BDC Weekly Review: Rising Challenges In BDC Allocation

We take a look at the action in business development companies through the last week of May and highlight some of the key themes we are watching. BDCs outperformed all other income sectors last week, with historic underperformers PSEC, TCPC, and HRZN rallying despite median valuations remaining near recessionary lows. Relative valuations for holdings like BCSF, BBDC, and GBDC have improved, but yield compression after outperformance warrants reassessment of fundamental appeal and potential portfolio rotation.

Seeking Alpha • Jun 6, 2026

Horizon Technology Finance: Waiting For Improvements To Materialize

Horizon Technology Finance is upgraded to Hold as portfolio structure shows potential for improvement and management demonstrates commitment through share repurchases. HRZN trades at a 33% discount to NAV, reflecting persistent portfolio and earnings weakness despite a high 15.5% dividend yield with thin coverage. Q1 results were disappointing: net investment income fell to $0.19/share, and interest income declined, but new investments and merger-driven equity injection offer cautious optimism.

Seeking Alpha • Jun 5, 2026

Top Monthly Paying BDCs For Durable Retirement Income

In the article I list all monthly-paying BDCs. This list is then reduced to a handful of BDCs. These remaining BDCs, in my view, are the one with the strongest prospect to generate durable income without permanent NAV decay.

Seeking Alpha • May 18, 2026

Horizon Technology Finance (HRZN) Q1 2026 Earnings Call Transcript

Horizon Technology Finance (HRZN) Q1 2026 Earnings Call Transcript

Seeking Alpha • May 6, 2026

Horizon Technology Finance Announces First Quarter 2026 Financial Results

FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon” or the “Company”), an affiliate of Monroe Capital, today announced its financial results for the first quarter ended March 31, 2026. First Quarter 2026 and Recent Highlights In April, successfully completed merger with Monroe Capital Corporation (“MRCC”), receiving approximately $141.1 million in cash and issuing 20,370,645 shares of common stock in the aggregate to MRCC stockholders Created a n.

Business Wire • May 5, 2026

Horizon Technology Finance (HRZN) Q1 Earnings Match Estimates

Horizon Technology Finance (HRZN) came out with quarterly earnings of $0.19 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.27 per share a year ago.

Zacks Investment Research • May 6, 2026

Horizon Technology Finance Announces Regular Monthly Distributions for July, August and September 2026 Totaling $0.18 per Share and Special Distributions for July, August and September 2026 Totaling $0.09 per Share

FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon”) (the “Company”), an affiliate of Monroe Capital, announced today that its board of directors has declared regular monthly cash distributions of $0.06 per share, payable in each of July, August and September 2026, and, in accordance with the Company's previously announced intent to make additional distributions with its undistributed net investment income, or “spillover” income, special cash dis.

Business Wire • May 5, 2026

Monroe Merger Closes, but Dividend Cut Signals Deeper Trouble Ahead

The merger between Horizon Technology Finance (NASDAQ:HRZN) and Monroe Capital (NASDAQ:MRCC) closed on April 14, 2026, yet shareholders are not celebrating.

24/7 Wall Street • May 4, 2026

My 3 Biggest Mistakes In BDC Investing

BDCs have become my area of expertise. While my BDC investment journey has so far been successful, there have been several painful mistakes in the process. In this article, I share my 3 biggest mistakes that have clearly improved my overall BDC investment game.

Seeking Alpha • Apr 22, 2026

Horizon Technology Finance to Announce First Quarter 2026 Financial Results

FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“HRZN” or “Horizon”), an affiliate of Monroe Capital, announced today that it plans to release financial results for the first quarter ended March 31, 2026 on Tuesday, May 5, 2026, after the close of market trading. The Company has scheduled a conference call to discuss the results on Wednesday, May 6, 2026, at 9:00 a.m. ET. The conference call will feature remarks by Mike Balkin, Chief Executive Officer,.

Business Wire • Apr 21, 2026