FSK presents an optically interesting case, trading at a discount of 9% and offering a yield of 13.6%. Yet, if we look deeper into the details, we will have to conclude that the dividend is at high ...
I am downgrading FSK to sell due to persistent NAV declines, rising non-accruals, and weakening dividend coverage. FSK's net investment income no longer fully supports its high 15.6% yield, forcing ...
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