Introduction
I rarely issue 'Sell' recommendations for business development companies ("BDCs") as investors can sit back and collect dividends while waiting out market pullbacks and temporary credit issues.
However, on September 27, 2019, I issued a 'Sell' for Solar Senior Capital (SUNS) to subscribers of Sustainable Dividends for the reasons discussed in this article. SUNS is thinly traded with around 40,000 shares per day prior to my announced sale:
What Is A BDC?
Business Development Companies ("BDCs") were created by Congress in 1980 to give investors an opportunity to invest in private small