Generating Yields Without Stretching For Risk
A lot of income investing comes down to maximizing the yields on offer while minimizing the risks investors are required to take to achieve those yields. In this post, we …
Generating income with a systematic investment approach
A lot of income investing comes down to maximizing the yields on offer while minimizing the risks investors are required to take to achieve those yields. In this post, we …
Year-to-date the HY CEF sector is down about 12% in total NAV terms versus only about 6% for the Loan CEF sector. This dynamic as well as the long-awaited rise …
In this quick post we highlight why we have initiated a position in the Golub BDC (GBDC) – a Business Development Company with a 8.6% dividend yield and strong historic …
A good question is whether the CEF market behavior of the last few weeks can be described as capitulation. Capitulation can be a useful market dynamic to gauge because it …
With a credit-focused portfolio, a small equity footprint, modest leverage, and no non-accruals, Oaktree Specialty Lending (OCSL) is an attractive BDC hold given the elevated level of uncertainty over the …
Rising interest rates have been hard to miss for income investors. 10Y Treasury yields have almost doubled since the start of the year and risen above 3% – a development that …
One of the most dramatic repricings we have seen this year is the rise in short-term rates. Over the past 6 months, the 2Y Treasury yield rose from 0.27% to …
Sharply rising short-term rates remain one of the key themes of the income space. For CEF investors the most direct impact of this development will be via higher leverage costs …
In this post we provide a brief update for Carlyle Secured Lending (CGBD) – a BDC currently trading at a 11.5% total dividend yield. More in-depth updates are published on our …
In this post we highlight the Credit Suisse Asset Management Income Fund (CIK) trading at an 8% discount and a 9.7% current yield. CIK has been the best or nearly …