Risk Factors Update Summary
- The Investment Management Agreement was reapproved by the Board on October 27, 2023.
- Elevated interest rates impact portfolio companies, potentially leading to bankruptcy and reduced returns.
- The Investment Management Agreement is now effective for two years from approval.
- Investments with OID, ETPs, or PIK features expose the company to various risks.
- The company faces risks associated with original issue discount and PIK instruments.
- Failure to qualify as a RIC could lead to the need to sell assets to meet requirements.
- The company's interests in securitizations pose risks of default and financial impact.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1487428&owner=exclude
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