFX track?
DFX currently tracks 365 business development companies, as of 7 October 2026.
365
As of
Definition
Business development companies: SEC-registered closed-end funds that lend to and invest in private US companies.
Geography
United States.
Included
- Every BDC with an SEC filing history, listed or not, active or since wound down.
Excluded
- Their advisers, counted as private credit firms.
- Interval funds and private credit funds.
Methodology
One record per BDC, keyed by its SEC CIK.
The graph behind this figure reads 27 registered sources, each listed with its rights determination on the sources page.
Update cadence
Recounted every time the graph's published totals are rebuilt, which happens several times a day; the date above is the latest rebuild.
The lists behind this figure
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