CEF

Hercules Capital: Big Commitments, Big Premium And Big Software Risk (Archive)

Hercules combines record growth with rich valuation and concentrated, potentially fragile software exposure.

PDI: A Decent Income Investment (Archive)

Income-focused PDI offers juicy yield, but limited edge versus a more risk-on S&P 500.

My Pecking Order For Eagle Point Credit Securities (Archive)

Risk-on tilt toward CLO equity while favoring fixed-maturity preferreds over common shares.

Eagle Point Credit: Why I'm Buying The Notes And Preferreds But Avoiding The Common Stock (Archive)

Risk-aware CLO credit strategy prioritizing resilient cash flows to safeguard downside.

Oxford Lane Capital: Q3 Results Confirms My Optimism On Deal Activity (Archive)

Record deal growth and rising CLO reinvestment periods, but dilution tempers per-share upside.

Oxford Lane Capital Q2 FY25 Preview: Expecting Vibrant Deal Activity (Archive)

Poised to gain from vibrant CLO deal growth amid reasonable premium-to-NAV valuations.

Eagle Point Credit: Mixed Signals, But Net Bullish (Archive)

ECC’s extended reinvestment periods and lower premium to NAV support resilient, attractive yields.