Nine BDCs have reported earnings through the close on August 2, 2018. We’ve got the highlights, the lowlights and an early idea of where the BDC sector is headed.
A mixed week in the BDC sector but the trend is still to the upside. The BDC Reporter also discusses the monumental changes underway amongst the bigger BDCs and what that might mean for the future.
Mixed messages about the short term direction of the BDC Sector. The BDC Reporter, though, quantifies how drastically the shape of the sector will change in the next 2 years and which could yet cause BDC prices to shift.
Another good week for the BDC Sector and most of its constituents, as the rally marches on. We discuss myriad metrics and look at the length of the runway.
The BDC Common stock rally hangs in there for another week. The BDC Reporter – in a thoughtful mood – looks backwards and forwards at both stock prices and credit risk.
BlackRock Capital’s shareholders write the Investment Advisor a blank cheque. The BDC Reporter is taken aback.
A watershed week for the BDC Sector, but not for the usual reasons.
The top man at BlackRock Capital is out. The BDC,though, faces numerous challenges while waiting for the outcome of its namesake parent’s new credit leveraged loan investment strategy.
On the cusp of the most interesting Earnings Season in years, BDC stocks remained in a narrow range. We look forward to the debate about extra leverage but also beyond…
The BDC Sector moved up, then down and remained in the same place where it’s been for weeks. Trends are underway – both inside and outside the sector – that could change all that.
In a major move BlackRock,Inc. acquires the manager of TCP Capital. Nothing is going to change for the BDC’s shareholders say the two firms involved. Not so fast says the BDC Reporter.
S&P speaks up about the new BDC leverage rules, expressing concern. Will the credit raters keep BDCs from borrowing to the hilt. If not the rating groups, then who ? We discuss the options and look into a glass. Darkly.
Another quiet week of BDC Fixed Income prices. However, legislation percolating in Congress could change everything.