Bain Capital Specialty Finance: Q4, A Double-Digit Yielding BDC That Deserves More Appreciation
ARCCAres Capital(ARCC) Seeking Alpha·2024-04-24 23:30

1001Love/iStock via Getty Images Introduction With high interest rates, many business development companies have enjoyed share price appreciation from their predominantly floating rate portfolios. Over the last two years, since the start of rate hikes, many trade at large premiums to their NAV prices. But there are still a few BDCs that I consider to be of high quality that investors can still get at a discount to their NAV. One of those is Bain Capital Specialty Finance (NYSE:BCSF). And in this article I d ...