Skip to main
We’re doing some system maintenance

Posts & Investments - #bdc

Invested in GraniteShares HIPS US High Income ETF
#highdividend #bdc #mlp #riet #cef #no #k #1
0
0
Invested in Ares Capital
$ARCC is a publicly traded #BDC (Business Development Company) that operates like a #privateequityfirm (where investors can pool their resources & capitalize on targeted opportunities) by utilizing “Unitranche” structured investments. Basically they partake in acquisitions of mid-size companies, or #goldilocks companies. (they also engage in restructuring, “rescue-financing” and recapitalizations) Traditionally #aquisitionfinancing involves the borrower getting multiple loans from various lenders, including senior debt (usually prioritized for repayments, more secure / likely to be paid back) and junior debt (less prioritized for repayments / riskier/less likely to be paid back) these loans operate separately with their own credit agreements, securities, etc. #Unitranche financing simplifies this by combining all the senior/junior levels of into a single term loan - so the borrower is presented with one☝️“blended” interest rate, paired with a predictable repayment schedule. So this allows $ARCC to go “all in” on these companies to be the first and only lender, giving them more control in ensuring the loans are eventually paid, along with other negotiations with management. And with #interestrates rising - $ARCC could command higher interest returns for the loans they offer. Also they offer quarterly dividend of roughly 8% which is a sign they want to share their success with their public stakeholders.
0
0
#BDC #InvestopediaCliffNotes #ThrowBackThursday- Seems like the news feed and content has increased in both diversity and quality dramatically over the last month. I'm excited to see what the growth trajectory will be through the end of 2021. If you are finding this community to be one that is helpful in your personal growth than be sure to share with your friends or loved ones who you think could aSee more
18
0
Own your future.
Build your portfolio.
Products
Contact Us
Check the background of this firm on FINRA’s BrokerCheck.

© Copyright 2022 Public Holdings, Inc. All Rights Reserved.

Market data powered by Xignite.

Brokerage services for US-listed, registered securities are offered to self-directed customers by Open to the Public Investing, Inc. (“Open to the Public Investing”), a registered broker-dealer and member of FINRA & SIPC. Additional information about your broker can be found by clicking here. Open to Public Investing is a wholly-owned subsidiary of Public Holdings, Inc. (“Public Holdings”). This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Open to the Public Investing is not registered. Securities products offered by Open to the Public Investing are not FDIC insured.

Our clearing firm, Apex Clearing Corporation, has purchased an additional insurance policy. The coverage limits provide protection for securities and cash up to an aggregate of $150 million, subject to maximum limits of $37.5 million for any one customer’s securities and $900,000 for any one customer’s cash. Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities.

Brokerage services for alternative assets available on Public are offered by Dalmore Group, LLC (“Dalmore”), member of FINRA & SIPC. “Alternative assets,” as the term is used at Public, are over-the-counter equity securities that have been issued pursuant to Regulation A of the Securities Act of 1933 (as amended) (“Regulation A”). Dalmore and Open to the Public Investing are not affiliated entities. This content is not investment advice. These investments are speculative, involve substantial risks (including illiquidity and loss of principal), and are not FDIC or SIPC insured. The issuers of these securities may be an affiliate of Public, and Public (or an affiliate) may earn fees when you purchase or sell Alternative Assets. For more information on risks and conflicts of interest, see these disclosures. An affiliate of Public may be “testing the waters” and considering making an offering of securities under Tier 2 of Regulation A. No money or other consideration is being solicited and, if sent in response, will not be accepted. No offer to buy securities can be accepted, and no part of the purchase price can be received, until an offering statement filed with the SEC has been qualified by the SEC. Any such offer may be withdrawn or revoked, without obligation or commitment of any kind, at any time before notice of acceptance given after the date of qualification by the SEC or as stated in the offering materials relating to an investment opportunity, as applicable. An indication of interest to purchase securities involves no obligation or commitment of any kind.

Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. Apex Crypto is not a registered broker-dealer or a member of SIPC or FINRA. Cryptocurrencies are not securities and are not FDIC or SIPC insured. Apex Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Please ensure that you fully understand the risks involved before trading: Legal Disclosures, Apex Crypto.

Dalmore and Apex Crypto, LLC are not affiliated with any of the Public Holdings subsidiaries.

Commission-free trading of stocks and ETFs refers to $0 commissions for Open to the Public Investing self-directed individual cash brokerage accounts that trade the U.S.-listed, registered securities electronically. Keep in mind that other fees such as regulatory fees, Premium subscription fees, wire transfer fees, and paper statement fees may apply to your brokerage account. Please see Open to the Public Investing’s Fee Schedule to learn more. All investments involve the risk of loss and the past performance of a security or a financial product does not guarantee future results or returns.