As investors, we don't have a crystal ball. The world moves so fast that nobody knows for sure what is going to happen next week, let alone five or 10 yearsThis article was co-produced with Kody Kester.Introducing iREIT®Join iREIT® on Alpha today to get the most in-depth research that includes REITs, mREIT, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers. Our iREIT® Tracker provides data on over 250 tickers with our quality scores, buy targets, and trim targets.We recently added an all-new Rating ...

Australia's central bank advances Project Acacia to test CBDCs, tokenized asset settlement https://t.co/EtSD0KdSim ...

soon, they will take your money for your "own good"their CBDCs will scale this tyranny to the maxit is time for unstoppable private moneyEuropean Central Bank (@ecb):There is an urgent need to channel retail savings into capital markets to develop those markets and finance EU priorities. An EU savings standard could increase retail participation, benefiting savers, boosting investment and supporting strategic priorities. ...

One of my friends loves Costco ( COST ), and I recently asked him why he goes shopping there so often. This guy is a somewhat reclusive character who is extremely frugal and is known for pickingIntroducing iREIT®Join iREIT® on Alpha today to get the most in-depth research that includes REITs, mREIT, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers. Our iREIT® Tracker provides data on over 250 tickers with our quality scores, buy targets, and trim targets.We recently added an all-new Ratings Tracke ...

Core Insights - Business Development Companies (BDCs) are publicly-traded firms that lend to small businesses and are mandated to return at least 90% of taxable income to shareholders as dividends [3][4] - BDCs offer high yields, with some providing returns up to nearly 13% [2] - The article highlights three specific BDCs that are trading below their net asset value (NAV) while offering substantial dividends [3] BDC Overview - BDCs were created by Congress to serve as new lenders to small businesses, similar to Real Estate Investment Trusts (REITs) [3] - They are characterized by their requirement to distribute a significant portion of their income as dividends, making them attractive for income-focused investors [3] High-Yield BDC 1: BlackRock TCP Capital Corp. (TCPC) - TCPC focuses on middle-market companies with enterprise values between $100 million and $1.5 billion and has a diverse portfolio of 146 companies [4] - The investment mix is primarily in first-lien debt (83%), with 94% of its debt being floating-rate [5] - TCPC has faced challenges, including a recent dividend cut and a high level of non-accrual loans at 12.6% [10][9] High-Yield BDC 2: Crescent Capital BDC (CCAP) - CCAP is associated with Crescent Capital Group and invests in 191 portfolio companies, primarily in first-lien debt (91%) [11][12] - The company has a complex dividend history, with recent changes in special dividends and a focus on undistributed taxable income [13][14] - CCAP is currently trading at a 23% discount to NAV, with an 11% yield on the base dividend [16] High-Yield BDC 3: PennantPark Floating Rate Capital (PFLT) - PFLT targets midsized companies with annual EBITDA between $10 million and $50 million and has a portfolio of 190 companies [17][18] - Approximately 90% of PFLT's portfolio consists of floating-rate first-lien debt [19] - The company pays monthly dividends with a yield of nearly 12%, but its dividend coverage is tight, with a 97% payout ratio [21][20]

Joseph Shaefer is a geopolitical, economic, and resource analyst. He is a retired military Flag Officer with deep experience in Special Operations and Intelligence. He is also a former university professor and a retired Senior V.P. at Charles Schwab & Co. He is today the leader of the investing group The Investor's Edge®. His approach to investing is both specific and universal. On one end of the "barbell" he makes especially deep dives into Energy, Resources, Aerospace and Defense, and Infrastructure. On t ...

The Self-Storage sector in the U.S. has grown in size to a massive 2 billion square feet of space and over 33,000 facilities. The market remains fragmented, with the top 10 largest companies controlling around 36% of the totalIntroducing iREIT®Join iREIT® on Alpha today to get the most in-depth research that includes REITs, mREIT, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers. Our iREIT® Tracker provides data on over 250 tickers with our quality scores, buy targets, and trim targets.We recently ...

It's often said that money doesn't grow on trees. In the literal sense, leaves on a tree are a naturally regenerating resource in abundance, whereas money is a man-made creation.This article was co-produced with Kody Kester.Introducing iREIT®Join iREIT® on Alpha today to get the most in-depth research that includes REITs, mREIT, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers. Our iREIT® Tracker provides data on over 250 tickers with our quality scores, buy targets, and trim targets.We recently a ...

Group 1 - The article highlights a correlation between the percentage of the population that can swim and the level of GDP per capita, as indicated by OECD data [1] - It suggests that higher swimming proficiency within a population may contribute to economic prosperity [1] Group 2 - There is no relevant content regarding company or industry analysis in the provided documents [2][3]

Group 1 - The article presents a bullish perspective on investing in high-quality Business Development Companies (BDCs), highlighting their attractive double-digit yields and uncorrelated income streams [1] - Roberts Berzins has over a decade of experience in financial management, focusing on helping top-tier corporates with financial strategies and large-scale financings [1] - Berzins has contributed to the institutionalization of the REIT framework in Latvia, aiming to enhance the liquidity of pan-Baltic capital markets [1] Group 2 - The article mentions Berzins' involvement in developing national SOE financing guidelines and frameworks to channel private capital into affordable housing [1] - Berzins holds a CFA Charter and an ESG investing certificate, indicating a strong background in investment analysis and sustainable investing [1] - His experience includes an internship at the Chicago Board of Trade, showcasing a diverse financial background despite residing in Latvia [1]