Most of the major indices – and the BDC sector – continue to move upward, closing in or breaking records.Plus, a huge dividend is announced and a secondary offering launched by two mid-sized BDCs.
The markets move up for a second cday, with the BDC sector following some way behind. We review several BDC news items – none very important – and have a mouthful to say about the credit outlook for the lower middle market.
The new month/week began with a modest BDC price rise. However, there was shocking news from one of the most popular – and idiosyncratic BDCs – out there just as earnings season shifted into high gear.
There were many developments in the BDC Fixed Income sector during the week that changed the landscape and outlook.
Two weeks after a short, sharp shock BDC stock prices are back at new heights. We discuss the trends and some specifics.
Newtek Business has announced its IVQ 2020 dividend, bringing its annual total below what the BDC Reporter and the BDC itself had initially hoped for.