The latest report from a well regarded index of middle market companies is good news for the BDC sector.
Main Street offers up new investment activity data for the IIIQ 2023 for one of its business segments. This serves as a potential indicator of how busy MAIN – and other BDCs – might have been in the period. Here’s what we learned…
We compare Saratoga’s just announced IIIQ 2023 results against the BDC Reporter’s previously published preview.
There was a new BDC-financed company bankruptcy this week, but also two businesses exiting from court protection. With more than three-quartets of 2023 done, BDC credit performance does not seem unusual.
This was a “historic” week for bonds and volatile for BDC common stocks, with the sector materially down in price. As we explain, though, the six month long BDC rally may yet have more legs.
Stellus Capital has announced its IVQ 2023 distribution. The BDC is having a record year where earnings and distributions are concerned. We explain why the stock price is nonetheless 20% off its high.
Oxford Square is paying down more of one of its Baby Bonds. We review the details and what remains.
We discuss PennantPark Investment’s first monthly dividend and segue into a broader review of the past, present and future payouts of the BDC, which is recovering after years in the figurative wilderness.
The major indices are going one way and BDC prices another. We review this unusual phenomenon and its likely cause and what might come next.
A poor week for the major indices but only a modest decline for the BDC sector – not spooked by the Fed meeting.
The BDC Reporter tackles a difficult and sensitive subject where Prospect Capital is concerned: the viability of its portfolio investment valuations.