TCRD News and Press, THL Credit Inc. From 10/07/19

BOSTON, Oct. 07, 2019 (GLOBE NEWSWIRE) -- THL Credit, Inc. (NASDAQ: TCRD) (the “Company"), announced today that it will report its financial results for the third fiscal quarter ended September 30, 2019 after the market closes on Monday, November 4, 2019. The Company will host a c...

As predicted in previous articles, business development companies ("BDC") continue to outperform the overall markets in 2019 with an average total return of around 22%. However, there is a wide range of results, and I will briefly discuss some of the reasons why as well as compare to the retur...

Alternative credit investment manager THL Credit Advisors (NASDAQ: TCRD ) closes its second middle-market collateralized loan obligation, THL Credit Lake Shore CLO II, at $306M. More news on: THL Credit, Financial stocks news, Read more ...

BOSTON, Sept. 23, 2019 (GLOBE NEWSWIRE) -- THL Credit Advisors LLC ("THL Credit"), a leading alternative credit manager with $17 billion of AUM, today announced that it has closed THL Credit Lake Shore CLO II at $ 306 million (“Lake Shore II”). The offering represents THL Cre...

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%)....

TCPC Dividend Yield & Coverage Update BlackRock TCP Capital Corp ( TCPC ) has a higher yield due to its previous net asset value ("NAV") declines (discussed later) driving lower stock prices coupled with paying a higher dividend relative to its NAV as shown below: TCPC consistent...

Potential Pullback in Treasuries? For 2019, the iShares 20+Year Treasury ETF ( TLT ) has almost outperformed the S&P 500 Index, as measured by the SPDR S&P 500 ETF ( SPY ) but that is likely coming to end and others agree as the open interest for the Sept. 20 TLT puts continues to ...

BOSTON, Sept. 10, 2019 (GLOBE NEWSWIRE) -- THL Credit Advisors, LLC (“THL Credit” or the “Company”) today announced that it has developed and begun utilizing a new investment framework for assessing environmental, social, and governance (“ESG”) ...

BOSTON, Sept. 09, 2019 (GLOBE NEWSWIRE) -- Eagle Growth and Income Opportunities Fund (the “Fund”) ( NYSE : EGIF) today announced the declaration of its monthly distributions of $0.08 per common share, payable on September 30, 2019. Based on the Fund’s share price of $1...

For business development companies, Q2 was a negative quarter in terms of credit quality as non-accruals and KBW watchlist investment increased while book value declined, write Keefe, Bruyette & Woods analysts Ryan Lynch and Paul Johnson in KBW's BDC Credit Monitor. More news on...