BDC / US BDC Index

MFIC

Midcap Financial Investment Corporation - Closed E

as of 2016-04-21

Market Price

$17.22

Daily Change

-1.03%

YTD Return

-1.20%

NAV / Discount

$14.18 / -19.32%

Quick Read

Midcap Financial Investment Corporation (MFIC) is a specialty finance company operating as a Business Development Company (BDC), with a distinct focus on providing customized debt solutions to middle-market companies primarily in the U.S. What sets MFIC apart is its strategic relationship with Apollo Global Management & its affiliation with MidCap Financial, granting it access to proprietary deal flow and deep underwriting expertise. MFIC specializes in senior secured loans, which typically form the bulk of its portfolio, seeking to deliver both capital preservation & attractive risk-adjusted returns. The company targets companies that are often underserved by traditional banks, deploying a disciplined, credit-centric approach that combines rigorous due diligence with ongoing active portfolio management. MFIC's robust origination capabilities, coupled with Apollo's vast resources, allow it to source differentiated investment opportunities & structure tailored financial solutions. Furthermore, MFIC benefits from prudent leverage, robust risk management practices, “first out, last in” structuring advantages, and diversified industry exposure, which help insulate its portfolio from sector-specific volatility. Its ability to sustain a stable dividend, supported by recurring interest income, is a testament to portfolio resilience and prudent underwriting. Collectively, MFIC's alignment with best-in-class investment professionals, focus on secured lending, & access to broad deal flow position it as a standout BDC in an increasingly competitive middle-market lending landscape.

Coverage Ratio1.03x
Leverage Ratio1.42x
Asset Coverage1.7042%
ManagementExternal
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Portfolio Composition

Senior Debt

95.0%

Sub Debt

0.0%

Equity

5.0%

Other

0.0%

Distribution History

2025-09-09

2025-09-09

$0.38

income

2025-12-09

2025-12-09

$0.38

income

2026-03-10

2026-03-10

$0.31

income