New purchase: Ares Capital Corp

Started new position in portfolio with purchasing 25 shares of Ares Capital Corp (NYSE:ARCC). Ares Capital Corporation, incorporated on April 16, 2004, is a specialty finance company. The Company operates as a closed-end, non-diversified management investment company. The Company's investment objective is to generate both current income and capital appreciation through debt and equity investments. It invests primarily in the United States middle-market companies.

ARCC pays dividend quartely with 3-6-9-12 schedule. My starting yield of cost is at 9.24%