The Motley Fool

AUGUST 11, 2023

Morgan Asset Management, released a report that compared the returns of publicly traded companies initiating a dividend and growing their payout over a period of 40 years (1972 to 2012) to publicly traded companies that didn't offer a dividend over the same time line. This leverage also supports the company's juicy payout.

Debt 246

Debt Investing Legal Leveraging 246

The Motley Fool

JULY 18, 2024

The company basically owns a portfolio of mortgages and makes money off the spread between the yield of its investments and the short-term funding costs to buy them. It locks in the spreads with hedges and then uses leverage to increase its returns. It's also grown its net-asset value (NAV) by 130% since 2007. in June.

Earnings Before Interest 241

Earnings Before Interest Amortization Depreciation Leveraging 241

The Motley Fool

JANUARY 5, 2024

One of the best ways to create wealth is by investing in companies that pay a dividend. While many different types of companies pay dividends, business development companies (BDCs) represent a unique opportunity. The company's 9.6%

Mergers and Acquisitions 246

Mergers and Acquisitions Leveraged Buyouts Due Diligence Portfolios 246

Private Equity Wire

APRIL 16, 2024

While leverage and covenants are holding up, spreads are expected to come under more pressure. Middle market credit performance outperformed Fitch’s expectations last year, although there are signs of more divergence in credit metrics for business development companies (BDCs).

Banks 97

Banks Leveraging Business Development Companies Prospects 97

The Motley Fool

JANUARY 4, 2024

Spirit Realty's CRE portfolio will complement Realty Income's existing assets, while allowing the combined company to further diversify beyond retail. BDCs are businesses that invest in small- and micro-cap companies (collectively known as "middle-market companies"). History offers comfort for investors, as well.

Debt 246

Debt Investing Assets Capital 246

Private Equity Insights

SEPTEMBER 28, 2023

Centerbridge Partners and Wells Fargo & Company announced they are entering into a strategic relationship focused on direct lending to non-sponsor North American middle market companies. As a leader in U.S. It also expects to benefit from Wells Fargo’s long-term relationships, extensive client base and leading position in U.S.

Funds 130

Funds Financing Finance Capital 130

The Motley Fool

APRIL 20, 2024

One type of business that income-focused investors might have come across is the business development company (BDC) , which invests in the debt and equity of middle-market companies. These values can go up and down based on the performance of the underlying assets.

Capital 130

Capital Initial Public Offering Debt Collateral 130

The Motley Fool

MARCH 17, 2024

But with so many opportunities out there, it's challenging to identify companies that both pay dividends and consistently perform at a high level. One good place to source ideas is to look at business development companies (BDCs). He owns a position in Ares in his secret portfolio -- through New England Asset Management.

Leveraged Buyouts 130

Leveraged Buyouts Exchange-Traded Funds Private Equity Firms Private Equity Firms 130

The Motley Fool

NOVEMBER 30, 2023

Another reason income investors can trust Annaly is its focus on agency assets. While this added protection does lower the yield Annaly receives on the MBSs it purchases, it also enables the company to prudently leverage its investments. An "agency" security is backed by the federal government in the unlikely event of default.

Debt 240

Debt Initial Public Offering Leveraging Capital 240

The Motley Fool

AUGUST 25, 2023

Net-interest margin" refers to the average yield AGNC nets from its owned assets less the average yield on what it's borrowed. However, there is light at the end of the tunnel for AGNC, and this good news should provide a lift to the company's shares sooner than later. Furthermore, all but $1.1

Debt 246

Debt Initial Public Offering Investing Capital 246

The Motley Fool

JUNE 18, 2023

Since their inception in the 1980s by an act of Congress, business development companies (BDCs) have often delivered market-beating total returns for shareholders. This is because the company can leverage its investment-grade balance sheet to take out loans at reasonably low interest rates.

Capital 130

Capital Startups Investing Shareholders 130

Private Equity Insights

MARCH 17, 2023

It has vaulted to the top rungs of the alternative-asset management world by focusing on what it does best: private credit. Yet, like its peers, Ares feels compelled to diversify into other asset classes, such as real estate, infrastructure, and private equity. Ares Management Corp. billion last year.

Pension Funds 130

Pension Funds Buyout Leveraged Buyouts Asset Management 130

The Motley Fool

MARCH 6, 2024

dividend yield Hercules Capital (NYSE: HTGC) is a business development company (BDC) that specializes in providing capital to venture-backed start-ups. The company specializes in more complex transactions such as leveraged buyouts , for example. Hercules Capital: 10.6%

Leveraged Buyouts 246

Leveraged Buyouts Initial Public Offering Shareholders Exchange-Traded Funds 246

Blackstone

NOVEMBER 16, 2023

4 To discuss the opportunities in this rising asset class and how to navigate the benefits and challenges of higher-for-longer rates, I welcome, as indicated below, the perspectives of Jonathan Bock, Co-CEO of Blackstone’s Business Development Companies (BDCs) and Global Head of Market Research for Blackstone Credit.

Leveraging 52

Leveraging Banks Debt Leveraged Buyouts 52

Pension Pulse

JANUARY 31, 2024

Nevertheless, the more NBFIs look like banks – for example, with open-ended short-term funding, high levels of leverage, significant derivative exposures – the more liquidity they should hold and be required to hold. Those are the publicly traded asset classes that private credit is most comparable to. The fund has ballooned to $50.7

Banks 59

Banks Pension Funds Financial Institutions Investing 59

Pension Pulse

JULY 11, 2024

It gets back to the ability to grow the operating performance of the companies and making sure that returns” come from that rather than from “financial leverage,” he tells Bloomberg. We’re seeing a slow-grinding implosion of this titanic asset bubble that started in 2012,” says Dan Zwirn, CEO at Arena Investors. McKinsey and Co.

Buyout 59

Buyout Debt Leveraging Pension Funds 59

Pension Pulse

SEPTEMBER 28, 2023

This is all part of an asset allocation decision to diversify into agriculture as rates stay higher for longer. To meet the alternative credit needs of this segment, Centerbridge intends to launch Overland Advisors to manage a newly formed business development company that will be primarily focused on making senior secured loans.

Shareholders 52

Shareholders Financing Finance Banks 52

The Motley Fool

JANUARY 23, 2024

Mortgage REITs like Annaly want to borrow money at low short-term lending rates and use this capital to buy higher-yielding long-term assets, such as mortgage-backed securities (MBS). Not having the nation's central bank as a buyer of MBSs opens the door for Annaly to land more lucrative MBSs for its own asset portfolio.

Debt 245

Debt Public Companies Capital Assets 245