BDC Performance Table
Rationale
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The BDC Reporter seeks to provide comprehensive coverage of the $175bn public BDC sector and its 45 component publicly traded stocks. This includes gathering a comprehensive set of key BDC financial metrics in one place, along with our periodic assessments of each BDC's financial performance. Many of the metrics made available are critical inputs in any investor analysis. The assessments are not financial advice, but just our candid view, which readers can use as a second opinion.
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UPDATE: Nothing new this week.
Here's how the process works: we review each BDC's financial performance quarterly, including the most recent earnings release, SEC filing, investment presentation, and conference call transcript. Based on what we learn, we rate the period's overall performance on a 1-to-5 scale. We reserve a 1 rating for BDCs that have outperformed, and a 2, the most common, for performance in line with expectations. Ratings of 3 through 5 reflect increasing degrees of underperformance.
Beyond the BDC Reporter's necessarily subjective performance ratings, the BDC Performance Table includes a wealth of other metrics for each BDC, also updated regularly. Here's a non-comprehensive list:
Internal or External Management
Market Segment Served
Portfolio Cost and FMV
Net Asset Value in Dollars and on a Per Share Basis
Number of Portfolio Companies
Historical Recurring Earnings Per Share
Projected Recurring Earnings Per Share - Analyst Consensus
Historical Dividends Per Share
YTD Dividends Paid Per Share
We use color coding a great deal to make the data acccessible. Generally speaking, different shades of green represent growth or positive numbers and red losses, while orange is for in-between.