Carlyle Secured Lending: Valuation Collapse Makes This BDC A Buy

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  Posted by Two Blokes Jun 14 - Filed in Stock - 7 views
  
  CGBD features an 11.5% yield and trades at a 16% discount to NAV. The recent merger with CSL III increased portfolio size, improved first-lien allocation, and eliminated preferred stock dilution overhang. Despite a slight NAV decline and rising non-accruals, portfolio quality remains solid and returns are in line with the sector average.