Equus Total Return reports Q1 NAV of $1.50, up 26% from $1.19 at year-end 2025

EQUUS TOTAL RETURN, INC.

Net assets as of March 31, 2026: $20.9 million, up from $16.6 million at December 31, 2025.
NAV per share $1.50 vs $1.19; shares outstanding unchanged at 13,967.
Morgan E&P holding increased $5.0 million due to higher crude oil futures prices.
CitroTech holdings decreased $0.5 million; partial share sale offset price rise.
Comparative NAV history: $1.52 (Q1'25) vs current $1.50, reflecting prior decline from $2.52.

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