I’ve mentioned KCAP a couple of times and today I finally ran out of new ideas and was able to go back and cherry pick it out of my best old ideas that never got bought.
I like the idea of BDC’s in general and KCAP looks like the best of the bunch. It’s another stock I’ve owned before and should have held on to. Heckuva dividend.
I would expect it to follow the economy (up or down) times 2.
I’m going to wait until after the market opens to buy.