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Posted by
Two Blokes Jul 8 -
Filed in
Stock
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Runway Growth Finance Corp.'s baby bond RWAYL is a top pick when trading below or near par, currently offering an attractive high yield. The company's portfolio is highly diversified, with 63% exposure to the technology sector and investments in 47 companies. RWAY maintains a moderate leverage ratio of 47.65% and a gross-asset non-leverage expense ratio of 3.68%.
