As predicted in previous articles, business development companies ("BDC") continue to outperform the overall markets in 2019 with an average total return of around 22%. However, there is a wide range of results, and I will briefly discuss some of the reasons why as well as compare to the retur...

This article discusses Ares Capital ( ARCC ) and its Baby Bond " AFC " that currently yield 9.0% and 6.6%, respectively. Also discussed is the potential for additional unrealized losses for ARCC from its portfolio companies that have been previously marked down including equity positions w...

Over the coming months, I will be discussing baby bonds and p referred shares for business development companies ("BDCs") that currently yield around 6% (please see the list at the end of the article for individual Bonds/shares) and much less volatile than stocks (currently yielding 10%)....