Main Street Capital Corporation
(Exact name of registrant as specified in its charter)

n/a
(Former name, former address and former fiscal year, if changed since last report)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ý No o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes o No o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act. (Check one):

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o No ý

The number of shares outstanding of the issuer's common stock as of ~~August 7,~~November 6, 2015 was ~~49,989,475.~~50,130,534.


Item 1.	Consolidated Financial Statements
	Consolidated Balance Sheets—~~June~~September 30, 2015 (unaudited) and December 31, 2014	1
	Consolidated Statements of Operations (unaudited)—Three and nine months ended September 30, 2015 and 2014	2
	Consolidated Statements of ~~Operations~~Changes in Net Assets (unaudited)—~~Three and six~~Nine months ended ~~June~~September 30, 2015 and 2014	3
	Consolidated Statements of ~~Changes in Net Assets~~Cash Flows (unaudited)—~~Six~~Nine months ended ~~June~~September 30, 2015 and 2014	4
	Consolidated ~~Statements of Cash Flows (unaudited)—Six months ended June 30, 2015 and 2014~~	5
	~~Consolidated~~ Schedule of Investments (unaudited)—~~June~~September 30, 2015	65
	Consolidated Schedule of Investments—December 31, 2014	3334
	Notes to Consolidated Financial Statements (unaudited)	59
	Consolidated Financial Statement Schedule
	Consolidated Schedule of Investments in and Advances to Affiliates for the ~~Six~~Nine Months Ended ~~June~~September 30, 2015	99101
Item 2.	Management's Discussion and Analysis of Financial Condition and Results of Operations	~~103~~105
Item 3.	Quantitative and Qualitative Disclosures about Market Risk	~~129~~131
Item 4.	Controls and Procedures	~~130~~132


Item 1.	Legal Proceedings	~~131~~133
Item 1A.	Risk Factors	~~131~~133
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	~~131~~133
Item 5.	Other Information	133
Item 6.	Exhibits	~~132~~135
	Signatures	~~133~~136

MAIN STREET CAPITAL CORPORATION

Consolidated Balance Sheets

(in thousands, except shares and per share amounts)

	June 30, 2015			December 31, 2014			September 30, 2015			December 31, 2014

	(Unaudited)						(Unaudited)
ASSETS
Portfolio investments at fair value:
Control investments (cost: $344,675 and $342,847 as of June 30, 2015 and December 31, 2014, respectively)	$	500,035		$	469,846
Affiliate investments (cost: $315,018 and $266,243 as of June 30, 2015 and December 31, 2014, respectively)		327,470			278,675
Non-Control/Non-Affiliate investments (cost: $977,915 and $832,312 as of June 30, 2015 and December 31, 2014, respectively)		962,847			814,809
Control investments (cost: $402,302 and $342,847 as of September 30, 2015 and December 31, 2014, respectively)							$	568,025		$	469,846
Affiliate investments (cost: $312,016 and $266,243 as of September 30, 2015 and December 31, 2014, respectively)								322,497			278,675
Non-Control/Non-Affiliate investments (cost: $1,008,980 and $832,312 as of September 30, 2015 and December 31, 2014, respectively)								976,912			814,809

Total portfolio investments (cost: $1,637,608 and $1,441,402 as of June 30, 2015 and December 31, 2014, respectively)		1,790,352			1,563,330
Marketable securities and idle funds investments (cost: $10,260 and $10,604 as of June 30, 2015 and December 31, 2014, respectively)		8,850			9,067
Total portfolio investments (cost: $1,723,298 and $1,441,402 as of September 30, 2015 and December 31, 2014, respectively)								1,867,434			1,563,330
Marketable securities and idle funds investments (cost: $6,641 and $10,604 as of September 30, 2015 and December 31, 2014, respectively)								4,583			9,067

Total investments (cost: $1,647,868 and $1,452,006 as of June 30, 2015 and December 31, 2014, respectively)		1,799,202			1,572,397
Total investments (cost: $1,729,939 and $1,452,006 as of September 30, 2015 and December 31, 2014, respectively)								1,872,017			1,572,397
Cash and cash equivalents		41,592			60,432			35,295			60,432
Interest receivable and other assets		24,668			23,273			27,031			23,273
Receivable for securities sold		10,827			23,133			8,245			23,133
Deferred financing costs (net of accumulated amortization of $7,725 and $6,462 as of June 30, 2015 and December 31, 2014, respectively)		13,417			14,550
Deferred financing costs (net of accumulated amortization of $8,324 and $6,462 as of September 30, 2015 and December 31, 2014, respectively)								12,779			14,550

Total assets	$	1,889,706		$	1,693,785		$	1,955,367		$	1,693,785



LIABILITIES
Credit facility	$	226,000		$	218,000		$	346,000		$	218,000
SBIC debentures (par: $225,000 as of June 30, 2015 and December 31, 2014, par of $75,200 is recorded at a fair value of $73,753 and $72,981 as of June 30, 2015 and December 31, 2014, respectively)		223,553			222,781
SBIC debentures (par: $225,000 as of September 30, 2015 and December 31, 2014, par of $75,200 is recorded at a fair value of $73,804 and $72,981 as of September 30, 2015 and December 31, 2014, respectively)								223,604			222,781
4.50% Notes		175,000			175,000			175,000			175,000
6.125% Notes		90,810			90,823			90,740			90,823
Payable for securities purchased		58,256			14,773			5,453			14,773
Deferred tax liability, net		3,404			9,214			663			9,214
Dividend payable		8,739			7,663			9,014			7,663
Accounts payable and other liabilities		7,665			10,701			8,917			10,701
Interest payable		5,463			4,848			4,995			4,848

Total liabilities		798,890			753,803			864,386			753,803
Commitments and contingencies (Note M)
NET ASSETS
Common stock, $0.01 par value per share (150,000,000 shares authorized; 49,938,534 and 45,079,150 shares issued and outstanding as of June 30, 2015 and December 31, 2014, respectively)		499			451
Common stock, $0.01 par value per share (150,000,000 shares authorized; 50,079,178 and 45,079,150 shares issued and outstanding as of September 30, 2015 and December 31, 2014, respectively)								500			451
Additional paid-in capital		992,108			853,606			998,123			853,606
Accumulated net investment income, net of cumulative dividends of $356,413 and $293,789 as of June 30, 2015 and December 31, 2014, respectively		11,733			23,665
Accumulated net realized gain from investments (accumulated net realized gain from investments of $32,628 before cumulative dividends of $62,096 as of June 30, 2015 and accumulated net realized gain from investments of $40,321 before cumulative dividends of $60,777 as of December 31, 2014)		(29,468	)		(20,456	)
Accumulated net investment income, net of cumulative dividends of $382,083 and $293,789 as of September 30, 2015 and December 31, 2014, respectively								13,927			23,665
Accumulated net realized gain from investments (accumulated net realized gain from investments of $31,284 before cumulative dividends of $62,945 as of September 30, 2015 and accumulated net realized gain from investments of $40,321 before cumulative dividends of $60,777 as of December 31, 2014)								(31,661	)		(20,456	)
Net unrealized appreciation, net of income taxes		115,944			82,716			110,092			82,716

Total net assets		1,090,816			939,982			1,090,981			939,982

Total liabilities and net assets	$	1,889,706		$	1,693,785		$	1,955,367		$	1,693,785



NET ASSET VALUE PER SHARE	$	21.84		$	20.85		$	21.79		$	20.85

MAIN STREET CAPITAL CORPORATION

Consolidated Statements of Operations

(in thousands, except shares and per share amounts)

(Unaudited)

	Three Months Ended June 30,						Six Months Ended June 30,						Three Months Ended September 30,						Nine Months Ended September 30,

	2015			2014			2015			2014			2015			2014			2015			2014
INVESTMENT INCOME:
Interest, fee and dividend income:
Control investments	$	11,492		$	10,546		$	22,827		$	19,842		$	13,437		$	9,705		$	36,264		$	29,547
Affiliate investments		6,961			6,085			13,010			11,725			6,852			6,687			19,862			18,412
Non-Control/Non-Affiliate investments		22,613			18,016			42,034			33,649			22,090			19,839			64,124			53,488

Interest, fee and dividend income		41,066			34,647			77,871			65,216			42,379			36,231			120,250			101,447
Interest, fee and dividend income from marketable securities and idle funds		242			230			616			437
Interest, fee and dividend income from marketable securities and idle funds investments														229			120			846			557

Total investment income		41,308			34,877			78,487			65,653			42,608			36,351			121,096			102,004
EXPENSES:
Interest		(7,657	)		(5,473	)		(15,453	)		(10,759	)		(8,302	)		(5,954	)		(23,755	)		(16,713	)
Compensation		(3,835	)		(3,717	)		(7,328	)		(6,068	)		(3,727	)		(3,047	)		(11,055	)		(9,115	)
General and administrative		(2,098	)		(1,571	)		(4,060	)		(3,408	)		(2,212	)		(1,871	)		(6,271	)		(5,279	)
Share-based compensation		(1,679	)		(974	)		(2,942	)		(1,826	)		(1,651	)		(1,208	)		(4,592	)		(3,034	)
Expenses charged to the External Investment Manager		1,162			436			1,988			727			1,145			616			3,133			1,343

Total expenses		(14,107	)		(11,299	)		(27,795	)		(21,334	)		(14,747	)		(11,464	)		(42,540	)		(32,798	)

NET INVESTMENT INCOME		27,201			23,578			50,692			44,319			27,861			24,887			78,556			69,206
NET REALIZED GAIN (LOSS):
Control investments		3,324			—			3,324			—			—			—			3,324			—
Affiliate investments		(136	)		(6,578	)		(137	)		(6,578	)		5,964			14,737			5,827			8,159
Non-Control/Non-Affiliate investments		(8,633	)		239			(10,640	)		1,672			(6,195	)		962			(16,836	)		2,634
Marketable securities and idle funds investments		(128	)		(25	)		(240	)		(15	)		(1,112	)		11			(1,352	)		(4	)

Total net realized loss		(5,573	)		(6,364	)		(7,693	)		(4,921	)
Total net realized gain (loss)														(1,343	)		15,710			(9,037	)		10,789

NET CHANGE IN UNREALIZED APPRECIATION (DEPRECIATION):
Portfolio investments		15,901			17,053			30,105			23,910			(8,389	)		(6,891	)		21,716			17,018
Marketable securities and idle funds investments		(123	)		298			127			1,346			(648	)		(426	)		(521	)		920
SBIC debentures		(80	)		(840	)		(772	)		(2,029	)		(50	)		(8,749	)		(823	)		(10,778	)

Total net change in unrealized appreciation		15,698			16,511			29,460			23,227
Total net change in unrealized appreciation (depreciation)														(9,087	)		(16,066	)		20,372			7,160

INCOME TAXES:
Federal and state income, excise and other taxes		(1,665	)		(132	)		(2,042	)		(799	)		495			(960	)		(1,547	)		(1,758	)
Deferred taxes		5,141			(3,643	)		5,810			(4,641	)		2,742			(2,002	)		8,551			(6,643	)

Income tax benefit (provision)		3,476			(3,775	)		3,768			(5,440	)		3,237			(2,962	)		7,004			(8,401	)

NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS	$	40,802		$	29,950		$	76,227		$	57,185		$	20,668		$	21,569		$	96,895		$	78,754



NET INVESTMENT INCOME PER SHARE—BASIC AND DILUTED	$	0.55		$	0.53		$	1.06		$	1.05		$	0.56		$	0.55		$	1.61		$	1.61



NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS PER SHARE—BASIC AND DILUTED	$	0.82		$	0.68		$	1.59		$	1.36		$	0.41		$	0.48		$	1.99		$	1.83



DIVIDENDS PAID PER SHARE:
Regular monthly dividends	$	0.525		$	0.495		$	1.035		$	0.990		$	0.525		$	0.495		$	1.560		$	1.485
Supplemental dividends		0.275			0.275			0.275			0.275			—			—			0.275			0.275

Total dividends	$	0.800		$	0.770		$	1.310		$	1.265		$	0.525		$	0.495		$	1.835		$	1.760



WEIGHTED AVERAGE SHARES OUTSTANDING—BASIC AND DILUTED		49,883,321			44,216,906			47,992,268			42,069,669			50,036,776			44,910,756			48,681,260			43,027,105

MAIN STREET CAPITAL CORPORATION

Consolidated Statements of Changes in Net Assets

(in thousands, except shares)

(Unaudited)

MAIN STREET CAPITAL CORPORATION

Consolidated Statements of Cash Flows

(in thousands)

(Unaudited)

MAIN STREET CAPITAL CORPORATION

Consolidated Schedule Of Investments

~~June~~September 30, 2015

(in thousands)

(Unaudited)

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Control Investments(5)

Access Media Holdings, LLC(10)						Private Cable Operator
							5.00% Current / 5.00% PIK Secured Debt (Maturity—October 22, 2018)	21,284	21,284	18,784
							Preferred Member Units (12% cumulative)		3,201	3,201
							Member Units (3,307,545 units)		1	—

									24,486	21,985

ASC Interests, LLC	Recreational and Educational Shooting Facility					Recreational and Educational Shooting Facility
		11% Secured Debt (Maturity—July 31, 2018)	2,750	2,712	2,750		11% Secured Debt (Maturity—July 31, 2018)	2,750	2,715	2,750
		Member Units (1,500 units)(8)		1,500	2,230		Member Units (1,500 units)(8)		1,500	2,230

				4,212	4,980				4,215	4,980

Bond-Coat, Inc.	Casing and Tubing Coating Services					Casing and Tubing Coating Services
		12% Secured Debt (Maturity—December 28, 2017)	11,596	11,505	11,596		12% Secured Debt (Maturity—December 28, 2017)	11,596	11,513	11,596
		Common Stock (57,508 shares)		6,350	10,210		Common Stock (57,508 shares)		6,350	10,210

				17,855	21,806				17,863	21,806

Café Brazil, LLC	Casual Restaurant Group					Casual Restaurant Group
		Member Units (1,233 units)(8)		1,742	6,980		Member Units (1,233 units)(8)		1,742	7,330

CBT Nuggets, LLC	Produces and Sells IT Training Certification Videos					Produces and Sells IT Training Certification Videos
		Member Units (416 units)(8)		1,300	34,800		Member Units (416 units)(8)		1,300	38,890

Ceres Management, LLC (Lambs Tire & Automotive)	Aftermarket Automotive Services Chain					Aftermarket Automotive Services Chain
		14% Secured Debt (Maturity—May 31, 2018)	3,738	3,738	3,738		14% Secured Debt (Maturity—May 31, 2018)	8,070	8,070	8,070
		Class B Member Units (12% cumulative)(8)		4,298	4,298		Member Units (5,460 units)		5,273	4,420
		Member Units (5,460 units)		5,273	3,160		9.5% Secured Debt (Lamb's Real Estate Investment I, LLC) (Maturity—October 1, 2025)	931	931	931
		9.5% Secured Debt (Lamb's Real Estate Investment I, LLC) (Maturity—October 1, 2025)	943	943	943		Member Units (Lamb's Real Estate Investment I, LLC) (1,000 units)(8)		625	1,240
		Member Units (Lamb's Real Estate Investment I, LLC) (1,000 units)(8)		625	1,240

				14,877	13,379				14,899	14,661

CMS Minerals LLC	Oil & Gas Exploration & Production					Oil & Gas Exploration & Production
		Preferred Member Units (458 units)(8)		3,441	3,441		Preferred Member Units (458 units)(8)		3,246	7,193

Datacom, LLC	Technology and Telecommunications Provider
		8% Secured Debt (Maturity—May 30, 2016)	675	675	675
		10.5% Secured Debt (Maturity—May 31, 2019)	11,205	11,112	11,112
		Preferred Member Units (6,453 units)		6,030	5,570

				17,817	17,357

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Datacom, LLC						Technology and Telecommunications Provider
							10.5% Secured Debt (Maturity—May 31, 2019)	11,205	11,117	11,117
							Class A Preferred Member Units (13,154 units)(8)		1,137	1,137
							Class B Preferred Member Units (6,453 units)		6,030	5,570

									18,284	17,824

Garreco, LLC	Manufacturer and Supplier of Dental Products					Manufacturer and Supplier of Dental Products
		14% Secured Debt (Maturity—January 12, 2018)	5,800	5,727	5,727		14% Secured Debt (Maturity—January 12, 2018)	5,800	5,733	5,733
		Member Units (1,200 units)(8)		1,200	1,470		Member Units (1,200 units)(8)		1,200	1,470

				6,927	7,197				6,933	7,203

GRT Rubber Technologies LLC	Manufacturer of Engineered Rubber Products					Manufacturer of Engineered Rubber Products
		LIBOR Plus 9.00% (Floor 1.00%), Current Coupon 10.00%, Secured Debt (Maturity—December 19, 2019)(9)	16,541	16,390	16,390		LIBOR Plus 9.00% (Floor 1.00%), Current Coupon 10.00%, Secured Debt (Maturity—December 19, 2019)(9)	16,331	16,189	16,189
		Member Units (5,879 units)(8)		13,065	13,065		Member Units (5,879 units)(8)		13,065	13,065

				29,455	29,455				29,254	29,254

Gulf Manufacturing, LLC	Manufacturer of Specialty Fabricated Industrial Piping Products					Manufacturer of Specialty Fabricated Industrial Piping Products
		9% PIK Secured Debt (Ashland Capital IX, LLC) (Maturity—June 30, 2017)	783	783	783		9% PIK Secured Debt (Ashland Capital IX, LLC) (Maturity—June 30, 2017)	777	777	777
		Member Units (438 units)(8)		2,980	16,540		Member Units (438 units)(8)		2,980	15,130

				3,763	17,323				3,757	15,907

Harrison Hydra-Gen, Ltd.	Manufacturer of Hydraulic Generators					Manufacturer of Hydraulic Generators
		12% Secured Debt (Maturity—September 4, 2015)	5,010	5,010	5,010		12% Secured Debt (Maturity—December 4, 2015)	5,010	5,010	5,010
		Preferred Stock (8% cumulative)(8)		1,311	1,311		Preferred Stock (8% cumulative)(8)		1,336	1,336
		Common Stock (107,456 shares)		718	2,130		Common Stock (107,456 shares)		718	2,300

				7,039	8,451				7,064	8,646

Hawthorne Customs and Dispatch Services, LLC	Facilitator of Import Logistics, Brokerage, and Warehousing					Facilitator of Import Logistics, Brokerage, and Warehousing
		Member Units (500 units)(8)		589	580		Member Units (500 units)(8)		589	580
		Member Units (Wallisville Real Estate, LLC) (588,210 units)(8)		1,215	2,220		Member Units (Wallisville Real Estate, LLC) (588,210 units)(8)		1,215	2,220

				1,804	2,800				1,804	2,800

Hydratec, Inc.	Designer and Installer of Micro-Irrigation Systems
		Common Stock (7,095 shares)(8)		7,095	14,310

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)	Principal(4)


HW Temps LLC						Temporary Staffing Solutions
							LIBOR Plus 9.50% (Floor 1.00%), Current Coupon 10.50%, Secured Debt (Maturity July 2, 2020)(9)		9,976	9,880	9,880
							Preferred Member Units (3,200 units)(8)			3,942	3,942

										13,822	13,822

Hydratec, Inc.						Designer and Installer of Micro-Irrigation Systems
							Common Stock (7,095 shares)(8)			7,095	14,950

IDX Broker, LLC	Provider of Marketing and CRM Tools for the Real Estate Industry					Provider of Marketing and CRM Tools for the Real Estate Industry
		LIBOR Plus 6.50% (Floor 1.50%), Current Coupon 8.00%, Secured Debt (Maturity—November 18, 2018)(9)	100	100	100		LIBOR Plus 6.50% (Floor 1.50%), Current Coupon 8.00%, Secured Debt (Maturity—November 15, 2018)(9)	��	25	25	25
		12.5% Secured Debt (Maturity—November 18, 2018)	11,350	11,272	11,350		12.5% Secured Debt (Maturity—November 15, 2018)		11,350	11,276	11,350
		Member Units (5,400 units)		5,606	6,440		Member Units (5,400 units)			5,606	6,440

				16,978	17,890					16,907	17,815

Impact Telecom, Inc.	Telecommunications Services Provider					Telecommunications Services Provider
		LIBOR Plus 6.50% (Floor 2.00%), Current Coupon 8.50%, Secured Debt (Maturity—May 31, 2018)(9)	1,575	1,570	1,570		LIBOR Plus 6.50% (Floor 2.00%), Current Coupon 8.50%, Secured Debt (Maturity—May 31, 2018)(9)		1,575	1,570	1,570
		13% Secured Debt (Maturity—May 31, 2018)	22,500	15,893	15,893		13% Secured Debt (Maturity—May 31, 2018)		22,500	15,893	15,893
		Warrants (5,516,667 equivalent shares)		8,000	4,160		Warrants (5,516,667 equivalent shares)			8,000	4,160

				25,463	21,623					25,463	21,623

Indianapolis Aviation Partners, LLC	Fixed Base Operator					Fixed Base Operator
		15% Secured Debt (Maturity—January 15, 2016)	3,100	3,065	3,100		15% Secured Debt (Maturity—January 15, 2016)		3,100	3,079	3,100
		Warrants (1,046 equivalent units)		1,129	2,540		Warrants (1,046 equivalent units)			1,129	2,540

				4,194	5,640					4,208	5,640

Jensen Jewelers of Idaho, LLC	Retail Jewelry Store					Retail Jewelry Store
		Prime Plus 6.75% (Floor 2.00%), Current Coupon 10.00%, Secured Debt (Maturity—November 14, 2016)(9)	4,355	4,311	4,355		Prime Plus 6.75% (Floor 2.00%), Current Coupon 10.00%, Secured Debt (Maturity—November 14, 2016)(9)		4,205	4,169	4,205
		Member Units (627 units)(8)		811	4,600		Member Units (627 units)(8)			811	4,750

				5,122	8,955					4,980	8,955

Lighting Unlimited, LLC	Commercial and Residential Lighting Products and Design Services
		8% Secured Debt (Maturity—August 22, 2015)	1,514	1,514	1,514
		Preferred Equity (non-voting)		434	434
		Warrants (71 equivalent units)		54	40
		Member Units (700 units)(8)		100	420

				2,102	2,408

Marine Shelters Holdings, LLC (LoneStar Marine Shelters)	Fabricator of Marine and Industrial Shelters
		6% Current / 6% PIK Secured Debt (Maturity—December 28, 2017)	8,648	8,548	8,548
		Preferred Member Units (3,810 units)		5,352	5,352

				13,900	13,900

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Lighting Unlimited, LLC						Commercial and Residential Lighting Products and Design Services
							8% Secured Debt (Maturity—August 22, 2016)	1,514	1,514	1,514
							Preferred Equity (non-voting)		434	434
							Warrants (71 equivalent units)		54	40
							Member Units (700 units)(8)		100	420

									2,102	2,408

Marine Shelters Holdings, LLC (LoneStar Marine Shelters)						Fabricator of Marine and Industrial Shelters
							6% Current / 6% PIK Secured Debt (Maturity—December 28, 2017)	8,781	8,688	8,688
							Preferred Member Units (3,810 units)		5,352	5,352

									14,040	14,040

Mid-Columbia Lumber Products, LLC	Manufacturer of Finger-Jointed Lumber Products					Manufacturer of Finger-Jointed Lumber Products
		10% Secured Debt (Maturity—December 18, 2017)	1,750	1,750	1,750		10% Secured Debt (Maturity—December 18, 2017)	1,750	1,750	1,750
		12% Secured Debt (Maturity—December 18, 2017)	3,900	3,900	3,900		12% Secured Debt (Maturity—December 18, 2017)	3,900	3,900	3,900
		Member Units (2,829 units)(8)		1,244	7,390		Member Units (2,829 units)(8)		1,244	3,980
							9.5% Secured Debt (Mid-Columbia Real Estate, LLC) (Maturity—May 13, 2025)	893	893	893
							Member Units (Mid—Columbia Real Estate, LLC) (250 units)(8)		250	550

