Barings BDC offers a first-lien focused portfolio with strong origination and asset quality. BDC trades at a 19% discount to NAV despite covering its 11.6% yield with net investment income. The BDC's ...
The market seems to question the true fair value of BDC portfolios. There is a fear that the BDCs will start to report elevated non-accruals, which would make their life more difficult (as they have ...
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