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Sierra Income Investors are Losing Money
风险不流动的业务发展公司不适合许多投资者
If you are someone who invested in the Sierra Income Corporation, you may have lost money. This business development company (BDC) is a non-traded investment.
Earlier this year, Sierra Income suffered losses after its announcedmerger with Medley Capital Corp. and Medley Management Inc. was terminatedbecause of the economic uncertainty caused by COVID-19. Not long after that, the company announced that it was suspending monthly distributions.