Equus Total Return Q2 net investment loss widens to $0.9 million; investment income holds at $0.3 million - EQS News | RalliesEquus Total Return Q2 net investment loss widens to $0.9 million; investment income holds at $0.3 million
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EQS• Q2 investment results widen loss
- Equus Total Return posted a net investment loss of $0.9 million for Q2 2026, widening from $0.6 million a year earlier.
- Total investment income held flat at $0.3 million.
Expenses rise and Morgan E&P gains increase
- Compensation expense rose 50% to $0.6 million, due to officer bonuses tied to dispositions.
- Unrealized gains on Morgan E&P increased $2.5 million in the six months ended June 30, driven by higher oil prices.
Convertible note remains unpaid after maturity
- A $2 million senior convertible promissory note matured Feb. 7 and remained unpaid at June 30.
- A default notice arrived July 29.