The holiday-shortened week saw new records broken for BDC Fixed Income prices and much investor enthusiasm for the more troubled issuers. Plus, we discuss two business developments affecting BDC unsecured debt in a slow week for breaking news.
Thanksgiving coincides with the fourth week of the BDC price rally. We discuss the key metrics and offer up a guess at which way prices might be headed for the rest of the year and what the key issue of 2021 might be.
The BDC Fixed Income sector reached a predicted price milestone in the week ended November 20, 2020. Will 2021 see the sector break all price records ? Some new developments suggest the possibility.
Merrily the BDC price rally rolls along for a third week. Recent BDC IIIQ 2020 results mostly support investors enthusiasm.
BDC Fixed Income prices reach a new post-pandemic record. We discuss details and provide an early estimate of what 2020 might show as a total return for debt investors and speculate about 2021.
Week three of BDC earnings season was also week two of a mighty rally in prices. We discuss causes, impact and the likely way forward with the end of this worst of years in sight.
BDC Fixed Income prices did not begin to match what happened to their common stock counterparts. Also, some good quarterly results did not have their expected impact on the price of the BDCs involved.
This week saw an unexpected and record-making reversal in BDC prices after weeks of red ink. The BDC Reporter also speaks to the outlook for the rest of 2020.
A bad week for BDC common stock prices but OK for debt investors. However, the week ahead could provide more turmoil and test BDC Fixed Income for a third time in eight years.
This was a miserable week price-wise for BDC common stock investors. Just how bad ? The BDC Reporter spells out the damage and frets about the days ahead.
All quiet on the BDC Fixed Income price front but both this week and next plenty of news stories to discuss, weigh and place into context.
For a third week in a row, BDC sector prices are down on the eve of earnings season. Also discussed: the growth in size of the larger BDCs and what that might mean for shareholders, inspired by Goldman Sachs BDC’s just completed merger with a sister fund.
The median BDC unsecured debt price dropped slightly this week, but the BDC Reporter remains sanguine. However, with BDC earnings season coming up, several underperforming BDCs do bear watching. We name names.
Not a good week where overall BDC stock prices were concerned, but the BDC Reporter is not fazed and we explain why.
The BDC Fixed Income sector reaches a new milestone this week and gives the BDC Reporter the opportunity to estimate what 2020’s total return may look like with less than 3 months to go.