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home / news releases / MAIN - FGB: Higher Interest Rates Make This Fund Hold Up Better

MAIN - FGB: Higher Interest Rates Make This Fund Hold Up Better

Main Street Capital Corporation
  • FGB has been performing about flat for the year, which is better than most other investments at this time.
  • This might be surprising since it is generally a riskier position, but this is because BDCs can actually benefit from higher interest rates.
  • The fund's discount is right near our 8% buy target, but even now could be a fine time to add if you want a basket of BDCs.

For further details see:

FGB: Higher Interest Rates Make This Fund Hold Up Better
Stock Information
Company Name: Main Street Capital Corporation
Stock Symbol: MAIN
Market: NYSE
Website: mainstcapital.com
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