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Solar Senior Capital (SUNS) Company Profile

Updated Nov 1, 2019
Solar Senior Capital has the following business profile:
Company's Full Name:Solar Senior Capital Ltd.
Short Name:Solar Senior Capital
Trading Ticker Symbol:SUNS
Primary Exchange:NASDAQ
Headquarter City/Country:New York, NY
Primary Industry Sector:Finance
Seconday Sub-sector:Investment Managers
Main Business Areas: Finance, Investment Managers, Financial Services, Asset Management
Dividend Payments:Dividend History

Market and Trading Information for Solar Senior Capital

The following details were available for trading and market data about the stock of Solar Senior Capital as of writing:
Current Share Price:$17.68
Previous Year's Closing Price:$15.12
Percentage Price Change (YTD):16.93%
Market Cap:$283.66 million
52-week Price Range:$14.5 - $18
Dividend Per Share:$1.41
EPS (TTM):0.92
Price-Earnings (Trailing):19.24
Price-Earnings (Forward):12.72

Company Profile and Business Description for Solar Senior Capital

Solar Senior Capital Ltd., incorporated on December 16, 2010, is a closed-end, externally managed, non-diversified management investment company. The Company's investment objective is to seek to maximize current income consistent with the preservation of capital. The Company seeks to achieve its investment objective by directly and indirectly investing in senior loans, including first lien, unitranche, and second lien debt instruments, made to private middle-market companies whose debt is rated below investment grade, which it refers to collectively as senior loans. It may also invest in debt of public companies that are thinly traded or in equity securities. Under normal market conditions, at least 80% of the value of its net assets (including the amount of any borrowings for investment purposes) will be invested in senior loans. The Company invests primarily in privately held the United States middle-market companies. The Company's investment activities are managed by Solar Capital Partners, LLC (Solar Capital Partners or the Investment Advisor).

Senior loans in which the Company invests are typically made to the United States and, to a limited extent, non-United States corporations, partnerships and other business entities, which operate in various industries and geographical regions. Senior loans typically are rated below investment grade. Securities rated below investment grade are often referred to as leveraged loans, high yield or junk securities. The Company invests in senior loans made primarily to private, leveraged middle-market companies with approximately $20 million to $100 million of earnings before income taxes, depreciation and amortization (EBITDA). Its business model is focused primarily on the direct origination of investments through portfolio companies or their financial sponsors.

The Company's direct investments in individual securities generally range between $5 million and $30 million each. In addition, it may invest a portion of its portfolio in other types of investments, which it refers to as opportunistic investments. These opportunistic investments may include, but are not limited to, direct investments in public companies that are not thinly traded and securities of leveraged companies located in select countries outside of the United States. It may invest up to 30% of its total assets in such opportunistic investments, including loans issued by non-United States issuers. As of December 31, 2016, its portfolio consisted of 51 portfolio companies.

The Company may invest in the securities and instruments of other investment companies, including private funds. The Company invests in various industries, including aerospace and defense; healthcare facilities; air freight and logistics; healthcare providers and services; asset management; healthcare technology; automobiles; hotels, restaurants and leisure; automotive retail; industrial conglomerates; beverages; insurance; building products; Internet software and services; capital markets; information technology (IT) services; chemicals; leisure equipment and products; commercial services and supplies; machinery; communications equipment; media; construction and engineering; multiline retail; consumer finance; paper and forest products; containers and packaging; personal products; distributors; pharmaceuticals; diversified consumer services; professional services; diversified financial services; real estate management and development; diversified real estate activities; research and consulting services; diversified telecommunications services; software; education services; specialty retail; food products; textiles, apparel and luxury goods; footwear; utilities; healthcare equipment and supplies, and wireless telecommunications services.

500 Park Ave

Peer / Competitor Companies of Investment Managers Sector

Along with Solar Senior Capital Ltd., the following other peer (competitor) companies also exist within the same Investment Managers - Finance sector whose company profile and dividend history is as follows:

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▶ Affiliated Managers (AMG): Affiliated Managers Group, Inc., incorporated on December 29, 1993, is an asset management company with equity investments in boutique investment management firms (Affiliates). The Company is focused on investing around ....See Detailed Company Profile  and Dividend History.

