2024-05-31 23:39:37 ET
Summary
- We take a look at the action in business development companies through the fourth week of May and highlight some of the key themes we are watching.
- Rules of thumb about rising rates driving poor BDC performance has not panned out.
- We highlight the SAR dividend raise and GAIN valuation.
- We added a position in BBDC this week.
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: Rule-Of-Thumb Analysis Isn't Working