VanEck BDC Income ETF

KKR's FSK Approves $300 Million Share Buyback Plan

FS KKR Capital released FY2026 Q1 earnings on May 11 Pre-Market (EST), actual revenue USD 304 M (forecast USD 315.33 M), actual EPS USD -1.5746 (forecast USD 0.4451)

KKR Plans Cash Acquisition of FS KKR Capital Corp. Shares and Provides Convertible Bond Investment Commitment

Main Street Capital released FY2026 Q1 earnings on May 8 After-Market (EST), actual revenue USD 140.11 M (forecast USD 145.23 M), actual EPS USD 0.5403 (forecast USD 1.055)

Main Street Capital Reports Q1 Earnings Below Expectations

Blue Owl Capital released FY2026 Q1 earnings on May 6 After-Market (EST), actual revenue USD 396.77M (forecast USD 421.69M), actual EPS USD -0.05 (forecast USD 0.3463)

Hercules Capital Reports Record Q1 2026 Earnings with Leadership Changes

Hercules Capital released FY2026 Q1 earnings on May 5 After-Market EST, actual revenue USD 141.54 M (forecast USD 141.39 M), actual EPS USD 0.2279 (forecast USD 0.4647)

Golub Capital BDC released FY2026 Semi-Annual Earnings on May 4 After-Market EST, actual revenue USD 395.14 M, actual EPS USD 0.0701

Golub Capital BDC released FY2026 Q2 earnings on May 4 After-Market EST, actual revenue USD 188.13 M (forecast USD 200.37 M), actual EPS USD -0.1781 (forecast USD 0.3616)

Blue Owl Capital Sees Tenfold Return on SpaceX Investment and Sells Half of Shares

Main Street Capital to Release FY2026 Q1 Earnings on May 7 After-Market EST, Forecast Revenue USD 145.23 M, EPS USD 1.055

Blue Owl Capital faces increasing scrutiny as its stock nears historical lows

FS KKR Capital to Release FY2026 Q1 Earnings on May 6 After-Market EST, Forecast Revenue USD 315.33 M, EPS USD 0.4451

Blue Owl Capital to release FY2026 Q1 earnings on May 6 After-Market EST, forecast revenue USD 421.69 M, EPS USD 0.3463

Ares Capital Corp Signs Equity Distribution Agreement and May Issue up to $1.5 Billion in Common Stock

Ares Capital Reports Robust Q1 Financials, Morgan Stanley Maintains Outperform Rating

Ares Capital Corp Reports Increase in Non-Accrual Loan Ratio and Decline in Book Value Per Share in Q1

Ares Capital released FY2026 Q1 earnings on April 28 Pre-Market EST, actual revenue USD 763 M (forecast USD 776.36 M), actual EPS USD 0.1281 (forecast USD 0.4819)

OPTIMI HEALTH CORP

HCW Biologics

Silexion Therapeutics

Vida Global

GCL Global

BiomX

MetaVia

Micware

MicroAlgo

MAIN

BIZD

KBWD

Main Street Capital's Q1 earnings call highlighted record net asset value (NAV) of $33.46 per share, driven by robust portfolio expansion and healthy realized gains. The lower middle market strategy led to a net investment increase of $157 million, while total investment income rose to $140.1 million. The firm declared a $0.30 supplemental dividend and raised regular dividends to $0.265 per share. Despite net fair value depreciation of $32.6 million, the company maintained strong liquidity with $1.4 billion in cash and undrawn capacity, reflecting a diversified portfolio with low concentration risk.

Tip Ranks

Main Street Capital

Invesco KBW High Div Yield

Main Street Capital Earnings Call Highlights Growth

Main Street Capital (MAIN) is set to report Q1 earnings this Thursday. Last quarter, it exceeded revenue expectations with $145.5 million, a 3.6% year-on-year increase. Analysts predict a 6% revenue growth for this quarter. Despite past misses on revenue estimates, sentiment in the specialty finance sector is positive, with Main Street's shares up 5.8% recently. The average analyst price target is $63.17, above the current price of $57.37. Investors are keen to see if Main Street can maintain its performance amid mixed results from peers.

Stock Story

Main Street Capital (MAIN) Reports Q1: Everything You Need To Know Ahead Of Earnings

OBDC

DoubleLine CEO Jeffrey Gundlach warns that investors in private credit may face significant losses, likening the current market to past financial crises. He criticizes the opaque nature of private credit products and the motivations of financial advisers. Gundlach's concerns are echoed by recent struggles in the private credit sector, with firms like Blue Owl facing redemption requests and declining asset values. The industry is grappling with liquidity issues and has seen a wave of losses, raising questions about the viability of selling illiquid investments to retail investors.

