News

PSBD estimated July 31 NAV at ﹩13.39 per share, up 1.4% from June but still below May, with the filing offering no explanation for the change.

NMFC earned ﹩0.26 per share against a ﹩0.25 distribution, while nonaccruals improved and NAV remained nearly stable in Q2 as leverage increased modestly.

BBDC earned ﹩0.28 per share against a ﹩0.26 dividend in Q2, while portfolio markdowns contributed to a modest decline in NAV. Credit risk remains.

OBDC declared a ﹩0.02 supplemental dividend after adjusted NII covered total distributions by one cent, while NAV declined to ﹩14.26 at quarter-end.

FSK declared a ﹩0.44 third-quarter distribution after Q2 NII matched that amount, while NAV fell 2.8% and a fee waiver supported earnings in Q2.

TCPC agreed to a ﹩523 million portfolio sale expected to reduce leverage sharply while lowering NAV by about 10.4% based on June 30 figures.

Capital Southwest says votes remain short of the two-thirds threshold for adding authorized shares, a proposal tied to future financing flexibility.

Ares Capital shareholders renewed authority to issue up to 25% of shares below NAV for one year, preserving flexibility while retaining dilution risk.

Chicago Atlantic BDC earned $0.34 per share of net investment income in Q2, matching its dividend as originations slowed and liquidity remained ample.

ARMOUR Residential reported July leverage of 7.6 times and $1.27 billion of liquidity, alongside an unchanged $0.24 August dividend for shareholders.