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ALD, HTGC, KCAP, KED, MIC, TICC and TTO have cut their Q1 div. So question every div based valuation because most divs are vulnerable to future cuts. AINV, BKCC, and NGPC have cut their Q2 div's by roughly half - Yields based on the Q2-09 divs are shown in the data below. ARCC and HTGC have moderately cut their Q2-09 dividends ACAS Reports PRNewswire 5-05 American Capital reported for Q1-09 net operating income of $64 million [$0.31/share]. The Net Decrease in net assets resulting from Operations was $547 million [- $2.65/share]. The net asset value per share was $12.32. As of March 31, 2009, loans with a fair value of $214 million were on non-accrual. The $214 million fair value of non-accruing loans represented 4.4% of total loans at fair value as of March 31, 2009, compared to the $150 million fair value of non-accrual loans representing 2.9% of total loans at fair value as of December 31, 2008. ACAS remains in default on $2.3 billion of unsecured credit arrangements outstanding as of March 31, 2009. ACAS was able to reduce its outstanding debt by $51 million during the quarter ended March 31, 2009. AINV Reports Market Wire 6-01 Apollo Investment Corporation reported Net investment income of $50.740 million [$0.36/share] while the Net realized and unrealized gains (losses) was -$20.964 million [- $0.15/share]; resulting in Net increase in net assets from operations $29.776 million [$0.21/share]. The net asset value per share was $9.82. At March 31, 2009, AINV's net portfolio consisted of 72 portfolio companies and was invested 27% in senior secured loans, 59% in subordinated debt, 4% in preferred equity and 10% in common equity and warrants measured at fair value. The weighted average yields on AINV's senior secured loan portfoliowas 8.2%, subordinated debt portfolio was 13.2% and total debt portfolio was 11.7%. With a "Credit facility payable" of $1.058 billion and 142.221 million share outstanding, debt used to finance portfolio holdings was $7.44/share and the Debt/NAV ratio was 75.76%. ARCC Reports Business Wire 5-07 Ares Capital Corporation reported for Q1-09 Net Investment Income of $30.200 million [$0.3108/share]. ARCC had a Realized gain on extinguishment of debt of $26.543 million [$0.2732/share]. ARCC's Net Increase in Net Assets Resulting from Operations was $35.034 million [$0.3606/share]. The Net Asset Value per share was $11.20. ARCC's weighted average yield of debt and income producing securities at fair value was 12.10%. As of March 31, 2009, Ares Capital had $48.0 million in cash and cash equivalents and $902.6 million in total debt outstanding. Subject to leverage restrictions, the Company had approximately $251.6 million available for additional borrowings under its existing credit facilities as of March 31, 2009. BKCC Reports Business Wire 5-07 BlackRock Kelso Capital Corporation reported for Q1-09 Net investment income of $23.751 million [$0.43/share]. Net decrease in net assets from operations was $4.067 million [- $0.07/share]. The Net Asset Value per share was $9.04. The weighted average yields of the debt and income producing equity securities at their current cost basis were 10.4% at March 31, 2009 and 11.5% at March 31, 2008. The weighted average yields on BKCC's senior secured loans and other debt securities at their current cost basis were 9.9% and 12.1%, respectively, at March 31, 2009, versus 10.6% and 13.2% at March 31, 2008. Yields exclude common equity investments, preferred equity investments with no stated dividend rate, short-term investments, cash equivalents and foreign currency. GAIN Reports Business Wire 6-01 Gladstone Investment Corp. reported Net Investment Income of $3.0 million [$0.14/share] as compared to $3.4 million [$0.21/share] for the quarter ended March 31, 2008. The decrease in NII was driven primarily by reductions in interest rates in the U.S financial markets based on the LIBOR during the comparable quarter-end periods, due to the instability and tightening of the credit markets. The per share results were also adversely impacted by the increase in weighted average shares as a result of the rights offering completed subsequent to the quarter ended March 31, 2008. Net Decrease in Net Assets Resulting from Operations was -$4.0 million [- $0.18/share] as compared to $10.0 million [$0.60/common share] for the quarter ended March 31, 2008. This decrease