Khosrork/iStock via Getty Images Overview Business Development Companies continue to be a great place to earn a higher yield and benefit from the higher interest rate environment. Crescent Capital BDC (NASDAQ:CCAP) has continued to rake in higher levels of net investment income, but the environment may be changing with interest rate cuts on the horizon. When I previously covered CCAP back in April, interest rate cuts seemed unlikely. However, recent economic data may be signaling a change in the market, ...

Ibrahim Akcengiz Earlier this year I wrote an article on Ares Capital (NASDAQ:ARCC) arguing why this BDC offers one of the best opportunities to enjoy solid returns from this specific sector. The bottom line was that ARCC has a truly diversified portfolio (on security, sector and asset class level) coupled with a strict underwriting policy that helps keep the underlying risk level low relative to the almost double-digit yield that is provided by this BDC. In other words, ARCC offers close to double-digi ...

Adam Gault Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company ("BDC") sector from both the bottom-up - highlighting individual news and events - as well as the top-down - providing an overview of the broader market. We also try to add some historical context as well as relevant themes that look to be driving the market or that investors ought to be mindful of. This update covers the period through the second week of July. ...

LOS ANGELES, July 18, 2024 (GLOBE NEWSWIRE) -- Crescent Capital BDC, Inc. (“Crescent BDC”) (NASDAQ: CCAP) today announced it will release its financial results for the second quarter ended June 30, 2024 on Monday, August 12, 2024 after market close. Crescent BDC invites all interested persons to attend its webcast/conference call on Tuesday, August 13, 2024 at 12:00 p.m. Eastern Time to discuss its second quarter ended June 30, 2024 financial results. Conference Call Information: The conference call will be ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...

文章核心观点 - 本文是一篇关于BDC(Business Development Company)行业的市场周报,主要介绍了BDC行业在过去一周的市场表现和相关主题 [6] - BDC行业在过去一周表现强劲,总回报率达到1.5%,优于整体收益市场 [7] - BDC行业估值已基本恢复之前的下跌,接近过去5年的峰值水平 [7] 行业和公司相关内容总结 BDC行业动态 - 高估值BDC如MAIN、CSWC和HTGC在本轮反弹中表现领先,这是BDC行业估值分化的常见模式 [7] - BDC行业整体估值接近5年高点,仍处于较高水平 [9] 公司动态 - Trinity Capital(TRIN)更新了2025年可转债的转换率,随着公司派息超过初始0.3美元的转换阈值,转换价格已调整至12.62美元 [8] - 可转债对管理层有一些好处,包括利息成本较普通债券更低,以及可以发行更多股票来增加资产规模和收费 [8] - 对现有股东来说,影响是利润摊薄,但长期来看随着新资本的运用,每股收益应该会增长 [8] 投资建议 - 尽管BDC行业整体估值不便宜,但仍有一些个股估值较为吸引人,如Blue Owl Capital Corp III(OBDE)、Golub Capital BDC(GBDC)和Barings BDC(BBDC)等 [10]

peshkov I hold several BDCs (business development companies) in my Income Compounder portfolio. Over the past several years, BDCs have performed extremely well due to higher interest rates and a generally strong economy, especially in the US. In fact, according to Raymond James in their BDC weekly insight that tracks the performance of most of the publicly traded BDCs, 5-year total returns have approached 90% for the equal weight RJ BDC Index, exceeding even that of the S&P 500, which has a total return ...

Zerbor Ares Capital: Market-Leading BDC With Scale Ares Capital (NASDAQ:ARCC) investors are likely riding on the higher-for-longer Fed posture with much satisfaction. With a 1Y total return of more than 23%, it has underperformed Main Street Capital's (MAIN) more than 40% total return. Despite that, ARCC's consistency in lifting its NAV per share and well-diversified portfolio should continue to help it perform relatively well. In my previous bullish ARCC article in late March 2024, I highlighted why AR ...

tadamichi Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company ("BDC") sector from both the bottom-up - highlighting individual news and events - as well as the top-down - providing an overview of the broader market. We also try to add some historical context as well as relevant themes that look to be driving the market or that investors ought to be mindful of. This update covers the period through the third week of June. Ma ...

Peach_iStock Introduction As income investors, we all have stocks that we favor as a result of their strong income generation. Altria (MO) and Capital Southwest (CSWC) are a couple that come to mind when I think of companies that generate great income for their shareholders. But I also enjoy searching for those with huge potential to do the same in the foreseeable future. Whether they are going through changes in their business model, or are a small-cap company that fly under investor's radar. One BDC t ...