Carlyle Secured Lending: Strong Fundamentals Make This BDC A Perfect Portfolio Addition On A Pullback

Solid NAV Growth Introduction Carlyle Secured Lending is a fairly new BDC having IPO'd just 7 short years ago. They are an externally-managed BDC that lends to U.S middle-market companies with EBITDAs in a range of $25 - $50 million. Most of their loans are highly-diversified in Investment Funds, Healthcare & Pharmaceuticals, and Software. CGBD reported their Q1 earnings in early May with a beat on their bottom line. Net investment income came in $0.02 above analysts' estimates at $0.54. Although this decli ...