Business Advice

Insight2016-08-01T14:51:33-04:00
18Apr, 2025

PennantPark Flt Rt Cap

By |April 18th, 2025|Press Releases|

Effective April 15, 2025, Frank Galea resigned as Chief Compliance Officer of PennantPark Investment Corporation (the “Company”). In connection with Mr. Galea’s resignation, there were no disagreements with the Company, known to an executive officer

Monroe Capital Corp

April 18th, 2025|Comments Off on Monroe Capital Corp

The Company will host a webcast and conference call to discuss these operating and financial results on Thursday, May 8, 2025 at 11:00 a.m. Eastern Time.

PennantPark Flt Rt Cap

April 18th, 2025|Comments Off on PennantPark Flt Rt Cap

Effective April 15, 2025, Frank Galea resigned as Chief Compliance Officer of PennantPark Investment Corporation (the “Company”). In connection with Mr. Galea’s resignation, there were no disagreements with the Company, known to an executive officer

Prospect Capital Corp

April 18th, 2025|Comments Off on Prospect Capital Corp

The company today announced the results of its previously announced cash tender offer (the “Tender Offer”) to purchase any and all of the outstanding notes listed below. The Tender Offer was made pursuant to an

17Apr, 2025

BR Health Sci Trm Tr

By |April 17th, 2025|Press Releases|

The Fund announced the expiration and preliminary results of the Fund’s tender offer (the “Tender Offer”) for up to 40% of its outstanding common shares (the “Shares”). The Tender Offer commenced on March 21, 2025

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Disclosure: Views and opinions expressed are for informational and educational purposes only as of the date of production/writing/speaking and may change without notice at any time based on a multitude of factors. Speaker’s/presenter’s/author’s opinions are their own and may not necessarily represent the opinions of AICA, its Board, or its staff. Materials may contain “forward-looking” information that is not purely historical in nature, such as projections, forecasts, market return estimates, proposed or expected portfolio composition, and other items. Listed closed-end funds and business development companies trade on exchanges at prices that may be above or below their NAVs. There is no guarantee that an investor will be able to sell shares at a price greater than or equal to the purchase price or that a closed-end fund’s discount will narrow. Non-listed closed-end funds and business development companies do not offer investors daily liquidity but rather offer liquidity on a monthly, quarterly or semi-annual basis, often on a small percentage of shares. Closed-end funds often use leverage, which can increase the fund’s volatility (i.e., risk). Actual distribution amounts may vary with fund performance and other conditions. Past performance is no guarantee of future results. This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy, sell or hold a security or an investment strategy, and is not provided in a fiduciary capacity. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. Closed-end funds frequently trade at a discount to their net asset value (NAV).
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Disclaimer Statement

Active Investment Company Alliance The Active Investment Company Alliance (“AICA”) is a trade association committed to educating and engaging investment professionals and investors about closed-end management companies: listed and non-listed closed-end funds, business development companies, interval funds and tender offer funds. The alliance supports transparency and, therefore, does not allow any agent, employee or representative to personally solicit any investment or accept any monies to be invested in a particular fund or security.

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