Fifth Street BDC rolls out plan to stabilise falling NAV

The business development company’s CEO Patrick Dalton set proposed changes to a stockholder vote. 

Fifth Street Finance Corporation plans to shift its portfolio away from riskier investments and alter its fee structure to reverse its declining net asset value, executives said on during its earnings call on Thursday. 

The business development company’s net asset value dropped to $7.31 per share as of 31 December, down from $7.97

Share this