The BDC Reporter discusses highlights from Apollo Investment’s latest reporting.
A market melt-down is bringing more BDC stocks to 52 week lows. We name names and – on the fly – discuss risk and opportunity in a fast changing price environment.
Two BDCs hit new 52 week lows. We address what investors might be worrying about where Apollo Investment is concerned just days before earnings are released.
S&P downgrades two BDCs and gets kicked to the curb. We revisit the changing risk profile of the BDC sector through the prism of yet another fund that has adopted the new higher leverage rules. Worrying but important reading.
BDC Fixed Income prices perk up…a little, as bond markets are roiled. Otherwise, not much happening as BDC issuers wait on the markets.
The BDC Common stock rally hangs in there for another week. The BDC Reporter – in a thoughtful mood – looks backwards and forwards at both stock prices and credit risk.
BDC Fixed Income prices drop along with about everything else as rates rise. However, we look beyond to the changes being wrought by BDC enthusiasm for the Small Business Credit Availability Act. This could go any number of ways.
Thank goodness for the BDC Reporter’s reputation as a sector psychic, the BDC rally rolled on. There’s room to run and reasons that could happen.
Apollo Investment has made major – and overdue changes – to its compensation arrangements, announced along with FY 2018 earnings. However, we continue to stay away from the stock for 5 reasons given.
National Securities projects two well known BDCs might cut their fees. The BDC Reporter builds on that speculation with one of its own about the BDC Sector as a whole.
BDC Fixed Income prices did not move much on the week, but the outlook for the entire sector for years to come shifted dramatically.
A watershed week for the BDC Sector, but not for the usual reasons.
With BDC earnings season almost at the quarter way mark, the BDC Reporter shares some observations and does some plain speaking.
BDC Fixed Income prices are going nowhere but are the number of issues in the segment poised to boom ? We give two reasons why that might be the case.
The mini-surge in BDC common stock prices reversed this week. Are we headed back down or just taking a break ? Longer term, much may depend on how BDCs tackle the new leverage rules, as we explain.
