CION InvestmentCION
CION
About: CION Invt Corp is an externally managed, non-diversified, closed-end management investment company that has elected to be regulated as a business development company. The Company's portfolio is comprised of investments in senior secured debt, including first lien loans, second lien loans, and unitranche loans, and, to a lesser extent, collateralized securities, structured products and other similar securities, unsecured debt, and equity, of private and thinly-traded U.S. middle-market companies. Its investment objective is to generate current income and, to a lesser extent, capital appreciation for investors.
0
Funds holding %
of 7,312 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
6% more repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 51
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]
0% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 24
0.11% less ownership
Funds ownership: 36.51% [Q4 2024] → 36.39% (-0.11%) [Q1 2025]
3% less funds holding
Funds holding: 174 [Q4 2024] → 169 (-5) [Q1 2025]
51% less call options, than puts
Call options by funds: $207K | Put options by funds: $424K
67% less capital invested
Capital invested by funds: $611M [Q4 2024] → $200M (-$411M) [Q1 2025]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$9
8%
downside
Avg. target
$9
8%
downside
High target
$9
8%
downside
1 analyst rating
0 positive
0%
0 neutral
0%
1 negative
100%
Wells Fargo Finian O'Shea | 8%downside $9 | Underweight Maintained | 28 Apr 2025 |
Financial journalist opinion
Based on 4 articles about CION published over the past 30 days
Negative
Seeking Alpha
1 week ago
BDC Dividend Cut Storm Likely Ahead
High-income investors face limited options for sustainable, high-yield investments, with traditional asset classes often highly correlated and yields rarely exceeding 7-9%. Business Development Companies (BDCs) offer attractive yields averaging 12.8%, with several high-quality players maintaining dividends even through challenging periods like COVID-19. However, rising interest rates pose a significant risk to BDC dividend sustainability, making it critical to reassess current exposures and avoid potential value impairments.
Neutral
Business Wire
1 week ago
CION Investment Corporation Schedules 2025 Second Quarter Earnings Release and Conference Call
NEW YORK--(BUSINESS WIRE)--CION Investment Corporation (NYSE: CION) (“CION”) announced today that it will report its financial results for the second quarter ended June 30, 2025 on Thursday, August 7, 2025, prior to the opening of the financial markets. CION will discuss those results in an earnings conference call at 11:00 a.m. ET that same day. Participant Dial-in Numbers: Domestic (Toll-Free): 877-484-6065 International (Toll): +1 201-689-8846 All participants are asked to dial in approximat.
Neutral
Seeking Alpha
1 week ago
The BDC Promise Vs. My Portfolio: What I Learned The Hard Way
BDCs are high-yield assets that can come in handy for income investors. Yet, attractive yields tend to be there for a reason. In the article, I share my key lessons learned from my relatively successful BDC investment journey.
Negative
Seeking Alpha
3 weeks ago
Dividend Cut Alert: Big Dividends Getting Risky
High-yield stocks can be powerful income and total return generators. However, many of them are at risk of a dividend cut. We share two big dividends that are at risk of cutting their dividends in the near future.
Negative
Seeking Alpha
1 month ago
The More It Tanks, The More It Stanks
High-yield stocks that trade at deep discounts to NAV often attract value-oriented income investors. However, most of the time, these investments are value traps. I share two popular stocks like this whose dividends I think are at risk and will likely deliver disappointing total returns to shareholders moving forward.
Positive
Seeking Alpha
1 month ago
2 Picks For Monthly Distributions And Participating With Activists
Closed-end funds offer unique opportunities due to the structure, which allows for the share price to swing wildly different from the underlying portfolio value. There are activist groups that specifically target these in a way to take advantage of this feature within the closed-end fund space. On top of that, it also provides significant diversification by investing in already diversified CEFs, and additionally, this can translate into strong monthly distributions.
Positive
Seeking Alpha
1 month ago
BDC Weekly Review: NII Is Stabilizing
We take a look at the action in business development companies through the third week of May and highlight some of the key themes we are watching. BDCs have rebounded strongly, with most lenders up for the month and sector valuations approaching long-term averages, signaling renewed investor confidence. Key income headwinds from Fed rate cuts are behind us; leverage and lending spreads are rising, supporting net investment income (NII) stability.
Positive
Seeking Alpha
1 month ago
2 BDCs To Boost Your Passive Income
Business development companies, or BDCs, can provide relatively high yields, making them attractive for income-focused investors. Not all BDCs are the same, with each having their own unique focus and how they attempt to deliver those higher yields. Today, we are looking at two higher-yielding BDCs that, I believe, are attractive to help boost one's portfolio yield.
Positive
Seeking Alpha
1 month ago
CION Investment: Price To Book Discount Provides Margin Of Safety
CION offers a 15% yield and has outperformed both high-yield bonds and the average BDC over the past three years. Despite concerns over declining book value and high Payment in Kind (PIK) income, CION trades at a steep 0.72 price-to-book discount. Management uses share buybacks to offset book value declines, and the discount provides a margin of safety for riskier lending.
Negative
Seeking Alpha
2 months ago
Dividend Cut Alert: High Yields Getting Risky
Blue-chip high yields are often looked to for stable and attractive passive income and total returns. However, several of these are on increasingly shaky footing right now. I detail why and share some examples in the article.
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