CGBD News and Press, TCG BDC Inc. From 01/27/20

TCG BDC, Inc. ( CGBD ) is a sell. Investors have favored TCG BDC, Inc. for a while due to its increasing net investment income ((NII)) and high dividend. Over the last 5 years, the stock has seen a 30% decline in its NAVPS and 20-25% decline in market price. This past quarter’s (Q3 20...

The other day I covered business development companies in " BIZD: As High-Yield Credit Spreads Fall, BDCs Will Perform Well " that explained why I believe BDCs are a solid bet over the next few months and how the ETF BIZD is a decent way to make that bet. While I like BIZD, I believe that ...

Contributor Note: The information used in this article was as of January 23, 2020, and pricing has changed as I suggested that my subscribers sell or at least trim current positions of MRCC and wait for the company to report Q4 results (see dates below). The stock was headed down on the morn...

NEW YORK, Jan. 22, 2020 (GLOBE NEWSWIRE) -- TCG BDC, Inc. (“TCG BDC”) (NASDAQ: CGBD) will host a conference call at 8:30 a.m. EST on Wednesday February 26, 2020 to announce its fourth quarter 2019 financial results. A news release containing the quarterly results will be issue...

The following article is a follow-up to " Building A Retirement Portfolio With 6% To 9% Yield: Part 2 " that compared Capital Southwest ( CSWC ) and TCG BDC, Inc. ( CGBD ). Also briefly discussed near the end is its Baby Bond that trades publicly on the NASDAQ under the symbol “CS...

Last year, I presented a series of articles discussing how to build a retirement portfolio using Business Development Companies ("BDCs") including: Part 1 discussing Monroe Capital ( MRCC ), Owl Rock Capital Corporation ( ORCC ), and TPG Specialty Lending ( TSLX ). Part 2 dis...

Commentary In my 2018 Full Year Report , I stated the following; “The last time the portfolio performance went negative in 2015, the following year the portfolio went up 26%. The same performance condition setup is happening again. Will we get a big price jump in 2019? I do no...

TCG BDC (NASDAQ: CGBD ) issues $115.0M of 4.75% notes due 2024 at par. More news on: TCG BDC, Inc., Financial stocks news, Read more ...

NEW YORK, Dec. 30, 2019 (GLOBE NEWSWIRE) -- TCG BDC, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “TCG BDC” or the “Company”) (NASDAQ: CGBD) today announced that it has issued $115.0 million aggre...

Taxes and Business Development Companies ("BDCs") Business Development Companies ("BDCs") were created by Congress in 1980 to give investors an opportunity to invest in private small and mid-sized U.S. companies typically overlooked by banks. Their non-bank structure gives them the flexi...