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I agree with @Mark . BDCs are in general not currently on sale. BXSL was added to my portfolio in July of 2022 when it looked to me to be on sale. So far, so good with that purchase.
Found the chart which confirms what you told me. But I can find no actual NUMBERS. Anyhow, I'm glad you both responded! I've got this cash. I don't want it just SITTING. From other threads, you'll notice I've been looking for a REIT. But they're all RISING with the Market. This morning, a Limit Order for BXSL got very CLOSE to executing, but no. It's trading at such a premium, I guess I'll pull the plug on that one, too. Dooky!
@Crash - if you look at the table I linked you'll find the NAV in the next column right of the market price. Do note that it lags by a few months but you might find a current NAV at the company's web site.
@BaluBalu - as @davfor noted all BDC's seem to have elevated market prices at present but I am looking for an opportunity to add to FDUS, ARCC & TRIN. I personally wouldn't buy PSEC even if you gave me your money. Poor management most of all and they run in streaks. (Watch them blow through the roof now that I've said this.)
FWIW there's a poster at SeekingAlpha 'bekster' who is extremely tuned in to these devils.
Comments
https://cefdata.com/funds/bxsl/
Found the chart which confirms what you told me. But I can find no actual NUMBERS. Anyhow, I'm glad you both responded! I've got this cash. I don't want it just SITTING. From other threads, you'll notice I've been looking for a REIT. But they're all RISING with the Market. This morning, a Limit Order for BXSL got very CLOSE to executing, but no. It's trading at such a premium, I guess I'll pull the plug on that one, too. Dooky!
@BaluBalu - as @davfor noted all BDC's seem to have elevated market prices at present but I am looking for an opportunity to add to FDUS, ARCC & TRIN. I personally wouldn't buy PSEC even if you gave me your money. Poor management most of all and they run in streaks. (Watch them blow through the roof now that I've said this.)
FWIW there's a poster at SeekingAlpha 'bekster' who is extremely tuned in to these devils.