CION News and Press, CION Investment Corporation From 06/13/23

CION Ares Management LLC, a joint venture between affiliates of CION Investments (“CION”), a leading manager of alternative investment solutions for individual investors, and Ares Management Corporation (“Ares”), a leading global alternative investment manager, announc...

2023-05-23 08:30:26 ET Summary SPE currently trades at an above average 17.3% discount to NAV. Way above its normal range. SPE has issued a 2.75% convertible preferred for leverage that also currently trades at a significant discount to par value. The fund recently modified it...

2023-05-16 04:35:25 ET Summary BDCs that specialize in financing venture capital and growth stage companies such as TRIN and HTGC stand to benefit from the failure of banks such as Silicon Valley Bank. Trinity Capital is especially attractive for long-term total returns while it t...

2023-05-13 21:48:01 ET CION Investment Corporation (CION) Q1 2023 Earnings Conference Call May 10, 2023 11:00 ET Company Participants Michael Reisner - Co-Chief Executive Officer Gregg Bresner - President and Chief Investment Officer Keith Franz - Chief Financial...

2023-05-10 09:47:36 ET Cion Investment ( NYSE: CION ) declares $0.34/share quarterly dividend , in line with previous. Forward yield 14.26% Payable June 15; for shareholders of record June 1; ex-div May 31. See CION Dividend Scorecard, Yield Chart, & Divi...

2023-05-10 09:20:21 ET Cion Investment press release ( NYSE: CION ): Q1 NII of $0.54. Total investment income of $64.98M (+55.8% Y/Y) beats by $13.24M . Net asset value per share was $15.11 as of March 31, 2023 compared to $15.98 as of December 31, 2022. The decrea...

Total Investment Income Surges During Q1, Out-Earning the Base Distribution by 59% Announces Second Quarter 2023 Distribution of $0.34 per Share CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today reported financial results for th...

2023-04-16 09:45:29 ET Summary CION makes investments in middle market companies to generate market beating returns due to their expertise in private credit and rigorous lending practices. CION has outperformed most of its peer BDCs over the past 6 months including ARCC, ORCC, FSK...

2023-04-10 11:45:58 ET Summary SPE regularly trades at a discount, but that discount has been widening significantly. The fund suffered in 2022, as did most equities and bonds, but held up relatively better than the market. With a larger weighting to CEFs, the fund also had to...

Call Scheduled for 11:00 a.m. ET on Wednesday, May 10, 2023 CION Investment Corporation (NYSE: CION) (“CION”) announced today that it will report its financial results for the first quarter ended March 31, 2023, on Wednesday, May 10, 2023, prior to the opening of the finan...