Varagon Capital Corporation — Third Quarter 2026 Earnings Summary

Varagon Capital Corporation reported a net asset value of $8.93 per share and net investment income of $0.23 per share for the third quarter of 2026, resulting in an annualized yield of 10.2%. The company declared a fourth-quarter distribution of $0.23 per share, maintaining the same rate as the previous quarter, while total investments at fair value stood at $819 million across 121 portfolio companies. Credit quality remained robust with approximately 90% of investments rated as low risk, although three portfolio companies were placed on non-accrual status by the end of the period.