CION InvestmentCION
CION
About: CION Invt Corp is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company. The Company's portfolio is comprised of investments in senior secured debt, including first lien loans, second lien loans and unitranche loans, and, to a lesser extent, collateralized securities, structured products and other similar securities, unsecured debt, and equity, of private and thinly-traded U.S. middle-market companies.
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
17,500% more call options, than puts
Call options by funds: $176K | Put options by funds: $1K
7% more repeat investments, than reductions
Existing positions increased: 60 | Existing positions reduced: 56
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
0.28% less ownership
Funds ownership: 34.12% [Q2] → 33.85% (-0.28%) [Q3]
5% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 20
3% less funds holding
Funds holding: 175 [Q2] → 170 (-5) [Q3]
8% less capital invested
Capital invested by funds: $222M [Q2] → $205M (-$16.8M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for CION.
Financial journalist opinion
Based on 6 articles about CION published over the past 30 days
Neutral
Seeking Alpha
5 days ago
CION Investment Corporation: Disappointing Growth And Investment Activity (Rating Downgrade)
I am downgrading CION Investment Corporation to a hold due to suppressed growth in a high-interest rate environment and a slightly weakened dividend coverage. CION's portfolio structure is solid, but its NAV has shown no meaningful growth, attributed to net losses, a growing non-accrual rate, and reduced new investments. Despite a high 13% dividend yield, the non-accrual rate has increased to 1.85%, and earnings cover the distribution at a slightly weakened rate of 111%.
Positive
Seeking Alpha
2 weeks ago
Why BDCs Will Likely Outperform In 2025
The BDC sector had a lackluster H2 of 2024 after being on a strong run from 2022 to mid 2024. However, recently there has been some great news for BDCs to start 2025. We share our approach to BDCs right now.
Positive
Seeking Alpha
3 weeks ago
12-15% Dividend Yields And Big Buybacks
Double-digit yielding stocks that also repurchase shares have plenty of inherent advantages. I share some dividend stocks that meet these criteria. I take a look at them to see if they are worth buying right now.
Neutral
Seeking Alpha
3 weeks ago
2 BDCs With 20%+ Discount To NAV: 1 To Buy, 1 To Avoid
The primary return source of BDC investments is dividend income. Yet, when there is a mismatch between price and value, it is possible to pocket attractive price returns as well. In this article, I share two BDCs that trade at 20%+ discount to their NAV and offer dividend yield starting from 13%.
Negative
Seeking Alpha
3 weeks ago
I'm Not Married To CION Investment
CION Investment Corporation is downgraded to a hold due to financial pressure from smaller borrowers and expected volatility in the coming quarters. The business development company's Q3 performance showed declines in net investment and total investment income, with significant unrealized losses impacting NAV. Despite headwinds, CION's balance sheet remains strong with well-staggered debt, active share repurchases, and a safe base dividend.
Neutral
Zacks Investment Research
3 weeks ago
Is the Options Market Predicting a Spike in CION Investment (CION) Stock?
Investors need to pay close attention to CION Investment (CION) stock based on the movements in the options market lately.
Positive
Seeking Alpha
1 month ago
CION Investment Corporation: Deep Discount And Tempting Yield But Riskier
Income-focused investors could consider CION Investment Corporation for its high yields, but there are definitely risks to consider. CION offers a 12.55% dividend yield and trades at a significant discount of over 27% to its last reported net asset value per share. One of the risks includes higher relative non-accruals and significant payment-in-kind income, though they add that PIK is part of their overall strategy.
Neutral
Business Wire
1 month ago
CION Investment Corporation Announces Year-End Special Distribution of $0.05 Per Share
NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”) today announced that it has declared a special distribution for the year ending December 31, 2024 in the amount of $0.05 per share, payable on January 27, 2025 to shareholders of record as of December 30, 2024, which results in total distributions declared in 2024 of $1.52 per share. The special distribution represents a portion of the Company's investment company taxable income generated through the course of the year.
Neutral
GlobeNewsWire
1 month ago
KBW Announces Index Rebalancing for Fourth-Quarter 2024
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE: SF), announces the upcoming index rebalancing for the fourth quarter of 2024.
Positive
Seeking Alpha
1 month ago
Invest In $95,000 BDC Portfolio For $10,000 Annual Income And Durable Compounding
Private credit/BDC investments offer exposure to structural growth and a significant portfolio yield enhancement. Yet, we have to be extra careful of not falling into value traps and investing in unsustainable yields, which are abundant in the inherently risky sector. In this article, I share a BDC portfolio that has ~10.5% yield, healthier fundamentals than the average in the space, and, importantly, meaningful price appreciation potential.
Charts implemented using Lightweight Charts™