ByDuane Batcheler:
This is Part 9 of a series of articles that compare the risk profiles for the 25 business development companies ("BDCs") recently covered in my "The Good, The Bad, And The Maybe" series and focuses on the portfolio yields and credit quality trends for Solar Senior Capital (SUNS), Horizon Technology Finance (HRZN), PennantPark Floating Rate Capital (PFLT), Golub Capital (GBDC), and Fifth Street Finance (FSC).
Previous Risk Profile Articles:
- Part 1 - Portfolio Asset Classes and Non-Accrual Rates
- Part 2 - Volatility Ratios
- Part 3 - Leverage
- Part 4 - Insider and Institutional Ownership
- Part 5 - Industry Diversification
- Part 6 - Interest Rate Sensitivity
- Part 7 - Credit Quality [BlackRock Kelso Capital (BKCC), KCAP Financial (KCAP), PennantPark Investment (PNNT), Apollo Investment (AINV), and Solar Capital (SLRC)]
- Part 8 - Credit Quality [Medley Capital (MCC), New Mountain Finance (NMFC), Ares
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