									8,037	11,073

MH Corbin Holding LLC						Manufacturer and distributor of traffic safety products
		9.5% Secured Debt (Mid—Columbia Real Estate, LLC) (Maturity—May 13, 2025)	904	904	904		10% Secured Debt (Maturity—August 31, 2020)	14,000	13,864	13,864
		Member Units (Mid—Columbia Real Estate, LLC) (250 units)(8)		250	550		Preferred Member Units (4,000 shares)		6,000	6,000

				8,048	14,494				19,864	19,864

MSC Adviser I, LLC(16)	Third Party Investment Advisory Services					Third Party Investment Advisory Services
		Member Units (Fully diluted 100.0%)(8)		—	29,930		Member Units (Fully diluted 100.0%)(8)		—	32,305

Mystic Logistics, Inc	Logistics and Distribution Services Provider for Large Volume Mailers					Logistics and Distribution Services Provider for Large Volume Mailers
		12% Secured Debt (Maturity—August 15, 2019)	10,000	9,808	10,000		12% Secured Debt (Maturity—August 15, 2019)	9,448	9,273	9,448
		Common Stock (5,873 shares)(8)		2,720	6,580		Common Stock (5,873 shares)(8)		2,720	6,580

				12,528	16,580				11,993	16,028

NAPCO Precast, LLC	Precast Concrete Manufacturing
		Prime Plus 2.00% (Floor 7.00%), Current Coupon 9.00%, Secured Debt (Maturity—September 1, 2015)(9)	625	623	625
		Prime Plus 2.00% (Floor 7.00%), Current Coupon 9.00%, Secured Debt (Maturity—February 1, 2016)(9)	2,923	2,919	2,923
		18% Secured Debt (Maturity—February 1, 2016)	4,468	4,453	4,468
		Member Units (2,955 units)(8)		2,975	8,440

				10,970	16,456

NRI Clinical Research, LLC	Clinical Research Service Provider
		14% Secured Debt (Maturity—September 8, 2017)	4,740	4,640	4,640
		Warrants (251,723 equivalent units)		252	160
		Member Units (1,454,167 units)		765	816

				5,657	5,616

NRP Jones, LLC	Manufacturer of Hoses, Fittings and Assemblies
		12% Secured Debt (Maturity—December 22, 2016)	13,224	12,823	12,823
		Warrants (14,331 equivalent units)		817	740
		Member Units (50,877 units)(8)		2,900	2,480

				16,540	16,043

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


NAPCO Precast, LLC						Precast Concrete Manufacturing
							Prime Plus 2.00% (Floor 7.00%), Current Coupon 9.00%, Secured Debt (Maturity—January 31, 2016)(9)	625	625	625
							Prime Plus 2.00% (Floor 7.00%), Current Coupon 9.00%, Secured Debt (Maturity—February 1, 2016)(9)	2,923	2,921	2,923
							18% Secured Debt (Maturity—February 1, 2016)	4,468	4,460	4,468
							Member Units (2,955 units)(8)		2,975	8,590

									10,981	16,606

NRI Clinical Research, LLC						Clinical Research Service Provider
							14% Secured Debt (Maturity—September 8, 2017)	4,740	4,650	4,650
							Warrants (251,723 equivalent units)		252	190
							Member Units (1,454,167 units)		765	1,052

									5,667	5,892

NRP Jones, LLC						Manufacturer of Hoses, Fittings and Assemblies
							12% Secured Debt (Maturity—December 22, 2016)	13,224	12,885	12,885
							Warrants (14,331 equivalent units)		817	450
							Member Units (50,877 units)(8)		2,900	1,480

									16,602	14,815

OMi Holdings, Inc.	Manufacturer of Overhead Cranes					Manufacturer of Overhead Cranes
		Common Stock (1,500 shares)(8)		1,080	13,420		Common Stock (1,500 shares)(8)		1,080	13,420

Pegasus Research Group, LLC (Televerde)	Provider of Telemarketing and Data Services					Provider of Telemarketing and Data Services
		Member Units (460 units)(8)		1,290	6,490		Member Units (460 units)(8)		1,290	6,490

PPL RVs, Inc.	Recreational Vehicle Dealer					Recreational Vehicle Dealer
		11.1% Secured Debt (Maturity—January 1, 2016)	9,960	9,960	9,960		11.1% Secured Debt (Maturity—January 1, 2016)	9,710	9,710	9,710
		Common Stock (1,962 shares)		2,150	8,430		Common Stock (1,962 shares)		2,150	8,710

				12,110	18,390				11,860	18,420

Principle Environmental, LLC	Noise Abatement Service Provider					Noise Abatement Service Provider
		12% Secured Debt (Maturity—April 30, 2017)	4,060	3,921	4,060		12% Secured Debt (Maturity—April 30, 2017)	4,060	3,979	4,060
		12% Current / 2% PIK Secured Debt (Maturity—April 30, 2017)	3,277	3,267	3,277		12% Current / 2% PIK Secured Debt (Maturity—April 30, 2017)	3,294	3,288	3,294
		Preferred Member Units (19,631 units)(8)		4,663	9,560		Preferred Member Units (19,631 units)(8)		4,663	9,560
		Warrants (1,036 equivalent units)		1,200	530		Warrants (1,036 equivalent units)		1,200	530

				13,051	17,427				13,130	17,444

Quality Lease Service, LLC	Provider of Rigsite Accommodation Unit Rentals and Related Services
		8% PIK Secured Debt (Maturity—June 8, 2020)	6,250	6,250	6,250
		Member Units (1,000 units)		430	2,500

				6,680	8,750

River Aggregates, LLC	Processor of Construction Aggregates
		Zero Coupon Secured Debt (Maturity—June 30, 2018)	750	524	524
		Member Units (1,150 units)(8)		1,150	3,760
		Member Units (RA Properties, LLC) (1,500 units)		369	2,300

				2,043	6,584

SoftTouch Medical Holdings LLC	Home Provider of Pediatric Durable Medical Equipment
		LIBOR Plus 9.00% (Floor 1.00%), Current Coupon 10.00%, Secured Debt (Maturity—October 31, 2019)(9)	8,330	8,256	8,256
		Member Units (4,450 units)(8)		4,930	4,930

				13,186	13,186

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Quality Lease Service, LLC						Provider of Rigsite Accommodation Unit Rentals and Related Services
							8% PIK Secured Debt (Maturity—June 8, 2020)	6,410	6,410	6,410
							Member Units (1,000 units)		568	2,638

									6,978	9,048

River Aggregates, LLC						Processor of Construction Aggregates
							Zero Coupon Secured Debt (Maturity—June 30, 2018)	750	540	540
							Member Units (1,150 units)(8)		1,150	3,830
							Member Units (RA Properties, LLC) (1,500 units)		369	2,360

									2,059	6,730

SoftTouch Medical Holdings LLC						Home Provider of Pediatric Durable Medical Equipment
							LIBOR Plus 9.00% (Floor 1.00%), Current Coupon 10.00%, Secured Debt (Maturity—October 31, 2019)(9)	8,245	8,175	8,175
							Member Units (4,450 units)(8)		4,930	5,340

									13,105	13,515

Southern RV, LLC	Recreational Vehicle Dealer					Recreational Vehicle Dealer
		13% Secured Debt (Maturity—August 8, 2018)	11,400	11,280	11,400		13% Secured Debt (Maturity—August 8, 2018)	11,400	11,288	11,400
		Member Units (1,680 units)(8)		1,680	6,670		Member Units (1,680 units)(8)		1,680	11,600
		13% Secured Debt (Southern RV Real Estate, LLC) (Maturity—August 8, 2018)	3,250	3,216	3,250		13% Secured Debt (Southern RV Real Estate, LLC) (Maturity—August 8, 2018)	3,250	3,218	3,250
		Member Units (Southern RV Real Estate, LLC) (480 units)		480	540		Member Units (Southern RV Real Estate, LLC) (480 units)		480	540

