anyaberkut/iStock via Getty Images In this article, we discuss the latest quarterly results from the Business Development Company Ares Capital (NASDAQ:ARCC). The company delivered a strong 3.9% total NAV return over the quarter as well as a rise in core earnings. ARCC trades at a 9.5% dividend yield and has a core earnings yield of 12.5%. Its valuation is 105% as of this writing. The portfolio sector allocation is fairly typical of BDCs with software and healthcare being the key areas. It has a lower first- ...