2024-02-24 04:39:25 ET
Summary
- We take a look at the action in business development companies through the third week of February and highlight some of the key themes we are watching.
- BDCs experienced a strong 2% total return this week, recovering from previous weakness.
- Investors should consider sustainable sources of performance apart from traditional investment income that can create a competitive advantage for BDCs.
- We highlight BBDC bond issuance and PSEC results.
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: Keep An Eye On Sustainable Sources Of Outperformance