Yield Tracking Update 21: Exploring Gladstone Investment's 7%-Plus Baby Bonds
High-Yield, Low-Duration Picks in a Post-BDC Crash Market
In our ongoing series, we're diving into investments that offer big returns in a snap. After the BDC market took a hit, there are some resilient players that held their ground and continue to dish out tantalizing risk-adjusted yields. Today's focus lands on Gladstone Investment Corporation.
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Strong Performers in the BDC Universe
After the BDC market crash, various Business Development Companies (BDCs) have proved their mettle, delivering attractive risk-adjusted yields. A few of these power players include:
- ARES Capital Corporation (ARCC) – Boasting a yield of approximately 6.74% and a market cap exceeding $878 million, this BDC has a recent stock price of $21.91.[1]
- FS KKR Capital Corp (FSK) – With a stock price of $21.17 and offering a yield of around 4.57%, this BDC is another contender.[1]
- TCPC (Triangle Capital) – This BDC offers a yield of roughly 6.43% and has a recent stock price of $9.36.[1]
- TriplePoint Venture Growth BDC Corp. – Offering a jaw-dropping yield of 18.2%, this BDC stands out as a high-yield powerhouse.[5]
Gladstone Investment Corporation – A Rock Solid Performer
Gladstone Investment Corporation is one such tenacious BDC that's earned its spot in the limelight. Known for its unwavering dividend payments and focus on small to medium-sized businesses, this company doesn't disappoint income-focused investors. Although specific yield details are scant, Gladstone Investment shines as an attractive option for those in search of a solid income stream.[3]
The BDC's primary objective is to provide financing solutions for middle-market companies, which promises a steady income flow. However, hard data about Gladstone Investment's yield or performance relative to other BDCs remains elusive in the search results.[3]
When it comes to Gladstone Capital Corporation (GLAD), it has a stock price of $30.12 and a yield of approximately 6.15%. This shows that Gladstone Capital is a stable performer with a reliable dividend yield.[1] It's essential to note that Gladstone Investment and Gladstone Capital are separate entities, each with their unique performance metrics.
In essence, Gladstone Investment stands strong as a reliable investment option with income potential, while Gladstone Capital promises a stable dividend yield, making both entities appealing to income-oriented investors.
Investing in Gladstone Investment Corporation could provide a solid income stream for those focused on personal-finance, given its reputation for unwavering dividend payments and financing small to medium-sized businesses. In the field of finance, Gladstone Investment is an attractive option for those seeking a stable investment in the post-BDC crash market.
