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Hi Dwn:
Welcome to the board. Welcome home.

With the potential increase in leverage from 1:1 to 2:1, a proven BDC like ARCC would be a good buy. It would be a great buy if the price were to drop meaningfully below book. <g> Being a former ACAS shareholder and a current ACSF shareholder, it no longer feels right unless I buy at a discount!

In June of 2016 ACAS announced they were merging with ARCC which was paying a 9+% dividend I decided to go for the dividend and sold my entire "bloated" ACAS position. (It was sitting in IRA's, so no tax problem from the sale) and bought ARCC and started collecting a divvy again on the ACAS position.

Once again welcome and good luck
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