BDC — Q3 2026 Earnings Summary

As of September 30, 2026, the business development company reported total assets of $1.17 billion and a portfolio of 64 companies with investments at fair value reaching $1.02 billion. The weighted average yield at amortized cost stood at 10.6%, while the net interest margin was 4.7%, resulting in a distribution rate of 8.1% for the period. Financial performance for the nine months ended September 30, 2026, showed total investment income of $71.2 million against total expenses of $42.5 million, though net assets decreased by $5.3 million due to unrealized losses on investments. The company maintains a strong asset coverage ratio of 207.4% with a diversified portfolio across regions and industries, including significant exposure to professional services and healthcare.