NMFC Updated Projections: Stable But Higher Leverage
Summary
I will continue to hold my position in NMFC which has provided annualized returns of 11% to 12% over the last 5 years.
NMFC is still trading below its LT target price with a relatively lower RSI offering a stable higher-than-average dividend yield of 9.2%.
Edmentum was acquired by Vistria Group resulting in a full recovery and gain for NMFC as disc…