Analysis, ideas and strategies for building wealth from a pro

Noteworthy News: Business Development Companies

Professor Glenn A. Okun

Main Street (MAIN): The company expects fourth quarter net investment income of $1.06 to $1.08 and net asset value per share of $29.17 to $29.23.  This would represent an increase of .84 to .90 per share, or 3.0% to 3.2%, from net asset value per share of $28.33 as of September 30, 2023.   Realized and unrealized gains in portfolio value were responsible for the net asset value gain.  MAIN generated an estimated return on equity of over 22% for the fourth quarter.

N.B.: MAIN continues to provide excellent shareholder value.  It has set records for net asset value, net investment income per share and return on equity on a quarterly and year over year basis. 

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