				16,656	21,860				16,666	26,790

The MPI Group, LLC	Manufacturer of Custom Hollow Metal Doors, Frames and Accessories					Manufacturer of Custom Hollow Metal Doors, Frames and Accessories
		9% Secured Debt (Maturity—October 2, 2018)	2,924	2,920	2,920		9% Secured Debt (Maturity—October 2, 2018)	2,924	2,921	2,920
		Series A Preferred Units (2,500 units; 10% Cumulative)		2,500	980		Series A Preferred Units (2,500 units; 10% Cumulative)		2,500	980
		Warrants (1,424 equivalent units)		1,096	—		Warrants (1,424 equivalent units)		1,096	—
		Member Units (MPI Real Estate Holdings, LLC) (100% Fully diluted)(8)		2,300	2,230		Member Units (MPI Real Estate Holdings, LLC) (100% Fully diluted)(8)		2,300	2,230

				8,816	6,130				8,817	6,130

Travis Acquisition LLC	Manufacturer of Aluminum Trailers
		12% Secured Debt (Maturity—August 30, 2018)	3,743	3,691	3,744
		Member Units (7,282 units)		7,100	14,110

				10,791	17,854

Uvalco Supply, LLC	Farm and Ranch Supply Store
		9% Secured Debt (Maturity—January 1, 2019)	1,520	1,520	1,520
		Member Units (1,006 units)(8)		1,113	3,350

				2,633	4,870

Vision Interests, Inc.	Manufacturer / Installer of Commercial Signage
		13% Secured Debt (Maturity—December 23, 2016)	3,154	3,128	3,128
		Series A Preferred Stock (3,000,000 shares)		3,000	3,550
		Common Stock (1,126,242 shares)		3,706	210

				9,834	6,888

Ziegler's NYPD, LLC	Casual Restaurant Group
		6.5% Secured Debt (Maturity—October 1, 2019)	1,000	992	992
		12% Secured Debt (Maturity—October 1, 2019)	500	500	500
		14% Secured Debt (Maturity—October 1, 2019)	2,750	2,750	2,750
		Warrants (587 equivalent units)		600	—
		Member units (10,072 units)		2,834	2,130

				7,676	6,372

Subtotal Control Investments (27.8% of total investments at fair value)				344,675	500,035

Portfolio Company(1)
Business Description
Type of Investment(2)(3)
Principal(4)
Cost(4)
Fair Value

Affiliate Investments(6)

AFG Capital Group, LLC

Provider of Rent-to-Own Financing Solutions and Services

11% Secured Debt (Maturity—November 7, 2019)
12,160 11,787 11,787

Warrants (42 equivalent units)
259 259

Member Units (186 units)
1,200 1,200

13,246 13,246

Boss Industries, LLC

Manufacturer and Distributor of Air Compressors, Auxiliary Power Units, Gas Booster Systems and Vapor Recovery Systems

Preferred Member Units (2,242 units)(8)
2,000 2,340

Bridge Capital Solutions Corporation

Financial Services and Cash Flow Solutions Provider

13% Secured Debt (Maturity—April 18, 2017)
7,000 6,854 6,854

Warrants (22 equivalent shares)
200 1,020

7,054 7,874

Buca C, LLC

Restaurants

LIBOR Plus 7.25% (Floor 1.00%), Current Coupon 8.25%, Secured Debt (Maturity—June 30, 2020)(9)
25,200 24,951 24,951

Preferred Member Units (6 units)(8)
3,600 3,600

28,551 28,551

CAI Software LLC

Provider of Specialized Enterprise Resource Planning Software

12% Secured Debt (Maturity—October 10, 2019)
5,400 5,352 5,352

Member Units (65,356 units)(8)
654 840

6,006 6,192

Condit Exhibits, LLC

Tradeshow Exhibits / Custom Displays Provider

Member Units (3,936 units)(8)
100 770

Congruent Credit Opportunities Funds(12)(13)

Investment Partnership

LP Interests (Congruent Credit Opportunities Fund II, LP) (Fully diluted 19.8%)(8)
15,743 14,559

LP Interests (Congruent Credit Opportunities Fund III, LP) (Fully diluted 17.4%)
9,450 9,450

25,193 24,009

Portfolio Company(1)	Business Description	Type of Investment(2)(3)


Travis Acquisition LLC	Manufacturer of Aluminum Trailers
		12% Secured Debt (Maturity—August 30, 2018)	3,628	3,581	3,628
		Member Units (7,282 units)		7,100	14,110

				10,681	17,738

Uvalco Supply, LLC	Farm and Ranch Supply Store
		9% Secured Debt (Maturity—January 1, 2019)	1,418	1,418	1,418
		Member Units (1,006 units)(8)		1,113	3,210

				2,531	4,628

Vision Interests, Inc.	Manufacturer / Installer of Commercial Signage
		13% Secured Debt (Maturity—December 23, 2016)	3,138	3,115	3,115
		Series A Preferred Stock (3,000,000 shares)		3,000	3,550
		Common Stock (1,126,242 shares)		3,706	210

				9,821	6,875

Ziegler's NYPD, LLC	Casual Restaurant Group
		6.5% Secured Debt (Maturity—October 1, 2019)	1,000	992	992
		12% Secured Debt (Maturity—October 1, 2019)	500	500	500
		14% Secured Debt (Maturity—October 1, 2019)	2,750	2,750	2,750
		Warrants (587 equivalent units)		600	—
		Preferred Member Units (10,072 units)		2,834	2,240

				7,676	6,482

Subtotal Control Investments (30.3% of total investments at fair value)				402,302	568,025

Portfolio Company(1)
Business Description
Type of Investment(2)(3)
Principal(4)
Cost(4)
Fair Value

Daseke, Inc.

Specialty Transportation Provider

12% Current / 2.5% PIK Secured Debt (Maturity—July 31, 2018)
20,984 20,697 20,984

Common Stock (19,467 shares)
5,213 22,660

25,910 43,644

Dos Rios Partners(12)(13)

Investment Partnership

LP Interests (Dos Rios Partners, LP) (Fully diluted 20.2%)(8)
2,325 1,312

LP Interests (Dos Rios Partners—A, LP) (Fully diluted 6.4%)(8)
738 417

3,063 1,729

East Teak Fine Hardwoods, Inc.

Distributor of Hardwood Products

Common Stock (5,000 shares)(8)
480 860

East West Copolymer & Rubber, LLC

Manufacturer of Synthetic Rubbers

12% Secured Debt (Maturity—October 17, 2019)
9,600 9,449 9,449

Warrants (1,823,278 equivalent units)
50 50

9,499 9,499

Freeport Financial SBIC Fund LP(12)(13)

Investment Partnership

LP Interests (Fully diluted 9.9%)(8)
5,140 5,140

Gault Financial, LLC (RMB Capital, LLC)

Purchases and Manages Liquidation of Distressed Assets

10% Secured Debt (Maturity—November 21, 2016)
13,046 12,820 10,854

Warrants (29,025 equivalent units)
400 —

13,220 10,854

Glowpoint, Inc.

Provider of Cloud Managed Video Collaboration Services

8% Secured Debt (Maturity—October 18, 2018)
100 102 102

12% Secured Debt (Maturity—October 18, 2018)
9,000 8,919 8,919

Common Stock (7,711,517 shares)
3,958 6,120

12,979 15,141

Guerdon Modular Holdings, Inc.

