TCRD News and Press, THL Credit Inc. From 02/06/20

BOSTON, Feb. 06, 2020 (GLOBE NEWSWIRE) -- First Eagle Alternative Credit, LLC today announced the final closing of its fourth middle-market direct lending fund, THL Credit Direct Lending Fund IV (“Fund IV”), with $782 million of available investment capacity including levera...

Investors have favored high-dividend BDC stocks like THL Credit, Inc. ( TCRD ) recently as they look for returns. However, they need to be wary when investing in high yields stocks and pay attention to the fundamentals before investing. In the last six years, TCRD’s net asset value per ...

BOSTON, Jan. 28, 2020 (GLOBE NEWSWIRE) -- Eagle Growth and Income Opportunities Fund (the "Fund") ( NYSE : EGIF) today announced the adjournment of its Special Meeting of Shareholders scheduled to be held on January 21, 2020, as initially adjourned to January 27, 2020.  The adjourne...

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 ...

Contributor Note: The information used in this article was as of January 23, 2020, and pricing has changed as I suggested that my subscribers sell or at least trim current positions of MRCC and wait for the company to report Q4 results (see dates below). The stock was headed down on the morn...

Foreword A reader of August's high-yield, low priced dividend dog list said this is "dangerous advice." Hence it is to be used at your own risk. I have always advised that high dividends are a sure sign of high risk. Combine that signal with a low-price offer and you have the stuff of le...

BOSTON, Jan. 10, 2020 (GLOBE NEWSWIRE) -- Eagle Growth and Income Opportunities Fund (the “Fund”) ( NYSE : EGIF) today announced the declaration of its monthly distribution of $0.085 per common share, payable on January 31, 2020.  Based on the Fund’s share price of...

Last year, I presented a series of articles discussing how to build a retirement portfolio using Business Development Companies ("BDCs") including: Part 1 discussing Monroe Capital ( MRCC ), Owl Rock Capital Corporation ( ORCC ), and TPG Specialty Lending ( TSLX ). Part 2 dis...

Foreword A reader of August's high-yield, low priced dividend dog list said this is "dangerous advice". Hence, it is to be used at your own risk. I have always advised that high dividends are a sure sign of high risk. Combine that signal with a low-price offer and you have the stuff of l...

THL Credit (NASDAQ: TCRD ) authorizes a new share repurchase program for up to $10M of its outstanding common stock, effective Dec. 17, 2019. More news on: THL Credit, Financial stocks news, Stocks on the move, Read more ...