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▶ Alcentra Capital (ABDC): Alcentra Capital Corporation is a specialty finance company that operates as a non-diversified, closed-end management investment company. The Company operates as a business development company and a regulated investment company. ....See Detailed Company Profile  and Dividend History.

▶ Alliance HealthCare (AIQ): Alliance HealthCare Services, Inc. (Alliance), incorporated on May 27, 1987, is a provider of outsourced healthcare services to hospitals and providers. The Company operates through three segments: Radiology Division, Oncology ....See Detailed Company Profile  and Dividend History.

▶ AllianceBernstein Holding (AB): AllianceBernstein Holding L.P., incorporated on November 18, 1987, is engaged in providing research, investment management and related services to a range of clients through its three buy-side distribution channels: Institutions, ....See Detailed Company Profile  and Dividend History.

▶ AllianzGI Convertible and Income Fund (NCV): AllianzGI Convertible & Income Fund, formerly AGIC Convertible & Income Fund, is a diversified, closed-end management investment company. The Funds investment objective is to provide total return through a combination ....See Detailed Company Profile  and Dividend History.

▶ AllianzGI Convertible and Income Fund II (NCZ): AllianzGI Convertible & Income Fund II (the Fund), formerly AGIC Convertible & Income Fund II, is a diversified, closed-end management investment company. The Funds investment objective is to provide total ....See Detailed Company Profile  and Dividend History.

▶ AllianzGI Diversified Income and Convertible Fund (ACV): AllianzGI Diversified Income & Convertible Fund is a closed-ended balanced mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.....See Detailed Company Profile  and Dividend History.

▶ AllianzGI Equity and Convertible Income Fund (NIE): AllianzGI Equity and Convertible Income Fund, formerly AllianzGI Equity & Convertible Income Fund, is a diversified, closed-end management investment company. The Fund?ÇÖs investment objective is to seek total return consisted ....See Detailed Company Profile  and Dividend History.

▶ Alpine Global Dynamic Dividend Fund (AGD): Alpine Global Dynamic Dividend Fund (the Fund) is a diversified, closed-end management investment company. The Funds primary investment objective is to seek high current dividend income. It also focuses on ....See Detailed Company Profile  and Dividend History.

▶ Alpine Global Premier Properties Fund (AWP): Alpine Global Premier Properties Fund (the Fund) is a diversified, closed-end management investment company. The Fund?ÇÖs primary investment objective is capital appreciation. The Fund?ÇÖs secondary investment objective is high current ....See Detailed Company Profile  and Dividend History.

▶ Alpine Total Dynamic Dividend Fund (AOD): Alpine Total Dynamic Dividend Fund (the Fund) is a diversified, closed-end management investment company. The Fund has an investment objective to invest in equity securities that provide high current dividend ....See Detailed Company Profile  and Dividend History.

▶ American Capital Senior Floating (ACSF): American Capital Senior Floating, Ltd. (ACSF), incorporated on February 6, 2013, is a non-diversified closed-end investment management company. The Companys investment objective is to provide attractive, risk-adjusted returns over the ....See Detailed Company Profile  and Dividend History.

▶ Ameriprise Financial (AMP): Ameriprise Financial, Inc., incorporated on September 29, 1983, is a diversified financial services company that offers financial solutions to individual and institutional clients. The Company operates in five segments: Advice ....See Detailed Company Profile  and Dividend History.

▶ Apollo Global Management LLC (APO): Apollo Global Management, LLC is a publicly owned investment manager. The firm primarily provides its services to endowment and sovereign wealth funds, as well as other institutional and individual in....See Detailed Company Profile  and Dividend History.

▶ Apollo Investment (AINV): Apollo Investment Corporation, incorporated on February 2, 2004, is a closed-end, externally managed, non-diversified management investment company. The Companys investment objective is to generate current income and capital appreciation. It ....See Detailed Company Profile  and Dividend History.

▶ Ares Capital (ARCC): Ares Capital Corporation, incorporated on April 16, 2004, is a specialty finance company. The Company operates as a closed-end, non-diversified management investment company. The Companys investment objective is to generate ....See Detailed Company Profile  and Dividend History.

▶ Ares Management (ARES): Ares Management, L.P., incorporated on September 3, 1997, is an alternative asset manager. The Company offers its investors a range of investment strategies. The Company operates through three segments: Credit ....See Detailed Company Profile  and Dividend History.

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