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NEW BUY

September 11, 2019. We are placing a Buy Limit order for CPTAL, a TERM ‘baby bond’ that matures in May 2022. The price has recently dropped (we buy when positions are on sale) but it appears to be turning upward. The order is at $24.81 and will probably NOT be filled at this price. Due to thin trading on this issue, you will have to adjust the price, probably upward to get filled———likely $24.87.

Capitala is a BDC business development company that is investing in approximately 47 different companies.

Capitala Finance Corp., 6.00% Notes Due 5/31/2022
Ticker Symbol: CPTAL     CUSIP: 14054R304     Exchange: NGS Security
Type:   Exchange-Traded Debt Security

QUANTUMONLINE.COM SECURITY DESCRIPTION:  Capitala Finance Corp. 6.00% Notes Due 2022, issued in $25 denominations, redeemable at the issuer’s option on or after 5/31/2019 at $25 per note plus accrued and unpaid interest, and maturing 5/31/2022. Interest distributions of 6.00% per annum ($1.50 per annum or $0.3750 per quarter) will be paid quarterly on 2/28, 5/31, 8/31 & 11/30 to holders of record on the record date that will be 2/15, 5/15, 8/15 & 11/15 respectively

Here is a good article on the effects of $15 minimum wage.

https://www.zerohedge.com/news/2019-09-09/costs-consequences-15hour

Every so often Kiplinger offers a free copy of their income newsletter. We do NOT subscribe to Kiplinger products. By the way we just learned that the local library carries numerous financial newsletters, all of which are rather expensive if you subscribe. Check out your library to see what they may offer: why pay when they are free!!!!

https://www.kiplinger.com/store/samples/kii_recent_issue.pdf

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