Chasing the Yield
Investing for income through dividends and distributions
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Sixth Street Specialty Lending announced possible share buybacks
In a letter to shareholders dated October 13, 2021, Sixth Street Specialty Lending announce they may buy back shares from time to time. Below is the text of their letter signed by Joshua Easterly, CEO. October 13, 2021 Dear TSLX Stockholders: In accordance with Section 23(c)(1) under the Investment Company Act of 1940, we are…
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You may no longer gain so much from your capital gains
Accountants are going to have to get creative should the legislation pass. In addition, the marriage penalty is enormous. If I was in that income bracket I would hold off getting married before I take such a large hit. If passed, the new tax law hits married couples hard if they make $450k or more.…
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Low Yield Portfolio sector rebalance
It’s time for me to do a little rebalancing of my Low Yield Portfolio. Both the Low Yield and Medium Yield Portfolios are too heavily weighted in the Financial sector. They are is 26% and 28% respectively and that leaves me a little too exposed to shocks in that sector. So I’ve decided to tweak…
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Höegh LNG Partners reaches agreement with lenders to defer maturity date of the commercial tranche of its PGN FSRU Lampung debt facility
I’m not sure if this is good news or bad news. They don’t expect the refinancing to have better terms than the current debt. Therefore, if that is true, it will have a negative impact on unitholders. Höegh LNG Partners LP (HMLP) announced that it has entered into an agreement with its lenders to defer…
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Profit taking on Albemarle (ALB)
I purchased my holdings in Albemarle (ALB) on August 28, 2019 at $59.06/share. The stock price is up 282% since then and I think it now may be overvalued. In addition, Albemarle’s current dividend yield is only 0.72%. I’m going to reduce my holdings in Albemarle back to my original investment of $5,000, take those…
