CEF Advisors AICA Event NAVigator Podcast

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

View All Indexes

02. BDC Baby Bond / Debt Index

Data as of

About the Index

This is an index for all the traded debt or leverage for publicly listed Business Development Companies (BDCs). We will rebalance this index quarterly with any new offerings in the sector as well as remove any that are called or matured, if this occurs during the quarter, we will allocate the called/matured bonds equal weight into the remaining bonds in the index The index constituents will be rebalanced each quarter.

Index Performance

Current($) Previous Day(%) 1 Week(%) 1 Month(%) 3 Month(%) 6 Month(%) 1 Year(%) 3 Year(%) 5 Year(%) 10 Year(%) MTD(%) QTD(%) YTD(%)
Price 1,507.07 0.03 0.26 1.05 1.98 5.43 10.08 4.46 5.59 0.41 1.84 1.84
* Periods greater than 1 Year are annualized.      ** On Inception Date (12/30/16), Index Price was $1,000
2024 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2024
Price 0.51 0.90 - - - - - - - - - - - - - - - - -
2023 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2023
Price 1.71 1.97 -0.94 2.74 0.41 0.24 0.84 1.49 4.27 0.49 0.29 0.31 1.09 -0.12 2.39 1.24 3.53 4.66 9.14
2022 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2022
Price 0.02 0.04 0.05 0.11 -0.49 0.06 -1.01 -1.43 -1.33 0.05 0.75 -0.77 0.02 -2.15 1.92 0.08 -0.19 -0.17 -1.49
2021 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2021
Price 0.57 0.67 1.39 2.66 0.88 -0.44 0.94 1.38 4.08 0.12 0.76 0.50 1.38 -0.06 0.83 0.08 0.84 2.24 6.40
2020 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2020
Price 0.68 -0.96 -17.78 -18.02 7.98 4.70 3.20 16.67 -4.36 1.08 4.05 1.09 6.32 0.03 3.30 1.29 4.67 11.28 6.43
2019 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2019
Price 3.25 0.35 0.78 4.42 1.14 0.49 0.23 1.86 6.37 1.11 0.22 0.89 2.23 0.32 0.05 1.31 1.68 3.95 10.57
2018 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2018
Price -0.88 -0.35 1.23 -0.01 0.90 0.15 1.01 2.08 2.07 0.52 0.64 -0.23 0.94 0.30 -0.48 -0.20 -0.38 0.55 2.64
2017 - Monthly Performance (%)
Jan Feb Mar Q1 Apr May Jun Q2 1H Jul Aug Sep Q3 Oct Nov Dec Q4 2H 2017
Price 0.88 0.62 1.19 2.71 -0.03 1.34 1.02 2.34 5.11 0.74 -0.16 -0.07 0.51 0.75 0.13 0.51 1.39 1.90 7.11

