Gladstone Capital BDC: Growing 9.6% Yield, NII Upside (GLAD)
Gladstone Capital has seen solid portfolio growth in the last year due to new investments and has NII upside in a rising-rate environment. See why GLAD is a Buy.
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Gladstone Capital has seen solid portfolio growth in the last year due to new investments and has NII upside in a rising-rate environment. See why GLAD is a Buy.
New Mountain Finance raised its 4Q-22 dividend by 7%. BDC’s portfolio income could rise due to floating rate investment exposure. Read more here.
So i'm very comfortable that we're getting a good balance of second liens and first liens because, look. the truth is, when you look at who's under water, over half of what is putting people in america under water today is these second liens. so if we're not getting to that problem -- and that's directly on these banks' balance sheet, it's real pain to them to cut these second mortgages, if we're not dealing with that problem, we're putting our head in the sand. >> with those second liens, isn't that where you get into some personal debt maybe and home equity lines? that's where it gets a litt...