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CION
CION Investment Corporation
6.51
1600 x undefined
1400 x undefined
bid
ask
+
0.28
4.49%
1500 @ 05:41 AM
6.70 +0.19 (2.92%)
Ytd-32.68%
1y-32.61%
6.29
day range
6.54
5.96
52 week range
10.93
Open6.29Prev Close6.23Low6.29High6.54Mkt Cap324.13M
Vol457.18KAvg Vol574.78KEPS-0.04P/EN/AForward P/E7.92
Beta1.14Short Ratio0.68Inst. Own34.70%Dividend1.13Div Yield9.70
Ex Div Date12-02Earning08-1150-d Avg6.92200-d Avg8.431yr Est12.00
Earning
DateForEstimateReportedSurprisesurprise %
2024-11-072024-090.380.40.025.26%
2024-08-082024-060N/AN/AN/A
2024-08-082024-0600.43N/AN/A
2024-05-092024-030N/AN/AN/A
2024-05-092024-0300.6N/AN/A
2024-03-142023-1200.4N/AN/A
Upgrade / Downgrade
DateFirmActionFromTo
2024-10-29Wells FargoUpgradeEqual-WeightEqual-Weight
2024-10-08OppenheimerUpgradePerform
2024-05-15Wells FargoUpgradeEqual-WeightEqual-Weight
2023-08-10Wells FargoUpgradeEqual-WeightEqual-Weight
2023-04-18Wells FargoDowngradeOverweightEqual-Weight
2023-03-17Wells FargoUpgradeOverweight
Profile
CION Investment Corporation is a business development company. It specializes in investments in senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies. The firm invests in growth capital, acquisitions, leveraged buyouts, market/product expansion, refinancing and recapitalization investments. The fund also invests up to 30 percent of their assets opportunistically in other types of investments, including the securities of larger public companies and foreign securities. It also makes investments in the secondary loan market. The fund does not invest in start-up companies, turnaround situations, or companies with speculative business plans. The fund prefers to invest in high tech industries, healthcare, pharmaceuticals, business services, media, chemicals, plastic, rubber, telecommunication, consumer services, advertising, printing and publishing, consumer goods, durables, diversified financials, and other industries. It also invests in homebuilding, restaurants, beverage and tobacco bars, broadcasting, distributors, Non-durable good distribution, food beverage and tobacco, energy, oil gas and consumables fuels, insurance, aerospace and defense, industrial machinery, paper and forest product machinery, information technology, metals and mining, and real estate. It primarily seeks to invest in the United States. The fund seeks to invest between $5 million and $50 million in companies with an EBITDA between $25 million and $75 million with average targeted hold of $30 million. It also purchases minority interests in the form of common or preferred equity in the target companies, typically in conjunction with its debt investments or through a co-investment with a financial sponsor. The fund seeks to exit its investments through an initial public offering of common stock, a merger, a sale, or other recapitalization.
Insider Holder
DateNameRelationQuantityDescription
2024-11-11ARESTIA CHARLIEOfficer0.00Purchase
2024-11-14BREAKSTONE ROBERT A.Director0.00Purchase
2024-08-14BRESNER GREGG APresident0.00Purchase
2023-05-21CHOI CATHYDirector2.00KPurchase
2023-11-26FINLAY PETER IDirector0.00Purchase
2023-05-31FRANZ KEITH SChief Financial Officer71.61KPurchase
Institution Ownership
Report DateOrganizationPositionValuePercentage
2024-09-29Van Eck Associates Corporation1.31M15.03M2.45%
2024-09-29Morgan Stanley1.24M14.30M2.34%
2024-09-29Bulldog Investors, LLC1.04M11.90M1.94%
2024-09-29LPL Financial LLC971.72K11.17M1.82%
2024-09-29Cambridge Investment Research Advisors Inc.912.87K10.49M1.71%
2024-09-29Pinkerton Retirement Specialists, LLC659.17K7.57M1.24%
Fund Ownership
Report DateOrganizationPositionValuePercentage
2024-10-30VanEck ETF Trust -VanEck BDC Income ETF1.24M14.30M2.34%
2024-09-29Special Opportunities Fd909.62K10.45M1.71%
2024-08-30High Income Securities Fund626.38K7.20M1.18%
2024-07-30Putnam BDC ETF349.18K4.01M0.66%
2024-09-29Alternative Credit Income Fund120.80K1.39M0.23%
2024-07-30ETFis Ser Tr I-Virtus Private Credit Strategy ETF55.89K642.12K0.10%
Dividend
DividendDate
0.12026-09-11
0.12026-08-14
0.12026-07-17
0.12026-06-12
0.12026-05-15
0.12026-04-10