Barings BDCBBDC
About: Barings BDC Inc operates as a closed-end, non-diversified investment company and has elected to be treated as a business development company. The company's investment objective is to generate current income by investing directly in privately held middle-market companies to help these companies fund acquisitions, growth, or refinancing. Barings employs fundamental credit analysis and targets investments in businesses with low levels of cyclicality and operating risk relative to other businesses in this market segment. The holding size of each position will generally be dependent upon a number of factors including total facility size, pricing and structure, and the number of other lenders in the facility.
Employees: 2
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
358% more call options, than puts
Call options by funds: $1.11M | Put options by funds: $242K
17% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 54
3.68% less ownership
Funds ownership: 44.81% [Q1] → 41.14% (-3.68%) [Q2]
5% less funds holding
Funds holding: 199 [Q1] → 190 (-9) [Q2]
5% less capital invested
Capital invested by funds: $450M [Q1] → $426M (-$24.1M) [Q2]
26% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 35
33% less funds holding in top 10
Funds holding in top 10: 3 [Q1] → 2 (-1) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Wells Fargo Finian O'Shea 52% 1-year accuracy 11 / 21 met price target | 3%downside $9.50 | Equal-Weight Maintained | 26 Jul 2024 |
Financial journalist opinion
Based on 6 articles about BBDC published over the past 30 days