Galeanu Mihai Mid May, this year, I wrote an article on Barings BDC (NYSE:BBDC) outlining a relatively neutral thesis on this particular BDC. While the quarter brought several messages of improving fundamentals and defensive dividend coverage, there were still a couple of issues unresolved such as high concentration in portfolio companies that are performing below expectations, high leverage and potential consequences of forthcoming fixed rate debt rollovers. As a result of this, my decision was to not  ...