AINV News and Press, Apollo Investment Corporation From 03/29/20

BDC Stock Price Declines Business Development Companies ("BDCs") got hammered this month along with other higher-yield credit-related investments for many of the reasons discussed below. It is important for investors to understand that BDCs are mostly retail-owned and many of the investo...

Apollo Investment ( OTC:AINV ) surges 19%  after saying it believes it has enough capital to meet funding requirements during the volatile period caused by the Covid-19 pandemic. More news on: Apollo Investment, Financial stocks news, Read more ...

NEW YORK, March 26, 2020 (GLOBE NEWSWIRE) -- Apollo Investment Corporation (NASDAQ: AINV) or the “Company,” today issued an open letter to its stakeholders. Below is the full text of the letter: March 26, 2020 Dear Stakeholders, As the coronavirus (COVID-19) pandemic ...

Focus of Article: The focus of PART 1 of this article is to analyze Ares Capital Corp.'s (ARCC) recent results and compare a handful of the company's metrics to fourteen business development company ("BDC") peers. This analysis will show past and current data with supporting documentation wi...

Benchmark interest rates are sharply lower today, as are investment-grade rates. This following the Fed's removing any upper bound to the size of its government bond purchases, as well as its promise to begin buying investment-grade corporate bonds as well as investment-grade corporate bon...

Foreword While last month more than half this collection of broker-favored Fit Financial Service equities were too pricey to justify their skinny dividends, this month 147 live up to the ideal of having its annual dividends from a $1K investment exceed the single share price. This is a reb...

It was only Thursday when we reported high-yield as having its worst day in many years, but it's even rougher today. More news on: iShares iBoxx $ High Yield Corporate Bond ETF, Prospect Capital Corporation, Main Street Capital, Energy stocks news, News on the U.S. economy, Stocks on the m...

Depending on your data source, the iShares High-Yield Corporate Bond ETF ( HYG -3.2% ) is on pace for its worst session in at least six years or more than a decade. More news on: iShares iBoxx $ High Yield Corporate Bond ETF, SPDR Bloomberg Barclays High Yield Bond ETF, Main Street Capit...

Recap/Focus of Article: On 2/27/2020, Main Street Capital Corp. ( MAIN ) reported quarterly net investment income (“NII”) of $0.615 per share and a net asset value (“NAV”) as of 12/31/2019 of $23.91 per share. In comparison, I projected MAIN would report quarter...

Energy-related companies make up about 10% of the high-yield universe, so the 25% plunge in oil prices and related crash in the equity of energy companies is creating a blowout in high yield spreads. More news on: iShares iBoxx $ High Yield Corporate Bond ETF, SPDR Bloomberg Barclays High ...