OFS Capital(US:OFS)2023-05-05 20:37Investment Performance - Return on invested capital on equity investments is 1.79x for realized investments and 5.67x for unrealized investments since inception[2] - Since inception, OFS Capital has incurred cumulative net realized losses of only approximately 1.9%[3] This is calculated from cumulative net realized losses of approximately $36.1 million divided by cumulative originations of approximately $1.9 billion from January 1, 2011, through March 31, 2023[3] - $12.69 per share in distributions paid since 4Q'12 IPO[4] Portfolio Composition - The investment portfolio consists of 62% senior secured loans, 21% common and preferred equity and warrants, and 17% structured finance securities[5] - $413 million invested in portfolio companies[8] - Manufacturing comprises 27.5% of portfolio company investments, followed by Health Care and Social Assistance at 16.5%, and Wholesale Trade at 13.1%[9] Debt Capital - Unsecured debt accounts for 54% of the debt mix, SBA debentures 14%, and bank facilities 32%[19] - 98% of outstanding debt matures in 2025 and beyond[101] Financial Highlights (Q1 2023) - Net investment income per share for the first quarter was $0.37[95] - Net loss on investments per share for the first quarter was $0.09[95] - Distributions paid per share were $0.33[96] OFS Capital Management - OFS Capital Management has $4.1 billion in Assets Under Management ("AUM") and owns approximately 22.5% of OFS Capital's common shares[105]