$MCVT
Mill City Ventures III, Ltd

2021 Q4 Form 10-Q Financial Statement

#000110465921137768 Filed on November 12, 2021

View on sec.gov

Income Statement

Concept 2021 Q4 2021 Q3 2020 Q4
Revenue $678.2K $516.0K $542.2K
YoY Change 25.09% 386.41% 1393.99%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $331.2K $239.6K $235.4K
YoY Change 40.68% 32.88% 42.85%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00 $0.00 $140.00
YoY Change -100.0% -100.0% -78.13%
% of Gross Profit
Operating Expenses $331.2K $239.6K $235.5K
YoY Change 40.6% 32.41% 42.37%
Operating Profit
YoY Change
Interest Expense -$30.12K -$485.0K $1.301M
YoY Change -102.32% -201.63% -2944.6%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $316.9K $30.99K $1.607M
YoY Change -80.28% -94.69% -1019.07%
Income Tax $43.72K -$300.00 $288.4K
% Of Pretax Income 13.79% -0.97% 17.94%
Net Earnings $273.2K $31.29K $1.319M
YoY Change -79.28% -94.64% -854.14%
Net Earnings / Revenue 40.28% 6.06% 243.24%
Basic Earnings Per Share $0.00
Diluted Earnings Per Share $56.97K $0.00 $121.7K
COMMON SHARES
Basic Shares Outstanding 10.79M 10.79M
Diluted Shares Outstanding 10.79M

Balance Sheet

Concept 2021 Q4 2021 Q3 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.936M $3.595M $5.441M
YoY Change -64.41% 69.52% -32.55%
Cash & Equivalents $1.936M $3.595M $5.441M
Short-Term Investments
Other Short-Term Assets $83.67K $128.7K $43.84K
YoY Change 90.85% 152.31% 38.91%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $2.594M $4.505M $5.820M
YoY Change -55.42% 69.61% -30.34%
LONG-TERM ASSETS
Property, Plant & Equipment $4.980K $9.660K $23.35K
YoY Change -78.67% -65.43% -45.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $2.449M $1.422M $6.668M
YoY Change -63.28% -82.61% 283.01%
Other Assets
YoY Change
Total Long-Term Assets $14.10M $11.07M $6.691M
YoY Change 110.78% 34.86% 275.12%
TOTAL ASSETS
Total Short-Term Assets $2.594M $4.505M $5.820M
Total Long-Term Assets $14.10M $11.07M $6.691M
Total Assets $16.70M $15.57M $12.51M
YoY Change 33.47% 43.36% 23.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $64.03K $27.62K $32.92K
YoY Change 94.51% 6.01% 31.67%
Accrued Expenses $1.275M $1.153M $39.78K
YoY Change 3104.25% 3633.53% -11.56%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.239M $2.290M $612.0K
YoY Change 429.21% 3923.0% 774.54%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $3.239M $2.290M $612.0K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $3.284M $2.431M $870.0K
YoY Change 277.45% 4170.71% 1143.38%
SHAREHOLDERS EQUITY
Retained Earnings -$1.160M -$1.160M -$1.160M
YoY Change 0.0%
Common Stock $10.79K $10.79K $10.79K
YoY Change 0.04%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $13.41M $13.14M $11.64M
YoY Change
Total Liabilities & Shareholders Equity $16.70M $15.57M $12.51M
YoY Change 33.47% 43.36% 23.4%

