2Yr·

🇺🇸 Initial purchase #4 in November '22 🇺🇸


Hello dear dividend friends 🙋‍♂️. Today we are not talking about tankers, but about a very nice business development company.


➡️ 100 shares of Carlyle Secured Lending ($CGBD (-0.12%)) were sold at 14.36 USD per share into the portfolio.


➡️ I have added another position or a first tranche to my BDCs, namely Carlyle Secured Lending.


➡️ The reasons were great results on all fronts. CGBD's portfolio got better in terms of quality. Non-accruals were more or less halved, NAV further increased and dividend increased for the second time.


➡️ In terms of valuation, CGBD currently has a discount of 16%, which is well below average. The dividend yield is above average.


➡️ Soon there will be an overview of all my BDCs in a separate article.

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Interesting share! Thanks for your contribution.
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