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FDUS - Strong Buy With 12% Yield With 30%+ Return Potential: TCG BDC
Fidus Investment Corporation
CGBD Article Follow-Up
In December/January, I purchased additional shares of multiple "oversold" higher-quality business development companies ("BDCs") with risk-averse balance sheets prepared for a potential economic slowdown, including TCG BDC Inc. (CGBD) as discussed in "I Just Bought More TCG BDC, Which Is About To Rally With A Safe 13% Yield".
The previous article included the following CGBD chart and mentioned:
CGBD has declined more than the average BDC, and I purchased shares yesterday at $12.34 for the reasons discussed in this article.