Performance Chart

Constituents


26 Funds

Ticker Name Parent Type Allocation Price Coupon Par Value Outstanding $ Avg Volume (3mo) Issuance Date Call Date Maturity Date Accrued Interest($) YTM YTC YTW
GECCM Notes due 2025 GECC Baby Bond 3.76 24.96 6.750 25.00 45M 1,789 1/19/18 1/31/21 1/31/25 0.023 7.10 0.25 0.25
HCXY 2033 Notes HTGC Baby Bond 3.80 24.98 6.250 25.00 38M 3,923 9/24/18 10/30/23 10/30/33 0.150 6.35 0.68 0.68
OXSQZ Notes Due 2026 OXSQ Baby Bond 3.89 24.25 6.250 25.00 44M 1,950 3/25/19 4/30/22 4/30/26 0.150 8.22 3.73 3.73
GAINN Notes Due 2026 GAIN Baby Bond 3.87 24.28 5.000 25.00 123M 5,294 3/2/21 5/1/23 5/1/26 0.123 6.82 3.49 3.49
HTFB Notes due 2026 HRZN Baby Bond 3.74 23.75 4.880 25.00 57M 1,353 5/30/21 5/30/23 5/30/26 0.013 7.63 5.32 5.32
OXSQG Notes Due 2028 OXSQ Baby Bond 3.91 22.97 5.500 25.00 78M 1,286 5/20/21 5/31/24 7/31/28 0.132 7.92 9.47 7.92
GECCO Notes due 2026 GECC Baby Bond 3.74 24.46 5.875 25.00 55M 1,654 6/17/21 6/30/23 6/30/26 0.020 6.96 2.29 2.29
GAINZ Notes Due 2028 GAIN Baby Bond 3.75 22.93 4.880 25.00 131M 4,416 8/11/21 11/1/23 11/1/28 0.120 7.18 9.60 7.18
PFXNZ 2028 Notes PFX Baby Bond 3.86 22.50 5.250 25.00 55M 1,010 11/15/21 11/1/23 11/1/28 0.129 8.06 11.75 8.06
OFSSH Notes Due 2028 OFS Baby Bond 3.89 22.42 4.950 25.00 54M 706 10/21/21 10/31/23 10/31/28 0.119 7.82 12.10 7.82
SSSSL Notes Due 2026 SSSS Baby Bond 3.80 23.94 6.000 25.00 73M 749 12/9/21 12/30/24 12/30/26 0.016 7.75 12.09 7.75
SAT 6.00% Notes due 2027 SAR Baby Bond 3.90 24.23 6.000 25.00 102M 3,877 4/19/22 4/27/24 4/27/27 0.271 7.56 4.35 4.35
HTFC 2027 Notes HRZN Baby Bond 3.66 23.77 6.250 25.00 57M 1,760 6/15/22 6/15/24 6/15/27 0.017 8.14 5.25 5.25
TRINL Unsecured Notes due 2025 TRIN Baby Bond 3.84 25.08 7.000 25.00 180M 8,138 7/22/22 1/16/23 1/16/25 0.388 8.72 1.25 1.25
RWAYL July 2027 Notes RWAY Baby Bond 3.88 25.00 7.500 25.00 78M 4,116 7/21/22 7/28/24 7/28/27 0.344 7.99 13.19 7.99
PSEC-PA Series A Preferred Stock PSEC Preferred Stock 4.14 18.96 5.350 25.00 1,500M 12,893 7/12/21 7/19/26 0.132 19.11 N/A 19.11
SAJ 8.00% Notes due 2027 SAR Baby Bond 3.87 25.18 8.000 25.00 44M 3,473 10/27/22 10/27/24 10/31/27 0.362 8.24 9.51 8.24
SAY 8.125% Notes due 2027 SAR Baby Bond 3.84 25.20 8.125 25.00 58M 3,521 12/13/22 12/13/24 12/31/27 0.367 8.33 9.51 8.33
RWAYZ December 2027 Notes RWAY Baby Bond 3.86 25.16 8.000 25.00 50M 4,033 12/7/22 12/31/24 12/28/27 0.367 8.26 9.16 8.26
SAZ 8.5% 2028 Notes SAR Baby Bond 3.83 25.30 8.500 25.00 55M 4,312 4/14/23 4/14/25 4/15/28 0.384 8.60 8.86 8.60
FCRX 2026 Unsecured Notes CCAP Baby Bond 3.87 23.95 5.000 25.00 111M 21,371 5/18/21 5/25/23 5/25/26 0.014 7.31 4.44 4.44
GAINL Notes Due 2028 GAIN Baby Bond 3.87 25.79 8.000 25.00 74M 14,427 5/31/23 8/1/25 8/31/28 0.197 7.35 6.02 6.02
CSWCZ August 2028 Notes CSWC Baby Bond 3.92 26.00 7.750 25.00 69M 7,903 6/14/23 8/1/25 8/1/28 0.191 6.87 5.06 5.06
GECCZ Notes Due 2028 GECC Baby Bond 3.78 25.17 8.750 25.00 40M 7,829 8/8/23 9/30/28 9/30/25 0.030 8.35 8.60 8.35
WHFCL Notes Due 2028 WHF Baby Bond 3.86 25.08 7.875 25.00 33M 7,580 8/17/23 9/15/25 9/15/28 0.437 8.28 9.10 8.28
GLADZ Notes Due 2028 GLAD Baby Bond 3.89 25.44 7.750 25.00 55M 12,520 8/10/23 9/1/25 9/1/28 0.356 7.66 7.46 7.46

DISCLOSURES:

These indexes were created and developed by Closed-End Fund Advisors, Inc. CEF Advisors launched these indexes in January 2017 based on December 31, 2016 data and began pricing on January 1, 2019. CEF Advisors does not guarantee the accuracy or the completeness of the index or any data included therein and CEF Advisors shall have no liability for any errors, omissions or interruptions therein. CEF Advisors makes no warranty, express or implied, as to results to be obtained by any person or entity from the use of the index or any data included therein. CEF Advisors makes no express or implied warranties, and expressly disclaims all warranties of merchantability or fitness for a particular purpose or use with respect to the index or any data included therein. Without limiting any of the foregoing, in no event shall CEF Advisors have any liability for any special, punitive, direct, indirect or consequential damages (including lost profits) arising out of matters relating to the use of the index, even if notified of the possibility of such damages.

The historical values above have not been verified by an independent third party. The historical performance data is for illustrative purposes only and does not represent the actual performance of any investment product. No representation is being made that any investment will achieve performance similar to that shown. The index does not charge management fees or brokerage expenses, and no such fees or expenses were deducted from the historical performance shown. The index is unmanaged and an investor cannot invest directly in the index.

Performance information for the index is for illustrative purposes only and does not represent the performance of any actual investment. The historical performance of the price and NAV of the index should not be taken as an indication of future performance, and no assurance can be given as to the index's value on any date. The data for the historical performance of the index was calculated on materially the same basis on which the performance of the index is now calculated. Discounts are the result of a closed-end fund’s market price deviating from its Net Asset Value (NAV).

In case any constituents of the index experience a liquidation, merger, open-ending or are no longer a closed-end fund, we will remove them as of their last day of existence. For mergers, if the merged fund is in the same sub-grouping inside CEFdata.com, then we will replace the merged fund with it's replacement in equal dollar terms. If a fund is liquidated, open-ended, etc, we will remove the fund and its allocation from the index. In this case, for example. If a fund was 2% of the index then future pricing would assume a full allocation was 98%. The 2% is adsorbed on a pro-rata basis by all surviving funds.

© Closed-End Fund Advisors Inc.(CEFadvisors) and CEFdata.com 2019. 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.

Class E Units       8% PIK             8.00 %   11/6/2021     4,055,099       4,055,099       4,055,099       2.32 %