secwatch.observer — SEC 8-K summary
======================================

Issuer:     BCP Investment Corp (BCIC)
CIK:        0001372807
Form:       8-K
Filed at:   2023-08-11T23:59:59+00:00
Accession:  0001193125-23-210830
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Portman Ridge Q2 NII $0.83/share; dividend raised to $0.69, up $0.06 YoY
------------------------------------------------------------------------

- Total investment income $19.6M, up $4.6M YoY; NII $7.9M ($0.83/share) vs $5.5M ($0.57) YoY.
- Core NII $7.6M ($0.79/share) vs $4.9M ($0.51) YoY; core investment income $19.2M.
- Declares Q3 distribution $0.69/share (+$0.06 YoY), payable Aug 31, 2023 to holders of record Aug 22.
- NAV $215.0M ($22.54/share), down from $225.1M ($23.56) in Q1 due to $6.6M CLO portfolio losses.
- Repurchased 27,081 shares for ~$552k; portfolio at fair value $510.1M, non-accruals 0.8% by fair value.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1372807/000119312523210830/0001193125-23-210830-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1372807/000119312523210830/d502775d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-210830

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer