Trinity Capital offers a diversified asset mix and floating-rate exposure, making it a compelling passive income vehicle in a higher-for-longer rate environment. Consistent dividend coverage and a 14%...

I maintain my buy rating on Goldman Sachs BDC due to its strong dividend coverage, diverse portfolio, and attractive valuation despite recent price declines. GSBD's portfolio is well-constructed, with...

NEW YORK--(BUSINESS WIRE)--Golub Capital BDC, Inc., a business development company (NASDAQ: GBDC, www.golubcapitalbdc.com), announced today that it will report its financial results for the quarter en...

The BDC universe is small and a large chunk of it is uninvestable for institutional money managers. This renders the sector susceptible to emotional and unsubstantiated flows that ultimately create di...

Golub Capital BDC's conservative portfolio, focusing on first-lien debt, faces challenges from decreasing interest rates but maintains solid dividend coverage. GBDC's diversified borrower base and uni...

I am downgrading my rating on Barings BDC due to a slight uptick in non-accruals, lower earnings, and weaker dividend coverage. Despite a 10.7% dividend yield and a well-diversified portfolio, I expec...

REITs and BDCs are solid asset classes through which to facilitate income-oriented strategies. However, investors have to be still careful of not assuming excessive risks that might lead to unexpected...

TriplePoint Venture Growth BDC had a challenging 2024, with a high non-accrual ratio and significant realized losses impacting its stock value and net asset value. Despite these issues, recent improve...

BDC Weekly Review: Private Credit Will Be $40 Trillion In 5 Years, Says Apollo

We take a look at the Q3 numbers from the Barings BDC. Barings BDC trades at a 14% discount to book, offers a 10.6% dividend yield, and has a stable NAV over the last few years. Net investment income ...

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB- to Crescent Capital BDC, Inc.'s (“CCAP” or “the company”) $115 million senior unsecured notes due in 2028 and 2030. The n...

Hercules Capital's premium to NAV is justified by its strong two-decade performance, technology focus, and potential for record-breaking growth in 2025. The BDC's high recurring interest income and su...

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...

We take a look at the action in business development companies through the second week of December and highlight some of the key themes we are watching. BDCs were flat this week with CSWC and PSEC und...

In December 2023, I issued my first relatively bearish article on GSBD. The argument was that GSBD lacked the financial firepower to grow. Since then, GSBD has underperformed the BDC market by ~20%.

Fidus Investment offers an attractive 8.4% forward yield with supplemental dividends, making it a solid choice for income-focused investors despite lacking upside catalysts. The BDC's portfolio value ...

MENLO PARK, Calif.--(BUSINESS WIRE)--TriplePoint Venture Growth BDC Corp. (NYSE: TPVG) (the “Company” or “TPVG”), the leading financing provider to venture growth stage companies backed by a select gr...

Truist raised the firm's price target on Belden to $148 from $136 and keeps a Buy rating on the shares. The firm reiterated a cautious semiconductor and artificial intelligence sector view, but is mor...

We take a look at the action in business development companies through the first week of December and highlight some of the key themes we are watching. BDCs experienced a slight decline this week, but...

Oaktree Specialty Lending reported a $0.01 per share miss in net investment income for Q4, but the BDC managed to support its dividend with NII. Despite rising non-accrual percentages, the BDC's chang...