Featured Articles
Thank You For Signing Up
Tim McPartland | December 31, 2015
Thank you for signing up to our free e-letter, Dividend Hunter Hotline. We are thrilled to have you as a member of our community. A couple of times a month, you will receive Dividend Hunter Hotline, which we’ll also post on this site. These articles will be about the latest new income-producing issue, an update on our model portfolio, and other news…
Pondering the Year Ahead
Tim McPartland | December 28, 2015
We again have reached that time when we start to ponder the year ahead. Of course, we constantly are trying to decipher our "crystal ball," which always seems to be cloudy. But now we try to formulate our thoughts so we can structure our strategy for the next year.Our initial thoughts on 2016 are as scary as our thoughts at…
Four New Baby Bonds Come to Market
Tim McPartland | December 21, 2015
Four new issues of "baby bond" recently came to market.Among those baby bond issues, which by definition feature debt instruments that have par value of $1,000 or less, only one ranked as investment grade. As usual with bond investments, the issues pay investors interest, which means that all quarterly payments are taxed at ordinary income rates, versus a "qualified" payment…
Medley Capital Corporation 6.50% Notes Due 2021
Tim McPartland | December 16, 2015
Date Issued 12/15/2015Shares Issued 2,800,000 Overallotment Shares 420,000S&P Rating NR Moodys Rating NRSecurity Ticker Symbol MCX Market Traded ON NYSEInterest Payment Paid the 30th of January, April, July and October beginning on 04/30/2016Quarlterly Interest .406 Annual Interest 1.625Securities may be redeemed, at the issuers option, as early as 1/30/2019 for a redemption price of $25/share plus accrued interestDividend Payments are NOT a Qualified Distribution--payments…
THL Credit Inc. 6.75% Notes Due 2022
Tim McPartland | December 15, 2015
Date Issued 12/10/2015Shares Issued 1,220,000 Overallotment Shares 180,000S&P Rating NR Moodys Rating NRSecurity Ticker Symbol TCRZMarket Traded ON NYSEInterest Payment Paid on the 30th of March, June, September and December beginning on 03/30/2016Quarterly Interest .422 Annual Interest 1.688Securities may be redeemed, at the issuers option, as early as 12/30/2018 for a redemption price of $25/share plus accrued…