Golub Capital

Golub filed Q4 holdings on February 5th, reporting 1,512 investments valued at $5.56 billion. It reported thirteen non-accrual investments totaling $87.2 million, representing just 1.55% of the portfolio’s cost. Top 10 investments, valued at $842 million, constituted 14.9% of the portfolio’s cost. Additionally, investments worth $475 million, or 8.4% of the portfolio, are set to mature in the next 12 months.

Oaktree Specialty Lending Corp.

In late January, Oaktree Specialty Lending Corp. filed its Q4 holdings, reporting 295 investments worth $3.15 billion. It reported thirteen non-accruals totaling $174.9 million, representing 5.27% of the portfolio’s cost. Top 10 investments, valued at $719 million, constituted 21.64% of the portfolio’s cost. Additionally, investments worth $100 million and making up 2.99% of the portfolio, are set to mature in the next 12 months.

Capital Southwest Corp.

In late January, Capital Southwest announced its earnings, reporting 284 investments valued at $1.37 billion. It reported four non-accruals totaling $37.7 million, representing 2.75% of the portfolio’s cost. Top 10 investments, valued at $354 million, constituted 25.85% of the portfolio’s cost. Additionally, investments worth $61 million, or 4.44% of the portfolio, are set to mature in the next 12 months.

Gladstone Capital Corp.

On February 5th, Gladstone Capital Corp. announced its earnings, reporting 119 investments worth $750 million. It reported just one non-accrual investment at $6.1 million, accounting for 0.81% of its portfolio at cost. Top 10 investments, valued at $297 million, constituted 39.05% of the portfolio’s cost. Additionally, investments worth $22 million, or 2.93% of the portfolio, will mature in the next 12 months.

Gladstone Investment Corp.

Gladstone Investment Corp. announced earnings on February 6th, reporting 63 investments worth $903 million. It reported seven non-accruals totaling $66.9 million, or 7.7% of the portfolio’s cost. Top 10 investments, valued at $438 million, accounted for 50.38% of the portfolio. Lastly, investments worth $5.9 million, or 0.6% of the portfolio, are set to mature in the next 12 months.

Ares Capital Corp.

Ares filed Q4 earnings today, reporting 1,157 investments worth $22.9 billion. It reported seventeen non-accruals totaling $295 million, representing 1.3% of the portfolio. Top 10 investments, valued at $5.3 billion, constituted 23.5% of the portfolio at cost. Additionally, investments worth $895 million, or 3.95% of the portfolio, are set to mature in the next 12 months.

Sourav Srimal
Senior Vice President
ssrimal@solvefixedincome.com

Nikhil Thadaney
Data Analyst
nthadaney@solvefixedincome.com

Andrew Robartes
Data Analyst
arobartes@solvefixedincome.com

Nayan Raj
Data Analyst
nraj@solvefixedincome.com