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Strategies & Market Trends : Dividend investing for retirement

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To: Elroy who wrote (24060)12/15/2015 9:31:27 PM
From: Thehammer  Read Replies (1) of 34328
 
You say PSEC is at the bottom of the BDC lending space, but they don't seem to have abnormal default rates as long as I've been watching them - in fact, they seem to have lower default rates than other BDCs.

Sorry, I should have expounded on that - I meant in terms of discount to NAV. It is in the small universe that I watch - others have declined but not as much.

Markets tend to overact on both ends of the spectrum and savvy investors often pick up some gems. Not sure what category PSEC falls into but I am prepared for more pain along the way...... long more than I'd like to be
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