Carlyle Secured Lending: Improving Fundamentals Warrant A Buy (Rating Upgrade)
CGBDCarlyle Secured Lending(CGBD) Seeking Alpha·2024-04-18 01:52
Userba011d64_201January this year, I wrote an article about Carlyle Secured Lending (NASDAQ:CGBD), which is a relatively small sized BDC with a focus on traditional and already established businesses. At that time, I indicated several aspects of CGBD, which made it an interesting BDC to consider in investor portfolios. For example, the major exposure to first lien investments coupled with a diversified portfolio across relatively defensive sectors clearly helped de-risk the portfolio. The underlying div ...