FS KKR Capital: The Discount Is Not Unjustified, But The Bottom Is In

I'm partially on the same page as bears on FS KKR Capital's ( FSK ) discount to net asset value ("NAV") being justified on the basis of its elevated nonaccruals at fair value and increasingly weaker dividend coverage. However, the BDC grew NAV on aThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, ...