dedicated to credit strategies, with a particularly strong direct lending platform through business development company Ares Capital . With regulators putting pressure on traditional banks to restrict lending to highly leveraged entities, Ares can pursue
US$, GDX, gold, RTH ; short Singapore dollar Cohen: CRI, FDX, DGX, AYI, PANW, Siemens [SIE.ge/ SIEGY ] Rogers [Brian]: BA, GE, HES, L, MAT, VMC Black: VIAB, MSCC, CUBI, ARCC More later ....
Ares has filled this niche through Ares Capital , its business development company ..... industry giant Allied Capital, which Ares Capital acquired in 2010, struggled mightily ..... the firm's obligations. However, Ares Capital is focused on lending rather than purchasing
lower oil/gas prices. Preferred: BAC.PW, WFC.PQ CEFs: MIN, DMO [there is a mix up in the text with IGI ]. BDCs: ARCC , AINV [13% energy exposure] Pg 23: Improvements are discussed in the platforms at Capital One/Sharebuilder, TD Ameritrade
JPM, PFE, GE, MSFT, CSCO, INTC, BAC , ETF SCHD [table shows SCHB but SCHD is meant] Specialized REITs: RLJ, EPR ; MLPs: MEMP, PAA ; Preferred: BAC.PW, WFC.PQ CEFs: MIN, DMO ; BDCs: ARCC , AINV More later ....
the fees now make up more than 90% of Ares’ revenue base, much higher than the roughly 50/50 split we see at peers. Ares Capital , which is externally managed by Ares Management, and which generated 20% of Ares’ management fees, looks well positioned
2.13 8.50% NRF-E 8.69% $25.19 $2.19 8.75% ARCC now at must buy price for high yield income investors. It ..... A basket of the three below would be the best idea, imho. ARCC 9.84% 1.52000 15.44 AINV 10.00% 0.80000 8.00 TCPC
is there a risk of dividend being cut? Is it buy here?
complete list of 33 in alphabetical order. I will post the characteristics of this portfolio in a follow-on posting: AOD APL ARCC AWP BDCL ECT ETP FSC GGN IST KCAP KMI MORL NBRXF O PAUIX PFF PGH PMMTF PSEC REM RIG SDIV SDRL SFL TNH VAIPX VGR VNR VPGDX VWEHX
MID-2013 DROP (little or no recovery since): FTF LDLFX ERC LITTLE OR NO MID-2013 DROP / OTHER EFFECT: ETO ETJ PNNT AMLP ECF SU KMI UTF EOS DBC VNR GNT NFJ BDCL PSEC NCV CHY CHI GAB EXG LCM SQL STK IRR GGE NMFC HNW ARCC LRE TICC MO JPM