Think

BDC Common Stocks Market Recap: Week Ended August 2, 2019

Posted by Nicholas Marshi, BDC Reporter on Aug 5, 2019 9:42:31 AM

BDC COMMON STOCKS

Schizophrenic

In a week where BDC common stock prices should have been all about the results coming out of the first week of earnings season, there were other forces at play.

The Fed cut rates in the most telegraphed move since the invention of the telegraph itself and the Trump Administration returned to tariff wielding.

Without getting into the whys, the result was that the major indices fell out of bed – again.

The S&P 500the Nasdaq and the Dow Jones indices were all off between (2.5%) and (3.8%).

For the S&P, this was the worst week of 2019 and all the major indices dropped below their 50 Day Moving Averages, according to CNBC.

Read More

Topics: Loans, Analytics, BDC, market analytics, business development company, News, bdc reporter, research

BDC Common Stocks Market Recap: Week Ended July 26, 2019

Posted by Nicholas Marshi, BDC Reporter on Jul 30, 2019 1:25:02 PM

BDC COMMON STOCKS

Range Bound

We’re committed to writing a weekly assessment of where the BDC common market stands because a lot can happen in a short time.

Miss the signals of a change in market direction and investors can fall behind/miss out in just a few days and not have another opportunity for months or even years.

We don’t have to look far back in time for a helpful example.

Between December 24, 2018 and January 10, 2019 BDCS – our proxy for the sector – moved up more than 10%.

That’s a whole year of dividend income in 12 business days.

Read More

Topics: Loans, Analytics, BDC, market analytics, business development company, News, bdc reporter, research

BDC Common Stocks Market Recap: Week Ended July 19, 2019

Posted by Nicholas Marshi, BDC Reporter on Jul 23, 2019 10:09:20 AM

BDC COMMON STOCKS


All Together Now

The week was not a good one for the major indices, all of which were down in the period. The BDC sector was not spared, with both indicators we use for price and total return in the red.

The UBS Exchange Traded Note, which includes most every public BDC – with the ticker BDCS – was off (0.25%). Likewise, the all-inclusive Wells Fargo BDC Index was down by (0.74%).

Thirty one individual BDC issues dropped in price, and just fourteen were unchanged or increased. The week before 28 issues had increased in price and 37 the week before that.

Read More

Topics: Loans, Analytics, BDC, market analytics, business development company, News, bdc reporter, research

BDC Common Stocks Market Recap: Week Ended July 12, 2019

Posted by Nicholas Marshi, BDC Reporter on Jul 15, 2019 12:07:43 PM

Summary

  • On one hand, BDC index prices moved up again. On the other hand, other data we use to measure investor enthusiasm for the BDC sector was unmoved.
  • We seek to reconcile this contradictory picture, while looking forward.
Read More

Topics: Loans, Analytics, BDC, market analytics, business development company, News, bdc reporter, research

BDC Common Stocks Market Recap: Week Ended July 5, 2019

Posted by Nicholas Marshi, BDC Reporter on Jul 8, 2019 2:30:00 PM

BDC COMMON STOCKS

Total Return Milestone

This may have been a holiday shortened week, but there was notable news where BDC sector pricing was concerned.

Read More

Topics: Loans, Analytics, BDC, market analytics, business development company, News, bdc reporter, research


Are you using AdvantageData?

AdvantageData is your fixed income solution for pricing, analytics, reports, and insight on approximately:

  • 500,000+ U.S. and international corporate bonds
  • Over 6,200+ CDS reference entities
  • Over 22,000+ syndicated loans
  • Over 100 equity markets worldwide
  • One platform 16 products and services from debt to CDS to loans to mid-market
  • Used by top buy and sell-side firms worldwide

 

Subscribe to Email Updates

Recent Posts