WhiteHorse Finance(US:WHF)2025-11-10 19:00Company Overview - WhiteHorse Finance's portfolio fair value was $568.4 million as of September 30, 2025[9, 13] - The company's investments are diversified across 125 positions in 66 portfolio companies as of September 30, 2025[13] - The average investment size is $3.8 million, while the average debt investment size is $5.2 million[13] - Since its IPO in December 2012, the company has invested $2,825 million in 265 transactions[13, 14] Financial Performance - The Q3 2025 Net Investment Income (NII) and Core NII was $6.1 million, or $0.263 per share[17] - The company received dispositions and principal repayments of $50.5 million in Q3 2025[17] - As of September 30, 2025, STRS JV had total assets of $364.3 million, with the company's return on its investment at 13.8%[17] - The Net Asset Value (NAV) per share at the end of Q3 2025 was $11.41, compared to $11.82 in Q2 2025[17] Portfolio Composition - As of Q3 2025, 99.1% of the debt investments were floating rate[27] - First lien secured loans accounted for 74.7% of the total portfolio composition by fair value[27] - Investments on non-accrual status represented 2.2% of the portfolio based on fair value of debt investments[27]