MCV News and Press, PhenixFIN Corp 6.125% Senior Notes 03/13/2023 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 ...

Introduction In this monthly article, I review all the baby bonds, listed on a national exchange, sorted into several categories. There are 193 issues in our database that trade on primary exchanges. Since there is no common ETF for baby bonds only, I'll examine the two largest primary excha...

NEW YORK, Dec. 16, 2019 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (TASE: MCC) (the “Company”) today announced financial results for the quarter and year ended September 30, 2019. Fourth Quarter Highlights Net investment loss of $(0.15) per share Adjus...

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...

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...

Over the coming months, I will be discussing baby bonds and p referred shares for business development companies ("BDCs") that currently yield around 6% (please see the list at the end of the article for individual Bonds/shares) and much less volatile than stocks (currently yielding 10%)....

It's been over a year since the 8/9/2018 announcement that Medley Management ( MDLY ) and Medley Capital ( MCC ) were planning to merge with Sierra Income to form the 2nd largest internally managed Business Development Corporation. These are all related companies. MDLY now manages both MCC...

NEW YORK , Aug. 14, 2019 /PRNewswire/ -- Medley Management Inc. (NYSE: MDLY) today reported its financial results for its second quarter ended June 30, 2019 . Highlights Fee earning assets under management were $2.5 billion as of June 30, 2019 Total assets under managem...

NEW YORK, Aug. 08, 2019 (GLOBE NEWSWIRE) -- Medley Capital Corporation (NYSE: MCC) (TASE: MCC) (the “Company”) today announced financial results for its third fiscal quarter ended June 30, 2019. Third Quarter Highlights Net investment loss of $(0.07) per share Adjusted...

NEW YORK , July 29, 2019 /PRNewswire/ -- Sierra Income Corporation ("Sierra" or the "Company"), Medley Capital Corporation (NYSE: MCC, "MCC") (TASE: MCC), and Medley Management Inc. (NYSE: MDLY, "MDLY" or "Medley") today announced that they have entered into definitive amended agreements ...