- We take a look at the action in BDCs through the third full week of October and highlight some of the key themes we are.
- October is shaping up to be a terrific month for BDCs - the best since April - as the sector has powered through the recent rise in Treasury yields.
- Higher-valuation BDCs have outpaced the sector as their valuations have increased this quarter by more than those of lower-valuation BDCs which may leave some investors overextended.
- We take a look at the PSEC profile of NAV returns and recent OFS baby bond issuance.
For further details see:
BDC Market Weekly Review: Expensive BDCs Further Outpace The Sector