Open The Door To Venture Capital With Runway Growth Finance Corp.
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Runway Growth Finance Corp. (RWAY) offers a high-yield BDC opportunity, focusing on late-stage VC-backed companies, primarily in the tech sector. The portfolio is diversified with a majority in senior secured loans. Despite potential dividend cuts, management is optimistic about growth, bolstered by a merger with BC Partners.
December 02, 2024 | 10:00 pm
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Runway Growth Finance Corp. offers a 15.4% yield, focusing on late-stage VC-backed companies, with a diversified portfolio mainly in senior secured loans. Management is optimistic about growth, supported by a merger with BC Partners.
RWAY's high yield and focus on tech sector provide a strong investment case. The merger with BC Partners suggests potential for growth, despite risks of dividend cuts due to rate changes.
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