Panic-selling in income producers (I, II) infected the BDC's as well, notably Main Street (MAIN)...

|About: Main Street Capital (MAIN)|By:, SA News Editor

Panic-selling in income producers (I, II) infected the BDC's as well, notably Main Street (MAIN) and Triangle (TCAP), both down more than 10%. Fed meddling seemingly can't hurt their returns, but most names in the popular sector trade well above their net asset values (MAIN is 57% above Sept. 30 NAV after today's decline, TCAP 47%), making them vulnerable to a change in sentiment even if business is doing fine.