Horizon Technology Finance: Investment Income, Dividend Coverage, And NAV Are Dipping

Horizon Technology Finance's (NASDAQ: HRZN ) dividend yield has swelled to its highest level on record. This has come with the business development company ("BDC") trading at a small premium to net asset value ("NAV") per share and faced with mountingThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companie ...