PSBD: July NAV Rises to ﹩13.39 Per Share

By Fly High Investing | August 18, 2026

Palmer Square Capital BDC Inc. reported on August 17, 2026, that its unaudited estimated net asset value was ﹩13.39 per share as of July 31.

The estimate is 1.4% above the ﹩13.21 NAV reported at June 30, but 1.8% below the ﹩13.63 estimate at May 31. That points to a partial recovery during July rather than a complete reversal of the prior month’s decline.

Why it matters

NAV is a central measure of the value supporting a business development company’s shares and dividend capacity. At June 30, PSBD reported quarterly net investment income of ﹩0.39 per share, equal to the cash distributions earned for the quarter. It also reported debt-to-equity of 1.71 times and nonaccrual investments equal to 0.29% of the portfolio at fair value.

The July NAV improvement is modestly positive for capital preservation, but the new filing provides only a point estimate and does not identify the drivers. It therefore does not establish whether credit marks, market prices, share repurchases or another factor produced the change.

Shareholders should watch the expected September supplemental-dividend announcement and PSBD’s next financial report for evidence that the NAV recovery is durable and supported by portfolio performance.

Sources

This article is general information, not personalized investment advice. Fly High Investing may hold securities discussed in this article.