When thinking about income-investing in the context of meeting retirement or financial independence objectives, the classical dilemma is choosing between high-yield with higher risk or lower risk with a less attractive yield.Roberts Berzins has over a decade of experience in the financial management helping top-tier corporates shape their financial strategies and execute large-scale financings. He has also made significant efforts to institutionalize REIT framework in Latvia to boost the liquidity of pan-Ba ...

My ultimate financial goal is to become financially independent. My target is to grow my passive income to the level where it can cover my basic living expenses. That would eliminate the stress of having to work to pay my bills. I'm always on the lookout for new investments that generate passive income. One that I've surprisingly overlooked for years is Main Street Capital (MAIN -0.69%). However, after taking a closer look at the company, I've realized it's an incredible income stock. That's why I now plan ...

Group 1 - Main Street Capital Corporation (NYSE: MAIN) is expected to benefit from the de-escalation of the trade war and high interest rates, with a fair value projected at $63 per share [1] - A dividend of $4.245 is anticipated for Main Street Capital Corporation [1] Group 2 - The analyst has a diverse professional background across multiple industries, which contributes to a comprehensive perspective on market dynamics [1] - The investment strategy focuses on cyclical industries, aiming for significant returns during economic recovery while maintaining a diversified portfolio that includes bonds, commodities, and forex [1]

Core Insights - The current period is characterized by rapid changes that are difficult to keep up with [1] Group 1 - The article expresses a personal investment position in the shares of MAIN, indicating a long position through various means such as stock ownership or options [1] - The author emphasizes that the views presented are personal opinions and not influenced by any compensation [1] Group 2 - There is a disclaimer regarding past performance not guaranteeing future results, highlighting the uncertainty in investment outcomes [2] - The article clarifies that no specific investment recommendations are being made, and opinions may not reflect the views of Seeking Alpha as a whole [2]

Main Street Capital Corporation’s (MAIN) first-quarter 2025 adjusted net investment income of $1.01 per share surpassed the Zacks Consensus Estimate of $1 per share. However, the reported figure compares unfavorably with $1.05 per share in the year-ago quarter.The results benefited from an improvement in the total investment income. However, an increase in expenses acted as a spoilsport. Distributable net investment income (GAAP basis) was $94.8 million, marginally up from the prior-year quarter.MAIN’s Tota ...

Main Street Capital (MAIN) Q1 2025 Earnings Call May 09, 2025 10:00 AM ET Company Participants Zach Vaughan - Vice PresidentDwayne Hyzak - Member of the Board & CEODavid Magdol - President and Chief Investment OfficerRyan Nelson - CFO & TreasurerRobert Dodd - Director - FinanceNick Meserve - Managing Director and Head of our Private Credit Investment Group Conference Call Participants Mark Hughes - AnalystCory Johnson - Associate AnalystSean-Paul Adams - Equity Research Analyst Operator Greetings, and welco ...

Financial Data and Key Metrics Changes - The company reported total investment income of $137 million for Q1 2025, an increase of $5.4 million or 4.1% compared to Q1 2024, but a decrease of $3.4 million or 2.4% from Q4 2024 [25] - Net asset value (NAV) per share increased by $0.38 from Q4 2024 and by $2.49 or 8.4% year-over-year, reaching a record NAV per share of $32.03 [30] - Distributable net investment income (DNII) per share for the quarter was $1.07, down $0.04 from the previous year and down $0.01 from the previous quarter [33] Business Line Data and Key Metrics Changes - The lower middle market investment activity resulted in a net increase of $57 million, while private loan investments saw a net increase of $26 million [13] - The company maintained a diversified portfolio with investments in 189 companies across various industries, with the lower middle market portfolio valued at $2.6 billion, which is 31% above the related cost basis [22][23] Market Data and Key Metrics Changes - The company noted limited exposure to tariffs among its lower middle market portfolio companies, estimating that around 10% to 20% have some level of exposure due to the global nature of the economy [42] - The private loan investment pipeline was characterized as average, with ongoing opportunities for growth despite a muted M&A environment [49][50] Company Strategy and Development Direction - The company continues to focus on its differentiated investment strategies and asset management business, which has shown favorable performance for ten consecutive quarters [11][14] - The company plans to utilize more debt financing to fund new investments in 2025, aiming to increase leverage while maintaining conservative levels [33] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability of portfolio companies to navigate current market uncertainties, including tariffs and geopolitical events [11] - The outlook for Q2 2025 is positive, with expectations for DNII of at least $1.03 per share, driven by strong underlying portfolio performance [33] Other Important Information - The company declared a supplemental dividend of $0.30 per share, marking the fifteenth consecutive quarterly supplemental dividend, and a 4% increase in regular monthly dividends for Q4 2025 [15][16] - The company closed the exit of its investment in Heritage Vet Partners, realizing a gain of over $55 million, showcasing the benefits of its lower middle market investment strategy [12] Q&A Session Summary Question: What talent exposure does the portfolio have regarding tariffs? - Management indicated that most lower middle market companies are U.S.-based, with limited exposure to tariffs, estimating around a high single-digit percentage of companies with meaningful exposure [41][42] Question: Why is the investment pipeline characterized as average? - Management noted that despite a muted M&A environment, many portfolio companies are performing well and seeking additional loans for growth, contributing to an average pipeline [50][51] Question: Is there concern about variability in non-recurring income items? - Management acknowledged the variability of dividend income but expressed confidence in the strong performance of portfolio companies, expecting continued good dividend income in the near term [58] Question: What are the expectations for MSC Advisor's growth and earnings run rate? - Management indicated that future growth will depend on capital deployment at MSC Income Fund, with base management fees expected to rise with increased investment activity [81]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from: to Table of contents Commission File Number: 814-00746 Main Street Capital Corporation (Exact name of registrant as specified in its charter) (State or other ...

Investor Presentation First Quarter – 2025 Main Street Capital Corporation NYSE: MAIN mainstcapital.com www.mainstcapital.com Main Street Capital Corporation NYSE: MAIN mainstcapital.com Page 1 Disclaimers Main Street Capital Corporation (MAIN) cautions that statements in this presentation that are forward-looking, and provide other than historical information, involve risks and uncertainties that may impact our future results of operations. The forward-looking statements in this presentation are based on c ...

Group 1 - Main Street Capital reported quarterly earnings of $1.01 per share, exceeding the Zacks Consensus Estimate of $1 per share, but down from $1.05 per share a year ago, representing an earnings surprise of 1% [1] - The company posted revenues of $137.05 million for the quarter, missing the Zacks Consensus Estimate by 0.23%, and compared to year-ago revenues of $131.61 million [2] - Main Street Capital has not surpassed consensus revenue estimates over the last four quarters [2] Group 2 - The stock has declined approximately 8.9% since the beginning of the year, while the S&P 500 has decreased by 4.3% [3] - The company's earnings outlook is mixed, with current consensus EPS estimates at $1 for the upcoming quarter and $4.02 for the current fiscal year [7] - The Zacks Industry Rank for Financial - SBIC & Commercial Industry is in the bottom 28% of over 250 Zacks industries, indicating potential underperformance compared to higher-ranked industries [8]