InvestorsHub Logo
Followers 322
Posts 32201
Boards Moderated 22
Alias Born 12/30/2004

Re: None

Monday, 03/30/2020 1:37:51 PM

Monday, March 30, 2020 1:37:51 PM

Post# of 116715
SLRC (10.61) and PFLT (5.18) are BDCs (Business Development Corporations) - high yield closed end funds that invest in and loan money to small businesses. The sector has been hard hit but these two look oversold and have seen insider buying. I picked up very small starter positions this morning.

An ETF for the space is BIZD (9.68), yielding over 15%, but surely the dividend will be cut .....
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.