Oct. 24 at 8:36 PM
$MAIN — The top-tier BDC, full stop.
Internally managed ✅ | Ultra-low non-accruals (~0.2%) ✅ | Consistent dividend growth ✅
Currently trading around 1.35× NAV (bottom of its historical 1.4–1.7× range).
Yield hovering near 7.3%, supported by strong NII coverage.
With Fed cuts ahead → lower funding costs, higher valuations, more inflows as liquidity returns.
Main Street Capital isn’t a value trap — it’s the benchmark for credit quality and discipline.
If rates fall and the “money printer” starts humming again,
$MAIN $65–70 is realistic while paying you monthly.
