SLR Investment Corp (NASDAQ: SLRC) is a business development company (BDC) that originates and invests in debt securities of middle-market companies. It makes money primarily through interest income on loans and debt investments, which are typically below investment grade and include leveraged loans and high-yield securities. SLRC is structured as a closed-end, externally managed, non-diversified management investment company regulated under the Investment Company Act of 1940. The company was incorporated in Maryland in November 2007. Investment activities are managed by the external adviser SLR Capital Partners, LLC, under the supervision of SLRC's board of directors. The portfolio focuses on senior secured debt of U.S. companies, with a portion allocated to opportunistic investments including select non-U.S. leveraged companies and public company securities. Securities in the portfolio are predominantly rated below investment grade, carrying elevated credit risk relative to investment-grade instruments.
Senior secured loans, leveraged loans, high-yield debt securities, and opportunistic investments including direct investments in public companies and securities of leveraged companies in select non-U.S. markets.
Interest income on below-investment-grade debt investments, including leveraged loans and high-yield securities extended to middle-market borrowers. Supplemental income from fees and opportunistic investments.
Middle-market companies in the United States, primarily borrowers rated below investment grade. Opportunistic exposure to select non-U.S. leveraged companies.
Primarily United States, with opportunistic investments in select countries outside the United States.
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