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Stock impact report

SLR Investment: The Glaring Vulnerability No One Talks About [Seeking Alpha]

SLR Investment Corp. (SLRC) 
Last slr investment corp. earnings: 2/20 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: solarcapltd.com/companyoverview
Company Research Source: Seeking Alpha
Since the pandemic, SLRC's capital integrity has suffered. Despite reporting substantial capital losses, SLRC held its dividend steady, a feat achieved through ramping up leverage. Investment Thesis Most of us know that BDCs must legally distribute 90% of their annual income as dividends, making them popular among income-oriented investors. What is less known are the deeper ties to the historical events that shaped the industry and, crucially, led to its greatest vulnerability. The Small Business Investment Incentive Act of 1980, which amended the 1940 Investment Company Act and created BDCs, was formulated in a climate of urgency. It established the legal structure of BDCs as a swift remedy to the economic disruption of the mid-1970s and the resulting crises within small businesses arising from geopolitical challenges of the Yom Kippur War of 1973 and the subsequent oil embargo, culminating in the 1980 recession. In a bid to increase BDCs' appeal as an investment vehicle and Show less Read more
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