FKnol.com

Financial Knowledge & Information Portal

Solar Senior Capital (SUNS) Company Profile

Updated Sep 15, 2020
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/Categories: Finance, Investment Managers, Financial Services, Asset Management
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding Solar Senior Capital stock

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:$13.48
Previous Year's Closing Price:$17.6
Percentage Price Change (YTD):-23.41%
Market Cap:$216.34 million
52-week Price Range:$6.3 - $18.29
Dividend Per Share:$1.36
EPS (TTM):0.58
Price-Earnings (Trailing):23.04
Price-Earnings (Forward):11.23

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


See Full List of ETFs holding Solar Senior Capital stock in their respective portfolios.

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:

▶ Adams Diversified Equity Fund (ADX): Adams Diversified Equity Fund, Inc., formerly The Adams Express Company, incorporated on February 10, 1976, is a diversified closed-end equity investment company. The Company?ÇÖs holdings include Adams Natural Resources Fund, ....See Detailed Company Profile,  Dividend History

▶ Adams Natural Resources Fund (PEO): Adams Natural Resources Fund, Inc. is a self-managed investment trust. The firm invests in the public equity markets across the globe. It invests in stocks of companies of all market capitalizations o....See Detailed Company Profile,  Dividend History

▶ 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,  Dividend History

▶ 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,  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,  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,  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,  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,  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,  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,  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,  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,  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,  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,  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,  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,  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,  Dividend History

▶ Artisan Partners Asset Management (APAM): Artisan Partners Asset Management Inc., incorporated on October 25, 2012, is an investment management company. The Company provides a range of the United States, non-United States and global investment strategies, ....See Detailed Company Profile,  Dividend History

▶ ASA Gold and Precious Metals (ASA): ASA Limited, incorporated on April 29, 2003, is a closed-end management investment company. The Company invests in the companies engaged in the exploration, mining or processing of gold, silver, platinum, ....See Detailed Company Profile,  Dividend History

▶ Berkshire Hathaway (BRK.B): Berkshire Hathaway Inc. (Berkshire), incorporated on June 16, 1998, is a holding company owning subsidiaries engaged in various business activities. The Companys segments include Insurance, Burlington Northern Santa Fe, LLC ....See Detailed Company Profile,  Dividend History  and Recent Candlestick Patterns.

... See Full List of All Stocks of Investment Managers Sector.

Stock List of Other Finance Sub-sectors

▶ Stocks of Accident and Health Insurance Sector

▶ Stocks of Application Software Sector

▶ Stocks of Asset Management Sector

▶ Stocks of Banks Sector

▶ Stocks of Business Services Sector

▶ Stocks of Capital Markets Sector

▶ Stocks of Closed-End Fund - Debt Sector

▶ Stocks of Commercial Banks Sector

▶ Stocks of Commercial Leasing Sector

▶ Stocks of Commercial REITs - NEC Sector

▶ Stocks of Consumer Finance Services Sector

▶ Stocks of Credit Services Sector

▶ Stocks of Diversified Commercial Services Sector

▶ Stocks of Diversified Financial Services Sector

▶ Stocks of Diversified Insurance Sector

▶ Stocks of Finance Companies Sector

▶ Stocks of Financial Services Sector

▶ Stocks of Insurance Sector

▶ Stocks of Insurance Brokers Sector

▶ Stocks of Investment Bankers and Brokers Sector

▶ Stocks of Investment Companies Sector

▶ Stocks of Investment Funds Sector

▶ Stocks of Investment Managers Sector

▶ Stocks of Investors Services Sector

▶ Stocks of Life Insurance Sector

▶ Stocks of Major Banks Sector

▶ Stocks of Miscellaneous Sector

▶ Stocks of Mortgage Finance Sector

▶ Stocks of Mortgage REITs Sector

▶ Stocks of Property & Casualty Insurance Sector

▶ Stocks of Property-Casualty Insurers Sector

▶ Stocks of Real Estate Sector

▶ Stocks of Regional Banks Sector

▶ Stocks of REITs Sector

▶ Stocks of Rental & Leasing Services Sector

▶ Stocks of Restaurants Sector

▶ Stocks of Savings Institutions Sector

▶ Stocks of Shell Companies Sector

▶ Stocks of Specialty Insurance Sector

▶ Stocks of Specialty Insurers Sector


Stock List of Other Top-level Sectors

▶ Stocks of Basic Industries Sector

▶ Stocks of Basic Materials Sector

▶ Stocks of Capital Goods Sector

▶ Stocks of Communication Services Sector

▶ Stocks of Consumer Cyclical Sector

▶ Stocks of Consumer Defensive Sector

▶ Stocks of Consumer Discretionary Sector

▶ Stocks of Consumer Durables Sector

▶ Stocks of Consumer Non-Durables Sector

▶ Stocks of Consumer Services Sector

▶ Stocks of Energy Sector

▶ Stocks of Finance Sector

▶ Stocks of Financial Services Sector

▶ Stocks of Health Care Sector

▶ Stocks of Healthcare Sector

▶ Stocks of Industrials Sector

▶ Stocks of Miscellaneous Sector

▶ Stocks of Public Utilities Sector

▶ Stocks of Real Estate Sector

▶ Stocks of Services Sector

▶ Stocks of Technology Sector

▶ Stocks of Transportation Sector

▶ Stocks of Utilities Sector