Quarterly report pursuant to Section 13 or 15(d)

Financial Highlights

v3.24.3
Financial Highlights
 9 Months Ended
Sep. 30, 2024
Investment Company, Financial Highlights [Abstract]  
Financial Highlights

Note 9. FINANCIAL HIGHLIGHTS

The following schedule provides the financial highlights, calculated based on shares outstanding, for the periods indicated:

 

 

 

Nine months ended September 30, 2024
 (Unaudited) *(1)

 

 

Nine months ended September 30, 2023
 (Unaudited) *(1)

 

Net asset value, beginning of period

 

 

23.56

 

 

 

22.36

 

Income from operations:

 

 

 

 

 

 

Net investment income

 

 

0.47

 

 

 

0.78

 

Net realized gain on sales and dispositions of investments

 

 

4.30

 

 

 

0.28

 

Net change in unrealized appreciation/depreciation on investments

 

 

(0.21

)

 

 

1.05

 

Increase in net assets from operations

 

 

4.56

 

 

 

2.11

 

Payment of cash dividend

 

 

(0.83

)

 

 

(0.70

)

Increase in net assets

 

 

3.73

 

 

 

1.41

 

Net asset value, end of period

 

$

27.29

 

 

$

23.77

 

Per share market price, end of period

 

$

16.80

 

 

$

13.17

 

Total return based on market value (2)

 

 

35.72

%

 

 

4.13

%

Total return based on net asset value (3)

 

 

19.36

%

 

 

9.42

%

Supplemental data:

 

 

 

 

 

 

Ratio of expenses before income taxes to average net assets (4)

 

 

10.59

%

 

 

7.09

%

Ratio of expenses including income taxes to average net assets (4)

 

 

10.12

%

 

 

8.23

%

Ratio of net investment income to average net assets (4)

 

 

2.46

%

 

 

4.49

%

Portfolio turnover

 

 

14.55

%

 

 

26.52

%

Debt/equity ratio

 

 

5.54

%

 

 

22.41

%

Net assets, end of period

 

$

70,446,636

 

 

$

61,352,277

 

 

(1)
Per share data is based on shares outstanding and the results are rounded to the nearest cent.
(2)
Total return based on market value is calculated as the change in market value per share during the period plus declared dividends per share, assuming reinvestment of dividends, divided by the beginning market value per share.
(3)
Total return based on net asset value is calculated as the change in net asset value per share during the period plus declared dividends per share, divided by the beginning net asset value per share.
(4)
Percentage is presented on an annualized basis.

* Amounts are rounded.

The Corporation’s interim period results could fluctuate as a result of a number of factors; therefore results for any interim period should not be relied upon as being indicative of performance for the full year or in future periods.