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, ...

designer491 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 first week of July. ...

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 ARCC's ...

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. Market ...

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 that ...

loveguli In this article, we take a look at the BDC Bain Capital Specialty Finance, Inc. (NYSE:BCSF). We recently added the stock to our coverage and the service BDC Tool. BCSF is overweight Aerospace / Defense and High Tech sectors. This is a bit different from the usual Tech / Healthcare sector overweights. BCSF The company is focused on the core middle-market segment with a median EBITDA of $44m. Unlike the upper middle-market segment, occupied by the largest BDCs, borrowers in this segment are, arguably ...

Torsten Asmus December last year, I wrote an article on Runway Growth Finance (NASDAQ:RWAY), which is a VC-focused BDC. As many of my readers have probably noticed it, I tend to avoid investing in BDCs that carry an elevated exposure towards VC markets. The reason for this is simple - I see no major reason why investors should take additional risk on top of what conventional BDCs offer. It really boils down to capturing roughly 200 - 400 basis points in extra yield, which comes with a huge risk that is asso ...