The bloom is off the market rose but the situation in the BDC sector is more complex, as we explain. Also in this edition we discuss what the main themes will be in the months ahead for those involved in the BDC sector. Stay alert!
Gladstone Capital has recently reached a noteworthy price high. We discuss the history of this long-in-the-tooth BDC; its metamorphosis and the staggering returns achieved in recent years – all with an eye on what comes next.
On the heels of a downgrade of WhiteHorse Finance by a respected analyst, the BDC Reporter delves deep into the BDC’s credit performance of late.
The BDC sector benefited from the post-election stock market euphoria but in a very patchy way. We review the week’s price action; where we stand in Week 45 and some of the challenges & opportunities ahead that will move prices.
Prospect Capital has slashed its distribution and changed its strategy going forward. We take a hard look at this shocking news.
We are taking a break from reporting on the BDC sector’s latest results to re-publish a telling tale from the BDC Credit Reporter about a failed agtech company.
Week 44 saw the major indices – and BDC stock prices – drop sharply. We review the dismal metrics and consider what Bull and Bear would argue is coming next.
We review the IIIQ 2024 performance of 4 more BDCs that reported their results in the first week of earnings season.
A portfolio company of Gladstone Capital has been sold and the BDC seems to be in line for a record-breaking payday.
We review IIIQ 2024 performance reviews for 5 of the 9 BDCs that reported in this first week of earnings season. The rest will be reviewed shortly.
Most everything went as expected when Capital Southwest reported its calendar IIIQ 2024 results, with one notable exception that has weighed on the BDC’s stock price.
One BDC has reached a new 52 week price and two at a new 52-week low.
This was an unusually quiet week for BDC stock prices and for BDC news but the BDC Reporter has still found some interesting items to discuss on the eve of IIIQ 2024 earnings season.
Continuing our limited series, we look at another troubled BDC portfolio company likely to impact IIIQ 2024 results for two BDCs.
Goldman Sachs BDC has been under-performing of late where some of its fundamentals are concerned and this is becoming increasingly reflected in its stock price. Could matters get worse?
We assess what the impact of the failure of Pluralsight – a portfolio company of multiple BDCs – might have in the coming IIIQ 2024 – and beyond.
The BDC Reporter delves into many aspects of Capital Southwest’s recent and long term financial performance in order to project what to expect from the BDC when IIIQ 2024 results are revealed next Monday.
The major indices remain on fire and the BDC sector – this week anyway – as well. We review the latest metrics, discuss sector performance YTD and muse about what earnings season might bring.
Horizon Technology – best with credit challenges – has chosen to issue a small amount of convertible debt. We review the details and the implications.
In anticipation of BDC earnings season, we preview how Barings BDC might perform across a range of metrics and both in the coming results and longer-term.