---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-277204"
form_type: "8-K"
ticker: "BCIC"
cik: "0001372807"
company_name: "BCP Investment Corp"
filed_at: "2023-11-14T23:59:59+00:00"
generated_at: "2026-06-08T03:17:34.637484+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Portman Ridge Q3 NII falls to $0.75/shr but NAV rises to $22.65; dividend increased

## Summary
- Q3 2023 total investment income $18.6M, down from $19.0M YoY and $19.6M QoQ.
- NII $7.2M ($0.75/shr) vs $8.4M ($0.87/shr) YoY; core investment income $18.3M, up from $17.6M.
- NAV per share $22.65 vs $22.54 QoQ; repurchased 60,559 shares for $1.2M in Q3.
- Declared Q4 dividend $0.69/shr (+$0.02 YoY); full year 2023 distributions $2.75/shr, up 7.4%.
- Non-accruals at 1.6% of fair value; net leverage 1.34x, down from 1.39x.

## SEC filing metadata
- accession: 0001193125-23-277204
- form_type: 8-K
- ticker: BCIC
- cik: 0001372807
- company_name: BCP Investment Corp
- filed_at: 2023-11-14T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1372807/000119312523277204/0001193125-23-277204-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1372807/000119312523277204/d386547d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-277204
- JSON: https://secwatch.observer/filing/0001193125-23-277204.json
- Plain text: https://secwatch.observer/filing/0001193125-23-277204.txt

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