Published on 17 Jan 2022 on Insider Monkey via Yahoo Finance

Is it a Smart Decision to Invest in Logan Ridge Finance Corporation (LRFC)?

Clark Street Value, an investment management firm, published its fourth-quarter 2021 investor letter – a copy of which can be seen here. An annual portfolio return of 74.99% was recorded by the fund for the year 2021, versus 28.71% for the S&P 500, and an IRR since the inception of 29.12%. over the same period. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.

Clark Street Value, in its Q4 2021 investor letter, mentioned Logan Ridge Finance Corporation (NASDAQ: LRFC) and discussed its stance on the firm. Logan Ridge Finance Corporation is a United States-based closed-end management investment company with a $66.8 million market capitalization. LRFC delivered a 7.31% return since the beginning of the year, while its 12-month returns are up by 67.25%. The stock closed at $24.67 per share on January 13, 2022.

Here is what Clark Street Value has to say about Logan Ridge Finance Corporation in its Q4 2021 investor letter: