GLAD Projections: Baby Bond "GLADL" Recommendations
Summary
This report discusses GLAD and its Baby Bond “GLADL” which will likely be redeemed early as discussed in this and previous reports.
I previously started a position in GLAD using proceeds from trimming my position in MAIN.
As shown below, GLAD has outperformed the average BDC over the last 18 to 19 months easily beating other higher quality BDCs inc…