ZeroHedge

Blue Owl Capital

JPMorgan Chase

Blue Owl Tech Finance

Apollo Global

MIDCAP FINANCIAL INVESTMENT CORP 8% NTS 15/12/28 USD25

JPMORGAN CHASE & CO. 4.20% DEP SHS REPSTG 1/400TH PFD SER MM

JPMORGAN CHASE & CO. 6%NON CUM DEP SHS REP 1/400TH PFD SER EE

JPMORGAN CHASE & CO. DEP REP 1/400TH (5.75% NON CUM PFD DD)

JPMORGAN CHASE & CO. 4.625% DEP SH RE 1/400TH INT NO CU PF LL

JPMorgan Chase & Co.

JPMORGAN CHASE & CO. 4.55% DEP SHS REPSTG 1/400TH PFD SER JJ

JPMORGAN CHASE & CO. 4.75 DEP SHS REP 1/400 NCUM PFD SR GG

Blue Owl Capital III

APOLLO GLOBAL MANAGEMENT INC 6.75% CONV PFD STK SER A

Apollo Global Management Pref Share APO 7.625 09/15/53

Gundlach Warns "Bagholders" Will "Lose Money" In Private Credit As BDCs Slash Asset Values, JPM Faces $500MM Loss In Biggest "Hung" Deal This Year

Main Street Capital Corporation held its 2026 annual meeting, where shareholders elected all seven directors, ratified Grant Thornton LLP as auditors, and approved executive compensation. These outcomes reflect strong shareholder support and corporate stability, crucial for the investment firm's strategy. Analysts rate MAIN stock as a Buy with a $70.00 price target, while TipRanks’ AI Analyst rates it Neutral due to valuation and income strength, offset by cash flow volatility and a revenue decline in 2025. Main Street Capital focuses on providing capital to lower and middle market companies.

Pro Gbl Listed Pvt

Main Street Capital Shareholders Back Board, Governance Measures

PBDC

The private credit sector is facing challenges, with rising redemption requests at non-traded business development companies (BDCs) indicating market stress. Portfolio manager Michael Lebowitz suggests that negative sentiment has affected both strong and weak BDCs, but sees potential value in the sector. A Bank of America report predicts redemption levels will peak in Q2 2026, with elevated pressure expected into Q3. Despite the turmoil, analysts maintain buy ratings on several firms, and BofA has committed $25 billion to private-credit investments, alongside other banks entering the sector.

- The private-credit market faces challenges as investor sentiment declines and redemption requests rise, particularly among non-traded business development companies (BDCs).  
- Analysts predict Q2 2026 will see record redemption activity, anticipating continuous pressure into Q3 before a potential easing in Q4.  
- Despite the turmoil, Bank of America and other institutions remain optimistic, maintaining buy ratings on major firms while committing significant capital to private-credit investments.

benzinga_article

Bank of America

Putnam BDC Income ETF

ARES Management LP

Blackstone

Citigroup

Wells Fargo

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

ARES MANAGEMENT CORPORATION 6.75% MAN PFD CONV SER B

KKR Group Fin Co IX LLC Pref Share KKRS 4.625 04/01/61

KKR & CO INC 6.25% MAND CONV PREF SHARES SER D

KKR & Co. Inc.

CITIGROUP INC 6.250 NON CUM SER II PFD WI

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A DD

WELLS FARGO & COMPANY 7.5% PERP CONV PRF CLS 'A' SERIES 'L'

WELLS FARGO & COMPANY DEP SHS REP 1/1000 INT PER PFD SER Y A

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A CC

WELLS FARGO & COMPANY 4.75% DEP SHS 1/1000 NCUM PFD CL A SR Z

WELLS FARGO & COMPANY DEP SHS REP 1/1000TH INT PFD SR AA (CLA)

'Chaos And Bad Press' Roil Private Credit — And Bulls Smell Value

FBDC

Bargain hunters are capitalizing on low valuations of private lending funds, particularly publicly-listed business development companies (BDCs), which have seen a recovery in share prices. Concerns over credit losses, especially in software investments, have led to a cautious outlook. Upcoming earnings reports from major BDCs could influence market sentiment. While some investors are shifting from unlisted to listed BDCs for better valuations, others remain skeptical about potential loan losses. Overall, BDC valuations are still below early-year levels, suggesting room for recovery despite recent gains.

