CGBD Updated Projections & Pricing: 10.7% Yield
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Summary
CGBD is currently one of the highest-yielding BDCs even compared to higher-risk companies such as PSEC, AINV, MRCC, and FSK.
As shown below there was a recent pullback in the stock price on May 25, 2021, with increased trading volumes (around five times the average daily volume).
Non-accruals remain around 3.3% of the portfolio but I am expecting …