Portman Ridge Finance is an internally managed, closed-end investment company. Co. originates, structures and invests in senior secured term loans and mezzanine debt primarily in privately-held middle market companies. Also, from time to time Co. may invest in the equity securities of privately held middle market companies. Co. has invested in in asset management companies including Katonah Debt Advisors, L.L.C. (Katonah Debt Advisors) and Trimaran Advisors L.L.C., which manage collateralized loan obligation funds (CLO Funds). Co. invests in debt and subordinated securities issued by CLO Fund Securities, primarily managed by its Katonah Debt Advisors and Trimaran Advisors. The KCAP stock yearly return is shown above.
The yearly return on the KCAP stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2016 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the KCAP annual return calculation with any dividends reinvested as applicable (on ex-dates).
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