Barings BDC, Inc. is a closed-end, non-diversified investment 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. The Company seeks to invest primarily in senior secured loans in middle-market companies that operate across a range of industries. It invests primarily in loans that have terms of between five and seven years, and bear interest at rates ranging from the London Interbank Offered Rate (LIBOR) (or an applicable successor rate) plus 450 basis points to LIBOR plus 650 basis points per annum. Its investment capabilities include first lien debt, unitranche, second lien debt and equity co-investments. It invests in various industries, including banking, finance, insurance and real estate, business, healthcare & pharmaceuticals, and others. Its investment activities are managed by its investment adviser, Barings LLC.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 99.79%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 99.79%.
Undervalued
The company’s latest PB is 0.73, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 51.39M shares, decreasing 8.86% quarter-over-quarter.
Held by ETHSX
Star Investor ETHSX holds 140.21 shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 0.51.