was primarily driven by an increase in net unrealized depreciation on GAIN's investment portfolio. The annualized weighted average yield on GAIN's portfolio, excluding cash and cash equivalents, was 7.9%. The Net Asset Value per share was $9.73. With "Borrowings under line of credit" of $110.265 million and 22.080 million share outstanding, debt used to finance portfolio holdings was $4.99/share and the Debt/NAV ratio was 51.28%. GLAD Reports Business Wire 5-05 Gladstone Capital reported for Q1-09 Net Investment Income of $5.6 million [$0.26/share] as compared to $6.4 million [$0.33/share] for Q1-08. NII decreased primarily due to lower transaction fees (which are credited against base management fees) and the amortization of deferred financing fees incurred in connection with certain amendments to GLAD's credit facility subsequent to March 31, 2008. Net Increase in Net Assets Resulting from Operations for Q1-09 was $10.3 million [$0.48/share] as compared - $11.9 million [- $0.61/share] for Q1-08. The increase was primarily due to the net unrealized appreciation on GLAD's investment portfolio. GLAD recorded net unrealized appreciation of $6.7 million for Q1-09 compared to depreciation of $18.3 million for Q1-08. Net asset value was $12.10/share. Borrowings under GLAD's line of credit were $153.370 million [divided by 21.087 million shares = $7.27/share and the Debt/NAV ratio was 60.01%.] The annualized weighted average yield on GLAD's portfolio, excluding cash, was 9.7% for Q1-09 as compared to 10.1% for the Q1-08. Recent reductions in interest rates in the financial markets (LIBOR rates) have reduced GLAD's income on its variable rate investments - which were $69.6 million in syndicated loans that have their rate based on LIBOR without a rate floor. The effect of the decrease in LIBOR has been mitigated by the presence of a rate floor on most of the other loans held in GLAD's portfolio that it has originated. HCD Reports Business Wire 5-07 Highland Distressed Opportunities reported for Q1-09 net investment income of $92,959 and Net decrease in stockholders equity from operations of $5.912 million. The Net Asset Value per share was $3.08. At March 31, 2009, the weighted average yield of HCD's portfolio investments, exclusive of cash and cash equivalents, was approximately 5.1%. At March 31, 2009, the weighted average yield of HCD's investments in senior loans and corporate notes and bonds was approximately 5.4%. HTCG Reports Business Wire 5-07 Hercules Technology Growth Capital reported for Q1-09 Net Investment Income of $11.558 million [$0.3524/share]. The Net Increase in Net Assets Resulting from Operations was $4.482 million [$0.1366/share]. The Net asset value per share was $10.94. Currently, Hercules has a credit facility with Wells Fargo Foothill which provides $50.0 million in initial credit capacity under the facility, and other lenders may be added to the facility to reach the total credit commitment up to $300.0 million. HTCG continues to be in discussions with other potential lenders to join the facility. At March 31, 2009, $32.8 million was outstanding under the facility and, as of the date of this release, the balance outstanding is $2.5 million. In addition, HTCG has $137.1 million available under the SBA program, subject to SBA commitment approval, of which it has drawn $127.2 million. During Q1-09, leverage under the SBA program increased to $150.0 million. With this increase, HTCG has the ability to access approximately $23 million in additional SBA capital, subject to certain credit and regulatory approvals. HTCG had approximately $160.0 million in debt outstanding as of 3-31-09, representing a leverage ratio of 41.4% or 8.5% excluding SBA leverage due to the exemptive order that eliminates SBA borrowings from the 1:1 leverage test imposed on BDCs. Based on Hercules' existing stockholders' equity and its reliance on the SEC exemptive relief for borrowings available under the SBA debenture program, HTCG has the potential to leverage its balance sheet in excess of $500 million although there is no assurance that we may be able to do so. This amount assumes HTCG is able to expand its existing credit facilities. KCAP Reports Globe Newswire 5-08 Kohlberg Capitale reported for Q1-09 Net Investment Income of $7.093 million [$0.32/share] while the Net Increase (Decrease) In Stockholders' Equity Resulting From Operations was - $2.280 million [- $0.10/share]. The Net Asset Value per share was $11.53. The weighted average yield on KCAP's loan and bond portfolio at March 31, 2009 was approximately 6.5%. With total assets of $495.7 million, stockholders' equity of $248.7 million, and a credit facility (debt) of $245.0 million, KCAP's resulting asset coverage ratio was 201% while the debt to equity ratio was 1.0. As of March 31, 2009, all but five issuers or approximately 0.8% of total investments at fair value were current on their debt service obligations. During September 2008, KCAP was notified by the lenders that the liquidity banks providing the underlying funding for the Facility did not intend to renew their liquidity facility to the lenders. As a result, the Facility entered a two-year amortization period during which all net interest and any principal collected from the assets by which the Facility is secured are used to repay borrowings under the Facility through a termination date of September 29, 2010. KED Reports Market Wire 4-06 Kayne Anderson Energy Development Company reported Q1-09 [the quarter ended February 28-09] investment income of $1.2 million and consisted primarily of interest income on fixed income investments and short-term investment in repurchase agreements. KED received $4.6 million of cash dividends and distributions, of which $4.1 million was treated as a return of capital. With operating expenses of $1.8 million, Net investment loss was $0.3 million. Net realized losses were $1.6 million while net unrealized losses were $3.4 million. KED's net decrease in net assets resulting from operations for the period was $5.3 million. KED's NAV was $153.8 million or $15.23/share, a decrease of $0.87/share or 5.4% compared to $162.7 million or $16.10/share reported on November 30, 2008. KED had $52.0 million borrowed under its senior secured credit facility at an interest rate of 1.73% - and with 10,102,986 shares outstand, debt per share was $5.15/share and the Debt/NAV ratio was 33.81%. MAIN Reports Globe Newswire 5-07 Main Street Capital reported for Q1-09 Net Investment Income of $2.116 million [$0.2290/share]. The Net Increase in Net Assets Resulting from Operations was - $0.467 million [- $0.0505/share]. Total investment income decreased 11% to $3.6 million compared with $4.0 million in Q1-08. This decrease was principally attributable to (i) lower fee income due to slower portfolio growth given the uncertainty in the current economic environment and (ii) lower interest income from idle funds investments based; partially offset by higher interest income on higher average levels of portfolio debt investments. The annual weighted average effective yield on Main Street debt investments held at March 31, 2009 was 14%. Approximately 86% of Main Street's debt investments at cost were structured at fixed interest rates with cash interest payments generally due monthly. Net asset value per share was $11.84. MAIN's portfolio companies had a weighted average net senior debt (senior interest-bearing debt less cash and cash equivalents) to EBITDA ratio of approximately 2.3 to 1.0 and a total EBITDA to senior interest expense coverage ratio of approximately 3.2 to 1.0. Including all debt that is junior in priority to Main Street's debt position, these ratios were approximately 2.9 to 1.0 and 2.8 to 1.0, respectively. As of March 31, 2009, Main Street had one debt investment on non-accrual status that represented 0.5% of the total portfolio at fair value. All of Main Street's current outstanding indebtedness, which consists of long-term SBIC debenture leverage, is excluded from the 200% asset coverage requirements applicable to business development companies. As of March 31, 2009, Main Street also had a cash and cash equivalents plus idle funds investments to debt ratio of 0.63 to 1.0. Main Street's first quarter 2009 interest coverage ratio (distributable net investment income plus interest expense divided by interest expense) was approximately 3.5 to 1.0. One provision included in the Stimulus Bill increased the maximum amount of combined SBIC leverage to $225 million for affiliated SBIC funds. The prior maximum amount of SBIC leverage available to affiliated SBIC funds was approximately $137 million, as adjusted annually based upon changes in the Consumer Price Index. Due to the increase in the maximum amount of SBIC leverage available to affiliated SBIC funds, Main Street has access to incremental