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Mar 31, 2023
Barings BDC Q1 2023 Earnings Report
Reported financial and operating results for the first quarter of 2023.
Key Takeaways
Barings BDC reported a net investment income of $27.5 million, or $0.25 per share, and a net increase in net assets resulting from operations of $39.7 million, or $0.37 per share. Net asset value (“NAV”) per share as of March 31, 2023 was $11.17, as compared to $11.05 as of December 31, 2022.
Portfolio continues to deliver strong returns for investors.
Net asset value per share increased from the previous quarter.
Revenue growth driven by higher base rates.
Net investment income covered the dividend as the floating-rate portfolio yield increased.
Forward Guidance
The company remains committed to re-commencing share repurchases as they believe there is a clear opportunity for accretive deployment at current trading levels.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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