Core Viewpoint - The article emphasizes the importance of a hybrid investment strategy that combines classic dividend growth stocks with other asset classes like Business Development Companies, REITs, and Closed End Funds to enhance investment income while achieving total returns comparable to traditional index funds [1]. Investment Strategy - The company advocates for a diversified approach to investing, suggesting that a solid base of dividend growth stocks can be effectively supplemented with alternative investments to boost overall returns [1]. - The strategy aims to achieve a total return that aligns with the performance of the S&P index, indicating a balanced focus on both income generation and capital appreciation [1].

Core Insights - The article emphasizes the importance of a hybrid investment strategy that combines classic dividend growth stocks with Business Development Companies, REITs, and Closed End Funds to enhance investment income while achieving total returns comparable to traditional index funds. Group 1: Investment Strategy - A solid base of classic dividend growth stocks can be complemented with other asset types to create a balanced portfolio [1] - The hybrid system developed allows for capturing total returns that align with the performance of the S&P index [1] Group 2: Investment Focus - The focus is on high-quality dividend stocks and assets that provide potential for long-term growth and income generation [1] - The strategy aims to boost investment income effectively while maintaining a total return that is competitive with traditional investment vehicles [1]

As someone whose primary investment objective is income, the BDC ( BIZD ) sector is one I watch closely. I sold out of all my BDC holdings earlier this year due to anticipated headwinds from lower base rates and increased economicContributing analyst to the iREIT+Hoya Capital investment group. Dividend Collection Agency is not a registered investment professional nor financial advisor and these articles should not be taken as financial advice. This is for educational purposes only and I encourage everyone t ...

Teamwork, diversity and sales manager planning branding ideas with a creative designer on a laptop in an office. Logo, collaboration and businessman talking to an employee about a development projectgettyThe manic market just dumped business development companies (BDCs), again. These three dividend stocks paying up to 11.7% are poised to bounce back when sanity returns.BDCs, which lend money to small businesses, are on the “outs” with the Wall Street suits after multiple soft jobs reports. The spreadsheet j ...

Samuel Smith has a diverse background that includes being lead analyst and Vice President at several highly regarded dividend stock research firms and running his own dividend investing YouTube channel. He is a Professional Engineer and Project Management Professional and holds a B.S. in Civil Engineering & Mathematics from the United States Military Academy at West Point and has a Masters in Engineering from Texas A&M with a focus on applied mathematics and machine learning.Samuel leads the High Yield Inve ...

Research analysts who wish to participate in the conference call are requested to register a day in advance or at a minimum 15 minutes before the start of the call using the following URL: https://register.vevent.com/register/BId48596b4c82440e48cc3c575f06d7b1a. Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique PIN number that can be used to access the call. An investor presentation of fi ...

Group 1 - Kayne Anderson BDC, Inc. (NYSE: KBDC) has been identified as a top first-lien focused BDC pick for an extended period [1] - The article highlights the experience of Roberts Berzins in financial management and his contributions to the development of capital markets in Latvia [1] - Berzins has been involved in institutionalizing REIT frameworks and developing national SOE financing guidelines [1] Group 2 - The article does not provide any specific financial data or performance metrics related to KBDC or the broader industry [2][3]

Core Insights - The article emphasizes the importance of a hybrid investment strategy that combines classic dividend growth stocks with Business Development Companies, REITs, and Closed End Funds to enhance investment income while achieving total returns comparable to traditional index funds [1]. Group 1: Investment Strategy - The company advocates for a diversified approach to investing, focusing on high-quality dividend stocks that provide long-term growth potential [1]. - A hybrid system is proposed, blending growth and income investments to optimize total returns [1]. - The strategy aims to achieve total returns that are on par with the S&P 500 index, indicating a balanced risk-return profile [1].

Core Viewpoint - Golub Capital BDC, Inc. is set to report its financial results for the quarter and year ending September 30, 2025, on November 18, 2025, after market close [1] - An earnings conference call will be held on November 19, 2025, at 10:00 a.m. Eastern Time to discuss the quarterly financial results [1] Financial Reporting - The financial results will cover the quarter and year ended September 30, 2025 [1] - The announcement of the earnings conference call indicates a structured approach to communicate financial performance to stakeholders [1]

Core Insights - Saratoga Investment Corp. reported a 3.6% increase in Net Asset Value (NAV) and a 0.4% increase in NAV per share from the previous quarter, reflecting strong financial performance [1][3] - The company achieved a quarterly Return on Equity (ROE) of 13.8%, resulting in a Last Twelve Months (LTM) ROE of 9.1%, which surpasses the Business Development Company (BDC) industry average of 7.3% [1][3] - The Zollege investment has returned to accrual status, with only one investment remaining on non-accrual status, representing 0.2% of the portfolio at fair value [1][4] Financial Performance - As of August 31, 2025, total assets under management (AUM) were $995.3 million, a decrease of 4.4% year-over-year but an increase of 2.8% from the previous quarter [2][5] - Total investment income for the quarter was $30.6 million, down 28.8% from $43.0 million year-over-year and down 5.2% from $32.3 million in the previous quarter [5][6] - Net Investment Income (NII) per share was $0.58, reflecting a decrease from $1.33 year-over-year and $0.66 from the previous quarter [2][5] - Earnings per share (EPS) for the quarter was $0.84, compared to $0.97 in the same quarter last year [2][5] Portfolio and Investment Activity - The fair value of the portfolio increased by $3.8 million during the quarter, with the core non-CLO portfolio marked up by $3.9 million [4][6] - The company originated $52.2 million in new investments during the quarter, while principal repayments totaled $29.8 million [2][5] - The portfolio composition included 84.3% in first lien debt, indicating a focus on high-quality investments [13] Dividend and Shareholder Returns - The company declared a base dividend of $0.75 per share for the third quarter of fiscal 2026, maintaining a strong dividend distribution history [15][16] - The annualized second quarter dividend of $0.75 per share represents a 12.3% yield based on the stock price of $24.41 as of October 6, 2025 [2][4] Liquidity and Capital Resources - As of August 31, 2025, the company had $200.8 million in cash and cash equivalents, providing a strong liquidity position [4][14] - The total undrawn borrowing capacity, including cash and credit facilities, amounted to $406.8 million, enhancing the company's ability to pursue new investments [14]