Multi-Family and Commercial Modular Construction Company

11% Secured Debt (Maturity—August 13, 2019)
10,400 10,267 10,267

Common Stock (170,577 shares)
2,983 2,983

13,250 13,250

Portfolio Company(1)	Business Description	Type of Investment(2)(3)


Affiliate Investments(6)

AFG Capital Group, LLC	Provider of Rent-to-Own Financing Solutions and Services
		11% Secured Debt (Maturity—November 7, 2019)	12,560	12,199	12,199
		Warrants (42 equivalent units)		259	410
		Member Units (186 units)		1,200	1,700

				13,658	14,309

Boss Industries, LLC	Manufacturer and Distributor of Air, Power and Other Industrial Equipment
		Preferred Member Units (2,242 units)(8)		2,203	2,543

Bridge Capital Solutions Corporation	Financial Services and Cash Flow Solutions Provider
		13% Secured Debt (Maturity—April 18, 2017)	7,000	6,872	6,872
		Warrants (22 equivalent shares)		200	1,020
						��
				7,072	7,892

Buca C, LLC	Restaurants
		LIBOR Plus 7.25% (Floor 1.00%), Current Coupon 8.25%, Secured Debt (Maturity—June 30, 2020)(9)	25,530	25,288	25,288
		Preferred Member Units (6 units)(8)		3,656	3,656

				28,944	28,944

CAI Software LLC	Provider of Specialized Enterprise Resource Planning Software
		12% Secured Debt (Maturity—October 10, 2019)	4,973	4,930	4,930
		Member Units (65,356 units)		654	840

				5,584	5,770

Condit Exhibits, LLC	Tradeshow Exhibits / Custom Displays Provider
		Member Units (3,936 units)(8)		100	770

Congruent Credit Opportunities Funds(12)(13)	Investment Partnership
		LP Interests (Congruent Credit Opportunities Fund II, LP) (Fully diluted 19.8%)(8)		7,644	4,228
		LP Interests (Congruent Credit Opportunities Fund III, LP) (Fully diluted 17.4%)		12,099	12,222

				19,743	16,450

Portfolio Company(1)
Business Description
Type of Investment(2)(3)
Principal(4)
Cost(4)
Fair Value

Houston Plating and Coatings, LLC

Provider of Plating and Industrial Coating Services

Member Units (248,082 units)(8)
996 11,470

Indianhead Pipeline Services, LLC

Provider of Pipeline Support Services

12% Secured Debt (Maturity—February 6, 2017)
6,450 6,239 6,239

Preferred Member Units (33,819 units; 8% cumulative)(8)
2,157 2,157

Warrants (31,928 equivalent units)
459 —

Member Units (14,732 units)
1 —

8,856 8,396

irth Solutions, LLC

Provider of Damage Prevention Information Technology Services

Member Units (128 units)(8)
624 6,300

KBK Industries, LLC

Manufacturer of Specialty Oilfield and Industrial Products

12.5% Secured Debt (Maturity—September 28, 2017)
6,250 6,217 6,250

Member Units (250 units)(8)
341 4,570

6,558 10,820

L.F. Manufacturing Holdings, LLC(10)

Manufacturer of Fiberglass Products

Member Units (2,000,000 units)(8)
2,019 1,855

MPS Denver, LLC

Specialty Card Printing

Member Units (13,800 units)
1,130 1,130

OnAsset Intelligence, Inc.

Provider of Transportation Monitoring / Tracking Products and Services

12% PIK Secured Debt (Maturity—December 31, 2015)
3,772 3,772 3,772

Preferred Stock (912 shares; 7% cumulative)(8)
1,981 1,380

Warrants (5,333 equivalent shares)
1,919 —

7,672 5,152

OPI International Ltd.(13)

Provider of Man Camp and Industrial Storage Services

10% Unsecured Debt (Maturity—April 8, 2018)
244 244 244

Common Stock (20,766,317 shares)
1,371 3,200

1,615 3,444

PCI Holding Company, Inc.

Manufacturer of Industrial Gas Generating Systems

Preferred Stock (1,500,000 shares; 20% cumulative)(8)
2,496 5,092

Portfolio Company(1)	Business Description	Type of Investment(2)(3)


Daseke, Inc.	Specialty Transportation Provider
		12% Current / 2.5% PIK Secured Debt (Maturity—July 31, 2018)	21,118	20,849	21,118
		Common Stock (19,467 shares)		5,213	22,660

				26,062	43,778

Dos Rios Partners(12)(13)	Investment Partnership
		LP Interests (Dos Rios Partners, LP) (Fully diluted 20.2%)(8)		3,104	2,031
		LP Interests (Dos Rios Partners—A, LP) (Fully diluted 6.4%)(8)		986	648

				4,090	2,679

East Teak Fine Hardwoods, Inc.	Distributor of Hardwood Products
		Common Stock (5,000 shares)		480	860

East West Copolymer & Rubber, LLC	Manufacturer of Synthetic Rubbers
		12% Secured Debt (Maturity—October 17, 2019)	9,600	9,456	9,456
		Warrants (2,014,799 equivalent units)		50	50

				9,506	9,506

Freeport Financial Funds(12)(13)	Investment Partnership
		LP Interests (Freeport Financial SBIC Fund LP) (Fully diluted 9.9%)(8)		5,974	5,974
		LP Interests (Freeport First Lien Loan Fund III LP) (Fully diluted 6.4%)		759	759

				6,733	6,733

Gault Financial, LLC (RMB Capital, LLC)	Purchases and Manages Liquidation of Distressed Assets
		10% Secured Debt (Maturity—November 21, 2016)	13,046	12,858	10,891
		Warrants (29,025 equivalent units)		400	—

				13,258	10,891

Glowpoint, Inc.	Provider of Cloud Managed Video Collaboration Services
		8% Secured Debt (Maturity—October 18, 2018)	21	18	18
		12% Secured Debt (Maturity—October 18, 2018)	9,000	8,924	8,924
		Common Stock (7,711,517 shares)		3,958	4,460

				12,900	13,402

Guerdon Modular Holdings, Inc.	Multi-Family and Commercial Modular Construction Company
		11% Secured Debt (Maturity—August 13, 2019)	10,400	10,273	10,273
		Common Stock (170,577 shares)		2,983	2,590

				13,256	12,863

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Radial Drilling Services Inc.	Oil and Gas Lateral Drilling Technology Provider
Houston Plating and Coatings, LLC						Provider of Plating and Industrial Coating Services
							Member Units (248,082 units)(8)		996	10,820

Indianhead Pipeline Services, LLC						Provider of Pipeline Support Services
							12% Secured Debt (Maturity—February 6, 2017)	6,225	6,046	6,046
							Preferred Member Units (33,819 units; 8% cumulative)		2,302	2,302
		12% Secured Debt (Maturity—November 22, 2016)	4,200	3,886	2,918		Warrants (31,928 equivalent units)		459	—
		Warrants (316 equivalent shares)		758	—		Member Units (14,732 units)		1	—

				4,644	2,918				8,808	8,348

Rocaceia, LLC (Quality Lease and Rental Holdings, LLC)	Provider of Rigsite Accommodation Unit Rentals and Related Services
KBK Industries, LLC						Manufacturer of Specialty Oilfield and Industrial Products
		12% Secured Debt (Maturity—January 8, 2018)(14)(18)	30,785	30,281	250		12.5% Secured Debt (Maturity—September 28, 2017)	6,200	6,170	6,200
		Preferred Member Units (250 units)		2,500	—		Member Units (250 units)(8)		341	4,090

				32,781	250				6,511	10,290

Samba Holdings, Inc.	Provider of Intelligent Driver Record Monitoring Software and Services
L.F. Manufacturing Holdings, LLC(10)						Manufacturer of Fiberglass Products
							Member Units (2,000,000 units)(8)		2,019	1,790

MPS Denver, LLC						Specialty Card Printing
							Member Units (13,800 units)		1,130	1,130

OnAsset Intelligence, Inc.						Provider of Transportation Monitoring / Tracking Products and Services
							12% PIK Secured Debt (Maturity—December 31, 2015)	3,887	3,887	3,887
		12.5% Secured Debt (Maturity—November 17, 2016)	26,304	26,129	26,304		Preferred Stock (912 shares; 7% cumulative)(8)		1,981	1,380
		Common Stock (170,963 shares)		2,087	10,270		Warrants (5,333 equivalent shares)		1,919	—

