ARCC News and Press, Ares Capital Corporation From 12/31/23

2023-12-31 11:39:48 ET Summary Barings Corporate Investors (MCI) has been benefiting from the higher rate environment that we've been in. That's been driving the fund's distribution higher, and there is currently strong distribution coverage even after they raised once again with ...

2023-12-31 09:00:00 ET Summary REITs and BDCs both offer big dividend yields, although BDC dividends are generally bigger and REIT prices are currently more contrarian (we share updated data on over 40 of each). As an alternative, we review a REIT-focused CEF offering the attracti...

2023-12-29 17:31:20 ET Summary I've analyzed the performance of various BDCs in 2023 and specifically those with market caps over $100M. I've also shared my personal portfolio holdings as well as my strategy for investing in BDCs. I've identified BCSF and MFIC as potential BDC...

2023-12-29 14:00:00 ET Summary TriplePoint Venture Growth has posted solid financials in 2023, beating estimates on net investment income and total investment income. The company has increased its spillover income quarter-over-quarter but has chosen to be more conservative. TP...

2023-12-29 11:51:50 ET Summary In this report, we compare 40+ big-yield BDCs, including a special focus on industry stalwart, Ares Capital. After comparing the BDCs on a variety of metrics, we dive into the specifics on Ares, including a discussion of how it's fortifying its finan...

2023-12-29 09:32:54 ET Summary The BDC market has been boosted by constrained access to conventional loans, high interest rates, and minimal corporate defaults. Ares Capital and FS KKR Capital are the largest and most liquid BDCs, making them attractive options for defensive alloc...

2023-12-27 09:00:00 ET Summary Business Development Companies are great long-term investments, not just for high-interest rate environments. BDCs have benefited from the banking crisis and tightened lending standards, providing them with opportunities for long-term lending. BD...

2023-12-26 23:38:26 ET Summary I missed 1.48% of alpha creation in my last article on Ares Capital when I had downgraded it to a hold. Yet, I still downgrade ARCC to a 'Strong Sell': The chances of a rate reduction by the Federal Reserve are increasing, which could benefit the BDC...

2023-12-26 08:10:00 ET Summary The year-end rally thus far has made it difficult for value investors to find bargains among large-cap stocks. However, plenty of value remains, and Saratoga Investment Corp currently offers a well-covered 11% yield with a diversified and stable port...

2023-12-24 05:50:00 ET Income investors don't have to settle for puny dividends. There are far too many stocks that offer extraordinary yields of 6% or more -- a level that I'd categorize as ultra-high. Granted, some of those stocks are too risky for many investors. But not all of them ...