SBIC leverage to support its future investment activities. MCGC Reports PRNewswire 5-07 MCG Capital reported for Q1-09 Net Investment Income of $11.938 million [$0.1602/share]. The Net Income was - $50.946 million [- $0.6838/share]. Distributable net operating income, or DNOI, for Q1-09 was $13.5 million [$0.18/share]. The Net asset value per common share was $8.02. MCGC's Yield on average loan portfolio at fair value was 13%. Since MCG began its deleveraging initiatives in July 2008, it cumulatively has completed a total of $169.2 million in investment monetizations, including 17 monetizations for $157.5 million, which were completed at 99.4% of their most recently reported fair value, and one distressed sale for $11.7 million, which was completed at 42.7% of its most recently reported fair value. During the quarter ended March 31, 2009, MCG repurchased $7.5 million of borrowings, which resulted in a $5.4 million realized gain on extinguishment. In total, since December 2008, MCG has repurchased a total of $22.6 million of its borrowings at 27% of par. On May 4, 2009, MCG repaid the remaining balance on its unsecured revolving line of credit out of cash on hand. This facility is scheduled to mature on May 29, 2009. MCG expects to have sufficient liquidity from its operations, monetizations and remaining unrestricted cash balance to meet its 2009 operating requirements. As of 3-31-09, MCG's ratio of total assets to total borrowings and other senior securities was 199%. Subsequently, this ratio increased to 208% as of May 4, 2009. The decline had no impact on MCG's operations, liquidity, or borrowing facilities. MCV Reports Business Wire 3-09 MVC Capital reported for Q1-09 [ending 1-31-09] interest and dividend income of $5.8 million and $800K in fee and other income, representing a decrease in total operating income of $2.3 million compared to Q1-08. The primary reasons for the decline resulted from further reductions in LIBOR rates since Q1-08, repayments of yielding investments, interest reserves accrued against non-performing loans and decreased investment activity. The net assets value was $419.8 million or $17.28/share compared with $421.9 million or $17.36/share at the beginning of the quarter. The portfolio breakdown was 64.5% in common equity and 35.5% in yielding investments as of 1-31-09. NGPC Reports Globe Newswire 5-07 NGP Capital Resources Company reported for Q1-09 Net Investment Income of $5.874 million [$0.2716/share]. The Net Increase in Net Assets Resulting from Operations was - $18.686 million [- $0.8640/share]. Net asset value per share was $11.23. The weighted average yield on targeted portfolio investments was 6.51% at March 31, 2009. The weighted average yield on investments in corporate notes was 5.82%, on investments in U.S Treasury Bills and cash equivalents was 0.13% and 0.31%, respectively, as of March 31, 2009. The weighted average yield on the Company's total capital invested at March 31, 2009 was 6.05%. The weighted average yield calculation includes a negative yield on NGPC's investment in the ATP Oil & Gas Corporation limited term royalty. The negative yield is the result of amortization on the investment being substantially higher than the income earned for the month of March 2009 due to lower oil and natural gas prices. Tough the investment is substantially hedged and such hedges produced substantial income for the month of March 2009, such income is not included in the yield calculation. NGPC continues to maintain their investments in Formidable ($37.9 million cost basis), BSR Loco Bayou ($2.4 million cost basis) and Chroma Exploration & Production ($4.2 million cost basis) on non-accrual status. PCAP Reports Business Wire 5-11 Patriot Capital Funding reported for Q1-09 Net Investment Income of $5.118 million [$0.2443/share]. The Net Increase in Net Assets Resulting from Operations was - $10.456 million [- $0.4991/share]. The weighted average yield on PCAP's debt investments at fair value for the three months ended 3-31-09 was 10.9%, down from 12.2% for the three months ended 3-31-08. Net asset value per share was $8.13. At March 31, 2009 PCAP had loans from four portfolio companies on non-accrual status. At 3-31-09 PCAP had cash and cash equivalents of $14.2 million, total assets of $332.8 million and net assets of $170.2 million. PCAP had $157.6 million of borrowings outstanding under their revolving credit facility