Great Elm Corporation issues new Unsecured Notes just as a major investment takes a turn. What to do ? We share our view and investment approach. CORRECTED VERSION.
New Mountain Finance is the subject of our Stock Watch. We have one possible explanation for today’s price move.
Just heard: Hercules Capital is finishing what was begun in October of 2017: repaying its 2024 Baby Bond. It’s a Good News/Bad News story.
A weird week where BDC common stocks are concerned. Two major developments in Fixed Income.
A mountain of news: Two “Steady Eddie” BDCs ; two encouraging earnings previews and a troubled BDC makes a series of announcements.
Why is a leading BDCl issuing new debt ? Which BDC is booking big fees now and later ? Who is a busy bee in venture lending and is that good ? Which BDC is about to gain a sibling and is that good or bad ? So much going in the BDC Sector…
The BDC Reporter gleans the most useful BDC developments from our Daily News Table. Who’s getting sued ? Who’s booking new business ? Who’s Maintaining A Stable Distribution ?
The new year begins modestly for BDC common stocks, but there are winners and losers worth mentioning. Fixed Income issues are stable – as always – but face an existential dilemma.
Three BDCs have reached 52 Week lows. We discuss what that might say about the BDC Sector and how investors might want to approach the market.
From our BDC daily news gathering we answer such questions as “Who’s Worried About Their Stock Price”; “Who’s Booking Big Fees In IQ 2018 ?” and “Who’s Making Changes In The C Suite ?”. And more.
We take a fresh look at Capitala Finance’s dividend sustainability and review all the moving parts. Will we change our 2018 outlook ? Will you after reading through the variables ?
2017 is in the history books. We discuss in great detail how the week – and year – went for BDC common stocks. BDC Fixed income gets a more cursory weekly update. Next week we’ll look both back and forward.
We review what we’ve been saying about Apollo Investment all year in 2017. Have we been too cautious or just early ? 2018 will tell us.
We look back at a year in the life of American Capital Senior Floating – now under new management with a different name – and what the BDC Reporter had to say.
A review of the BDC Reporter’s news, views and analysis of Alcentra Capital in 2017, and a peek into what to expect in 2018. We were (mostly) prescient…
CM Finance is trading way below book but has just received a green light to raise more capital from its shareholders, not all of whom have the same interests. A very intriguing Christmas Story.
There’s no joy to be had in the BDC common stocks sector this week or this year. BDC Fixed Income investors, though, have much to be grateful for.
The BDC Reporter puts on its BDC Activist hat to review highlights of Medley Capital’s Annual Proxy. Shareholders of MCC – whose stock price is close to the All Time Low – might not be greatly encouraged…
As investors are otherwise engaged at year end, the most important BDC News is that common stock prices are behaving in unexpected ways. First signs of another sector step-down or a seasonal phenomenon ?