We summarize how Saratoga Investment performed in its calendar third quarter ended in August, now that the earnings release, 10-Q, Investor Presentation and Conference Call transcript have been reviewed.
The BDC sector moved upward on the week, following the major indices renewed optimism. The BDC Reporter, though, shares its concerns about what might happen in the remainder of 2019 and into 2020.
A strange week for the broad markets, which filtered through to the BDC sector. We discuss short and longer term price trends; developments out of the SBA that could have major sector ramifications and note early signs of weakness in the credit markets that might make headline status in the weeks ahead.
Saratoga Investment receives a second SBIC license. We review the BDC’s long standing relationship with the Small Business Administration and analyze how its balance sheet, leverage and earnings might be altered by this substantial increase in capital availability.
Saratoga Investment has a mostly uneventful quarter. Nonetheless, the BDC reporter finds much to review in the Conference Call transcript.
We update what the BDC Reporter learned from the scheduled – and previously previewed – earnings release of Saratoga Investment.
The first full business week of 2019 and the BDC Reporter is back previewing what we might expect to hit the headlines in the next few days. “Whereto the market ?” remains the most important question but there is one earnings release this week and two major shareholder votes pending. Interesting start to an important year.
The BDC mini rally hangs in there for another week. We discuss who was up and who was down and the lessons learned. Plus, we provide our best guess as to the short term outlook.
Mixed messages about the short term direction of the BDC Sector. The BDC Reporter, though, quantifies how drastically the shape of the sector will change in the next 2 years and which could yet cause BDC prices to shift.
Nothing lasts forever, specially BDC common stocks upward momentum. This week, the sector dropped back. Harbinger or brief pause ?
Another good week for the BDC Sector and most of its constituents, as the rally marches on. We discuss myriad metrics and look at the length of the runway.