				28,216	36,574				7,787	5,267

Tin Roof Acquisition Company	Casual Restaurant Group
OPI International Ltd.(13)						Provider of Man Camp and Industrial Storage Services
		12% Secured Debt (Maturity—November 30, 2018)	14,100	13,885	13,885		10% Unsecured Debt (Maturity—April 8, 2018)	244	244	244
		Class C Preferred Stock (Fully diluted 10.0%; 10% cumulative)(8)		2,355	2,355		Common Stock (20,766,317 shares)		1,371	3,200

				16,240	16,240				1,615	3,444

Universal Wellhead Services Holdings, LLC(10)	Provider of Wellhead Equipment, Designs, and Personnel to the Oil & Gas Industry
PCI Holding Company, Inc.						Manufacturer of Industrial Gas Generating Systems
		Class A Units (4,000,000 units)(8)		4,000	3,250		Preferred Stock (1,500,000 shares; 20% cumulative)(8)		2,625	4,750

Volusion, LLC	Provider of Online Software-as-a-Service eCommerce Solutions
		10.5% Secured Debt (Maturity—January 26, 2020)	17,500	16,080	16,080
		Warrants (950,618 equivalent units)		1,400	1,400
		Preferred Member Units (4,876,670 units)		14,000	14,000

				31,480	31,480

Subtotal Affiliate Investments (18.2% of total investments at fair value)				315,018	327,470

Portfolio Company(1)	Business Description	Type of Investment(2)(3)


Radial Drilling Services Inc.	Oil and Gas Lateral Drilling Technology Provider
		12% Secured Debt (Maturity—November 22, 2016)	4,200	3,936	2,000
		Warrants (316 equivalent shares)		758	—

				4,694	2,000

Rocaceia, LLC (Quality Lease and Rental Holdings, LLC)	Provider of Rigsite Accommodation Unit Rentals and Related Services
		12% Secured Debt (Maturity—January 8, 2018)(14)(18)	30,785	30,281	250
		Preferred Member Units (250 units)		2,500	—

				32,781	250

Samba Holdings, Inc.	Provider of Intelligent Driver Record Monitoring Software and Services
		12.5% Secured Debt (Maturity—November 17, 2016)	25,665	25,522	25,665
		Common Stock (170,963 shares)		2,087	20,410

				27,609	46,075

Tin Roof Acquisition Company	Casual Restaurant Group
		12% Secured Debt (Maturity—November 13, 2018)	14,100	13,898	13,898
		Class C Preferred Stock (Fully diluted 10.0%; 10% cumulative)(8)		2,415	2,415

				16,313	16,313

Universal Wellhead Services Holdings, LLC(10)	Provider of Wellhead Equipment, Designs, and Personnel to the Oil & Gas Industry
		Class A Units (4,000,000 units; 4.5% cumulative)(8)		4,000	3,091

Volusion, LLC	Provider of Online Software-as-a-Service eCommerce Solutions
		10.5% Secured Debt (Maturity—January 26, 2020)	17,500	16,139	16,139
		Warrants (950,618 equivalent units)		1,400	1,400
		Preferred Member Units (4,876,670 units)		14,000	14,000

				31,539	31,539

Subtotal Affiliate Investments (17.2% of total investments at fair value)				312,016	322,497

Portfolio Company(1)		Business Description	Type of Investment(2)(3)					Business Description	Type of Investment(2)(3)


Non-Control/Non-Affiliate Investments(7)	Non-Control/Non-Affiliate Investments(7)						Non-Control/Non-Affiliate Investments(7)

Allflex Holdings III Inc.(11)		Manufacturer of Livestock Identification Products						Manufacturer of Livestock Identification Products
			LIBOR Plus 7.00% (Floor 1.00%), Current Coupon 8.00%, Secured Debt (Maturity—July 19, 2021)(9)	10,150	10,075	10,229			LIBOR Plus 7.00% (Floor 1.00%), Current Coupon 8.00%, Secured Debt (Maturity—July 19, 2021)(9)	10,150	10,077	10,029

AM General LLC(11)		Specialty Vehicle Manufacturer						Specialty Vehicle Manufacturer
			LIBOR Plus 9.00% (Floor 1.25%), Current Coupon 10.25%, Secured Debt (Maturity—March 22, 2018)(9)	2,256	2,214	2,109			LIBOR Plus 9.00% (Floor 1.25%), Current Coupon 10.25%, Secured Debt (Maturity—March 22, 2018)(9)	2,256	2,218	1,914

AM3 Pinnacle Corporation(10)		Provider of Comprehensive Internet, TV and Voice Services for Multi-Dwelling Unit Properties						Provider of Comprehensive Internet, TV and Voice Services for Multi- Dwelling Unit Properties
			10% Secured Debt (Maturity—October 22, 2018)	22,172	22,048	19,548			Common Stock (60,240 shares)		2,000	—
			Common Stock (60,240 shares)		2,000	—

American Seafoods Group, LLC(11)								Catcher-Processor of Alaskan Pollock
					24,048	19,548			LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—August 19, 2021)(9)	10,000	9,988	9,950

AmeriTech College, LLC		For-Profit Nursing and Healthcare College						For-Profit Nursing and Healthcare College
			10% Secured Debt (Maturity—November 30, 2019)	685	685	685			10% Secured Debt (Maturity—November 30, 2019)	489	489	489
			10% Secured Debt (Maturity—January 31, 2020)	4,235	4,235	3,700			10% Secured Debt (Maturity—January 31, 2020)	3,025	3,025	2,668

					4,920	4,385					3,514	3,157

AMF Bowling Centers, Inc.(11)		Bowling Alley Operator						Bowling Alley Operator
			LIBOR Plus 6.25% (Floor 1.00%), Current Coupon 7.25%, Secured Debt (Maturity—September 18, 2021)(9)	7,947	7,834	7,977			LIBOR Plus 6.25% (Floor 1.00%), Current Coupon 7.25%, Secured Debt (Maturity—September 18, 2021)(9)	7,927	7,818	7,908

Anchor Hocking, LLC(11)		Household Products Manufacturer						Household Products Manufacturer
			LIBOR Plus 9.00% (Floor 1.00%), Current Coupon 10.00%, Secured Debt (Maturity—June 4, 2018)(9)	2,312	2,312	2,306			LIBOR Plus 9.00% (Floor 1.00%), Current Coupon 10.00%, Secured Debt (Maturity—June 4, 2018)(9)	2,312	2,312	2,323
			Member Units (440,620 units)		4,928	3,892			Member Units (440,620 units)		4,928	3,415

					7,240	6,198					7,240	5,738

AP Gaming I, LLC(10)		Developer, Manufacturer, and Operator of Gaming Machines						Developer, Manufacturer, and Operator of Gaming Machines
			LIBOR Plus 8.25% (Floor 1.00%), Current Coupon 9.25%, Secured Debt (Maturity—December 20, 2020)(9)	9,913	9,708	9,899			LIBOR Plus 8.25% (Floor 1.00%), Current Coupon 9.25%, Secured Debt (Maturity—December 20, 2020)(9)	11,343	11,128	11,210

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Applied Products, Inc.(10)	Adhesives Distributor					Adhesives Distributor
		LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—September 30, 2019)(9)	5,888	5,828	5,828		LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—September 30, 2019)(9)	5,850	5,794	5,794

Arcus Hunting LLC.(10)	Manufacturer of Bowhunting and Archery Products and Accessories					Manufacturer of Bowhunting and Archery Products and Accessories
		LIBOR Plus 7.00% (Floor 1.00%), Current Coupon 8.00%, Secured Debt (Maturity—November 13, 2019)(9)	9,866	9,743	9,743		LIBOR Plus 7.00% (Floor 1.00%), Current Coupon 8.00%, Secured Debt (Maturity—November 13, 2019)(9)	10,875	10,758	10,758

Artel, LLC(11)	Provider of Secure Satellite Network and IT Solutions					Provider of Secure Satellite Network and IT Solutions
		LIBOR Plus 6.00% (Floor 1.25%), Current Coupon 7.25%, Secured Debt (Maturity—November 27, 2017)(9)	8,515	8,364	8,323		LIBOR Plus 6.00% (Floor 1.25%), Current Coupon 7.25%, Secured Debt (Maturity—November 27, 2017)(9)	8,204	8,073	7,589

