The BDC sector followed the major indices down. And then up again. However, the second week of BDC earnings season was not an unalloyed success and future market direction is in question.
The BDC Reporter provides news, views and analysis to the just published Fidus Investment earnings transcript, trying out a new format for our readers.
A quiet week, both in terms of price changes and news developments, in BDC Fixed Income. Looking around the corner, we speculate as to whether the universe of publicly traded unsecured BDC debt gets bigger or smaller.
On the cusp of the most interesting Earnings Season in years, BDC stocks remained in a narrow range. We look forward to the debate about extra leverage but also beyond…
BDC Fixed Income loses a constituent, but the group as a whole remains stable, both in the short and medium term. We delve into our archives for perspective and compare with BDC common stock returns of late.
BDC common stocks had another tough week. Matters could get worse. Much worse, as we discuss. However, we end on an optimistic note.
The BDC Fixed Income segment is battered and bruised – but still standing. We discuss the phenomenon and answer the question: For how much longer ?
Fidus Investment is trading close to a 52 Week Low and has just issued new Baby Bonds. We ask if either the common stock or debt is a Good Buy ?
As investors are otherwise engaged at year end, the most important BDC News is that common stock prices are behaving in unexpected ways. First signs of another sector step-down or a seasonal phenomenon ?