Palmer Square Capital BDC posted Q2 net investment income of $12.04 million, down 13% from $13.84 million a year earlier.
Total investment income fell 13.83% to $27.3 million, reflecting lower interest from investments of $25.82 million.
Net increase in net assets from operations rose to $8.45 million from $7.17 million, as net expenses declined 14.45% to $15.26 million.
Investment portfolio fair value stood at about $1.1 billion at June 30, 2026, with weighted average total yield to maturity at fair value rising to 11.95% from 11.3%.
Asset coverage ratio was 158% at June 30, 2026; loans on non-accrual represented 0.29% of investments at fair value.
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