Q5
Single choice
Main Street Capital Corporation (MAIN) is registered as a non-diversified investment company under the Investment Company Act of 1940.
Based on this, which of the following statements regarding MAIN are true?
I. MAIN may not invest more than 5% of its investment monies in any single issuer.
II. The net asset value of MAIN's shares is likely to fluctuate more than that of a diversified investment company.
III. MAIN's returns are more likely to be affected by any single, specific economic occurrence or regulatory change.