Belden Inc. (BDC)

BDCs have already experienced a notable correction. The sector median P/NAV metric indicates ~12% discount to NAV. Many players are priced even below that.

MISSION WOODS, Kan.--(BUSINESS WIRE)--Palmer Square Capital BDC Inc. (NYSE: PSBD) (“Palmer Square” or the “Company”), an externally managed business development company, today announced that its Board...

Chicago Atlantic BDC remains a Hold due to weak dividend coverage and increased reliance on PIK interest income. LIEN's portfolio is heavily concentrated in the cannabis sector, with 78% exposure, and...

14 BDCs have base dividend coverage levels between 100% and 105%. 16 BDCs have them already below 100%. Given the unfavorable future earnings outlook, a system-wide BDC dividend cutting process is ver...

We take a look at the action in business development companies through the first week of September and highlight some of the key themes we are watching. BDCs were mostly down on the week as valuations...

NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc. (the “Company,” “we,” “us” or “our”), a business development company (Nasdaq: GBDC), announced that it has priced an underwritten public offering of ...

Blue Owl Capital Corporation remains a hold, offering an attractive 11.7% dividend yield but facing declining NAV and modest earnings growth. OBDC's portfolio is well-diversified, with 98% floating ra...

In December 2023, I opened a position in Gladstone Capital, which I then closed exactly 1 year later, capturing ~40% in total returns. In late 2024, I decided to rotate out because of the aggressive P...

Trinity Capital is downgraded to a hold as it now trades at a 21.4% premium to NAV, its highest since inception. TRIN's portfolio quality remains strong with stable non-accruals, declining PIK interes...

GBDC delivered an as-expected quarter with stable NAV and minor NII outperformance, supporting the safety of its 2025 dividend. The portfolio remains healthy, with non-accruals modestly below sector a...