u/vapidspants

MAIN pricing

I am curious how many of the BDC income investors feel about MAIN pricing pulling back from all time highs to a more reasonable $50.xx range.

I personally feel it represents the best entry point since the pandemic bull run started. There are concerns with rising expenses, missing the recent earnings, but it still enjoys a 1.5x price to nav.

I'm just trying to decide if I should load up in a lump sum or do daily buys to DCA over the next month or so. Unlike some of the other income producing funds or CC ETFs we all like in this sub, BDCs still seem to have a decent buying opportunity while the rest of the market has rushed back over the past few weeks. Interested in your thoughts.

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u/vapidspants — 7 days ago