DKosig In this article, we discuss the latest quarterly results from the Business Development Company ("BDC") Ares Capital (NASDAQ:ARCC). The company delivered a strong 4.1% total NAV return over the quarter, once again beating the average BDC in our coverage. ARCC trades at a 9% dividend yield and has a core earnings yield of 10.3%. Its price trades at a 9% premium to book, in line with the average in our coverage, though above the median. The portfolio sector allocation is fairly typical of BDCs, with sof ...