WhiteHorse Finance, Inc. is an externally managed, non-diversified, closed-end management investment company. The Company's investment objective is to generate attractive risk-adjusted returns primarily by originating and investing in senior secured loans, including first lien and second lien facilities, to performing lower middle market companies across a broad range of industries. The Company is focused principally on originating senior secured loans to lower middle market companies. It also makes opportunistic investments at other levels of a company’s capital structure, including mezzanine loans or equity interests, and in companies outside the United States based lower middle market. The Company’s investment advisor is H.I.G. WhiteHorse Advisers, LLC.
Growing
The company is in a growing phase, with the latest annual income totaling USD 66.43M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 382.35%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 382.35%.
Undervalued
The company’s latest PB is 0.74, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 8.65M shares, decreasing 9.19% quarter-over-quarter.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.19.