
The companys primary investment objective is to provide stockholders with current income, and to a lesser extent, capital appreciation. The companys strategy is focused on income generation, capital preservation, credit quality and providing risk-adjusted rates of return. StoneCastle Financial Corp.... The companys primary investment objective is to provide stockholders with current income, and to a lesser extent, capital appreciation. The companys strategy is focused on income generation, capital preservation, credit quality and providing risk-adjusted rates of return. StoneCastle Financial Corp. invests in term loans, senior and subordinated debt securities, convertible securities, preferred equity and common equity. The investment strategy emphasizes risk-adjusted rates of return and value creation for shareholders. The Schedule of Investments can be found on the Companys website. Current investments are 30.2% in credit securitizations, 22.2% in term loans and other debt securities, 14.9% in preferred stock, 13.5% in pooled equity interest, 12.8% in ETFs, 2.2% in trust preferred securities, and the remaining 4.2% in other securities.2 A majority of the companys underlying investments are scored investment grade (BBB- or better) by Kroll Bond Rating Agency (KBRA). Show more
Period | Change | Change % | Open | High | Low | Avg. Daily Vol | VWAP | |
---|---|---|---|---|---|---|---|---|
1 | 0.17 | 0.812231247014 | 20.93 | 21.2 | 20.8556 | 13357 | 21.08202852 | CS |
4 | -0.07 | -0.330656589513 | 21.17 | 21.43 | 20.8 | 12620 | 21.12406403 | CS |
12 | 0.37 | 1.78485287024 | 20.73 | 21.58 | 20.3 | 18240 | 20.99758394 | CS |
26 | 1.28 | 6.45812310797 | 19.82 | 21.6699 | 19.5735 | 21144 | 20.71953311 | CS |
52 | 2.9 | 15.9340659341 | 18.2 | 21.6699 | 17.91 | 19289 | 19.8182485 | CS |
156 | -0.81 | -3.6969420356 | 21.91 | 23.36 | 13.8 | 16880 | 18.56780515 | CS |
260 | -0.65 | -2.98850574713 | 21.75 | 24.19 | 9.25 | 16377 | 18.818033 | CS |
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