Cashflow Statement

Concept 2021 Q4 2021 Q3 2020 Q4
OPERATING ACTIVITIES
Net Income $273.2K $31.29K $1.319M
YoY Change -79.28% -94.64% -854.14%
Depreciation, Depletion And Amortization $0.00 $0.00 $140.00
YoY Change -100.0% -100.0% -78.13%
Cash From Operating Activities -$579.3K $2.080M $3.325M
YoY Change -117.42% -189.23% 49.59%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.079M 0.000 -4.650K
YoY Change 23105.16%
NET CHANGE
Cash From Operating Activities -579.3K 2.080M 3.325M
Cash From Investing Activities
Cash From Financing Activities -1.079M 0.000 -4.650K
Net Change In Cash -1.658M 2.080M 3.320M
YoY Change -149.95% -189.23% 49.38%
FREE CASH FLOW
Cash From Operating Activities -$579.3K $2.080M $3.325M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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mcvt Increase Decrease In Receivable For Investment Sales
IncreaseDecreaseInReceivableForInvestmentSales
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mcvt Increase Decrease In Receivable For Investment Sales
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us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
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NetCashProvidedByUsedInOperatingActivities
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PaymentsOfDividendsCommonStock
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NetCashProvidedByUsedInFinancingActivities
-539296
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Stock Issued1
StockIssued1
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mcvt Cash Dividends Declared To Common Stock Shareholders
CashDividendsDeclaredToCommonStockShareholders
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CY2021Q3 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
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CY2021Q3 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
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CY2021Q3 us-gaap Investment Owned Percent Of Net Assets
InvestmentOwnedPercentOfNetAssets
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CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3594508
CY2021Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
3594508
CY2020 mcvt Percentage Of Fair Value
PercentageOfFairValue
1.000
CY2021Q3 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
11057453
mcvt Cash And Cash Equivalents Percent Of Net Assets
CashAndCashEquivalentsPercentOfNetAssets
0.2735
CY2021Q3 mcvt Investments And Cash Cost
InvestmentsAndCashCost
14156959
CY2021Q3 mcvt Investments And Cash Fair Value
InvestmentsAndCashFairValue
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mcvt Investments And Cash Percentage Of Net Assets
InvestmentsAndCashPercentageOfNetAssets
1.1148
CY2020Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
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CY2020Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
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CY2020Q4 us-gaap Investment Owned Percent Of Net Assets
InvestmentOwnedPercentOfNetAssets
0.5730
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5440579
CY2020Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
5440579
CY2020 mcvt Cash And Cash Equivalents Percent Of Net Assets
CashAndCashEquivalentsPercentOfNetAssets
0.4674
CY2020Q4 mcvt Investments And Cash Cost
InvestmentsAndCashCost
10409155
CY2020Q4 mcvt Investments And Cash Fair Value
InvestmentsAndCashFairValue
12108476
CY2020 mcvt Investments And Cash Percentage Of Net Assets
InvestmentsAndCashPercentageOfNetAssets
1.0404
mcvt Maximum Percentage Of Total Assets Investment Securities
MaximumPercentageOfTotalAssetsInvestmentSecurities
0.40
CY2021Q3 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
10562451
mcvt Percentage Of Amortized Cost
PercentageOfAmortizedCost
1.000
CY2021Q3 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
11057453
mcvt Percentage Of Fair Value
PercentageOfFairValue
1.000
CY2020Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
4968576
CY2020 mcvt Percentage Of Amortized Cost
PercentageOfAmortizedCost
1.000
CY2020Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
6667897
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt 0pt 12pt 0pt;"><span style="font-style:italic;font-weight:bold;">Use of estimates: </span>The preparation of financial statements in conformity with GAAP requires management and our Board of Directors to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosures of contingent assets and liabilities, at the date of the financial statements, as well as the reported amounts of expenses during the reporting period. Actual results could differ from those estimates, and the differences could be material. For more information, see the “Valuation of portfolio investments” caption below, and “Note 4 – Fair Value of Financial Instruments” below. The Company is an investment company following accounting and reporting guidance in ASC 946.</p>
mcvt Percentage Of Fair Value
PercentageOfFairValue
1.000
CY2020Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
6667897
CY2020 mcvt Percentage Of Fair Value
PercentageOfFairValue
