WhiteHorse Finance Reports Q2 Results and Maintains Dividend
WhiteHorse Finance reported net investment income of $4.7 million for the second quarter ending June 30, 2026, while concurrently declaring a quarterly distribution of $0.25 per share. The company managed to grow its net asset value to $11.77 per share, signaling a recovery in portfolio valuation during the period.
CEO Stuart Aronson pointed to disciplined originations and active management of credit situations as pillars for the quarter's performance. The firm’s investment portfolio expanded to $569.2 million, supported by the deployment of capital into three new portfolio companies totaling $23.1 million. This growth occurred while the firm maintained leverage below its target range, focusing on liquidity preservation in a shifting market.
Shareholders are set to receive the $0.25 dividend on October 5, 2026, for those of record by September 21. Beyond the financial results, WhiteHorse Advisers voluntarily reduced its incentive fee on net investment income from 20% to 17.5% for the upcoming fiscal quarter. These moves reflect a broader strategy to protect shareholder value as the firm balances portfolio stability with selective new investments.
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