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SUNS Update: Q2 2021

SUNS Update: Q2 2021

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BDC Buzz
Aug 04, 2021
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SUNS Update: Q2 2021
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Summary

  • For Q2 2021, SUNS did not fully cover its dividends due to no fee waivers (same as the previous quarter) combined with being under-leveraged.

  • However, leverage continues to increase and there was a meaningful increase in the portfolio yield.

  • Management has guided for portfolio growth given its extremely low leverage with a current debt-to-equity of…

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