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MRCC Quick Q3 2021 Update

MRCC Quick Q3 2021 Update

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BDC Buzz
Nov 04, 2021
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BDC Buzz
MRCC Quick Q3 2021 Update
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Quick Quarterly Update (September 30, 2021)

  • Earnings: Beat its best-case projections but only due to onetime income related to non-accruals and likely catch-up from previous quarters mostly in the form of PIK which accounted for 25% of income.

  • NAV: Increased by $0.09 per share or 0.8% due to net realized/unrealized gains on the portfolio of $0.05 per shar…

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