Business development companies continue to be my favorite place to capture a high yield because of their easily understood business models and risk profiles. However, recent interest rate cuts have recently exposed a ton of weakness in theFinancial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 10 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering strategies to utilize various investment vehicl ...

Bain Capital Specialty Finance (NYSE: BCSF ) is a business development company investing mainly in the US, Europe, and other regions. I believe the market is missing out on BCSF. It doesn't receive enough attention and coverage, which I don't quite understand, as BCSF:Welcome to Cash Flow Venue, where dividends do the heavy lifting! Blending my financial chops with the timeless wisdom of value investing (and love for steady income), I’ve built a rock-solid pillar in my financial foundation through dividend ...

Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Q3 2024 Earnings Conference Call November 6, 2024 9:30 AM ET Company Participants Katherine Schneider - Director, Investor Relations Michael Ewald - Chief Executive Officer Mike Boyle - President Amit Joshi - Chief Financial Officer Conference Call Participants Paul Johnson - KBW Derek Hewett - Bank of America Operator Good day, everyone, and welcome to today's Bain Capital Specialty Finance Third Quarter Ended September 30, 2024 Earnings Conference Call. At ...

Bain Capital Specialty Finance, Inc. Third Quarter Ended September 30, 2024 Earnings Presentation BAIN CAPITAL SPECIALTY FINANCE, INC. Disclaimer In this material Bain Capital Credit, LP, Bain Capital Credit (Asia), Limited, Bain Capital Credit (Australia), Pty. Ltd., Bain Capital Credit, Ltd., Bain Capital (Ireland) Limited, Bain Capital Investments (Europe) Limited, Bain Capital Credit CLO Advisors, LP, Bain Capital Credit U.S. CLO Manager, LLC, and BCSF Advisors, LP are collectively referred to as "Bain ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Delaware 814-01175 81-2878769 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.) Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.001 per share BCSF New York Stock Exchange FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 2 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 814-01175 BAIN CAPITAL SPECIALTY FINANCE, INC. (Exact Name of Registrant as Specified in its Charter) Title of each class Trading Symbol(s) Name of each exchange ...

A financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding the industry, and strive to provide readers with ample research and investment opportunities.Analyst’s Disclosure: I/we have a beneficial long position in the shares of BCSF either through stock ownership, options, or other derivatives. I wrote this ...

Bain Capital Specialty Finance, Inc. (NYSE:BCSF) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Katherine Schneider - Director, Investor Relations Michael Ewald - Chief Executive Officer Mike Boyle - President Amit Joshi - Chief Financial Officer Conference Call Participants Derek Hewett - Bank of America Paul Johnson - KBW Operator Please stand by. Your program is about to begin. [Operator instructions]. Good day, everyone, and welcome to today's Bain Capital Specialty Fina ...

Investment Performance - Net investment income per share for Q2 2024 was $0.51, with an annualized NII yield on book value of 11.6%[5] - Net income per share for Q2 2024 was $0.45, equating to an annualized return on book value of 10.2%[5] - Total investment income for Q2 2024 was $72.3 million, a decrease from $74.5 million in Q1 2024[13] - Net investment income for Q2 2024 was $33.1 million, or $0.51 per share, compared to $34.0 million, or $0.53 per share, in Q1 2024[13] - Total investment income for the six months ended June 30, 2024, was $146,770, compared to $150,452 for the same period in 2023[24] - Net investment income before taxes for the six months ended June 30, 2024, was $69,242, compared to $72,762 for the same period in 2023[24] - Net increase in net assets resulting from operations for the six months ended June 30, 2024, was $64,185, compared to $58,456 for the same period in 2023[24] Investment Portfolio - Total fair value of investments as of June 30, 2024 was $2,237.5 million, a decrease from $2,406.0 million as of March 31, 2024[2] - Investments on non-accrual declined to 1.2% of the total investment portfolio at amortized cost and 1.0% at fair value as of June 30, 2024[5] - Net investment fundings for Q2 2024 were $(167.0) million, compared to $107.1 million in Q1 2024[8] - BCSF has invested approximately $7.8 billion in aggregate principal amount of debt and equity investments since commencing operations[25] Financial Position - Total assets decreased to $2,414,847 as of June 30, 2024, compared to $2,472,348 as of December 31, 2023[20] - Total liabilities decreased to $1,272,302 as of June 30, 2024, compared to $1,335,882 as of December 31, 2023[20] - Net asset value per share increased to $17.70 as of June 30, 2024, compared to $17.60 as of December 31, 2023[20] - The Company's debt-to-equity and net debt-to-equity ratios as of June 30, 2024 were 1.03x and 0.95x, respectively, compared to 1.19x and 1.09x as of March 31, 2024[16] Credit Facility and Commitments - The Company increased commitments under its Sumitomo Credit Facility to $855.0 million from $665.0 million and extended the maturity date to May 18, 2029[5] Dividends - The Company declared a dividend of $0.42 per share for the third quarter of 2024, payable to stockholders of record as of September 30, 2024[5] Expenses - Interest and debt financing expenses for the six months ended June 30, 2024, were $35,687, compared to $40,009 for the same period in 2023[24] - Base management fee for the six months ended June 30, 2024, was $17,587, compared to $18,026 for the same period in 2023[24] - Incentive fee for the six months ended June 30, 2024, was $17,156, compared to $15,118 for the same period in 2023[24]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 814-01175 BAIN CAPITAL SPECIALTY FINANCE, INC. Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange ...