PORTFOLIO COMPOSITION

 

 

Comprehensive Investment Portfolio Composition as of December 31, 2020

 

Comprehensive Investment Portfolio Composition
(at fair value)
Amount ($mm) Amount % Weighted Average
Asset-level Yield
First Lien Senior Secured Loans      
Cash Flow 1st Lien Senior Secured Loans $218.7 47.4% 6.7%(4)
Traditional Asset-Based 1st Lien Senior Secured Loans(1) (SLR Business Credit) $148.7 32.3% 12.7%(5)
Healthcare Asset-Based 1st Lien Senior Secured Loans(1) (SLR Healthcare ABL) $65.3 14.2% 12.4%(5)
Life Science 1st Lien Senior Secured Loans $28.2 6.1% 9.3%(6)
       
Total First Lien Senior Secured Loans $460.9 100.0%  
Cash Flow 2nd Lien Senior Secured Loans $0.0 0.0% n/a(4)
Equity and Equity-like Securities(2) $0.1 <0.1%  
Total Comprehensive Investment Portfolio $461.0 100.0% 9.6%(7)
Floating Rate Investments(3) $449.0 97.4%  

(1) Includes SLR Business Credit's and SLR Healthcare ABL's full asset-based funded loan portfolios, all of which are 1st lien senior secured loans.
(2) Excludes the Company’s equity investments in SLR Business Credit and SLR Healthcare ABL, which distribute quarterly dividends to the Company.
(3) Floating rate investments calculated as a percent of the Company’s income-producing Comprehensive Investment Portfolio.
(4) Represents the yield to maturity based on the fair market value at December 31, 2020.
(5) Represents total interest and fee income for the three month period ending December 31, 2020 against the average portfolio over the same fiscal period, annualized.
(6) Represents the weighted average of each individual loan's yield to maturity based on fair value at December 31, 2020 (excluding exit fees or warrants).
(7) Weighted average asset-level yield of the Comprehensive Portfolio's income-producing assets.