Horizon Know-how Finance Company (NASDAQ:HRZN) suffered a 24% valuation reduce in 2022, and the enterprise improvement firm is now value shopping for at e-book worth.
Horizon Know-how Finance is a high-yielding, technology-focused BDC with a yield that lately surpassed 10%. To assist its progress, the enterprise improvement firm has a secured, debt-oriented funding portfolio.
Horizon Know-how Finance’s credit score portfolio is performing effectively, and the inventory may ultimately commerce at the next e-book worth a number of.
One other Gem Within the BDC Sector
Enterprise improvement corporations have suffered vital valuation losses