CION Investment Stock News

CION offers a 15% yield and has outperformed both high-yield bonds and the average BDC over the past three years. Despite concerns over declining book value and high Payment in Kind (PIK) income, CION trades at a steep 0.72 price-to-book discount. Management uses share buybacks to offset book value declines, and the discount provides a margin of safety for riskier lending.

Blue-chip high yields are often looked to for stable and attractive passive income and total returns. However, several of these are on increasingly shaky footing right now. I detail why and share some examples in the article.

CION Investment Corporation (NYSE:CION ) Q1 2025 Earnings Conference Call May 8, 2025 11:00 AM ET Company Participants Charlie Arestia - Managing Director & Head, Investor Relations Mark Gatto - Co-Chief Executive Officer Gregg Bresner - President & Chief Investment Officer Keith Franz - Chief Financial Officer Conference Call Participants Erik Zwick - Lucid Capital Markets Operator Greetings. ...

NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION” or the “Company”) today reported financial results for the first quarter ended March 31, 2025 and filed its Form 10-Q with the U.S. Securities and Exchange Commission. CION also announced that, on May 5, 2025, its co-chief executive officers declared a second quarter 2025 base distribution of $0.36 per share, payable on...

We take a look at the action in business development companies through the fourth week of April and highlight some of the key themes we are watching. BDCs saw a 3% total return last week, with the median valuation improving from a 20% to a 10% discount. Rising credit spreads present both challenges and opportunities for BDCs, enabling them to reinvest at wider spreads due to high portfolio turn...

With recession fears rising, BDCs like CION and GECC may face dividend cuts due to economic downturns and potential interest rate declines. CION Investment Corp.'s fundamentals have weakened, with declining net investment income and NAV, raising concerns about its ability to maintain dividends. Great Elm Capital Corp. has shown portfolio growth but faces high leverage and recent income declines...

My BDC Portfolio: 2 Months In And A Clear Alpha Performance

I've been tracking major BDCs for over three years, achieving high total returns and dividends, and outperforming the BDC index. My investments in BDCs are motivated by high yield, diversification from traditional dividend picks, and the potential to outperform in an underexplored market. Yet, there have been many bumps in the process, and some of them quite painful.