Earnings release
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CSWC capital southwest Exhibit 99.1 Lincoln Centre Tower I 5400 Lyndon B. Johnson Freeway , Suite 1300 Dallas , Texas 75240 T 214.238.5700 F 214.238.5701 Capital Southwest Announces Financial Results for Second Fiscal Quarter Ended September 30 , 2021 CSWC Reports Pre - Tax Net Investment Income of $ 0.45 Per Share for Quarter Ended September 30 , 2021 and Affirms $ 0.97 Total Dividends to be paid for the Quarter Ended December 31 , 2021 Dallas , Texas - November 1 , 2021 - Capital Southwest Corporation ( " Capital Southwest , " " CSWC " or the " Company " ) ( Nasdaq : CSWC ) , an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses , today announced its financial results for the second fiscal quarter ended September 30 , 2021 . Second Quarter Fiscal Year 2022 Financial Highlights Total Investment Portfolio : $ 818.2 million Credit Portfolio of $ 689.4 million : 91 % 1st Lien Senior Secured Debt · $ 111.7 million in new committed credit investments · Weighted Average Yield on Debt Investments : 9.7 % Three credit investments currently on non - accrual with a fair value of $ 24.2 million , representing 3.0 % of the total investment portfolio Equity Portfolio of $ 69.2 million , excluding investment in I - 45 Senior Loan Fund ( " I - 45 SLF " ) " $ 1.2 million in new equity co - investments CSWC Investment in I - 45 SLF of $ 59.6 million at fair value I - 45 SLF portfolio of $ 169.0 million Portfolio consists of 38 issuers : 95 % 1st Lien Debt $ 97.0 million of debt outstanding at I - 45 SLF as of September 30 , 2021 I - 45 SLF fund leverage of 1.30x debt to equity at fair value at quarter end I - 45 SLF paid a $ 1.6 million quarterly dividend to CSWC ; an annualized yield of 10.5 % Pre - Tax Net Investment Income : $ 10.0 million , or $ 0.45 per weighted average diluted share Dividends : Paid $ 0.44 per share Regular Dividend , $ 0.10 per share Supplemental Dividend о 109 % LTM Pre - Tax NII Regular Dividend Coverage Total Dividends for the quarter ended September 30 , 2021 of $ 0.54 per share Undistributed Taxable Income at quarter end estimated at $ 0.69 per share Net Realized and Unrealized Appreciation on Investments : $ 2.8 million o $ 4.5 million of net appreciation related to the equity portfolio о $ 0.1 million of net depreciation related to the credit portfolio $ 1.6 million of net depreciation related to I - 45 SLF LLC