Whitehorse Finance Q3 2022 Earnings Report
Key Takeaways
WhiteHorse Finance reported a net investment income of $9.8 million, or $0.420 per share, and core net investment income of $8.6 million, or $0.372 per share for the quarter ended September 30, 2022. The investment portfolio totaled $764.6 million and the STRS JV investment portfolio totaled $280.9 million.
Net Asset Value of $343.0 million, or $14.76 per share
Investment portfolio totaling $764.6 million
STRS JV investment portfolio totaling $280.9 million
Net investment income of $9.8 million, or $0.420 per share
Whitehorse Finance
Whitehorse Finance
Forward Guidance
WhiteHorse believes that it will be able to selectively take advantage of market conditions and redeploy capital from repayments into higher yielding investments, which combined with portfolio growth and the performance of the STRS JV, should ultimately lead to earnings accretion and greater coverage of their dividend.