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More on Fifth Street Finance (FSC) FQ4 earnings: Net asset value/share of $9.92, up from $9.85...

More on Fifth Street Finance (FSC) FQ4 earnings: Net asset value/share of $9.92, up from $9.85 on June 30. Current price of $10.63 is a 7.2% premium. Net investment income of $0.27/share, down $0.01 from a year ago. Current rate of dividends - declared through Feb. 2013 - is $0.29/quarter. Weighted average yield on debt investments of 12.04% (including cash holdings of 11%), down 9 bps from Q2. (PR)
Comments (5)
  • Price ought to drop to NAV $9.92 sometime in the near future, especially since some people seem to be afraid to collect divs next year. I'm waiting.
    29 Nov 2012, 10:10 AM Reply Like
  • FSC looks fine, FSCE looks better.
    29 Nov 2012, 10:53 AM Reply Like
  • What is FSCE? Can't find it on the FSC site?
    30 Nov 2012, 04:45 PM Reply Like
  • FSCE is an exchange traded corporate bond. Go to http://bit.ly/11ftc6I and research FSCE. You will have to register but they don't require a credit card. This is a great site. You can freeload, or you can make voluntary contributions. Happy hunting and happy holidays. Ooops! Correction: http://bit.ly/qWc98b
    1 Dec 2012, 07:56 AM Reply Like
  • Many thanks!
    2 Dec 2012, 10:50 AM Reply Like
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