Ares Capital: One Of The Best Buys In The BDC Sector
ARCC is the largest BDC out there, which comes with many advantages. One clear advantage is the ability to source sizeable volumes to keep the portfolio growth stable. This is an issue for other BD...
BDC Weekly Review: Early Earnings Guidance Is Bullish For The Sector
We take a look at the action in business development companies through the second week of July and highlight some of the key themes we are watching. BDCs had a solid week with an 0.8% average total...
BDC Weekly Review: The Benefits Of Convertible Bonds For BDCs
We take a look at the action in business development companies through the first week of July and highlight some of the key themes we are watching. BDCs had a strong week with a 1.5% total return, ...
BDC Weekly Review: The Puzzle Of Secured Note Issuance
We take a look at the action in business development companies through the last week of June and highlight some of the key themes we are watching. BDCs were slightly up on the week but flat over th...
Goldman Sachs BDC: Improvements, But Key Risks Remain
Goldman Sachs BDC: Improvements, But Key Risks Remain
BDC Weekly Review: Valuations Are At Early 2021 Levels
We take a look at the action in business development companies through the third week of June and highlight some of the key themes we are watching. BDCs were flat on the week, with some underperfor...
Bain Capital Specialty Finance: Initiating Coverage Of This 11%-Yielding BDC
We initiate coverage of business development company Bain Capital Specialty Finance, Inc., trading at an 11% dividend yield and a 7% discount to book. Bain Capital Specialty Finance is overweight i...
Runway Growth Finance: Right Moment To Step Away From This BDC
Runway Growth Finance is a VC-focused BDC for which I issued a bull thesis in December 2023. Since then, RWAY has experienced a rather volatile ride and underperformed the BDC market. In this artic...
Main Street Capital: Still Plenty Of Reasons To Own This BDC
Since the publication of my bullish article on Main Street Capital, the BDC has outperformed the sector. This is a bit of a surprise to me given that my expectation was that MAIN as a de-risked BDC...
BDC Weekly Review: Banks Are Refinancing Private Debt
We take a look at the action in business development companies through the second week of June and highlight some of the key themes we are watching. BDCs fell 1% on the week, underperforming the br...
Barings BDC: An 11% Yield That Has The Makings Of A Great Long-Term Investment
Barings BDC remains an attractive investment with strong fundamentals and performance. They are one of the few high-quality BDCs trading below their NAV with a 20% discount currently. Strong credit...
Palmer Square Capital BDC Announces Second Quarter 2024 Supplemental Dividend of $0.05
MISSION WOODS, Kan.--(BUSINESS WIRE)--Palmer Square Capital BDC Inc. (NYSE: PSBD) ("Palmer Square" or the "Company"), an externally managed business development company, today announced that its Bo...
Preferreds Weekly Review: New Issuance In An Attractive Bond Sector
We take a look at the action in preferreds and baby bonds through the last week of May and highlight some of the key themes we are watching. Preferreds had a good week and month, with most sectors ...
Gladstone Capital: Monthly 8.7% Yielding BDC I Would Buy On A Pullback
Gladstone Capital is a quality monthly-paying BDC with a respectable track record and performed strongly with its share price up roughly 20% in the past year. The BDC reported a slight decline in n...
Blue Owl Capital Corporation III: A Suitable Alternative To Their Sister BDC
Blue Owl Capital lll is a newly-listed sister BDC to Blue Owl Capital with similarities and some differences that I highlight within this article. OBDE reported a decline in net investment income b...
Related Companies