1.000
CY2021Q3 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
11057453
CY2020Q4 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
6667897
us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
0
CY2021Q3 mcvt Investment Company Net Increase Decrease In Net Assets From Operations
InvestmentCompanyNetIncreaseDecreaseInNetAssetsFromOperations
31288
CY2020 us-gaap Fair Value Assets Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueAssetsMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
0
CY2021Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
141000
CY2020Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
258000
CY2021Q3 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
1141700
CY2020Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
13722
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-300
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.289
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1010978
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.304
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0
CY2020Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
351000
CY2020Q3 mcvt Investment Company Net Increase Decrease In Net Assets From Operations
InvestmentCompanyNetIncreaseDecreaseInNetAssetsFromOperations
583344
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10790413
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10696735
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.05
CY2021Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10790413
CY2021Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
CY2020Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.05
mcvt Investment Company Net Increase Decrease In Net Assets From Operations
InvestmentCompanyNetIncreaseDecreaseInNetAssetsFromOperations
2557836
mcvt Investment Company Net Increase Decrease In Net Assets From Operations
InvestmentCompanyNetIncreaseDecreaseInNetAssetsFromOperations
894796
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10788918
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10881382
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
mcvt Number Of Non Cancelable Operating Leases
NumberOfNonCancelableOperatingLeases
2
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.045
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y
CY2021Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
16689
CY2020Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
16562
CY2021Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
4779
us-gaap Operating Lease Cost
OperatingLeaseCost
14337
CY2021Q3 us-gaap Variable Lease Cost
VariableLeaseCost
4478
us-gaap Variable Lease Cost
VariableLeaseCost
13082
CY2021Q3 us-gaap Short Term Lease Cost
ShortTermLeaseCost
7432
us-gaap Short Term Lease Cost
ShortTermLeaseCost
22297
CY2021Q3 us-gaap Lease Cost
LeaseCost
16689
us-gaap Lease Cost
LeaseCost
49716
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
9661
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
10843
CY2021Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
10843
CY2021Q3 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
1.22
CY2020Q3 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
1.01
CY2019Q3 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
0.93
CY2018Q3 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
0.98
CY2017Q3 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
0.83
CY2021Q3 mcvt Market Value Of Investments Per Share
MarketValueOfInvestmentsPerShare
1.02
mcvt Investment Company Repurchase Of Common Stock Per Share
InvestmentCompanyRepurchaseOfCommonStockPerShare
0.04
us-gaap Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
0.10
us-gaap Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
0.00
us-gaap Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
0.05
us-gaap Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
0.00
us-gaap Investment Company Distribution To Shareholders Per Share
InvestmentCompanyDistributionToShareholdersPerShare
0.00
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
5290
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
5449
CY2021Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
10739
CY2021Q3 mcvt Lease Payment Plus Interest
LeasePaymentPlusInterest
104
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
10843
CY2020Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
1.08
CY2019Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
0.91
CY2018Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
1.02
CY2017Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
0.87
CY2016Q4 us-gaap Net Asset Value Per Share
NetAssetValuePerShare
0.77
us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
0.09
us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
0.02
us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
-0.05
us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
-0.04
us-gaap Investment Company Investment Income Loss Per Share
InvestmentCompanyInvestmentIncomeLossPerShare
-0.04
us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
0.24
us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
0.06
