Leveraged Loan Insight & Analysis – 9/12/2022

BDC share price-to-book value remains above recent lows


BDC share price-to-book values have bounced around recently, impacted by shifting investor sentiment. The average share price-to-book value is at 0.91x as of September 9, down from 0.95x in mid-August but is still up from a recent low of 0.80x in June. There are wide variations in valuations between individual BDCs.