MCC News and Press, PhenixFIN Corp Com From 12/12/19

Focus of Article: The focus of this two-part article is a very detailed analysis comparing Ares Capital Corp. ( ARCC ) to some of the company’s business development company (“BDC”) peers (all sector peers I currently cover). I'm writing this two-part article due to the...

According to Fidelity Investments , 57% of baby boomers (born between 1946 to 1964) who manage their own portfolios are holding more stock than the company would recommend – "largely due to the bull market of the last 10 years." Fidelity Investments says that baby boomers are over...

Focus Of Article The focus of PART 1 of this article is to analyze Ares Capital Corp.’s ( ARCC ) recent results and compare a handful of the company’s metrics to thirteen business development company (“BDC”) peers. This analysis will show past and current data w...

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...

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...

NEW YORK , Nov. 14, 2019 /PRNewswire/ -- Medley Management Inc. (NYSE: MDLY) today reported its financial results for its third quarter ended September 30, 2019 . Highlights Fee earning assets under management were $2.3 billion as of September 30, 2019 Total assets unde...

Recap/Focus of Article On 11/7/2019, Main Street Capital Corp. ( MAIN ) reported quarterly net investment income (“NII”) of $0.616 per share and earnings per share (“EPS”) of $0.536. In comparison, I projected MAIN would report quarterly NII of $0.616 per share ...

Sierra Income Corporation (“Sierra” or the “Company”) today announced that its Board of Directors declared a series of monthly distributions for October, November, and December 2019 of $0.05334 per share on October 29, 2019. Stockholders of record as of each respec...

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 Rock C...

Author’s Note: Since several readers have recently asked about this topic (both in public and private), please see the following article in regards to my thoughts on Main Street Capital Corp.’s (MAIN) dividend sustainability through the first half of 2020: Main Street Capit...