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Runway Growth Finance Corp (RWAY)

BDC - Debt Focused BDC

Data as of May 20, 2024
Market Price $11.66 (- $0.06)
NAV (March 31, 2024) $13.36 ( $0.00)
Fund Listed NASDAQ
Premium / Discount -12.72% (-0.45%)
Fund Info
Inception Oct. 21, 2021
Sponsor Runway Growth Capital
Website https://investors.runw...
Location Illinois
Incorporated Maryland
Staggered Board Yes
Term Date N/A
Objective: Invest in senior secured term loans and other senior debt obligations
Related Indexes
Debt-Focused Business Development Company (BDC) Index
High Income Index
60/40 Balanced (w/ BDCs) Index
Taxable Bond & BDC Index
Capital & Leverage
Outstanding Shares 39,438,460
Total Assets (Reported: March 31, 2024) $1,030M
Estimated Total Assets $979M
Net Assets $527M
Market Cap $460M
Portfolio Turnover 9.64%
Debt-to-Equity 0.8989
Total Leverage 46.16%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 15.73%
Non Lev Exp Ratio 7.73%
Gross Asset Expense Ratio 8.28%
Gross Asset Non Lev Exp Ratio 4.07%
Rel Lev Cost 9.13%
Discount Data
Average Discount (3 Yr) %
Discount Low(3 Yr) -24.66%
Discount High(3 Yr) 1.26%
Discount Rel Range (3 Yr) 46.05%
Comp Discount -13.03
Discount St Dev (1Yr) 4.71
Z-Stat (6mo) -1.46
Z-Stat (1Yr) -0.80
Z-Stat (3Yr)
Comp Z-Stat (6mo) -2.34
Comp Z-Stat (3Yr)
Distribution Data
Market Yield 13.72%
Income Yield 13.72%
Lev Adj NAV Yield 8.19%
Av Yield on Debt Investments 17.39
Distribution Frequency Q
Current Distribution $0.400
Current Income $0.400
Ex-Date 5/9/24
Payable Date 5/24/24
Div Growth (3yr) %
Dividend Change 11.1% on 2/23/23
Expected Div 8/1/24
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (K) $4,698
Avg Volume 30 day 505,587
Avg Volume 90 day 402,882
Volume Trend 25.49%
Comp Volume Trend 26.61%
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): TPVG 52.0%
Price St Dev (1Yr) 26.1%
NAV St Dev (1Yr) 4.4%
Earnings / Share (3/31/24) $0.471
Adj Core NII Coverage 117.76%
1 Yr Avg NII Coverage 122.06%
1 Yr Avg Adj Core NII Coverage 122.06%
NII Trend -10.34%
Adj Core NII Trend -10.34%
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 % 3.07%
% Loans with Libor Floor 95%


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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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