BDC Fixed Income hangs in there. However, developments at Gladstone Capital and elsewhere foretell changes to come.
The BDC Sector bounces back after 5 weeks of decline. Just a head fake on the way to new record lows or the beginning of a new rally ?
The BDC Reporter provides news, views and analysis to the just published Fidus Investment earnings transcript, trying out a new format for our readers.
At Hercules Capital everything old is new again, with a major asset securitization at a favorable rate. A useful example of what might lie ahead elsewhere in a debt hungry BDC sector.
The BDC Reporter discusses highlights from Apollo Investment’s latest reporting.
Oxford Square is first up in BDC earnings season and the BDC Reporter has the time to take a close look at the results and the outlook for this higher risk-higher return BDC with a chequered past.
The BDC Reporter takes a sneak peek at the week ahead for the BDC sector in what is yet another new feature, and available to all readers.
While BDC common stocks and all the main markets were in the grips of a major pull-back during the week, BDC Fixed Income had the quietest of weeks.
As goes the major indices, so goes the BDC sector. This week, the general markets headed sharply south…We discuss where the BDC sector using both short term and long term lenses; and looking both backwards and forwards.
An SEC filing fills in some – but not all – the details of a major insider sale which has caused a huge stock price drop. Not the last in a series.
Not surprisingly KCAP Financial redeems one of its two Baby Bonds. We review the redemption details and discuss what the BDC might do next.
A large number of Great Elm Corporation shares switch hands, and the stock drops to a record low. The BDC Reporter saw it all coming, but is still surprised.
A market melt-down is bringing more BDC stocks to 52 week lows. We name names and – on the fly – discuss risk and opportunity in a fast changing price environment.
The BDC Reporter speculates about the reason for the melt-down in Great Elm’s stock price in real-time.
Two BDCs hit new 52 week lows. We address what investors might be worrying about where Apollo Investment is concerned just days before earnings are released.
We say R.I.P. to the BDC sector rally and take a snapshot of where we are on the brink of earnings season and foretell – as best we can – what investors might expect from prices, earnings and credit.
BDC Fixed Income prices synced with interest rate movements in a quiet week where new developments are concerned.
FS Investment – just weeks away from a major merger – hits a 52 week low in price. We provide some context; throw around a few possible explanations and speculate what the BDC’s famed Investment Advisor might do in response.
Barings is buying a boatload of Barings BDC’s common stock under an automatic program, with no visible impact on the stock price. We review the latest “shareholder friendly” action by this most recent entrant into BDC management.