Categories: U.S. Investing

Get a BDC at a Discount & Grab 11.9 Percent Yield

Get a BDC at a Discount & Grab 11.9 Percent Yield (SeekingAlpha)

It is not often that the market offers up a gift to investors, but that may just be the case with Horizon Technology Finance Corp. (HRZN). This business development company (BDC) exists in the tech sector, making it one of the few lending entities that handles loans to businesses in cloud computing, communications, networking, drug discovery, alternative energy and water purification, among other areas. And recently, its shares took a 10 percent hit, based on a combination of fears that certain indexes may drop BDCs from their listing. I don’t know about you, but here at Eagle Financial Publications, we’re looking at HRZN as an underpriced BDC that offers an enticing 11.9 percent yield.

Wayne Ellis

Wayne Ellis has been involved in the financial publishing industry for more than 15 years. During that time, he has helped to edit, to market and to launch products and services for Ernst & Young, LLC, Fidelity Investments, Agora, LLC, and Eagle Financial Publications. He currently puts his broad-based experience and industry expertise to use as a contributing writer for Eagle Financial Publications. He also is a graduate of Arizona State University.

Recent Posts

Sample Weekday Wrap/Closing Comments

This content is for paid subscribers only. To gain access subscribe to one of our…

2 months ago

Soft Landing Premise Still Driving Bullish Narrative

It is hard to find a seasoned investor who doesn’t believe the stock market is…

6 months ago

Are You Prepared for the Next Market Collapse?

No one believes a financial disaster can strike… until it’s too late. That’s bizarre, considering…

1 year ago

Options Industry Council (OIC) – What is It?

The Options Industry Council is a resource used to educate investors about the benefits and…

1 year ago

Put-Call Parity – Defined and Simplified

The put-call parity is the relationship that exists between put and call prices of the…

1 year ago

Three Cheers for the Magnificent Seven

“It’s not a stock market, it’s a market of stocks.” -- “Maxims of Wall Street,”…

1 year ago