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FS Energy and Power Fund Raises Over $1 Billion in Capital to Support the Rebalancing and Growth of its Portfolio

FS Energy and Power Fund (FSEP) announced it has raised over $1 billion of debt financing that simplifies its capital structure, diversifies its funding sources, enhances its matching of asset and liability duration, and ultimately allows for greater investment flexibility.

Has corporate revenue growth reached its peak?

See why revenue growth forecasts for the rest of 2018 show a pronounced decline despite a strong projection for Q2.

When will volatility revert to its long-term average?

See how recent market volatility compares to its long-term average and what could drive it higher.

Hard to find income, even after 7 Fed rate hikes

Where will investors find income? Seven Fed rate hikes since 2015 have had only a small impact on yields.

Credit market commentary: August 2018

High-duration fixed income, such as the Barclays Agg, performed well in August due to falling 10-year U.S. Treasury yields. Strong corporate earnings and U.S. economic data provided tailwinds for HY Bonds and Senior Secured Loans.

Energy market commentary: August 2018

Upstream and integrated oil companies struggled in August while midstream performance was mixed. MLPs continued their strong run as sentiment has turned more positive. Positive fundamentals drove solid Q2 earnings for many midstream companies.

Amid a low global rate environment, strong demand keeps U.S. rates in check

See how both sluggish economic growth and very low interest rates abroad are impacting U.S. rates.

Credit spreads reach a decade-plus low

See how spreads on corporate bonds have fared over the last 20 years, and why that might point to a prolonged search for income.

Earnings guidance trails off as economic data remains firm

See how the drivers behind the long-running bull market are evolving as we reconcile strong economic data with markedly below-average Q3 earnings-per-share guidance.
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