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Main Street Capital Has The Ingredients For Superior Economic Return, Says B Riley FBR
Wednesday, March 28, 2018 - 11:12am | 381Main Street Capital Corporation (NYSE: MAIN) has materially grown its net asset value and dividend, resulting in a higher return relative to all other business development company peers, according to B Riley FBR. The Analyst Analyst Tim Hayes initiated coverage of Main Street Capital...
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Terms Of The Trade: What Is A BDC?
Tuesday, August 9, 2016 - 6:36am | 311Many novice investors are unfamiliar with the concept of a business development company, or BDC for short. As is always the case, investors should broaden their scope of knowledge instead of missing out on a fast growing and potentially lucrative segment. See also: Investing for Beginners A...
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Prospect Capital Shares Volatile Following Negative Report From SIRF's Roddy Boyd
Monday, August 8, 2016 - 3:14pm | 470The Southern Investigative Reporting Foundation (SIRF)'s Roddy Boyd published on Monday a scathing report on Prospect Capital Corporation (NASDAQ: PSEC), a non-diversified closed-end investment company. The report initially sent shares tumbling to an intra-day low of $8.08, but shares since...
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The Lay Of The Land For A BDC ETF
Tuesday, May 24, 2016 - 12:21pm | 563High-yielding business development companies (BDCs) are one of the asset classes benefiting from the Federal Reserve's lower for longer interest rate policy this year. That much is confirmed by a 9.5 percent rise over the past 90 days for the VanEck Vectors BDC Income ETF (NYSE: BIZD). BDC ETFs...