us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
0.01
us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
0.15
us-gaap Investment Company Gain Loss On Investment Per Share
InvestmentCompanyGainLossOnInvestmentPerShare
0.06
mcvt Investment Company Provision For Income Taxes Per Share
InvestmentCompanyProvisionForIncomeTaxesPerShare
-0.09
mcvt Investment Company Provision For Income Taxes Per Share
InvestmentCompanyProvisionForIncomeTaxesPerShare
0.00
mcvt Investment Company Provision For Income Taxes Per Share
InvestmentCompanyProvisionForIncomeTaxesPerShare
0.00
mcvt Investment Company Provision For Income Taxes Per Share
InvestmentCompanyProvisionForIncomeTaxesPerShare
0.00
mcvt Investment Company Provision For Income Taxes Per Share
InvestmentCompanyProvisionForIncomeTaxesPerShare
0.00
mcvt Investment Company Repurchase Of Common Stock Per Share
InvestmentCompanyRepurchaseOfCommonStockPerShare
0.00
mcvt Investment Company Repurchase Of Common Stock Per Share
InvestmentCompanyRepurchaseOfCommonStockPerShare
0.02
mcvt Investment Company Repurchase Of Common Stock Per Share
InvestmentCompanyRepurchaseOfCommonStockPerShare
0.00
mcvt Investment Company Repurchase Of Common Stock Per Share
InvestmentCompanyRepurchaseOfCommonStockPerShare
0.00
CY2020Q3 mcvt Market Value Of Investments Per Share
MarketValueOfInvestmentsPerShare
0.76
CY2019Q3 mcvt Market Value Of Investments Per Share
MarketValueOfInvestmentsPerShare
0.70
CY2018Q3 mcvt Market Value Of Investments Per Share
MarketValueOfInvestmentsPerShare
0.82
CY2017Q3 mcvt Market Value Of Investments Per Share
MarketValueOfInvestmentsPerShare
0.51
CY2021Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10790413
CY2020Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10696735
CY2019Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
11067402
CY2018Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
11067402
CY2017Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
12151493
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10788918
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10881382
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11067402
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11067402
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12151493
us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
-0.0553
us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
-0.0589
mcvt Investment Company Realized Gains Losses Ratio
InvestmentCompanyRealizedGainsLossesRatio
40.81
mcvt Investment Company Realized Gains Losses Ratio
InvestmentCompanyRealizedGainsLossesRatio
7.06
mcvt Investment Company Realized Gains Losses Ratio
InvestmentCompanyRealizedGainsLossesRatio
57.36
mcvt Investment Company Realized Gains Losses Ratio
InvestmentCompanyRealizedGainsLossesRatio
-12.79
mcvt Investment Company Realized Gains Losses Ratio
InvestmentCompanyRealizedGainsLossesRatio
16.51
CY2021Q3 us-gaap Assets Net
AssetsNet
13140835
CY2020Q3 us-gaap Assets Net
AssetsNet
10805062
CY2019Q3 us-gaap Assets Net
AssetsNet
10588689
CY2018Q3 us-gaap Assets Net
AssetsNet
11278889
CY2017Q3 us-gaap Assets Net
AssetsNet
9555551
CY2021Q3 mcvt Average Assets Net
AverageAssetsNet
13090497
CY2020Q3 mcvt Average Assets Net
AverageAssetsNet
10220482
CY2019Q3 mcvt Average Assets Net
AverageAssetsNet
12304975
CY2018Q3 mcvt Average Assets Net
AverageAssetsNet
9955674
CY2017Q3 mcvt Average Assets Net
AverageAssetsNet
9504851
us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
0.2222
us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
0.0879
us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
-0.0882
us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
0.1264
us-gaap Investment Company Total Return
InvestmentCompanyTotalReturn
0.0260
mcvt Investment Company Portfolio Turnover Rate
InvestmentCompanyPortfolioTurnoverRate
124.55
mcvt Investment Company Portfolio Turnover Rate
InvestmentCompanyPortfolioTurnoverRate
18.18
mcvt Investment Company Portfolio Turnover Rate
InvestmentCompanyPortfolioTurnoverRate
7.11
mcvt Investment Company Portfolio Turnover Rate
InvestmentCompanyPortfolioTurnoverRate
11.55
mcvt Investment Company Portfolio Turnover Rate
InvestmentCompanyPortfolioTurnoverRate
11.87
us-gaap Investment Company Expense Ratio After Incentive Allocation
InvestmentCompanyExpenseRatioAfterIncentiveAllocation
0.1031
us-gaap Investment Company Expense Ratio After Incentive Allocation
InvestmentCompanyExpenseRatioAfterIncentiveAllocation
0.0649
us-gaap Investment Company Expense Ratio After Incentive Allocation
InvestmentCompanyExpenseRatioAfterIncentiveAllocation
0.0770
us-gaap Investment Company Expense Ratio After Incentive Allocation
InvestmentCompanyExpenseRatioAfterIncentiveAllocation
0.0698
us-gaap Investment Company Expense Ratio After Incentive Allocation
InvestmentCompanyExpenseRatioAfterIncentiveAllocation
0.0738
us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
0.0987
us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
0.0335
us-gaap Investment Company Investment Income Loss Ratio
InvestmentCompanyInvestmentIncomeLossRatio
-0.0640

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