Broad rally in BDC names

|By:, SA News Editor

Leading the way are THL Credit (TCRD +4.1%), Fidus Investment (FDUS +4.6%), NGP Capital Resources (NGPC +3.2%), and BlackRock Kelso (BKCC +3.2%), but the entire BDC sector is lit up bright green a day ahead of its stocks being removed from the Russell indices.

A selection of others: Prospect Capital (PSEC +0.5%), Ares Capital (ARCC +1.9%), TPG Specialty Lending (TSLX +0.8%), Triangle Capital (TCAP +3.7%), TICC Capital (TICC +2.2%), PennantPark (PNNT +2.7%), Medley Capital (MCC +2.1%), TCP Capital (TCPC +2.2%), Gladstone Commerical (GLAD +2.8%), Capitala Finance (CPTA +2.7%).

Previously: London Stock Exchange to acquire Frank Russell for $2.7B