WhiteHorse Finance Q2 NAV Rebounds to $11.77, Declares $0.25 Distribution
WHF is trading near its 52-week low of $6.07 (12% above the low).
Summary
WhiteHorse Finance reported Q2 2026 net investment income of $4.7M ($0.217/share), down from $5.6M in Q1, but net asset value per share rose 2.6% to $11.77, driven by $5.8M in unrealized gains and share buybacks. The portfolio grew to $569M with a 10.8% yield, and the company declared a $0.25 quarterly distribution for Q3. The advisor also voluntarily cut its incentive fee to 17.5% for the next quarter, a modest tailwind. This follows a Q1 marked by credit deterioration and a net loss; the NAV recovery and stable distribution signal improving credit trends. The stock trades at a steep discount to NAV, and the buyback program continues to provide support.
At the time of this announcement, WHF was trading at $6.79 on NASDAQ in the Finance sector, with a market capitalization of approximately $144.1M. The 52-week trading range was $6.07 to $8.97. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: PR Newswire.