- We take a look at the action in BDCs through the first week of November and highlight some of the key themes we are seeing.
- The BDC sector delivered a strong 1% return over the first week of November reflecting upbeat earnings reports.
- We highlight some of the key themes of the sector by zeroing in on their impact on CSWC.
- We continue to find the BDC sector attractive within the broader income space, however investors have to be mindful of key risks.
- These include excessive valuation levels in parts of the sector, the negative impact of rising rates, exposure to continued supply chain and trade issues and more.
For further details see:
BDC Weekly Market Review: A Busy Earnings Week Reinforces Key Themes