Bain Capital Specialty Finance(US:BCSF)2021-11-04 20:22Portfolio Composition - The investment portfolio's fair value as of September 30, 2021, was $2,356.7 million[27] - The portfolio is highly diversified across 105 companies in 29 industries[12, 14] - The portfolio is primarily composed of first lien senior secured loans, accounting for 80.1% of the total[12, 20] - Floating rate investments constitute 98.9% of the portfolio[12, 17] - Investments with financial covenants represent 95.0% of the portfolio[12] Financial Performance - Net investment income (NII) for Q3 2021 was $21.8 million, or $0.34 per share[12] - The return on equity (ROE) for Q3 2021 was 7.9%[12] - The weighted average yield at amortized cost was 7.5%[14, 17] - The weighted average yield at fair value was 7.6%[17, 34] Balance Sheet - Net assets totaled $1,099.7 million as of Q3 2021[18] - The debt-to-equity ratio (net of cash) was 1.15x as of September 30, 2021[12]