Good news on inflation lifted all boats, including the BDC sector.We discuss what needs to happen for the rally to continue.
The BDC Reporter highlights the key issues involving BlackRock Capital Investment, drawn from its recent conference call.
We begin by describing how the BDC sector held up price-wise for the week. We follow up with our thoughts about what might happen to the BDC sector in the critical quarters to come.
The BDC sector moved up in price very sharply in the week ended October 28, 2022. Will that continue ? We have thoughts.
A photography-oriented portfolio company of Prospect Capital is downgraded, which may result in a lower value or even a default.
Not a good day for stocks and the BDC sector as yields continue to rise.
Heads up ! An already highly leveraged Saratoga Investment prepares to issue a new Baby Bond. We will publish a full fledged review when all the details are known.
All the major stock indices were up on the day, as was the BDC sector. We run the numbers, discuss BDC Fixed Income; credit news and more.
Main Street Capital releases preliminary and incomplete but still impressive results for the IIIQ 2022.
A bad week for the major indices, but a modest uptick for the BDC sector. Still, the BDC sector remains in the doldrums, reflecting investor pessimism.We are more bullish on fundamentals. Somebody is wrong.
A Cion Investment portfolio company is getting ever deeper into credit trouble. We re-publish an article from the BDC Credit Reporter.
After a terrible September, BDC prices rose early in October – only to drop later in the week. We review the numbers and where the BDC market stands forty one weeks into 2022.
With a few days delay because of website difficulties, here is our weekly recap of how BDC common stocks performed. The first headline says it all: Catastrophic. Still, there’s more to this story, as we discuss.
The BDC Reporter is back online after a several day crash. We explain and offer our sincere apologies and detail what we’ll be publishing next.
A very bad week for BDC stock prices – and everything else – was very similar to what happened three months ago. Also, we discuss why we’re more sanguine than the market about the BDC credit outlook.
Given the gushing of red ink on Thursday September 22 for both BDC common stocks and bonds, we’re re-publishing what we wrote about the day’s market performance as a stand alone article. Hopefully, this will be a rare occurrence.
A bad week for all the indices – including the BDC sector, which is closing in on its June 2022 lows. But do these lower prices reflect real investor concern or positioning ?
On the same day the BDC Reporter wrote an article about Trinity Capital, its CEO gave an interview about the venture-debt BDC, its strategy and outlook.
The BDC Reporter – after many hours at the grindstone – has completed a credit review of investor favorite Capital Southwest. We come away a little surprised at what we found.
BDC prices snapped back after 3 weeks in the red. We make a case for why the sector might do better yet – recessionary concerns notwithstanding.
