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SLIDESHOW: 10 Top Ranked Dividend Paying Financials
By Dividend Channel Staff, updated Tuesday, June 18, 7:11 PM
KCAP Financialis an internally managed, non-diversified closed-end investment company .Co. originates, structures and invests in senior secured term loans, mezzanine debt and selected equity securities primarily in privately-held middle market companies. In addition, Co.'s wholly-owned portfolio company, Katonah Debt Advisors and its controlled affiliates (collectively, Katonah Debt Advisors), manage collateralized loan obligation funds (CLO Funds) that invest in syndicated loans, high-yield bonds and other corporate credit instruments. Co.'s investment portfolio consists of three primary components: debt securities, CLO fund securities and Co.'s investment in Katonah Debt Advisors.
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