CreditDetail · Trends
MFIC — Trends
Certified quarterly series, Q1'22–Q1'26. Every point is drawn from the same gated statement values as the model page — hover any quarter for exact figures. Dollar charts in millions.
NAV per share
Reported net asset value per share at each quarter end.
Portfolio: cost vs fair value
Total investments at amortized cost and at the marks, from the certified balance sheets.
Aggregate mark
Fair value as % of cost across the whole book — the write-down trajectory.
Total investment income
Quarterly investment income across all control buckets.
NII vs distributions declared
Net investment income against distributions declared to shareholders.
PIK share of investment income
Paid-in-kind income as % of total investment income — cash quality of earnings.
Net realized gains/(losses)
Losses crystallized in the quarter.
Net unrealized gains/(losses)
Mark movement through the income statement in the quarter.
Net assets vs facility equity floor
Certified net assets against the $1.0B minimum shareholders' equity covenant in the October 2025 credit agreement (Section 6.07(a); breach is an event of default). The floor shown is the current agreement's, drawn across history for distance context.
Asset coverage vs 1.50× floor
Asset coverage on senior securities against the 1.50× level that is both the facility covenant (continuous) and the 1940 Act floor.
Leverage
Total debt over net assets at each quarter end.