Carlyle Secured LendingCGBD
Market Cap: $847M
About: Carlyle Secured Lending Inc is a specialty finance company that is a closed-end, externally managed, non-diversified management investment company. It focuses on providing directly originated, financing solutions across the capital structure, with a focus on senior secured lending to middle-market companies located in the United States. The company's investment objective is to generate current income and capital appreciation through debt investments in U.S. middle-market companies.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
177% more call options, than puts
Call options by funds: $1.71M | Put options by funds: $617K
54% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 28
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
3% more funds holding
Funds holding: 108 [Q1] → 111 (+3) [Q2]
4% less capital invested
Capital invested by funds: $236M [Q1] → $225M (-$10.3M) [Q2]
3.56% less ownership
Funds ownership: 28.53% [Q1] → 24.97% (-3.56%) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Wells Fargo Finian O'Shea 68% 1-year accuracy 17 / 25 met price target | 4%downside $16 | Equal-Weight Maintained | 6 Aug 2024 |
JP Morgan Melissa Wedel 38% 1-year accuracy 5 / 13 met price target | 2%upside $17 | Underweight Downgraded | 29 Jul 2024 |
Wells Fargo Finian O'Shea 68% 1-year accuracy 17 / 25 met price target | 2%upside $17 | Equal-Weight Maintained | 26 Jul 2024 |
Financial journalist opinion
Based on 4 articles about CGBD published over the past 30 days