FS KKR: Q4, Huge Discount To NAV Justified But This BDC Remains A Great Income Play (Rating Downgrade)

Richard Darko/iStock via Getty Images Introduction Many may be wondering how well BDCs will fare in 2024, with rates still expected to decline. I am a big believer in the sector and think they are more than just high interest rate environment investments. With the banking crisis roughly a year ago causing tighter lending standards, I think this will benefit the sector for the long term. And even though many BDCs have rewarded shareholders these past two years with extra income because of their predominantly ...