Strong Origination and Deployment
CGBD benefited from strong originations, funding $260 million in investments and achieving net investment activity of $117 million. Total investments increased from $2.3 billion to $2.4 billion.
Dividend and Spillover Income
The Board declared a fourth quarter dividend of $0.40 per share, with an attractive yield of over 12%. CGBD has $0.86 per share of spillover income.
Decrease in Nonaccruals
Nonaccruals decreased by 140 basis points at cost between June 30 and September 30, showcasing strong credit quality.