Investor Presentaiton
Portfolio Composition
Portfolio Characteristics As Of:
September 30, 2022
December 31, 2022
March 31, 2023
June 30, 2023
Total Portfolio - FV
$
649,615 $
621,739 $
678,759 $
715,324
# of Portfolio Companies
52
50
51
52
Average Investment Size - FV
$
12,493 $
12,435 $
13,309 $
13,756
Top 5 Investments % FV
26.9%
28.2%
26.3%
24.0%
WAVG Investment Yield**
11.2%
12.3%
13.1%
13.6%
1st Lien FV
$
463,858 $
450,243 $
498,947 $
533,237
2nd Lien FV
115,928
107,170
117,438
120,036
Equity/Other FV
69,829
64,326
62,374
62,051
Proprietary % of FV
97.1%
98.4%
98.5%
98.5%
Syndicated % of FV
2.9%
1.6%
1.5%
1.5%
Fixed Rate Debt % of Principal
11.5%
8.6%
8.5%
8.4%
Variable Rate Debt % of Principal
88.5%
91.4%
91.5%
91.6%
Performing % FV (Debt)
100.0%
99.6%
99.5%
99.6%
Non-Performing % FV (Debt)
0.0%
0.4%
0.5%
0.4%
Accrued Potential Success Fees
$
4,700 $
4,000 $
3,600 $
3,600
**Weighted average yield on interest bearing debt investments (excludes non-accruals and reserves on interest receivables)
Note: $'s are in (000's)
ā GLADSTONE
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