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BDCs Fall After S&P Gives Boot----Now Watch Russell
Russell joins S&P in booting BDCs from indexes; sector slips Seeking Alpha Mar 4 2014, 15:30 ET It's no little deal as an estimated 8% of all BDC shares are owned by funds benchmarked to the Russell 2000 index. In a big green down for the markets, most of the BDC sector is in the red. Prospect (PSEC -0.5%), Fifth Street (FSC -1.5%), Ares(ARCC -0.9%), BlackRock Kelso (BKCC -1.6%), Medley (MCC -0.9%) THL (TCPC -1.6%), NGP (NGPC -2.9%), New Mountain (NMFC -1.6%), PennantPark (PNNT -0.5%), Triangle (TCAP -0.7%). http://seekingalpha.com/news/1606533-russell-joins-s-and-p-in-booting-bdcs-from-indexes-sector-slips
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Russell joins S&P in booting BDCs from indexes; sector slips
Seeking Alpha Mar 4 2014, 15:30 ET
It's no little deal as an estimated 8% of all BDC shares are owned by funds benchmarked to the Russell 2000 index.
In a big green down for the markets, most of the BDC sector is in the red. Prospect (PSEC -0.5%), Fifth Street (FSC -1.5%), Ares(ARCC -0.9%), BlackRock Kelso (BKCC -1.6%), Medley (MCC -0.9%) THL (TCPC -1.6%), NGP (NGPC -2.9%), New Mountain (NMFC -1.6%), PennantPark (PNNT -0.5%), Triangle (TCAP -0.7%).
http://seekingalpha.com/news/1606533-russell-joins-s-and-p-in-booting-bdcs-from-indexes-sector-slips