MRCC Deep Dive: Continued Improvement
MRCC Update:
MRCC's risk profile and dividend coverage are slowly improving but still, plenty of work is needed before upgrading to Tier 3.
Its target prices have been increased slightly to take into lower non-accruals, upcoming lower PIK, NAV reflation, improved portfolio credit, and over-earning the dividend without the need for fee waivers.
However, MRC…