ORCC - Ares Capital: 9.4% Yield Provides Preliminary Results
- On January 13, 2021, ARCC closed an offering of $650 million of its 2.150% unsecured notes. Included in the SEC filings related to the offering were Q4 2020 preliminary results.
- This article discusses the details included in the SEC filings as well as portfolio credit quality and recent changes to non-accruals.
- ARCC is one of the 17 BDCs that I own and is one of my larger positions as I add during market volatility.
- As shown below, over the last ~5 years, ARCC has provided me with annualized returns of 13% to 15% and likely headed higher as the stock rebounds.
For further details see:
Ares Capital: 9.4% Yield, Provides Preliminary Results