CCAP - My Income Portfolio's Year-End Check-Up

January, 01 2023 07:59 AM Crescent Capital BDC Inc.

Summary

Financial markets are set to close a difficult year amid the war in Ukraine, pandemic aftershocks, and inflation-eroding purchasing power.
As always, the first rule for every investor is to try to survive and avoid making mistakes that could prove fatal.
As for me, I hope I have not committed too many mistakes in employing my cash to build new positions and consolidate existing ones.
My portfolio has been floating around parity for most of the year, but, with the recent dollar’s decline, it is experiencing a loss of several percentage points.
Despite this, I remain confident about my purchases, and in this article, I try to summarize the thinking behind my choices.

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