Net asset value

Rand Capital Reports Net Investment Income per Share of $0.08 for the Second Quarter 2020

Banking, Professional services, Finance, Investment management, Net asset value, NET, Economy
Friday, August 7, 2020 - 12:30pm

Rand Capital Corporation (Nasdaq: RAND) (Rand), a business development company (BDC), announced its results for the quarter ended June 30, 2020.

Key Points: 
  • Rand Capital Corporation (Nasdaq: RAND) (Rand), a business development company (BDC), announced its results for the quarter ended June 30, 2020.
  • Net asset value (NAV) at June 30, 2020 was $49.7 million, down $4.4 million compared with $54.1 million at March 31, 2020.
  • Total investment income of $675,000 for the second quarter of 2020 increased 16%, or $91,000, over the prior-year period.
  • Higher investment income and lower operating expenses drove net investment income growth to $199,000 compared with a loss of $143,000 in the prior-year period.

Canoe EIT Income Fund Announces August 2020 Distribution

Finance, Money, Economy, Financial ratios, Return of capital, Financial markets, Investment, Rate of return, Net asset value, Funding, Hedge fund, Index fund
Thursday, August 6, 2020 - 9:06pm

The Fund makes monthly distributions of an amount comprised in whole or in part of Return of Capital (ROC) of the net asset value per unit.

Key Points: 
  • The Fund makes monthly distributions of an amount comprised in whole or in part of Return of Capital (ROC) of the net asset value per unit.
  • A ROC reduces the amount of your original investment and may result in the return to you of the entire amount of your original investment.
  • ROC that is not reinvested will reduce the net asset value of the fund, which could reduce the funds ability to generate future income.
  • You should not draw any conclusions about the Funds investment performance from the amount of this distribution.

Apollo Investment Corporation Reports Financial Results for the Quarter Ended June 30, 2020

Investment management, Net asset value, Lluís Companys, NAV, Government of Spain, Spanish politicians, Government
Thursday, August 6, 2020 - 9:00pm

The Companys net investment income was $0.43 per share for the quarter ended June30, 2020, compared to $0.59 per share for the quarter ended March31, 2020.

Key Points: 
  • The Companys net investment income was $0.43 per share for the quarter ended June30, 2020, compared to $0.59 per share for the quarter ended March31, 2020.
  • The Companys net asset value (NAV) was $15.29 per share as of June30, 2020, compared to $15.70 as of March31, 2020.
  • On August 6, 2020, the Companys Board of Directors (the Board) declared a base distribution of $0.31 per share payable on October7, 2020 to shareholders of record as of September21, 2020.
  • On August 6, 2020, the Companys Board also declared a supplemental distribution of $0.05 per share payable on October7, 2020 to shareholders of record as of September21, 2020.

Oxford Lane Capital Corp. Provides July 2020 Net Asset Value Update

Finance, Money, Fixed-income securities, Structured finance, Investment management, Net asset value, Tranche, Investment, Private equity
Thursday, August 6, 2020 - 1:00pm

GREENWICH, Conn., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCO) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) today announced the following net asset value (NAV) estimate as of July 31, 2020.

Key Points: 
  • GREENWICH, Conn., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCO) (NasdaqGS: OXLCM) (NasdaqGS: OXLCP) today announced the following net asset value (NAV) estimate as of July 31, 2020.
  • This estimate is not a comprehensive statement of our financial condition or results for the month ended July 31, 2020.
  • The preliminary financial data included in this press releasehas been prepared by, and is the responsibility of, Oxford Lane Capital Corp.'smanagement.
  • Oxford Lane Capital Corp. is a publicly-traded registered closed-end management investment company principally investing in debt and equity tranches of CLO vehicles.