and they are not currently in compliance with the terms of the Facility. A termination event occurred. As a result, PCAP can no longer request additional advances and all principal, interest and fees collected from the debt secured by the Facility must be used to pay that debt by April 3, 2011. PSEC Reports Business Wire 5-11 Prospect Capital Corporationreported for Q1-09 Net investment income of $11.720 million [$0.39/share]. The Net Increase in Net Assets Resulting from Operations was $15.331 million [$0.51/share]. PSEC's net asset value per share decreased by $0.24 per share $14.19. The primary driver of the decrease in NAV/share was the issuance of new shares during the quarter ended March 31, 2009 at prices below our then NAV/share. At 3-31-09, borrowings under PSEC's credit facility stood at $137.567 million [divided by 31.286 million share results in $4.40/share and debt/NAV ratio was 31%]. PSEC is seeking an increase in their revolving credit facility from its present size of $200 million. As of March 31, 2009, debt as reduced by cash and money market securities on hand was 17.4% of total assets, or 575% asset coverage. As of 5-11-09, PSEC had reduced their outstanding debt to $129.0 million, and as of 5-11-09 PSEC had increased their cash and money market investments on hand to $48.4 million. TAXI Reports Business Wire 5-08 Medallion Financial reported for Q1-09 Net investment income after income taxes of $1,909,000 [$0.11/share] compared with $3,397,000 [$0.19/share] in Q1-08. Net investment income after income taxes on a combined basis with Medallion Bank was $5,761,000 [$0.33/share] compared with $5,035,000 [$0.28/share] in Q1-08. The weighted average interest rate on the managed loan portfolio at the end of Q1-09 was 9.42%, compared to 9.28% a year ago. The weighted average cost of borrowed funds dropped to 4.16%, down from 5.54% in Q1-08. Net asset value per share was $9.89. TCAP Reports Globe Newswire 5-06 Triangle Capital Corporation reported for Q1-09 Net Investment Income of $3.037 million [$0.4340/share] while the Net Increase in Net Assets Resulting from Operations was - $0.583 million [- $0.0833/share]. TCAP's net asset value per share was $12.46. As of March 31, 2009 TCAP's weighted average yield on all of its outstanding debt investments was approximately 14.3%. As of 3-31-09 TCAP had $115.110 million in SBIC debentures in debt outstanding. TCAP paid a one-time 1.0% fee on the total commitment from the SBA, and TCAP also paid a one-time 2.425% fee on the amount of each debenture issued. These fees are capitalized as deferred financing costs and are amortized over the term of the debt agreements using the effective interest method. The weighted average interest rates for all SBA guaranteed debentures as of March 31, 2009 was 6.03%. Ratio of operating expenses to average net assets (annualized) was 15 %. Ratio of net investment income to average net assets (annualized) was 13%. As of 3-31-09, the fair value of non-accrual assets comprised 1.5% of the total fair value of the portfolio, and the cost of TCAP's non-accrual assets comprised 3.1% of the total cost of their portfolio. TCAP's non-accrual assets as of 3-31-09: [1] Gerli and Co. - a subordinated note with a cost of $3.1 million. [2] Fire Sprinkler Systems, a subordinated note with a cost of $2.4 million. As of March, 31, 2009, TCAP had non-callable, 10-year, fixed rate SBA-guaranteed debentures totaling $115.1 million. Under the provisions of the 2009 Stimulus Act), TCAP has the ability to issue additional SBA-guaranteed debentures of $34.9 million under its existing SBIC license. In addition, TCAP has initiated the process to apply for a second SBIC license, which would allow TCAP to issue up to an additional $75.0 million in SBA-guaranteed debentures. At March 31, 2009, TCAP had cash and cash equivalents totaling $17.4 million. On April 27 TACP was able to raise $12 million of incremental equity capital in a follow-on offering. TICC Reports Market Wire 5-07 ICC Capital reported for Q1-09 Net Investment Income of $3.5 million [$0.13/share], net unrealized depreciation on investments of $5.0 million and net realized gains on investments of $22,000. In total TICC had a net increase in net assets resulting from operations of approximately - $1.443 million [- $0.05/share]. Net asset value per common share was $7.46. The Ratio of expenses to average net assets was 3.15%. The Ratio of