So, in my opinion, opportunities in the BDC industry are still out there. The MCC example describes an externally managed BDC whose advisor has tons of experience. It is a NYSE company with a strong following from investment bankers. It has a lot of options toward leveraging up and thus increasing earnings and dividends. It sells below book and best of all will deliver those high dividend payments which provide some level of stability over whatever investment term we choose. If you want a second idea from the list of stocks selling below book, take a look at Horizon Technology Finance Corp. (HRZN). It came to market last October 29th. It has declared its' initial dividend in December and is expected to increase that dividend in May. Good hunting. As always, all of the above is just one opinion. Jan 814
....Bought PNNT just over 12 months ago at $8.12 and collected just over 6k in dividends. Not sure I could have done better albeit having bought more shares! PSEC is closing in fast on PNNT and now FSC has risen from the bottom of the tank! If economy keeps plugging along, MCC and some others may become stars too! LOL!