Palmer Square Capital BDC Inc. reported its financial results for the second quarter ended June 30, 2024. The company announced Net Investment Income per share of $0.48, a decrease from $0.52 in the prior quarter. Net Investment Income totaled $15.758 million for the quarter.
The Net Asset Value (NAV) per share stood at $16.85 as of June 30, 2024, a decline from $17.16 at the end of the previous quarter. The total fair value of investments was $1.431 billion, with 0% of investments on non-accrual status, indicating strong credit quality.
Total investment income for the quarter was $36.55 million. The company reported net realized losses of $9.41 million and net change in unrealized losses of $1.03 million, contributing to a net increase in net assets from operations of $5.31 million.
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