Main Street Capital (MAIN) is a popular income-investor Business Development Company (“BDC”) because it offers an attractive 6% yield, and both the dividend payments and the security price have been increasing significantly for years. This article briefly reviews the company and its many attractive qualities, then gets into the big risk factors that investors should be aware of. We conclude with our views on whether MAIN is still an attractive security to own or if it’s time to look elsewhere.
Blue Harbinger Weekly: Omega’s 7.3% Yield, Has Risk-Off Gone Too Far?
This week’s Blue Harbinger Weekly digs into specific investment ideas following the powerful market-wide “flight to quality” since October, including a detailed review and trading idea for big-dividend (7.3% yield) REIT, Omega Healthcare Investors (OHI). We also review the names on our Income Equity watchlist, as well as the results of an attractive Growth Equity stock screen, we provide an update on our market-wide health monitor, and we conclude with some ideas about how you might want to position your investment portfolio going forward.
Energy Sells-Off: 3 Attractive Stocks To Consider
Oil Prices, which are often somewhat less correlated with the overall market, have sold-off, and so has the overall market, as shown in the following chart. This article highlights three attractive equity investments that have just gotten less expensive: An energy-related closed-end fund managed by a company we like, a group of energy stocks with attractive dividend yields, and an attractive long-term “value play” tangentially related to the industry. Without further ado, here are the attractive opportunities for you to consider.
Teekay Preferred On Sale: Attractive +10% Yield, But Know The Big Risks
Teekay Offshore offers attractive, high-yield (+10%), preferred shares, that are currently trading at a lower price than normal and thereby offering a relatively attractive entry point for investors. This article offers an explanation of why the shares sold-off, why the investment is attractive, and what are the big risks that investors should consider. We conclude with our views on the attractiveness of this high-yield opportunity.
Holdings & Performance Update: As Volatility Spikes, Be Opportunistic, Stick To Your Goals
The S&P 500 declined 6.9% in October. All of our strategies performed roughly as expected, and continue their growing long-term track records of strong performance and high income. This report: (1) Reviews our performance and big movers (stocks, bonds and preferreds) for the month. (2) Discusses the difference between alpha and beta (especially as they relate to your individual long-term goals). (3) Provides some advice on how to behave when the market gets volatile.
Overblown Fear: Attractive 8.7% Yield, On Sale
This Closed-End Fund is attractive after the recent sell-off, not only because it yields 8.7%, but also because overblown fear has caused it to trade at an unusually large discount to its net asset value. Strong management, very reasonable management fees, a prudent and conservative use of leverage, and a powerful market style allocation, all make this CEF attractive and worth considering.