secwatch.observer — SEC 8-K summary
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Issuer:     SARATOGA INVESTMENT CORP. (SAR)
CIK:        0001377936
Form:       8-K
Filed at:   2024-10-08T23:59:59+00:00
Accession:  0001213900-24-086277
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Saratoga Investment Q2 NII per share $1.33, up 26.7% sequentially; NAV per share rises to $27.07
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- Total investment income $43.0M, up 21.1% YoY from $35.5M; includes $7.9M Knowland interest reserve reversal.
- Adjusted NII per share $1.33, up 26.9% from $1.05 prior quarter; dividend maintained at $0.74 per share.
- NAV per share $27.07 (Aug 31, 2024) vs $26.85 prior quarter and $28.44 a year ago.
- Portfolio fair value $1.041B; 85.2% first lien debt; two non-accruals at 0.3% of fair value.
- Subsequent to quarter-end, $56.7M new originations (two new platforms) and $20.5M repayment including Knowland.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1377936/000121390024086277/0001213900-24-086277-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1377936/000121390024086277/ea0217048-8k_sarato.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-086277

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