Runway Growth Finance: 25% Yield Backed by a Deep 56% Implied NAV Discount — A Contrarian Income Play
Runway Growth Finance (RWAY) trades at $5.31, generating a ~25% dividend yield while the market price implies a book value/NAV near $12 per share - a roughly 56% discount. The combination of a high distribution, recent SWK acquisition that expands healthcare exposure to 32% and a manageable market cap ($224m) makes RWAY an attractive income-oriente…