CEF Advisors

7204 Glen Forest Drive, Suite #105 Richmond, Virginia 23226 USA   ♦   Toll-Free: (800) 356-3508 / Local: (804) 288-2482    ♦   www.CEFadvisors.com   ♦   Contact@CEFadvisors.com

Back To Fund Screener

Newtek Biz Serv Corp (NEWT)

BDC - Debt Focused

Data as of Aug. 17, 2018
Current
Market Price $23.31 (- $0.13)
NAV (June 30, 2018) $15.06 ( $0.00)
Premium / Discount 54.78% (-0.86%)
Fund Info
Inception Sept. 29, 2000
Sponsor Newtek
Website http://investor.newtek...
Phone
Objective: The Company is engaged in providing financial and business services to the small and medium sized business market.
Related Indexes
Debt-Focused Business Development Company (BDC) Index
60/40 Balanced (w/ BDCs) Index
Taxable Bond & BDC Index
Premium CEF/BDC Index
Capital & Leverage
Outstanding Shares 18,792,347
Gross Assets (Reported: June 30, 2018) $561M
Estimated Gross Assets $511M
Net Assets $283M
Market Cap $438M
Debt-to-Equity 0.8890
Total Leverage 44.67%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 19.32%
Non Lev Exp Ratio 13.91%
Gross Asset Expense Ratio 9.64%
Gross Asset Non Lev Exp Ratio 6.94%
Rel Lev Cost 6.04%
Discount Data
Average Discount (3 Yr) 8.42%
Discount Low(3 Yr) -33.07%
Discount High(3 Yr) 58.17%
Discount Rel Range 96.29%
Comp Discount 60.43
Discount St Dev (1Yr) 8.63
Z-Stat
Z-Stat (6mo) 2.66
Z-Stat (1Yr) 3.49
Z-Stat (3Yr) 2.79
Comp Z-Stat (6mo) 1.60
Comp Z-Stat (3Yr) 2.46
Distribution Data
Market Yield 7.21%
Income Yield 7.21%
Lev Adj NAV Yield 7.71%
Av Yield on Debt Investments 6.67
Distribution Frequency Q
Current Distribution $0.420
Current Income $0.420
Ex-Date 6/14/18
Payable Date 6/29/18
Div Growth (3yr) -10.64%
Dividend Change 5.0% on 5/11/18
Expected Div 8/23/18
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2017 2015 - 2017
Income 85.9% 91.1%
ST Gains 0% 0%
QDI 19.1% 34.6%
LT Gains 14.1% 8.9%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (M) $2,665
Avg Volume 30 day 111,808
Avg Volume 90 day 114,338
Volume Trend -2.21%
Comp Volume Trend 2.02%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
43.0%
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
42.0%
Price Correlation (1yr)
vs. CEFA's BDC Index
47.0%
Most Correlated Peer (Mk Pr): GBDC 54.0%
Price St Dev (1Yr) 21.1%
NAV St Dev (1Yr) 4.7%
Earnings
Earnings / Share (6/30/18) $-0.114
Adj Core NII Coverage 103.75%
1 Yr Avg NII Coverage -32.32%
1 Yr Avg Adj Core NII Coverage 108.94%
NII Trend -25.92%
Adj Core NII Trend -6.68%
Loan Specific Data
Maturity 16.40
Performance
Price Beta (2yr)
vs. S&P 500 (TR)
0.78
Price Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
0.85
Price Beta (2yr)
vs. CEFA's Debt-Focused Business Development Company (BDC) Index
0.75
Portfolio Data
Avg Libor Floor % %
% Loans with Libor Floor 0%

DISCLOSURES:

CEFData.com makes data for the universe of closed-end funds (CEFs) and business development companies (BDCs) available to its users. This material is not intended to be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. This site does not list all the risks associated with each fund. Investors should contact a fund’s sponsor for fund-specific risk information and/or contact a financial advisor before investing.

NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

This material is presented for informational purposes only. Under no circumstances is it to be considered an offer to sell, or a solicitation to buy any investment referred to on this page. While the information contained herein is from sources believed reliable, we do not represent that it is accurate or complete and it should not be relied upon as such. Past performance is not necessarily indicative of future results. All investments involve risk including the loss of principal. Returns are presented gross of investment management fees and other appropriate fees (i.e. commissions, custodial fees, etc.).

© Closed-End Fund Advisors Inc.(CEFadvisors) and CEFdata.com 2016. All rights reserved. Any copying, republication or redistribution of CEFadvisors, CEFdata.com, content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of CEFAdvisors. CEFAdvisors shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.