Bloomberg

FT Confluence BDC & SpecialtyFinacIncETF

Ares Capital

BlackRock

Barclays

Saba Capital Income & ops Fund II

Leuthold Core ETF

BlackRock Tech and Private Equity Term Trust

BLACKROCK MULTI-SECTOR INCOME TR COM USD0.001(S/R 09/09/2025) WI

Blackrock Enhanced Div Achievers Trust

BlackRock Science and Tech Term Trust

BlackRock Multi-Sector Income Trust

Cheap Private Credit Funds Draw Bargain Hunters

Sumitomo Mitsui Trust Group Inc. increased its stake in Main Street Capital Corporation (NYSE:MAIN) by 6.3% in Q4, owning 355,547 shares valued at $21.47 million. Other institutional investors also raised their holdings, with Van ECK Associates Corp boosting its stake by 100.9%. Positive sentiment surrounds Main Street Capital, with a preliminary Q1 update showing NAV rising to $33.50 and EPS guidance of $1.02–$1.06. Analysts have mixed ratings, with Citigroup maintaining an "outperform" rating and Loop Capital upgrading to "neutral" with a $65 price target.

Market Beat

Invesco High Yield Eq

Sumitomo Mitsui Trust Holdings, Inc.

UBS Group AG

MSC Income Fund

Main Street Capital Corporation $MAIN Position Increased by Sumitomo Mitsui Trust Group Inc.

The Easy Income Portfolio for April 2026 remains unchanged, with all positions intact. Energy Income, led by Tortoise Energy Infrastructure Corp., is the strongest performer at +21.64%. Private Credit and BDCs are under pressure, with declines of -20.75% for VanEck BDC Income ETF. Despite price volatility, income generation remains robust, with yields between 7%-14%. The portfolio's stability reflects its design for mixed market conditions, showcasing strong income while absorbing volatility.

Tortoise MLP Fd

Tortoise Energy Infrastructure

Tortoise Pipeline & Energy

Saba Clsed End Fd

Special Opportunities Fd

Infrastructure Capital Bond Income ETF

WisdomTree Alternative ome Fund - ETF

abrdn Asia-Pacific Income Fund

Virtus InfraCap US PFD

Simplify MBS ETF

iShares Mortgage Real Estate Capped

Angel Oak Financial Strategies Income Term Trust

SPDR Blackstone Senior Loan ETF

Nuveen Real Asset Income and Growth Fd

Dorchester Minerals

Easy Income Portfolio: April 2026 Edition

Amid intense scrutiny of the private credit sector, Pimco exclusively purchased all $400 million in bonds issued by Blue Owl Capital at a yield of 6.5%, with the new issuance concession significantly exceeding market averages. Pimco Chief Investment Officer Daniel Ivascyn stated that private credit does not pose systemic risk, noting that what is observed is merely disappointment and returns below expectations. He predicted that liquidity pressures will generate further selling opportunities, creating an ideal entry point for well-capitalized investors

- The private credit industry is currently facing multiple pressures, yet the entry of major firms is signaling confidence.  
- Notably, Pimco purchased $400 million in bonds from Blue Owl Capital, while Goldman Sachs completed an issuance of $750 million bonds, despite the market experiencing heightened liquidity stress and redemption requests.  
- Pimco's CIO stated that private credit does not pose systemic risks, and he anticipates more selling opportunities will arise, indicating potential for well-capitalized investors to benefit from the current market conditions.

Wallstreetcn

Simplify VettaFi Private Credit Stgy ETF

Goldman Sachs

Morgan Stanley

Moodys

S&P Global

GS Hldg R

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY DEP SHS REPSTG 1/1000TH PFD SER Q

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY DEP SHS REP 1/1000 NON-CUM PFD STK SER K

Pimco Makes Major Purchase of Blue Owl Dollar Bonds, Says Private Credit 'Not a Systemic Risk'!

MSIF

MSC Income Fund, Inc. (NYSE: MSIF) will release its first quarter 2026 earnings on May 7, 2026, after market close. A conference call is scheduled for May 8, 2026, at 11:00 a.m. ET, available via phone and webcast. The Fund primarily invests in secured debt for private companies, focusing on leveraged buyouts and growth financings. MSC Adviser I, LLC, a subsidiary of Main Street Capital, serves as the Fund's investment adviser.

StockTitan

MSC Income Fund Announces First Quarter 2026 Earnings Release and Conference Call Schedule | MAIN Stock News

VanEck BDC Income ETF(BIZD.US)