CGBD News and Press, TCG BDC Inc. From 12/11/19

On December 9, 2019, Goldman Sachs BDC ( GSBD ) announced a merger of GSBD and MMLC, an affiliated BDC managed by Goldman Sachs Asset Management, L.P. ("GSAM"). The transaction will result in increased earnings, special dividends in 2020, increased diversification, reduced non-accruals, appr...

BDC Total Returns As predicted in previous articles, business development companies ("BDC") continue to do well with an average total return of almost 24%. However, there is a wide range of results and the market has started to pullback. The table below shows the total returns by BDC usi...

Introduction This is Part 2 describing my experience with a SWAN “Sleep Well At Night” 100% high-yield portfolio. Price is not the focus of my investment strategy since price is controlled by market sentiment. Essentially, price is manipulated at times by emotion, based on sh...

Since the Financial Crisis in 2008, the performance of publicly-listed private equity firms has been subpar. They have gained from low-interest rates, but have generally underperformed the market due to often misplaced value investments and occasionally failed attempts at shareholder activism....

In October, I presented a series of articles discussing how to build a retirement portfolio using Business Development Companies ("BDCs") currently yielding over 10% and their safer baby bonds/preferred shares currently yielding around 6%. Part 1 discussed Monroe Capital ( MRCC ), Owl R...

Introduction With less than two months left to the year I can estimate organic income growth for 2019 at 5.2%. The growth is created by reinvesting surplus dividends after removing about 60% of the dividends for household expenses. The income gain is despite seven dividend reductions from ...

TCG BDC, Inc. (CGBD) Q3 2019 Earnings Conference Call November 6, 2019 08:30 am ET Company Participants Daniel Harris - Head, Investor Relations Linda Pace - President Taylor Boswell - Chief Investment Officer Tom Hennigan - Chief Financial Officer and Chief Risk Officer Con...

Image source: The Motley Fool. TCG BDC, Inc.   (NASDAQ: CGBD) Q3 2019 Earnings Call Nov 6, 2019 , 8:30 a.m. ET Operator Continue reading

The following slide deck was published by TCG BDC, Inc. in conjunction with their 2019 Q3 earnings Read more ...

TCG BDC (NASDAQ: CGBD ): Q3 GAAP NII of $0.45 beats by $0.05 . Total investment income of $55.78M (-1.8% Y/Y) beats by $1.82M . Press Release More news on: TCG BDC, Inc., Earnings news and commentary, Financial stocks news,