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Logan Ridge Finance Corporation (LRFC)

BDC - Debt Focused BDC

Data as of Aug. 18, 2022
Market Price $19.55 (+ $0.15)
NAV (June 30, 2022) $37.31 ( $0.00)
Fund Listed NASDAQ
Premium / Discount -47.60% (+0.40%)
Fund Info
Inception Sept. 25, 2013
Sponsor Mount Logan Management LLC
Website https://www.loganridge...
Location North Carolina
Incorporated Maryland
Staggered Board Yes
Objective: Long-term enterprise value
Related Indexes
Discount CEF/BDC Index
Capital & Leverage
Outstanding Shares 2,711,068
Total Assets (Reported: June 30, 2022) $212M
Estimated Total Assets $194M
Net Assets $101M
Market Cap $53M
Portfolio Turnover 48.62%
Debt-to-Equity 1.0022
Total Leverage 47.78%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 16.26%
Non Lev Exp Ratio 8.07%
Gross Asset Expense Ratio 7.98%
Gross Asset Non Lev Exp Ratio 3.96%
Rel Lev Cost 8.41%
Discount Data
Average Discount (3 Yr) -44.28%
Discount Low(3 Yr) -78.37%
Discount High(3 Yr) 0.11%
Discount Rel Range 39.21%
Comp Discount -43.64
Discount St Dev (1Yr) 6.84
Z-Stat (6mo) 0.01
Z-Stat (1Yr) -0.70
Z-Stat (3Yr) -0.16
Comp Z-Stat (6mo) -0.24
Comp Z-Stat (3Yr) -0.50
Distribution Data
Market Yield 0.00%
Income Yield 0.00%
Lev Adj NAV Yield 0.00%
Av Yield on Debt Investments 8.70
Distribution Frequency M
Current Distribution $
Current Income $
Payable Date
Div Growth (3yr) %
Dividend Change -35.9% on 10/2/17
Expected Div
RoC (1yr) %
RoC (3yr) 40.74%
Tax Dividend Data 2020 2018 - 2020
Income 17% 67.2%
ST Gains 0% 0%
QDI 0.1% 5.8%
LT Gains 0% 0%
RoC 83% 32.8%
Volume & Liquidity
Average Daily $ (K) $235
Avg Volume 30 day 11,685
Avg Volume 90 day 12,026
Volume Trend -2.84%
Comp Volume Trend 13.08%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's BDC Index
Most Correlated Peer (Mk Pr): SCM 41.0%
Price St Dev (1Yr) 27.3%
NAV St Dev (1Yr) 6.4%
Earnings / Share (6/30/22) $-0.114
Adj Core NII Coverage %
1 Yr Avg NII Coverage -29.67%
1 Yr Avg Adj Core NII Coverage -29.67%
NII Trend -30.38%
Adj Core NII Trend -30.38%
Price Beta (2yr)
vs. S&P 500 (TR)
Price Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Beta (2yr)
vs. CEFA's Debt-Focused Business Development Company (BDC) Index
Portfolio Data
Avg Libor Floor % 1.10%
% Loans with Libor Floor 60%


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

The following information applies to closed-end funds and business development companies in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation (FDIC). Shares of closed-end funds (CEFs) and business development companies (BDCs) are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds and business development companies frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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