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Recent Articles:
- Projected BDC Returns Vs. Risk
- The Total Return BDC Portfolio: Q3 2013
- Fidus Investment: Higher Total Returns?
- BDC Rankings: October 2013
- The Debt Ceiling Debate And Interest Rates
I decided to hold off an extra day for this newsletter to take into account the market reaction on Monday with updated prices. I will provide pricing updates for all my portfolios later this week. For a complete index of BDCs that I follow and associate articles please visit “List of 25 BDCs” – I will update as articles are published.
The new ‘Total Return’ portfolio: a portfolio for investors that want it all – steady sustainable and growing regular dividends, high likelihood of incremental special dividends, and share price appreciation, without having to babysit their investments. Another key consideration is the tax treatment of the returns which I will cover in future articles.
BDC Market Update
With the U.S. government still partially shutdown and the debt-ceiling debate heating up this week there is a potential for a downgrading by various credit agencies. As the debate continues, market volatility will increase as it did in 2011. Please read “The Debt Ceiling Debate And Interest Rates” for more. The Treasury predicts the U.S. will hit the ceiling around October 17th and a default would likely cause some investors to sell baskets of high yielding stocks regardless of the underlying fundamentals. This should be seen as an opportunity to buy BDCs for the long term. Also the Fed statements have signaled a top of some kind with dips in-between and the next statement is due October 30th.
Projected Total Return Compared to Expected
