MRCC

Monroe Capital: Why This 13.4% Yielder Sold Off 21%, and What Comes Next

They say almost everything becomes attractive at the right price. And considering the 21% sell off in 13.4% yield Monroe Capital (due to its company-specific challenges, combined with the overall industry and market sell off), it is increasingly tempting to consider the shares of this diversified business development company (“BDC”). This article provides a background on Monroe, analyzes its portfolio and finally concludes with our opinion on whether investors should consider buying shares given its high dividend yield and low valuation.