WhiteHorse Finance

WhiteHorse Finance, Inc is a managed, non-diversified, closed-end management investment company which operates as a direct lender targeting debt investments in privately held, lower middle market companies located in the United States. Its investment objective is to generate returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing lower middle market companies across a range of industries that typically carry a floating interest rate based on the London Interbank Offered Rate. It focuses principally on originating senior secured loans to lower middle market companies. The company was founded on December 28, 2011 and is headquartered in Miami, FL.

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Earnings data Q1 2026

Earnings data Q2 2026

WhiteHorse Finance reports solid Q1 performance amidst market challenges

WhiteHorse Finance's Q1 performance was solid, with net investment income covering dividends.
The company faces challenges from market conditions and decreasing average investment size.
Opportunities lie in optimizing the portfolio mix and capitalizing on aggressive lenders.
Maintaining a focus on stable credits can drive future stability and growth.

WhiteHorse Finance reports Q3 challenges, focuses on non-sponsor market

WHF faced challenges in Q3 2024 with a decline in the investment portfolio, but maintained a robust debt portfolio and declared shareholder distributions.
The company is navigating market aggressiveness by focusing on non-sponsor deals and optimizing outcomes of workout accounts.
Opportunities lie in leveraging strengths to capitalize on market conditions and adapt distribution strategies based on core earnings power.

WhiteHorse Finance reports mixed Q4 results, eyes nonsponsored market

WHF faces challenges with nonaccrual investments and aggressive market conditions but anticipates solid first quarter volume. The company's ongoing investment activity post-quarter end and consistent distribution highlight its strengths. Opportunities lie in the nonsponsored market and potential utilization of undistributed taxable income.

WhiteHorse Finance reports Q1 losses, focuses on strategic portfolio management

WhiteHorse Finance faced challenges in Q1 2025 due to market conditions and a decline in the investment portfolio, leading to net losses. Despite these challenges, the company demonstrated strengths in strategic portfolio management and proactive risk management practices. Opportunities lie in optimizing outcomes for workout accounts, navigating market challenges, and aligning shareholder returns with portfolio performance. Careful evaluation and planning will be crucial for WhiteHorse Finance to overcome challenges and leverage opportunities for future growth.

WhiteHorse Finance reports Q2 losses, maintains stability through diversification

WhiteHorse Finance faced challenges in Q2 2025 with declining investments and net losses, but maintained stability through consistent distributions and financial maneuvers. The company's focus on nonsponsor deals and regional markets presents opportunities for diversification and growth amidst subdued M&A activity. Strategic initiatives like debt securitization enhance WhiteHorse Finance's financial position, providing a foundation for navigating market uncertainties and pursuing new investments.

WhiteHorse Finance adjusts strategies amidst market challenges in Q3

WhiteHorse Finance navigated challenging market conditions in Q3 2025, with a focus on shareholder value through base distribution resets and share buyback programs. The company's proactive measures, such as reducing incentive fees and transferring investments to STRS JV, demonstrate strategic adaptability in a competitive lending market. Despite facing headwinds, WhiteHorse Finance maintains a strong financial position with ample cash resources and growth opportunities in the nonsponsor market.

WhiteHorse Finance (WHF) reports robust Q4 performance and focuses on shareholder value

WhiteHorse Finance (WHF) delivered a strong Q4 performance with notable gains and a focus on enhancing shareholder value through share repurchases. The company faces challenges with nonaccrual investments and market conditions but has opportunities to optimize its strategy and capitalize on emerging trends. Overall, WhiteHorse Finance (WHF) remains committed to transparency, risk management, and driving shareholder value amid evolving market dynamics.

WhiteHorse Finance reports Q1 performance, faces investment challenges

WhiteHorse Finance navigated Q1 with solid performance in net investment income and NAV accretion. Challenges include losses in certain investments and a decrease in total investments. Opportunities lie in the pipeline of mandated deals, market conditions favoring strategic investments, and insider confidence.

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WhiteHorse Finance, Inc. is a closed-end management investment company. It engages in the business of investing in loans and securities that are rated below investment grade by rating agencies or that may be rated below investment grade if they were so rated. The company was founded on December 28, 2011 and is headquartered in Miami, FL.