, Tracking Stock Market Picks
Enter Symbol:
Asia Local Debt ETF Wisdomtree (ALD) [hlAlert]

3 Months Gains
down 63.59 %

Allied Capital Corporation (ALD) rated Underweight by JP Morgan

Posted on: Wednesday,  Jun 25, 2008  8:25 AM ET by JP Morgan

Allied Capital (ALD)
rated Underweight by JP Morgan.

Allied Capital Corporation (ACC) is a closed-end, non-diversified management investment company that operates as a business development company. The Company?s investment objective is to achieve current income and capital gains. The Company is engaged in private equity business. The Company primarily invests in debt and equity securities of private companies in a variety of industries. From time to time, it may invest in companies that are public but lack access to additional public capital. At December 31, 2008, the Company?s private finance portfolio included investments in 138 companies. In addition to managing its own assets, the Company manages certain funds that also invest in the debt and equity securities of primarily private middle-market companies in a variety of industries. It may invest in the equity of these funds, along with other third parties. The Company is internally managed.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
as of 12/31/2008
1 Week down  -46.99 %
1 Month down  -14.95 %
3 Months up  78.56 %
1 YTD up  82.76 %

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy