This has been a rocky period for BDCs in general nunthia, although for PSEC to continue trading this far below NAV is unusual. I will swallow my trepidation and buy some more next week if it keeps trading this low.
All my dividend paying stocks & ETF's were in the red today. We all wanted high dividends & now most are getting slammed for paying them. Nothing wrong with PSEC, just the way the market is...pay a good dividend and now punished for it due to fiscal cliff & possible new tax rates on dividends.