Credit MetricsCredit concerns are overbaked, and SPMC boasts some of the strongest credit metrics in the industry with peer-leading reinvestment periods, indicating financial stability and robust management.
Insider OwnershipHigh insider ownership aligns the external manager with shareholders, showcasing confidence in the company's strategy and management.
Yield And IncomeInvestors can buy SPMC at a mid-teens yield, expected to be fully covered by GAAP NII with even higher coverage from recurring cash flows, providing a reliable income stream.