HRZN News and Press, Horizon Technology Finance Corporation From 09/19/23

2023-09-19 05:30:00 ET Summary This is a series of articles discussing retirement portfolios using BDCs currently yielding around 12% and their safer notes, baby bonds/preferred shares with yield-to-maturities ranging from 6% to 9%. We discuss the interest expense and asset covera...

Horizon Technology Finance Management Expands Origination Team PR Newswire FARMINGTON, Conn. , Sept. 18, 2023 /PRNewswire/ -- Horizon Technology Finance Management LLC ("Horizon"), the manager and investment adviser for Horizon Technology Finance Corporation (NAS...

2023-09-18 05:30:00 ET Summary This is a series of articles discussing retirement portfolios using BDCs currently yielding around 12% and their safer notes, baby bonds/preferred shares with yield-to-maturities ranging from 6% to 9%. This article discusses the interest expense and ...

SONEX HEALTH CLOSES SERIES B FINANCING TO EXPAND PHYSICIAN AND PATIENT ACCESS TO MINIMALLY INVASIVE TREATMENT FOR CARPAL TUNNEL SYNDROME PR Newswire EAGAN, Minn. , Sept. 13, 2023 /PRNewswire/ -- Sonex Health , a leader in the ultrasound-guided treatment of co...

2023-08-31 05:00:00 ET Summary Venture-focused BDCs like Horizon Technology Finance have seen fluctuations in valuation since March. Horizon Technology Finance primarily invests in technology, life science, and healthcare companies, with a focus on debt positions. The BDC's di...

2023-08-30 10:42:15 ET Summary Prospect Capital Corporation reported results yesterday but has delayed its 10-K filing likely for the reason discussed below. Prospect Capital is currently trading at the lowest multiple of NAV (35% discount) due to being a lower-quality business de...

2023-08-29 07:58:57 ET Summary One of the largest mistakes that investors make is focusing on historical dividend coverage instead of projected dividend coverage. This article discusses ARCC's dividend coverage comparing the recently reported results to my base, best, and worst pr...

2023-08-28 12:56:25 ET Summary Horizon is currently paying its common shareholders an 11.1% dividend yield. This is paid out on a monthly distribution schedule and only formed 61% of the BDC's net investment income for its recent second quarter. NAV declined on a per-share bas...

2023-08-22 13:04:27 ET Summary Many BDCs have been reducing their fee structures, which has been attracting higher quality and institutional investors to the sector. We recently sent out a "Buy" recommendation discussing GBDC's reduction in management fees driving increased divide...

2023-08-20 03:41:45 ET Summary Business development companies like Horizon Technology and TriplePoint Venture Growth have seen strong growth due to their floating-rate portfolios and demand for alternative financing. Concerns about the risk of defaults on portfolio holdings have p...