Morgan Stanley Direct Len... (MSDL)

We take a look at the action in business development companies through the first week of April and highlight some of the key themes we are watching. BDCs faced significant losses, with average returns...

BDCs have been pushed into the (on average) ~19% discount territory. In my view, steep discounts are justified for the majority of the BDCs. Yet, for some (high-quality ones) the market has gone too f...

BDCs have performed worse than the S&P 500. It is logical since private credit is per definition a high-risk asset class. All in all, many BDCs are in trouble.

The business development company, or BDC, sector's strong run appears to be coming to an end. The dividend party may be over, and I share one sector favorite whose dividend may surprisingly be in trou...

NEW YORK--(BUSINESS WIRE)--Morgan Stanley Direct Lending Fund (NYSE: MSDL) ("MSDL”), a business development company externally managed by MS Capital Partners Adviser Inc., today announced it will rele...

Morgan Stanley Direct Lending's investment yields and net investment income margin pressures continue, and I do not think they are likely to reverse the trend soon. MSDL's existing investments portfol...

The emergence of tariffs have brought value/quality into the spotlight. Investors are flocking to value, which makes sense. However, investing in value does not necessarily have to be geared towards t...

A leading hedge fund billionaire is increasingly bearish on the stock market—find out what he's buying instead. We discuss the overlooked strategy that smart money is betting on to crush stagflation r...

These three investor favorites are quietly flashing red warning signals. Find out which popular income plays could be primed for painful pullbacks. We also discuss better alternatives for each one.

Income investing can be like treasure hunting in many ways. I detail 2 great income picks that offer high yields that are well-covered by cashflow. Both carry investment grade credit ratings and offer...