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Buy Gladstone Investment Before The IPO Market Defrosts
GAINGladstone Investment(GAIN) Seeking Alpha·2024-03-05 04:06

imaginima Rising rates have impacted asset classes across the board, ushering in an unprecedented era of investing. A rapidly rising Federal Funds rate impacted income-producing investments across the board as valuation pressure proved inescapable. However, one sector remained insulated. In fact, rising rates served as a significant tailwind for these lenders in general. The past two years have put a spotlight on business development companies, or BDCs. BDCs are specialty finance companies that act as capit ...