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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (40396)7/25/2011 3:02:16 PM
From: Paul Senior  Read Replies (1) of 78754
 
MVC: I'll add back a few shares of this Business Development Company.

Company continues its share repurchase program. (This seems unusual for a bdc. Usually these guys issue more shares, not contract the outstanding shares.)

Yield of 3.5% is very small compared to distribution yields of other bdc

One positive imo: "As of the close of trading on July 18, 2011, the Fund's shares were trading at a 25% discount to its June 30, 2011 unaudited net asset value per share of $17.33."

Like watching grass grow (no catalyst for the stock to move up or down):
finance.yahoo.com
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