The BDC rally is on hiatus – as is the case across all the major indices. We review how far – or how little – the sector’s prices have fallen. Also, we discuss why we’re more optimistic about the long-term outlook than the analyst community.
The BDC rally is on pause, but far from over. We review the metrics and predict where earnings and dividends are headed in the next few quarters, likely to greatly influence future prices.
The BDC Reporter focuses on two items of special interest in FS-KKR Capital’s latest earnings conference call.
The major indices may have slumped this week, but the BDC sector still had price momentum and the rally goes on for almost everyone. What could possibly go wrong ?
The BDC bull charges on for another week. Where is the BDC sector headed? We offer up one possible scenario borrowed from our sister publication – BDC Best Ideas.
The BDC rally continues for another week, lifting almost all boats and leaving us speculating where this might take us.
The BDC rally rolls on, involving almost every public player out there. However, there’s still some considerable way to go before this cycle’s losses are made up.
A poor week for the major indices but a good one for the BDC sector – very much still in rally mode. We review the latest metrics, review which players have been left behind, and point out what price levels to look for on the road ahead.
We use the opportunity of PennantPark Floating Rate’s recent dividend announcement to survey the BDC’s payout history and outlook and review its market valuation.
We are at the halfway mark for 2023 and BDC sector prices are performing pretty well. We review a number of metrics and look through to the end of the year.
The BDC rally came to a halt after many weeks as investors across all markets had a re-think. Long term, though, the same old questions remain.
All the markets continue to rally, including the BDC sector. However, the most recent BDC metrics are underwhelming, as we show in this week’s Recap. We also offer the BDC Reporter’s skepticism that these days of wine and roses can last and explain why.
The BDC sector – and everything else – is in rally mode for yet another week. We review our regular metrics. However, we also add many words of caution to those who might believe that only wine and roses lays ahead, and give our reasons why.
Now that the debt limit has been increased, the BDC sector is rallying again. However, there are some familiar challenges up ahead…
The markets were not deterred by gridlock in Washington about the debt ceiling. The BDC sector came to the end of first quarter earnings season relatively optimistic on the back of record earnings, with more growth to come. Is a return to rally mode next?
Check out all the BDC-related stories from all three magazines published by BDC Publications, LLC: BDC Reporter, BDC Credit Reporter and BDC Best Ideas. We also offer a Search function to help you find anything you need amongst the hundreds of articles that have accumulated this year alone.
With the macro picture still bleak, BDC prices nevertheless moved up this week. Whether this is a flash-in-the-pan or the beginning of a rally is not yet clear, but long term the outlook – in the eyes of the BDC Reporter – is clear-cut.