I am new to FULL- watching alongside PSEC, etc. I see very little volume and any one big seller can take it down quickly. Any dividend cuts on the horizon that we don't know about? Any opinions? Thanks.
Just doing some research myself. Combing through the group seeing if I can find any bargains. You may want to read thru the Nov. 8th EPS report if you haven't already.
Divs for Jan. - March already declared and not covered by EPS estimates for fiscal '13, although there is only 1 analyst putting out an estimate.
Leverage is about 1/2 of total capital which is high, but around $10 million of stock was sold since the last report, so that number may have improved a little.
Summary.........If I but any of this it won't be much. Risky bal sheet and a div not covered by earnings. I always like the monthly divs though.
I'm a former holder of PSEC, FSC, and many other BDCs. All to expensive to buy now (vs NAVs anyway....IMHO), but some yields are stii nice. Might see more stock offerings. Do hold a small amount of SUNS bought this week after their offering @ 10.63.