The BDC Reporter rates Runway Growth Finances’s fourth quarter and full-year 2023 financial performance, looking at earnings, net book value, credit and the dividend. Best read in conjunction with our BDC Summary Results;IVQ 2023 Table and the BDC Credit Table and the BDC NAV Change Table.
After updating the BDC Credit Table with the latest data, we review Trinity Capital’s recent and long-term credit performance.
We take a deep dive into Bain Capital Specialty Finance’s quarterly and full-year 2023 results and find much in the way of positive developments.
We are writing credit summaries for every BDC that has reported IVQ 2023 results. These summaries accompany one of the BDC Reporter’s top SubScriber Tools: the BDC Credit Table. We have just completed a credit update for Barings BDC. That’s 12 completed.
We review Barings BDC’s IVQ 2023 and full year financial performance and ask the key question all shareholders are asking themselves.
A portfolio company of Portman Ridge Financial has filed for bankruptcy. We assess the damage to the BDC and discuss Portman’s long-term performance and what the future might hold.
Investcorp Credit Management – just hours after releasing its IVQ 2023 earnings – calls them back in in a highly unusual move. We discuss one possible outcome from this fiasco.
Thanks to Seeking Alpha we know what three analysts are saying about new public BDC Palmer Square Capital. We compare those views with the BDC Reporter’s own research and views published recently.
We look at Gladstone Capital’s just announced IVQ 2023 results from all sides and find plenty to like and only one unexpected flaw.
The BDC Reporter highlights the most interesting items to come out of Capital Southwest’s IVQ 2023 earnings conference call.
Capital Southwest – shortly after reporting its IVQ 2023 results – has reached a new 52-week high. We analyze the reasons why and speculate about how much further the price might rise.
We’re re-launching our weekly Credit Recap feature as a monthly – rather than a weekly. January 2024 has begun with three bankruptcies of BDC-financed companies and two exits.
Three BDCs reached new 52-week highs on Monday January 23, 2024. We analyze the phenomenon; review each BDC’s valuation metrics and consider the implications for BDC investors.
Main Street is sharing some preliminary results for the IVQ 2023. There’s much to like in this (incomplete) picture.
A new incentive fee and preliminary IVQ 2023 results: there’s a lot to unpack from Golub Capital’s latest press release.
Saratoga Investment was the first BDC to report IVQ 2023 results and things did not go as planned.
Our first news story of 2024 is about a portfolio company of Gladstone Capital, which announced what seems like a major organizational change. We tell you as much as we know.
PhenixFIN closes out BDC earnings season by disclosing its fiscal results ended September 30, 2023. There’s much positive news but uncertainties – and losses – linger.
New Mountain has undertaken two initiatives that shareholders should be pleased by.
For a second year in a row CION Investment has announced a last minute “top-up” distribution. We analyze where this leaves the BDC as 2023 comes to a close.
