The major indices out-performed the BDC sector this week but the rally marches on. This week, though, we take a deeper look at the worst performing BDC stocks.
Upper-middle market focused and relative public BDC newbie gets our IQ 2024 Performance Review treatment.
A portfolio company of two BDCS that was once in bankruptcy and seemingly on the edge of liquidation has recovered. What looked like a loss is now a gain.
Capital Southwest’s IQ 2024 performance was nothing to write home about but the BDC continued to perform at an above-average level in almost every respect.
We continue our Sisyphean goal of reviewing the IQ 2024 performance of every BDC with a look at one of the biggest players – Blackstone Secured Lending.
Major shareholders have been selling more of their stock in WhiteHorse Finance. We discuss the possible meaning.
In a “feel good” story to begin the week Golub Capital completes the acquisition of a sister, non-traded, BDC and announces benefits in the form of a book value increase, higher distributions and more.
The BDC rally marches on, seemingly disconnected from the rest of the markets and impervious to the slings and arrows of Jamie Dimon. We use the opportunity to review the sector’s year-to-date 2024 price performance.
One of the most interesting questions of the IQ 2024 BDC earnings season was how would BlackRock TCP Capital perform after several quarters of lower net book value but still high income.
We’re re-publishing an article from our sister publication – the BDC Credit Reporter – about Bain Capital’s most recent credit performance, which includes a list of its most troubled borrowers.
Bain Capital Specialty Finance seems to be firing on all cylinders st the end of the IQ 2024 and its rest-of-the-year outlook seems favorable. We explain why.
We analyze Main Street Capital’s latest unsecured note offering, highlighting its benefits for the BDC and the shareholders. From there, we discuss how valuable this sort of financing has become for the BDC sector generally.
We undertake an in-depth review of Ares Capital following its IQ 2024 results release and find little to complain about. We also sum up how the stock has performed of late.
BDC sector prices have not moved much in 2024 – as we show – but that does not mean 2024 might not be a good year for investors. We also pencil out how matters might get much better for BDC investors before the year is out.
We use the opportunity of Saratoga Investment’s latest dividend announcement to launch into na sector-wide comparison of recent payouts. We follow up with fascinating data about the variety of returns inherent in BDC investing.
Very few BDCs are as ambitious as Trinity Capital – one of the newer public BDCs. We have a look at whether the BDC’s recent performance is in line with its goals.
WhiteHorse Finance’s IQ 2024 results met performance expectations in almost every way, with one notable exception.
We’re posting with a little delay – which we explain in the Foreword. The week ended May 17, 2024 saw BDC stocks falling behind the major indices but is this the pause that refreshes or a turning point?
Barings BDC has faced some challenge of late not of their own creation but the IQ 2024 results seem to be broadly within market expectations. We review all the key metrics involved.
Blackstone Secured Lending is going where many of its peers have been in 2024 – to the unsecured note market. We review both the implications for the BDC and for the sector more generally of the generous terms available for would-be borrowers.