TheStreet downgraded American Capital Senior Floating Ltd (NASDAQ:ACSF) to Hold in a report released today.
- Updated: October 1, 2016
TheStreet has downgraded American Capital Senior Floating Ltd (NASDAQ:ACSF) to Hold in a report released on 9/27/2016.
Yesterday American Capital Senior Floating Ltd (NASDAQ:ACSF) traded -0.54% lower at $11.09. The company’s 50-day moving average is $11.01 and its 200-day moving average is $10.41. The last stock close price is up 5.95% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 46,719 shares of the stock were exchanged, up from an average trading volume of 38,844
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American Capital Senior Floating Ltd has a 52 week low of $7.86 and a 52 week high of $11.93 The company’s market cap is currently $0.
About American Capital Senior Floating Ltd (NASDAQ:ACSF)
American Capital Senior Floating, Ltd. is a non-diversified closed-end investment management company. The Company's investment objective is to provide attractive, risk-adjusted returns over the long term primarily through current income while seeking to preserve its capital. It manages a leveraged portfolio composed primarily of diversified investments in first lien and second lien floating rate loans principally to the United States-based companies (collectively, Senior Floating Rate Loans or SFRLs), which are referred to as leveraged loans. It invests in equity tranches of collateralized loan obligations (CLOs), which are securitized vehicles collateralized primarily by SFRLs, and it may invest in debt tranches of CLOs. In addition, it may selectively invest in loans issued by middle market companies, mezzanine and unitranche loans and high yield bonds. It has over 80% of its assets in Senior Floating Rate Loans. The Company is managed by American Capital ACSF Management, LLC.
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