BUY Conviction3/5 Analysis quality65/100 now
The YouTuber recommends PNN for its 12.3% dividend yield, noting its broader focus across the capital structure compared to PFLT, with 58% first-lien secured debt, 22% equity, and 13% subordinated debt. This slightly riskier portfolio offers a higher dividend yield and potential for higher price returns, as evidenced by its 33% share price increase over the last year.
“This is a little riskier portfolio with 22% equity and 13% subordinated debt so that additional risk feeds into the higher dividend yield and will generally mean a higher price return When times are good”