Both anecdotal stories and aggregated bankruptcy data by us and others continues to indicate a credit deterioration is underway. Is it yet time to panic ? We address the question in our latest weekly credit recap.
The major indices went one way this week, while the BDC sector went another. We discuss the reasons why and whether this will continue.
The external manager of Horizon Technology Finance is getting acquired by a larger group. We review the details and see how the BDC’s shareholders will fare. Spoiler Alert: Keep your expectations low.
Another week of the comprehensive BDC News Feed begins.Tuesday includes MidCap Financial’s results, a medley of dividends from Fidus Investment and multiple troubled portfolio companies at Golub Capital. And we’ve just begun…
The S&P and the BDC sector went in different directions in Week 7 of 2023 and as BDC earnings season marched on.
The irresistible increase in BDC sector prices came to an end this week. Whether this is just a pause that refreshes or the beginning of a downturn may depend on the changing credit picture.
Everything is in rally mode, including the BDC sector. Admittedly, this week the metrics were a little weaker, as we’ll discuss.
Another very good week where BDC prices are concerned, as the rally rolls on. Will a sudden increase in credit troubles cause investors to re-think or do the good times continue to roll ?
According to Bloomberg, JP Morgan is getting into lending its own capital in the largest buyouts, in competition with several public BDCs. We discuss the story and review the possible implications from a variety of perspectives.
Many more bankruptcies occurred in week two than in week one of 2023, but the damage done to the public BDC sector was low.
The second week of 2023 saw the BDC sector – and most everything else – rising in price again. We crunch the numbers and question what lies ahead.
Week One of the new year saw BDC sector prices increase. We discuss why investors were in a good mood and where the sector stands in what should be a very interesting year.
Given that credit issues will be a dominant issue in 2023, the BDC Reporter is launching a new weekly series recapping the latest credit developments in the sector.
The last BDC Common Stocks Market Recap of the year has arrived and there’s no good cheer to offer. We warn that anyone expecting better days ahead may have a wait on their hands. Happy New Year !
With just one week to go in 2022 Santa Claus is not coming to the rescue. We review how BDC sector prices moved this week and through this almost ended year.
For BDC prices, 2022 is ending with a whimper. We review current investor concerns, their impact on recent prices and what might cause a drastic change.
No seasonal cheer as yet for the markets – or the BDC sector.
BDC sector prices dropped as a difficult year comes to a close, but remain caught in limbo between earlier highs and lows. We discuss what might cause a break-out, either up or down.
We re-publish an article from BDC Best Ideas which dissects a Barron’s feature on the BDC sector.
BDC sector prices move up after a week’s pause but remain well below the April highs. We discuss the credit challenges ahead and how prices might respond.
