Jul 23, 2014 by Jordan WathenAn Investor Exodus is Great for These StocksInvestors are dumping bank loans hand over fist, which could bode well for high-yield BDCs.
Jul 23, 2014 by Jordan WathenThe Anatomy of a Modern Pump and DumpHow pump and dumps have turned into an easy-access casino.
Jul 22, 2014 by Jordan WathenWhy Travelers Companies Inc Got SmackedTravelers Companies Inc. showed some weakness, but the long-term thesis is still in tact. Travelers is a great underwriters.
Jul 21, 2014 by Jordan WathenThe 100% Yields at Main Street Capital CorporationA look at some of Main Street Capital's biggest winners over history.
Jul 19, 2014 by Jordan WathenMore Money, PleaseBDCs are back at the table to seek new money, but is growing the balance sheet coming at the cost of existing shareholders?
Jul 19, 2014 by Jordan WathenThe Government's Gift to These Big Dividend StocksThe SBA plays an integral role in financing smaller, high-yield business development companies.
Jul 16, 2014 by Jordan WathenWill THL Credit Inc. Cut Its Dividend This Quarter?A dividend cut at THL Credit Inc. is in the cards as yields trend down and nonaccruals surge.
Jul 16, 2014 by Jordan WathenBig and Small Opportunities in High-Yield StocksThe differences between lower middle market and upper middle market investments for high-yield business development companies.
Jul 16, 2014 by Jordan WathenThe Only Reason I Don't Own Visa Inc or MasterCard IncVisa and MasterCard are excellent businesses, but they're almost too good at what they do.
Jul 15, 2014 by Jordan WathenWhat Are You Really Buying When You Buy Apollo Investment Corporation?A look into Apollo Investment Corporation's largest holdings, and its historical performance.
Jul 14, 2014 by Jordan WathenFed Tapering: Who Cares?Why the Fed tapering might have minimal impact on long-term interest rates for the foreseeable future.
Jul 14, 2014 by Jordan WathenProspect Capital Corporation: How and Why It GrowsProspect Capital Corporation is a consistent client of Wall Street, raising new money by issuing shares to the public. Here's how its president and COO, Grier Eliasek, thinks about growth for growth's sake.
Jul 14, 2014 by Jordan WathenProspect Capital Corporation's 30% YielderProspect Capital is the only BDC investing in peer-to-peer lending. What's it see that others do not?
Jul 13, 2014 by Jordan WathenAre You Willing To Pay $50 for a Better Credit Score? Try a Credit Builder LoanHow a credit builder loan can improve your credit report, giving you a higher credit score. You'll pay for it, though -- our review suggests an average cost of $46.
Jul 12, 2014 by Jordan WathenAmerican Capital Ltd. Builds on Its Best BusinessAmerican Capital Ltd. closes another managed CLO, building on its best-performing unit: structured credit.
Jul 9, 2014 by Jordan WathenFifth Street Finance Corp.: Buy After a Dividend Increase?Fifth Street Finance announces a 10% dividend increase, putting the dividend back on track to potentially hit its 2013 levels.
Jul 8, 2014 by Jordan WathenBank of America Corp's Booming BusinessBank of America's retail bank gets most of the attention, but its investment banking activities are important, too.
Jul 8, 2014 by Jordan WathenFS Investment Corp. Tests the Debt-Offering WatersFS Investment is testing the waters with a new debt offering that could mark a shift in its funding sources.
Jul 7, 2014 by Jordan WathenThe Downside of 10% Dividend YieldsBusiness development companies offer fat yields, but investors should mind the inherent weaknesses of the structure.
Jul 7, 2014 by Jordan WathenHow This New Regulation Will Boost Prospect Capital Corporation's BusinessBank regulations keep most banks out of the buyout business. This could be good for BDCs, which don't have to follow strict regulatory oversight from the Federal Reserve or OCC.