net investment income to average net assets was 6.90%. While TICC had Total liabilities $1.197 million from Investment advisory fee payable and Accrued expenses, it had no debt from a credit line, notes, debentures or loans. TTO Reports Business Wire 4-08 Tortoise Capital Resources reported for Q1-09 Net Investment Income of $0.266 million [$0.0297/share] while Adjusted NII [which includes $1.853 million in ROC divs] was $2.119 million [$0.2339/share]. TTO's net asset value per share was $8.67. On 6-01 AINV declared a dividend of $0.26/share payable on July 2, 2009 to stockholders of record as of June 18, 2009. On 5-07 BKCC declared a dividend of $0.16/share payable July 2, 2009 to shareholders of record on June 19, 2009. On 5-07 ARCC declared a dividend of $0.35/ share payable on June 30, 2009 to stockholders of record as of June 15, 2009. On 5-07 HTGC declared a dividend of $0.30/share payable on June 15, 2009 to shareholders of record as of May 15, 2009. On 5-07 TICC declared a dividend of $0.15/share payable June 30, 2009 to shareholders of record as of June 10, 2009. On 5-08 TAXI declared a dividend of $0.19/share payable on June 9, 2009 to shareholders of record on May 22, 2009. On 5-12 TTO declared a dividned of $0.13/share compared to $0.23/share in the prior quarter] payable on June 1, 2009, to stockholders of record on May 22, 2009. TTO Slashes Dividend Business Wire 5-12 Tortoise Capital Resources (TTO) today declared the company’s second quarter 2009 distribution of $0.13 per share, a decrease of $0.10 from the prior quarter. The distribution will be paid on June 1, 2009, to stockholders of record on May 22, 2009. TTO's second quarter distribution decreased primarily due to reductions in the distributions from two of its portfolio holdings. Eagle Rock Energy Partners, L.P. (EROC) recently announced a decrease in its distribution from $0.41 to $0.025 per common unit. TTO holds 977,470 common units of EROC as part of its original investment in EROC prior to its public offering and as partial consideration for the sale of Millennium Midstream Partners, LP, including shares held in escrow. The effect of this decrease impacted TTO’s distributable cash flow by $0.05 per share. Abraxas Energy Partners L.P., a private company investment, recently announced they would suspend paying a cash distribution until their existing subordinated credit facility is renewed, impacting TTO’s distributable cash flow by an additional $0.02 per share. High Sierra Energy, LP, TTO’s largest holding, declared a cash distribution of $0.61, which represents approximately $0.07 of TTO’s distributable cash flow this quarter. High Sierra’s future cash distributions, however, may be uncertain unless they are able to secure a long-term credit facility. During the current quarter, TTO reduced its position in existing publicly-traded holdings and used approximately 50 percent of the sales proceeds to reduce the amount outstanding under its bank credit facility. The company used the remaining sales proceeds to purchase publicly-traded MLPs which may provide a more predictable distribution in the future. TTO continues to speak with lenders regarding the renewal of our existing credit facility which matures on June 20, 2009. TTO's ability to pay future distributions will likely be dependent on renewal or replacement of this facility under terms consistent with the existing revolver. On 4-04 KED declared a dividend of $0.35/share payable on April 30, 2009 to common stockholders of record on April 17, 2009, with an ex-dividend date of April 15, 2009. Based on KED's portfolio of investments and average yields on those investments as of February 28, 2009, KED estimates dividends, distributions, and interest income will be approximately $5.2 million per quarter. On 4-07 GOOD declared a dividend of $0.125 payable April 30 to shareholders of record on April 22, payable May 29 to shareholders of May 20, and payable June 30 to shareholders of June 22. On 4-13 MVC declared a dividend of $0.12/share payable on April 30, 2009 to shareholders of record on April 23, 2009. On 4-15 FSC declared a reduced dividend of $0.25/share [prior div was $0.38] payable 6-25 to shareholders of record of 5-26. On 4-20 Hilliard Lyons Downgraded GOOD from Buy to Long-term Buy. ACAS has a current dividend of $0.00/share (NII + Asset Management Income) Net Operating Income = $64 million [divided by 225.8 million shares = $0.2834] Net realized gain = - $119 million [- $0.5270/share] (NII + asset management inc + realized gains) Realized Earnings = - $55 million [- $0.2436/share] Unrealized Appreciation (loss) = - $492 million [- $2.1789/share] (Earnings) Increase in Net Assets resulting from Operations = - $547 million [- $2.4225/share] AINV has a current dividend of $0.26/share [figures below are annual numbers] Net Investment Income $206.331 million [divided by 142.221 million 'average' shares = $1.4508] Realized gain (loss) on investments = - $83.740 million [- $0.5888/share] Realized Earnings = $122.591 million [$0.8620share] Unrealized appreciation = - $734.470 million [- $5.1643/share] Net Increase in Net Assets Resulting from Operations = - $611.879 million [- $4.3023/share] AINV gave some numbers for the most recent quarter end Net investment income $50.740 million [$0.36/share] Net realized and unrealized gains (losses) - $20.964 million [- $0.15/share] Net increase in net assets from operations $29.776 million [$0.21/share] ARCC has a current dividend of $0.42/share Net Investment Income $30.200 million [divided by 97.153 million 'average' shares = $0.3108] Realized gain (loss) on investments = - $1.835 million [- $0.0189/share] Realized Earnings = $28.365 million [$0.2919/share] Unrealized appreciation = - $19.874 million [- $0.2045/share] Realized gain on extinguishment of debt = $26.543 million [$0.2732/share] Net Increase in Net Assets Resulting from Operations = $35.034 million [$0.3606/share] BKCC has a current dividend of $0.16/share Net Investment Income $23.751 million [divided by 55.670 million 'average' shares = $0.4267] Realized gain (loss) on investments = $2.128 million [$0.0382/share] Realized Earnings = $25.879 million [$0.4648/share] Unrealized appreciation = - $29.947 million [ - $0.5379/share] Net Increase in Net Assets Resulting from Operations = - $4.067 million [- $0.0730/share] GAIN has a current dividend of $0.24/share/quarter Net Investment Income $2.967 million [divided by 22.080 million shares at end of period = $0.1344] Realized gain (loss) on investments = - $0.808 million [- $0.0366/share] Realized Earnings = $2.159 million [$0.0978/share] Unrealized appreciation = - $6.141 million [- $0.2781/share] Net Increase in Net Assets Resulting from Operations = $3.982 million [$0.1803/share] GLAD has a current dividend of $0.42/share/quarter Net Investment Income $5.555 million [divided by 21.087 million shares = $0.2634] Realized gain (loss) on investments = - $2.304 million [- $0.1093/share] Realized Earnings = $3.251 million [$0.1542/share] Unrealized appreciation = $7.029 million [$0.3333/share] Net Increase in Net Assets Resulting from Operations = $10.280 million [$0.4875/share] GNV has a current dividend of $0.00/share [figures below are annual numbers] Net Investment Income $13.825 million [divided by 8.291 million shares = $1.6675] Realized gain (loss) on investments = - $7.143 million [$0.8615/share] Realized Earnings = $6.682 million [$1.8059/share] Unrealized appreciation = - $27.998 million [- $3.3770/share] Net Increase in Net Assets Resulting from Operations = - $21.315 million [- $2.5710/share] GNV has a current dividend of $0.00/share [figures below are quarterly numbers] Net Investment Income $3.288 million [divided by 8.291 million shares = $0.3966] Net gain (loss) on investments = - $17.296 million [$2.0861/share] Net Increase in Net Assets Resulting from Operations = - $14.008 million [- $1.6895/share] HTGC has a current dividend of $0.30/share Net Investment Income $11.558 million [divided by 32.798 million 'average' shares = $0.3524] Realized gain (loss) on investments = - $1.146 million [- $0.0349/share] Realized Earnings = $10.412 million [$0.3174/share] Unrealized appreciation = - $5.930 million [- $0.1808/share] Net Increase in Net Assets Resulting from Operations = $4.482 million [$0.1366/share] KCAP has a current dividend of $0.24/share Net Investment Income $7.093 million [divided by 21.910 million 'average' shares = $0.3237] Realized gain (loss) on investments = - $2.007 million [- $0.0916/share] Realized Earnings = $5.086 million [$0.2321/share] Unrealized appreciation = - $7.367 million [- $0.3362/share] Net Increase in Net Assets Resulting from Operations = $2.280 million [$0.1041/share] MAIN has a current dividend of $0.375/share Net Investment Income $2.116 million [divided by 9.241 million 'average' shares = $0.2290] Realized gain (loss) on investments = $0.894 million [$0.0967/share] Realized Earnings = $3.010 million [$0.3257/share] Unrealized appreciation = - $3.421 million [- $0.3702/share] Income-tax benefit = - $0.057 million [- $0.0062/share] Net Increase in Net Assets Resulting from Operations = - $0.467 million [- $0.0505/share] MCGC has a current dividend of $0.00/share Net Operating Income $11.938 million [divided by 74.498 million 'average' shares = $0.1602] Realized gain (loss) on investments = $14.253 million [$0.1913/share] Realized Earnings = $26.191 million [$0.3515/share] Unrealized appreciation = - $82.584 million [- $1.1085/share] Gain on Extinquishment of Debt = $5.275 million [- $0.0708/share] Tax Provision = - $0.172 million [- $0.0023/share] Net Income [loss] = - $50.946 million [- $0.6838/share] NGPC has a current dividend of $0.20/share Net Investment Income $5.874 million [divided by 21.628 million 'average' shares = $0.2716] Realized Earnings = $5.874 million [$0.2716/share] Unrealized depreciation = $24.560 million [- $1.1355/share] Net Increase in Net Assets Resulting from Operations = - $18.686 million [- $0.8640/share] PCAP had a Q3-08 div of $0.00/share Net Investment Income $5.118 million [divided by 20.950 million 'average' shares = $0.2443] Realized gain (loss) on investments = - $11.601 million [$0.5537/share] Realized Earnings = - $6.483 million [- $0.3094/share] Unrealized appreciation = - $3.973 million [- $0.1896/share] Net Increase in Net Assets Resulting from Operations = - $10.456 million [- $0.4991/share] PSEC has a current dividend of $0.4050/share Net Investment Income $11.720 million [divided by 31.286 million shares ('average' would be lower) = $0.3746] Realized gain (loss) on investments = $0.000 million [$0.0000/share] Realized Earnings = $11.720 million [$0.3746/share] Unrealized appreciation = $3.611 million [$0.1154/share] Net Increase in Net Assets Resulting from Operations = $15.331 million [$0.4900/share] PNNT has a current dividend of $0.24/share Net Investment Income $5.266 million [divided by 21.069 million 'average' shares = $0.2499] Realized gain (loss) on investments = - $5.258 million [- $0.2495/share] Realized Earnings = $0.008 million [$0.0004/share] Unrealized appreciation = $42.190 million [$2.0025/share] Net Increase in Net Assets Resulting from Operations = $42.199 million [$2.0029/share] TCAP has a current dividend of $0.40/share Net Investment Income $3.037 million [divided by 6.997 million 'average' shares = $0.4340] Realized gain (loss) on investments = $0.000 million [$0.0000/share] Realized Earnings = $3.037 million [$0.4340/share] Unrealized appreciation = - $3.605 million [- $0.5152/share] Income Tax expense = - $0.018 million [- $0.0025/share] Net Increase in Net Assets Resulting from Operations = - $0.583 million [- $0.0833/share] TICC has a current dividend of $0.15/share Net Investment Income $3.518 million [divided by 26.485 million 'average' shares = $0.1328] Realized gain (loss) on investments = $0.022 million [$0.0008/share] Realized Earnings = $3.540 million [$0.1337/share] Unrealized appreciation = - $4.983 million [- $0.1881/share] Net Increase in Net Assets Resulting from Operations = - $1.443 million [- $0.0545/share] TTO has a current dividend of $0.130/share Net investment income = $.266 million [divided by 8.962 million shares = $0.0297/share] Adjusted NII [which includes $1.853 million in ROC divs] = $2.119 million [$0.2339/share] Net realized gain on investments - $0.362 million [- $0.1550/share] Realized Earnings = - $0.096 million [- $0.0107/share] ROC Adjusted Realized Earnings = $1.757 million [$0.1960/share] Unrealized appreciation = - $9.376 million [- $0.1697/share] Net Increase (Decrease) in Net Assets Resulting from Operations = - $9.472 million [- $1.0570/share] ROC Adjusted Net Increase in Net Assets Resulting from Operations = - $7.619 million [- $0.8501/share] NOTE #1: This page is ment to be a supplement for those already getting monthly sector updates from another source. Data entry errors sporadically happen. There are other metrics not covered here that should not be ignored. NOTE #2: This page has a forcasting spreadsheet - and until that mathamatical model has had a year or two of testing, it is probably best for you to totally ignore it. NOTE #3: The owner of this site owns shares in GNV and NGPC - and this could distort the coverage of those BDCs. |