CGBD - Time To Buy 11.3% Yielding TCG BDC With Upcoming Special Dividend Announcement And Share Repurchases
TCG BDC (CGBD) is a business development company ("BDC") that is externally managed by Carlyle GMS Investment Management and part of the Carlyle Group which is a global alternative asset manager with $222 billion of AUM across ~360 investment vehicles (including CGBD).
CGBD Article Follow-Up
In December/January, I purchased additional shares of multiple "oversold" higher-quality BDCs with risk-averse balance sheets prepared for a potential economic slowdown, including CGBD as discussed in "I Just Bought More TCG BDC, Which Is About To Rally With A Safe 13% Yield".
The previous article included