BDCs rally alongside commodities

|By:, SA News Editor

It's a big session for commodities following the Fed's dovish meeting results yesterday, particularly for oil - up 2.7% today to $41.08 per barrel, and now nicely into the green for the year.

Sold hard alongside the crash in energy prices, BDCs are catching a bid today.

Prospect Capital (PSEC +3.4%), Ares Capital (ARCC +1.7%), Apollo Investment (AINV +3%), Triangle Capital (TCAP +1.9%), THL Credit (TCRD +3%), OHA Investment (OHAI +2.6%).

ETFs: BDCL, BDCS, BIZD, FGB

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