Goldman Sachs BDC: Lock In A High-Quality 12% Yield On The Drop

Richard Drury I found myself adding to my position in Goldman Sachs BDC (NYSE:GSBD) last week as the company’s share price stabilized after an undeserved sell-off earlier in May. In my opinion, Goldman Sachs BDC’s first lien strategy paired with its ability to consistently deliver high distribution coverage ratios skewed the risk profile further to the upside, especially now that the BDC's shares trade at a lower price-to-NAV ratio. Goldman Sachs BDC also has revaluation potential as the Federal Reserve ...