Up, down and all around the BDC Sector moves in this past week. However, the Ides of March still point mostly to Down, as we illustrate.
We re-publish an interesting chart provided by Alcentra Capital which speaks volumes about the cleft stick in which BDCs are caught.
Following on Alcentra Capital’s latest dividend reduction – which we projected months ago – the BDC Reporter re-rates the Dividend Outlook for 2018 at the new $0.18 a quarter level.
Harvest Capital delays its 10-K release. The reasons given in an SEC filing give us the shivers.
American Capital Senior Floating reports results as expected but surprises with mysterious comments about changing the BDC’s scale.
Great Elm Corporation had a great quarter earnings-wise. However – as we show in detail drawn from the 10-K – a great change in income , earnings and book value appears to be coming. Are GECC investors right in tying themselves to the mast ?
Another quiet week of BDC Fixed Income prices. However, legislation percolating in Congress could change everything.
Just in the nick of time BDC common stocks changed direction. Short term bounce or something else ?
BlackRock Investment jumps in price after its earnings release. The BDC Reporter takes a different view when looking behind the numbers and down the road.
Stellus Capital reports earnings below analyst expectations. The market jeers. The BDC Reporter – looking ahead – cheers.
New Mountain Finance reports IVQ 2017 results and an almost “clean” investment portfolio. Or is it ?
BDC Fixed Income loses a constituent, but the group as a whole remains stable, both in the short and medium term. We delve into our archives for perspective and compare with BDC common stock returns of late.
Another Week To Forget for BDC common stocks, but is worse to come ? We continue to place the market meltdown in context.
The BDC Reporter updates BDC News Of The Day through Friday March 2, 2018 with multiple developments. This is BDC news in almost real-time, and will change as the hours pass.
Multiple news items and ever more BDCs hitting new record price lows. The BDC Reporter covers the landscape for the past two days.
The BDC Reporter updates in excruciating detail – Capitala Finance’s earnings and portfolio performance now that IVQ 2017 results are in. Take a deep breath, there’s a lot to get through.
TICC Capital reports IVQ 2017 results but leaves the BDC Reporter – as usual – with more questions than answers.
Main Street Capital notches another successful exit.
The BDC Reporter makes changes to its Dividend Outlook rating system and updates how many funds are in our INCREASE, UNCHANGED, AT RISK and DECREASE categories.
Medley Capital hits a new All Time Low. Time to worry about the unusual arrangement between Fortress and Medley Management to acquire the BDC’s stock ?