NMFX News and Press, New Mountain Finance Corporation 5.75% Notes due 2023 From 09/03/20

Introduction This article is part of a series discussing how to build a retirement portfolio using Business Development Companies ("BDCs") currently yielding almost 12% and their safer notes - baby bonds/preferred shares with yield-to-maturities ranging from 6.5% to 10.0%. Please see the...

Introduction This article is part of a series discussing how to build a retirement portfolio using Business Development Companies ("BDCs") currently yielding almost 12% and their safer notes - baby bonds/preferred shares with yield-to-maturities ranging from 6.5% to 10.0%. Please see the...

Introduction Source: CD rates I imagine most retirees have given up holding many CDs unless they have a specific need sometime in the near future, and I covered a tactic for that option in a prior article . My father-in-law bought his first stock and bond funds after the 2008 crash that...

New Mountain Finance Corporation (NMFC) Q2 2020 Earnings Conference Call August 6, 2020 10:00 am ET Company Participants Rob Hamwee - Chief Executive Officer Adam Weinstein - Executive Vice President, Chief Administrative Officer and Director John Kline - President, Chief Operati...

The following slide deck was published by New Mountain Finance in conjunction with their 2020 Q2 earnings Read more ...

Quick BDC Market Update As mentioned in previous articles, I'm expecting many Business Development Companies ("BDCs") to report net asset value "NAV" increases , adequate dividend coverage, and reaffirming current dividends . Please see " Upcoming NAV Changes For The BDC Sector Yield...

Quick BDC Market Update As mentioned in previous articles, I' m expecting many BDCs to report stronger-than-expected results including net asset value "NAV" increases , adequate dividend coverage, and reaffirming current dividends . Please see " Upcoming NAV Changes For The BDC Secto...

Quick BDC Market Update As mentioned in previous articles, I was expecting Business Development Company ("BDC") pricing to pull back from recent highs for various reasons including profit-taking and a partial return to "risk-off" mode. Clearly the potential for additional or rene...

As we all know very well, the coronavirus has shut down economic activity across the world, impacting nearly all businesses, but hitting small businesses especially hard. This has had a direct effect on the balance sheets of business development companies (or BDCs for short). For the uniniti...

Introduction: Over the coming months, I will have a series of articles discussing how to build a retirement portfolio using Business Development Companies ("BDCs") currently yielding over 12% and their safer notes - baby bonds/preferred shares with yield-to-maturities ranging from 6.5% t...