Portfolio

Our Portfolio at a Glance

$147MM

Weighted Average1, 2 Portfolio Company EBITDA

1.5x

Weighted Average1, 2 Portfolio Interest Coverage

1.5%

FMV of current non-accruals

42%

Average Loan to Value2

As of September 30, 2023 • Q3 2023 Earnings Presentation

1 Weighted average is a Non-GAAP measure. View full reconciliation in our Q3 2023 Earnings Presentation.

2 Weighted average based on fair value as of 9/30/2023 and excludes non-interest bearing equity investments.

View Reconciliation

For complete information regarding our financials, see our periodic filings.

Portfolio Names by Fair Value{{1}}

Company Percentage
SLP III 4.5%
Benevis 4.1%
Edmentum 3.8%
Net Lease 3.8%
SLP IV 3.6%
UniTek 2.9%
Kaseya 2.6%
Alliance Animal Health 2.4%
PhyNet 2.2%
Dealer Tire 2.1%
Associa 2.0%
Mercer Advisors 2.0%
Permian 2.0%
Talend 1.9%
Insightsoftware 1.8%
Other Portfolio Companies 58.2%

Top 15 portfolio companies(1) represent $1,247.1 million, or 39.0%, of consolidated investments

As of September 30, 2023 • View Q3 2023 Earnings Presentation for further details

For complete information regarding our financials, see our periodic filings.

1 Includes tax liability associated with Haven Midstream Holdings LLC

Portfolio Weighted Average EBITDA{{1, 2}}

(In millions)

Quarter Amount in Millions
Q4-21 $114
Q1-22 $120
Q2-22 $130
Q3-22 $132
Q4-22 $138
Q1-23 $141
Q2-23 $144
Q3-23 $147

As of September 30, 2023 • Q3 2023 Earnings Presentation

1 Weighted average is based on fair value of debt investments for each respective quarter, excluding revolvers, non-accrual positions, and recurring revenue loans.

2 Weighted average is a Non-GAAP measure. View full reconciliation in our Q3 2023 Earnings Presentation.