Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
|glenbradford-wordpressValue Investing|1 min read

$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.

** **

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.

** **

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,

Glen Bradford

CEO ARM Holdings LLC

www.glenbradford.com

www.armholdingsllc.com

**   ** 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,

Glen Bradford

CEO ARM Holdings LLC

www.glenbradford.com

www.armholdingsllc.com

**   ** 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

Found this useful? Share it.

Act As If

Question Everything, Set Life Goals, Achieve. — Free PDF download or grab it on Amazon.

Enjoyed this? Get more like it.

Glen's Musings — AI, investing, and building things. Occasional. Free.

Related Posts

Keep Exploring

Disclaimer: This blog post reflects the author's personal opinions at the time of writing and is not financial, investment, or legal advice. Glen Bradford holds positions in securities discussed on this site. Past performance is not indicative of future results. Do your own research and consult qualified professionals before making investment decisions. Some content on this site was generated or edited with AI assistance.