$FULL
Interesting, thanks will, I’ll look into this… 3 hours later from new Orleans, I’m presently listening to the conference call.
12.89 9.11
9.11 book value, average coupon rate is 12.89% ~ payments of $1.17/share per year.
Most of their statistics are better than your average bdc. 100% cash payments 95% senior secured credit facilities.
Present price of $7 with $0.924 of dividends per year.
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They aren’t overleveraged. Slrc has 0 leverage btw. I like that one and am daytrading it. I think I’ll daytrade this too… increase my yield while decreasing my risk profile.
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For $7 you get roughly 16.7% annualized return at present…. 13% of that is paid out in cash dividends. Not bad at all.
Do Not Lose,
CEO ARM Holdings LLC
** ** None of the above is intended as investment advice. I can't guarantee the information I gathered is from an accurate source. I may buy or sell any stock or security without prior notice.
Disclaimer: http://www.glenbradford.com/disclaimer.php
From: Will Thrower Sent: Sunday, January 01, 2012 5:36 PM To: Glen Bradford Subject: Re: next favorite
right now i only own mostly YLO and a little FULL. FULL is not terribly interesting, just a straightforward BDC trading at a 30% discount to NAV and paying a monthly distribution amounting to a 14% annual yield.
On Fri, Dec 30, 2011 at 3:31 PM, Glen Bradford wrote:
After dexo and lee and ylo, what is your next favorite?
** **
Do Not Lose,
CEO ARM Holdings LLC
** ** None of the above is intended as investment advice. I can't guarantee the information I gathered is from an accurate source. I may buy or sell any stock or security without prior notice.
Disclaimer: http://www.glenbradford.com/disclaimer.php
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