Watchlist

Watchlist
Ares Capital Corporation (ARCC)
Ares Capital Corporation (ARCC)
I Repurchased This 10%-Yielding VC Tech-Exposed BDC
The information in this article discussing Hercules Capital ( HTGC ) was previously made available to subscribers of Sustainable Dividends , along with target prices and buying points, real-time changes to my personal BDC positions, updated rankings and risk profile, real-time announcemen…
FS Investment Corp: Insider Buying, 9.9% Yield, 25-35% Upside
Summary FS Investment Corp. ( FSIC ) is a very well run business development company ((BDC)) that has generated solid ROEs since inception but has suffered in the past year due to spread compression and lower fee-based earnings. From roughly $1.00 in annual NII/share (Net Interest Income o…
Ares Capital Corporation Schedules Earnings Release for the Fourth Quarter and Fiscal Year Ended December 31, 2017
Ares Capital Corporation (Ares Capital) (NASDAQ:ARCC) announced today that it will report earnings for the fourth quarter and fiscal year ended December31, 2017 on Tuesday, February13, 2018 prior to the opening of the Nasdaq Global Select Market. Ares Capital Corp…
Ares Capital Corporation Prices Public Offering of $600.0 Million 4.250% Notes Due 2025
Ares Capital Corporation (Nasdaq:ARCC) announced that it has priced an underwritten public offering of $600.0 million in aggregate principal amount of 4.250% notes due 2025. The notes will mature on March 1, 2025 and may be redeemed in whole or in part at Ares Capitals option at any …
The A-Team: End Of December 2017 Monthly Review; A Farewell Goodbye
Background During the first quarter of 2016, I went on a shopping spree. Following a collapse in valuations of regulated investment corporations (RICs) I bought many beaten-up names, especially within these sub-segments: Business Development Corporations ("BDCs"; BIZD , BDCS ) Mortga…
The Q4 2017 High-Yield RIC Portfolio Update: Featuring EU Regulation Trolls!
Hello and welcome back to my portfolio update, where every quarter I give the readers an update on the portfolio, the value changes, the transactions, the dividend changes, and the plan going forward. Reasoning, Strategy & Goal For new readers, you may want to check out my intro…
The 8% Income Portfolio: 2017 Year-End Review
Some background: This income-centric portfolio was launched in October of 2014 with two simple goals. The primary goal of this portfolio was to provide roughly an 8% income while preserving the capital. The secondary goal was to provide some capital appreciation over the long term (please …
Rising Rates Driving Higher Earnings In The High-Yield BDC Sector
Interest Rate Sensitivity "Interest rate sensitivity refers to the change in earnings that may result from changes in the level of interest rates. Because we fund a portion of our investments with borrowings, our net investment income is affected by the difference between the rate at w…
The Brown Bag Portfolio Year End Review
Brown Bag Portfolio: 2017 in Review The Brown Bag Portfolio started July 2016 and I began writing about it a year later. There have been a number of changes throughout that time, most having to do with my philosophy of investing. I began my investing journey with predictable results: I chase…
Ares: Top Yield On Conservative Company, With Earnings Turning Up
Ares Capital (ARCC) is the largest and one of the most conservative of the Business Development Companies (BDCs). BDCs lend money to small- and medium-sized businesses, and, like REITs, provided they pay out essentially all of their net income as dividends, they are not taxed at the corpor…
Leveraging For Profit: Ares Capital And Apollo Investments
The Power of Leverage and More Most businesses include financial leveraging to maximize profits. This practice is centuries old. Financial leverage occurs when businesses add debt to acquire new assets. Companies do so because the interest rate on the debt is less than the asset percenta…
Ares Capital Corporation (ARCC)