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LOOK AT CGBD

June 13, 2019. Yesterday we talked about NYMTO, and we did buy.

Today we saw an article about CGBD which is a holding in the Core Portfolio. We bought this two years ago, and it is paying just under ten percent. You can buy or ADD to the current holding……remember: but up to no more than 4% of your portfolio.

As mentioned in “Yield-Starved Investors Still Accumulating BDCs Paying More Than 10% Annually,” business development companies (“BDCs”) have been outperforming the S&P 500 in 2019 but are still paying above-average yields of more than 10%, including TCG BDC (CGBD) and Monroe Capital (MRCC) for the reasons discussed in recent articles.

I believe that CGBD would be an excellent replacement for investors looking to avoid the next meaningful price decline in PSEC. Please read “Time To Buy 11.3% Yielding CGBD With Upcoming Special Dividend Announcement And Share Repurchases” for a detailed discussion.

READ FULL ARTICLE

NOW IN OUR 7TH YEAR

NOTE TO NEW READERS:  Before you buy anything we discuss here, GO to the Core Portfolio tab to see a CURRENT listing of holdings. This blog is designed for investors seeking income.

Keep scrolling down for more. And don’t forget to hit the like button. Go Here For “About and Links”

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