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 fourteen business development company ("BDC") peers. This analysis will show past and current data with supporting documentation within two detailed tables. Table 1 will compare ARCC's recent net asset value ("NAV") economic return, net investment income ("NII"), stock price to annualized NII ratio, and percentage of total investment income attributable to capitalized payment-in-kind ("PIK") income to the fourteen BDC peers. Table 1 will also provide a