---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-071483"
form_type: "8-K"
ticker: "BCIC"
cik: "0001372807"
company_name: "BCP Investment Corp"
filed_at: "2023-03-15T23:59:59+00:00"
generated_at: "2026-06-18T01:49:42.025921+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Portman Ridge Q4 core investment income $17.7M; raises quarterly distribution to $0.68

## Summary
- Total Q4 investment income $18.6M vs $17.3M YoY; NII $7.1M ($0.74 per share).
- FY2022 core investment income $64.2M (+$0.8M YoY); NII $28.9M ($3.00 per share) down from $42.0M.
- NAV $232.1M ($24.23 per share) as of Dec 31; net leverage 1.49x on $378.2M borrowings.
- Declared Q1 2023 distribution $0.68 per share (payable March 31), second consecutive quarterly increase.
- Debt portfolio weighted avg interest rate 11.1% (vs 8.1%); non-accruals improved to 4 investments.

## SEC filing metadata
- accession: 0001193125-23-071483
- form_type: 8-K
- ticker: BCIC
- cik: 0001372807
- company_name: BCP Investment Corp
- filed_at: 2023-03-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1372807/000119312523071483/0001193125-23-071483-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1372807/000119312523071483/d484625d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-071483
- JSON: https://secwatch.observer/filing/0001193125-23-071483.json
- Plain text: https://secwatch.observer/filing/0001193125-23-071483.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.