BBDC - MCI: Time To Buy An Outstanding Long-Term Performer

• MCI is a fixed income CEF focused on private placement securities.
• The fund was first offered to the public in 1971 and specializes on middle-market leveraged loans.
• MCI is similar to a BDC in many aspects but has a better historical performance and risk/reward metrics than a number of sizable BDCs.
• The CEF has an outstanding annualized long-term performance, with the 5- and 10-year trailing total returns north of 10% per annum, yet is currently trading at a historic discount to NAV.
• This article covers CEFs from our suite of products - we focus on macro portfolio allocation, CEFs, and yield-generating options strategies, targeting overall yearly portfolio returns of 9%+.

For further details see: