GAINZ News and Press, Gladstone Investment Corporation 4.875% Notes due 2028 From 08/03/23

2023-08-03 06:15:00 ET Summary This article discusses dividend coverage for two of the larger and more well-known BDCs currently yielding around 10% including supplemental dividends. I own both of these for the reasons discussed below including credit quality, previous dividend in...

2023-08-01 12:48:02 ET Summary This article discusses TRIN which I have started active coverage assessing the sustainability of the dividend, portfolio credit quality, and quality of management, used to set target prices. TRIN is internally managed with the potential for growing i...

2023-07-26 11:50:40 ET Summary This article discusses dividend coverage for two BDCs currently yielding around 10% including supplemental dividends. I own both of these for the reasons discussed below including dividend increases and recently announced supplemental dividends. ...

2023-07-22 00:23:56 ET Summary With Ares Capital about to kick off BDC earnings season (Tues pre-market), we share updated comparative data on 40+ big-yield BDCs. After considering current market conditions (rates, credit spreads, fear-greed), we consider Ares' growing non-accrual...

2023-07-05 09:46:46 ET Summary The tightening of financial conditions has led to a decrease in preferred stock and ETD offering activity, with no new preferred stocks offered in June and only one new ETD. Capital Southwest offered $62.5 million worth of 7.75% senior notes due 2028...

2023-07-04 08:22:45 ET Summary NNN and GAIN are two income investments that have rewarded long-term investors. Going forward, both of these names can continue to reward investors with income and potential appreciation over time. Both are trading at valuations that make them wo...

2023-06-22 07:35:00 ET Summary The rate hiking cycle is near the end. The Fed's hawkishness has caused great companies to issue high-yield bonds. Business Development Companies have structural rules that prevent over-leveraging. BDC bonds are a great buying opportunity. ...

2023-06-07 12:46:58 ET Summary Part 1 of this article compares ARCC’s recent quarterly change in NAV, quarterly and trailing 12-month economic return, NII, and current valuation to 14 business development company peers. Part 1 also performs a comparative analysis between ea...

2023-06-04 08:26:34 ET Summary We take a look at the action in preferreds and baby bonds through the fourth week of May and highlight some of the key themes we are watching. Preferreds were roughly flat as Tech strength offset broader weakness due to rising Treasury yields. Ga...

2023-06-01 14:47:43 ET Summary Tightening financial conditions have led to a significant decrease in preferred stock and ETD offering activity, with only one new preferred stock offered in May. Allstate issued non-cumulative perpetual preferred shares with a fixed 7.375% dividend ...