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First Eagle Alternative Capital BDC , Inc. Reports Third Quarter 2021 Financial Results and Declares a Dividend of $ 0.10 Per Share November 4 , 2021 BOSTON , Nov. 04 , 2021 ( GLOBE NEWSWIRE ) First Eagle Alternative Capital BDC , Inc. ( NASDAQ : FCRD ) ( " First Eagle Alternative Capital BDC " or the " Company " ) , a direct lender to middle market companies , today announced financial results for its third fiscal quarter ended September 30 , 2021. Additionally , the Company announced that its Board of Directors ( the " Board " ) has declared a fourth fiscal quarter 2021 dividend of $ 0.10 per share payable on December 31 , 2021 , to stockholders of record as of December 15 , 2021 . HIGHLIGHTS ( $ in millions , except per share amounts ) Portfolio results Total assets Investment portfolio , at fair value Net assets Net asset value per share Weighted average yield on investments Portfolio activity Total portfolio investments made , at par Total portfolio investments made , at cost Number of new portfolio investments Number of portfolio investments at end of period Operating results -- As of September 30 , 2021 ● $ $ $ $ 421.7 402.0 195.8 6.50 6.9 % Quarter Ended September 30 , 2021 $ $ $ $ $ $ $ Quarter ended September 30 , 2020 42.5 $ 41.7 $ 8 68 Total investment income Net investment income Net increase in net assets from operations Net investment income per share Dividends declared per share PORTFOLIO AND INVESTMENT ACTIVITY In the third fiscal quarter , the Company closed on eight new investments totaling $ 34.0 million at par and an additional $ 8.5 million at par in follow - on investments , including delayed draw and revolver fundings . New investments during the third fiscal quarter at par were : • $ 7.0 million first lien senior secured term loan in Hudson's Bay Company ULC ; • $ 5.3 million first lien senior secured term loan in Ingenio , LLC ; • $ 5.2 million first lien senior secured term loan in CC Amulet Management , LLC ; • $ 5.1 million first lien senior secured term loan in Newcleus , LLC ; 8.4 $ 3.3 $ 2.7 $ 0.11 $ 0.10 $ 11.9 11.7 4 47 7.3 3.2 15.2 0.10 0.10 $ 4.3 million first lien senior secured term loan in Super Hero Fire Protection , LLC ; $ 3.1 million first lien senior secured term loan in TMA Buyer , LLC ; • $ 2.4 million first lien senior secured term loan in A & R Logistics Holdings , Inc .; and • $ 1.6 million first lien senior secured term loan in PDFTron Systems Inc. Notable realizations for the quarter included : • Repayment of a first lien senior secured term loan and revolving loan in Women's Health USA , Inc. , which resulted in proceeds of $ 8.6 million , including a prepayment premium ; • Repayment of first lien senior secured term loans , a revolving loan , and delayed draw loans in PDFTron Systems Inc. , which resulted in proceeds of $ 7.5 million , including a prepayment premium ; • Repayment of a first lien senior secured term loan in ABC Legal Services , LLC , which resulted in proceeds of $ 6.7 million ; and • Repayment of a first lien senior secured term loan in Finxera Intermediate , LLC , which resulted in proceeds of $ 6.5 million . As of September 30 , 2021 , these transactions , coupled with changes in net unrealized appreciation in the portfolio during the quarter , bring the total fair value of First Eagle Alternative BDC's investment portfolio to $ 402.0 million across 68 portfolio investments . The Company's investment portfolio by investment type at fair value is presented below ( $ in millions ) :