GARS News and Press, Garrison Capital Inc. From 01/26/20

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...

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...

Summary Alliance Resource Partners LP ( ARLP ) is a one of those very interesting, not so common, cases, where you find yourself analyzing a company and coming up with different conclusions when it comes to different layers of the capital structure. Let us start by saying loud and clear:...

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...

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...

Surely Rough, Certainly Not a Diamond "Diamond in the rough" = a person who is generally of good character but lacks manners, education, or style; a rough diamond. Garrison Capital ( GARS ) is no diamond in the rough. This BDC is generally not of good character, and it lacks (price) stab...

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...

Nearly at the midpoint of the quarter, Political Calculations' near real-time sampling of dividend declarations from data published by Seeking Alpha and the Wall Street Journal indicates that 2019-Q4 is looking very much like 2018-Q4, just under in the count of dividend cuts announced in t...

Garrison Capital Inc. (GRAS) Q3 2019 Earnings Conference Call November 14, 2019 15:00 ET Company Participants Joseph Tansey - CEO Mitch Drucker - CIO Brian Chase - COO Conference Call Participants Presentation Operator Welcome to today's Garrison Capital Inc. Third ...