Summary
A pull-back in the BDC sector in this holiday shortened week, and a couple of unexpected developments.
To the BDC Reporter, though, the outlook remains the same.
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In the semi-official, Labor Day shortened, first week back after the summer holidays, the BDC sector dropped back a little.
The UBS Exchange Traded Note with the ticker BDCS – which we use to measure the whole group – was off 1.0% to end at $20.79.
Likewise, the Wells Fargo BDC Index was down 1.05%.
The number of BDC stocks up in price, or at least unchanged, numbered just 14, versus 27 last week.
No BDC common stock increased more than 3.0% in price on the week, but three dropped by 3.0% or greater.
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