10-01-2022, 08:56 AM
I have owned it a lot the past five years. I do trim the runs when it gets way over NAV due to it's popularity. I think it is very high quality and diversified, but it gets hit with the stock market, rising rates or a scared bond market. Just makes it a tough buy and hold. My returns are outstanding but not if I just held it. MAIN is another excellent BDC. Trades just like ARCC. Buy it below NAV.