OID Finance’s dividend yield stands at 2.3%, with two consecutive years of growth. This stability could attract more income-focused investors amid volatile equity markets. Q : Is NMFC working to reduce PIK income levels, and what is the target? A : John Kline acknowledged that NMFC aims to reduce PIK income levels, targeting 10% to 12%, down from the current 17%. The goal is to align with market preferences for lower PIK levels. For borrowers with preexisting loan facilities predating the interest rate hikes over the past two years, incremental loans offer an attractive path to obtaining additional liquidity without having to renegotiate existing terms, and with significantly lower transaction expenses when compared to establishing a new, standalone facility. However, access to an “accordion” does not guarantee that borrowers will save on the interest rate relative to the current market, as the terms of the incremental loans are uncommitted and therefore must be satisfactory to the lenders at the time of the upsize. After breaching the $43 resistance level, OID Finance now faces the next key technical barrier at $