Weekly Series: mREIT And BDC Recommendations (And Price Targets) As Of 12/08/2024

Hi subscribers.

We aim to retain the same layout from week to week. 

Weekly Notes From Colorado Wealth Management Fund

Positions: 0 trades last week. 

Commentary: Rates were pretty much flat over the last week. I posted previews for upcoming Seeking Alpha articles & bonus content on Rexford (REXR) and Digital Realty (DLR). If you haven't seen that yet, make sure to check it out.

Weekly Notes From Scott Kennedy

Positions: 0 trades this past week.

In general, I am continuing to be patient regarding selectively deploying capital in attractively-valued mREIT common stocks.  My sector allocation to mREIT common stocks remains high (thus aligning with continuing to hold existing positions and selectively adding for future appreciation).  Patience remains key as catalysts/events will take time to play out (especially within commercial/multifamily mREITs).

BDC Weekly Change: Similar to the prior 8 weeks, high yield/speculative-grade credit spreads remained relatively unchanged this past week.  Quarter-to-date, spreads have slightly tightened.  

BDC Other Comments (Current Week):

PART 1 of our quarterly BDC sector comparison article (which included updated metrics regarding all 15 covered peers as of 9/30/2024) was provided to subscribers in early December 2024.

PART 2 of our quarterly BDC sector comparison article (which included updated metrics and Q4 2024 dividend projections regarding all 15 covered peers) was provided to subscribers in early September 2024.  An updated PART 2 BDC sector comparison article will be provided in mid December.

You can find the BDC sector comparison series here.

Calendar Q2 + Q3 + Q4 2024 Recommendation/Target Range + Risk/Performance Upgrades (Downgrades) (Running Tally):