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Baby Bond “GAINN” & Preferred Stock “GAINL” Update
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Baby Bond “GAINN” & Preferred Stock “GAINL” Update

BDC Buzz
Jul 15, 2021
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Summary

  • GAINN and GAINL are considered lower risk for many reasons including asset quality and higher coverage ratios as shown below in the updated projections for GAIN.

  • GAINN and GAINL have higher trading volumes and are less likely to be redeemed/called.

  • GAIN is currently yielding 6.6% (with supplementals) compared to GAINL effective yield of 6.2% and a …

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