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Runway Growth Finance: 14% Dividend Yield At A 25% Discount To NAV

Runway Growth Finance (NASDAQ: RWAY ) has dipped 7% year-to-date to deepen its discount to its net asset value ("NAV") per share while paying out a compelling double-digit base cash dividend topped up by supplemental distributions. The externally managed businessThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-gro ...