Portman Ridge Finance is an externally managed, non-diversified closed-end investment company. Co. originates, structures, and invests in secured term loans, bonds or notes and mezzanine debt in privately-held middle market companies but may also invests in other investments such as loans to publicly-traded companies, bonds, and distressed debt securities. Co. also invests in joint ventures and debt and subordinated securities issued by collateralized loan obligation funds. In addition, from time to time Co. may invests in the equity securities of privately held middle market companies and may also receive warrants or options to purchase common stock in connection with its debt investments. The PTMN stock yearly return is shown above.
The yearly return on the PTMN stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2014 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 PTMN annual return calculation with any dividends reinvested as applicable (on ex-dates).
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