SLR Investment Corp. (SLRC)
SLRC · NASDAQ
New York, NY | NASDAQ:SLRC
Overview
SLR Investment Corp. (formerly Solar Capital) is a BDC that focuses on providing first lien senior secured loans to middle-market companies. SLRC emphasizes companies with strong recurring revenue models, including technology-enabled businesses, healthcare services, and education companies. The company maintains a defensive portfolio weighted toward senior secured debt with conservative leverage.
Key Metrics
| Metric | Value |
|---|---|
| 1-Year Total Return | 10.5% |
| 3-Year Total Return | 24.5% |
| 5-Year Total Return | 41% |
| Expense Ratio | 8.8% |
| Leverage Ratio | 1.08x |
| Portfolio Companies | 65 |
| Total Assets | $1.4B |
Investment Strategy
SLR Investment Corp. focuses on senior secured loans, first lien loans in the technology, healthcare, business services, education sectors. The company targets lower middle-market companies and maintains a portfolio of 65 investments totaling $1.4B in assets.
Management
CEO: Bruce J. Spohler | Employees: 20
Suitability
SLRC is suitable for income-focused investors seeking quarterly dividend income with a 9% yield. The BDC's focus on senior secured loans provides defensive portfolio characteristics. Investors should consider their risk tolerance and investment objectives before investing.