Monroe Capital: The Risks Are Still Too Excessive To Go Long

Hiroshi WatanabeIn December last year, I wrote an article on Monroe Capital (NASDAQ:MRCC) outlining three specific reasons why investors should, in my opinion, avoid investing in this BDC. These reasons were the following:  Low margin of safety in the dividend coverage. One of the highest leverage profiles in the BDC space. Clear signs of deteriorating portfolio quality.  Back then, in light of expectations on falling interest rates and an increased distress in the corporate segment, investing in a BDC, ...