ADDED
The number of outstanding common shares of the registrant as of May 6, 2025 was 15,364,864 .
As of February 28, 2025, we had total assets of $1,191.5 million and investments in 48 portfolio companies, excluding an investment in the subordinated notes of one collateralized loan obligation fund, Saratoga Investment Corp.
( Saratoga CLO ), which had a fair value of $0.2 million as of February 28, 2025, investment in the Class F-2-R-3 Note of Saratoga CLO which as of February 28, 2025 had a fair value of $2.3 million, investment in the Class E Note of Saratoga Investment Corp.
Senior Loan Fund 2022-1, Ltd which as of February 28, 2025 has affair value of $12.3 million and investments in the Saratoga Senior Loan Fund I JV LLC ( SLF JV ) and its subsidiaries, a joint venture which as of February 28, 2025 had a fair value of $19.6 million.
The overall portfolio composition as of February 28, 2025 consisted of 88.7% of first lien term loans, 0.7% of second lien term loans, 1.7% of unsecured loans, 1.5% of structured finance securities and 7.4% of equity interests.
As of February 28, 2025, the weighted average yield on all of our investments, including our investment in the subordinated notes of Saratoga CLO and Class F-2-R-3 Note was approximately 10.8%.
As of February 28, 2025, our total return based on market value was 27.17% and our total return based on net asset value ( NAV ) per share was 10.11%.
As of February 29, 2024, our total return based on market value was 3.92% and our total return based on net asset value per share was 4.20%.
Our investment in the subordinated notes of Saratoga CLO represents a first loss position in a portfolio that, at February 28, 2025, was composed of $527.1 million in aggregate principal amount of predominantly senior secured first lien term loans.
These entities are consolidated for accounting purposes, but are not consolidated for U.S.
REMOVED
The number of outstanding com mon shares of the registrant as of May 3, 2024 was 13,698,966 .
As of February 29, 2024, we had total assets of $1,191.2 million and investments in 55 portfolio companies, excluding an investment in the subordinated notes of one collateralized loan obligation fund, Saratoga Investment Corp.
( Saratoga CLO ), which had a fair value of $9.5 million as of February 29, 2024, investments in the Class F-2-R-3 Note of the Saratoga CLO which as of February 29, 2024 had a fair value of $8.9 million, and investments in the Saratoga Senior Loan Fund I JV LLC ( SLF JV ) and its subsidiaries, a joint venture which as of February 29, 2024 had a fair value of $25.2 million.
The overall portfolio composition as of February 29, 2024 consisted of 85.7% of first lien term loans, 1.6% of second lien term loans, 1.4% of unsecured loans, 2.7% of structured finance securities and 8.6% of equity interests.
As of February 29, 2024, the weighted average yield on all of our investments, including our investment in the subordinated notes of Saratoga CLO and Class F-2-R-3 Note was approximately 11.4%.
As of February 29, 2024, our total return based on market value was -3.92% and our total return based on net asset value ( NAV ) per share was 4.20%.
As of February 28, 2023, our total return based on market value was 10.35% and our total return based on NAV was 9.46%.
Our investment in the subordinated notes of Saratoga CLO represents a first loss position in a portfolio that, at February 29, 2024, was composed of $640.8 million in aggregate principal amount of predominantly senior secured first lien term loans.
These entities are consolidated for accounting purposes but are not consolidated for U.S.
was liquidated following the sale of equity held by each of the portfolio companies and will be dissolved following the end of the entity s indemnification period.