2024-07-19 23:59:57 ET
Summary
- We take a look at the action in business development companies through the second week of July and highlight some of the key themes we are watching.
- BDCs had a solid week with an 0.8% average total return.
- Early indicators of Q2 earnings results from Saratoga Investment and PennantPark show solid performance, suggesting positive total NAV returns for the sector.
Welcome to another installment of our BDC Market Weekly Review, where we discuss market activity in the Business Development Company ("BDC") sector from both the bottom-up - highlighting individual news and events - as well as the top-down - providing an overview of the broader market....
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For further details see:
BDC Weekly Review: Early Earnings Guidance Is Bullish For The Sector