ATS Workholding, Inc.(10)	Manufacturer of Machine Cutting Tools and Accessories					Manufacturer of Machine Cutting Tools and Accessories
		LIBOR Plus 7.00% (Floor 1.00%), Current Coupon 8.00%, Secured Debt (Maturity—March 10, 2019)(9)	6,651	6,605	6,605		LIBOR Plus 7.50% (Floor 1.00%), Current Coupon 8.50%, Secured Debt (Maturity—March 10, 2019)(9)	6,571	6,528	6,528

ATX Networks Corp.(11)(13)	Provider of Radio Frequency Management Equipment					Provider of Radio Frequency Management Equipment
		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—June 14, 2021)(9)	15,000	14,700	14,963		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—June 14, 2021)(9)	14,963	14,673	14,888

Barfly Ventures, LLC(10)						Casual Restaurant Group
							12% Secured Debt (Maturity—August 31, 2020)	4,121	4,039	4,039
							Warrants (1 equivalent share)		473	473

									4,512	4,512

Berry Aviation, Inc.(10)	Airline Charter Service Operator					Airline Charter Service Operator
		12.00% Current / 1.75% PIK Secured Debt (Maturity—January 20, 2020)	5,627	5,574	5,574		12.00% Current / 1.75% PIK Secured Debt (Maturity—January 30, 2020)	5,627	5,576	5,576
		Common Stock (553 shares)		400	400		Common Stock (553 shares)		400	400

				5,974	5,974				5,976	5,976

Bioventus LLC(10)	Production of Orthopedic Healing Products					Production of Orthopedic Healing Products
		LIBOR Plus 10.00% (Floor 1.00%), Current Coupon 11.00%, Secured Debt (Maturity—April 10, 2020)(9)	5,000	4,910	5,000		LIBOR Plus 10.00% (Floor 1.00%), Current Coupon 11.00%, Secured Debt (Maturity—April 10, 2020)(9)	5,000	4,914	4,950

Blackbrush Oil and Gas LP(11)	Oil & Gas Exploration					Oil & Gas Exploration
		LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—July 30, 2021)(9)	4,000	3,973	3,715		LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—July 30, 2021)(9)	4,000	3,974	3,403

Blackhawk Specialty Tools LLC(11)	Oilfield Equipment & Services
		LIBOR Plus 5.25% (Floor 1.25%), Current Coupon 6.50%, Secured Debt (Maturity—August 1, 2019)(9)	6,058	6,028	5,877

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Blackhawk Specialty Tools LLC(11)						Oilfield Equipment & Services
							LIBOR Plus 5.25% (Floor 1.25%), Current Coupon 6.50%, Secured Debt (Maturity—August 1, 2019)(9)	5,975	5,947	5,587

Blue Bird Body Company(11)	School Bus Manufacturer					School Bus Manufacturer
		LIBOR Plus 5.50% (Floor 1.00%), Current Coupon 6.50%, Secured Debt (Maturity—June 26, 2020)(9)	11,213	11,068	11,241		LIBOR Plus 5.50% (Floor 1.00%), Current Coupon 6.50%, Secured Debt (Maturity—June 26, 2020)(9)	9,845	9,724	9,827

Bluestem Brands, Inc.(11)(13)	Multi-Channel Retailer of General Merchandise					Multi-Channel Retailer of General Merchandise
		LIBOR Plus 7.50% (Floor 1.00%), Current Coupon 8.50%, Secured Debt (Maturity—November 6, 2020)(9)	6,981	6,743	6,968		LIBOR Plus 7.50% (Floor 1.00%), Current Coupon 8.50%, Secured Debt (Maturity—November 6, 2020)(9)	13,820	13,522	13,637

Brainworks Software, LLC(10)	Advertising Sales and Newspaper Circulation Software					Advertising Sales and Newspaper Circulation Software
		Prime Plus 7.25% (Floor 3.25%), Current Coupon 10.50%, Secured Debt (Maturity—July 22, 2019)(9)	405	398	398		Prime Plus 7.25% (Floor 3.25%), Current Coupon 10.50%, Secured Debt (Maturity—July 22, 2019)(9)	626	619	619
		LIBOR Plus 8.25% (Floor 1.00%), Current Coupon 9.25%, Secured Debt (Maturity—July 22, 2019)(9)	6,263	6,197	6,197		LIBOR Plus 8.25% (Floor 1.00%), Current Coupon 9.25%, Secured Debt (Maturity—July 22, 2019)(9)	6,224	6,161	6,161

				6,595	6,595				6,780	6,780

Brightwood Capital Fund III, LP(12)(13)	Investment Partnership					Investment Partnership
		LP Interests (Brightwood Capital Fund III, LP) (Fully diluted 1.7%)(8)		8,250	8,250		LP Interests (Brightwood Capital Fund III, LP) (Fully diluted 1.6%)(8)		11,250	11,250

Brundage-Bone Concrete Pumping, Inc.(11)	Construction Services Provider					Construction Services Provider
		10.375% Secured Debt (Maturity—September 1, 2021)	2,500	2,500	2,600		10.375% Secured Debt (Maturity—September 1, 2021)	2,500	2,500	2,513

Calloway Laboratories, Inc.(10)	Health Care Testing Facilities					Health Care Testing Facilities
		12% PIK Secured Debt (Maturity—September 30, 2015)(14)	7,381	7,332	2,767		17% PIK Secured Debt (Maturity—September 30, 2016)(14)	7,381	7,332	—
		Warrants (125,000 equivalent shares)		17	—		Warrants (125,000 equivalent shares)		17	—

				7,349	2,767				7,349	—

Cengage Learning Acquisitions, Inc.(11)	Provider of Educational Print and Digital Services					Provider of Educational Print and Digital Services
		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—March 31, 2020)(9)	9,744	9,703	9,772		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—March 31, 2020)(9)	9,744	9,705	9,683

CGSC of Delaware Holdings Corp.(11)(13)	Insurance Brokerage Firm
		LIBOR Plus 7.00% (Floor 1.25%), Current Coupon 8.25%, Secured Debt (Maturity—October 16, 2020)(9)	2,000	1,977	1,725

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Charlotte Russe, Inc(11)	Fast-Fashion Retailer to Young Women
Cenveo Corporation(11)						Provider of Commercial Printing, Envelopes, Labels, Printed Office Products
		LIBOR Plus 5.50% (Floor 1.25%), Current Coupon 6.75%, Secured Debt (Maturity—May 22, 2019)(9)	11,481	11,300	10,993		6% Secured Debt (Maturity—August 1, 2019)	10,000	8,639	8,400

CHI Overhead Doors, Inc.(11)	Manufacturer of Overhead Garage Doors
CGSC of Delaware Holdings Corp.(11)(13)						Insurance Brokerage Firm
							LIBOR Plus 7.00% (Floor 1.25%), Current Coupon 8.25%, Secured Debt (Maturity—October 16, 2020)(9)	2,000	1,978	1,700

Charlotte Russe, Inc(11)						Fast-Fashion Retailer to Young Women
		LIBOR Plus 9.50% (Floor 1.50%), Current Coupon 11.00%, Secured Debt (Maturity—September 18, 2019)(9)	2,500	2,470	2,503		LIBOR Plus 5.50% (Floor 1.25%), Current Coupon 6.75%, Secured Debt (Maturity—May 22, 2019)(9)	14,346	14,047	11,958

Clarius ASIG, LLC(10)	Prints & Advertising Film Financing					Prints & Advertising Film Financing
		14% PIK Secured Debt (Maturity—September 14, 2014)(17)	2,374	2,348	2,374		15% PIK Secured Debt (Maturity—September 14, 2014)(17)	615	612	615

Clarius BIGS, LLC(10)	Prints & Advertising Film Financing					Prints & Advertising Film Financing
		14% PIK Secured Debt (Maturity—January 5, 2015)(14)(17)	4,400	4,359	1,747		15% PIK Secured Debt (Maturity—January 5, 2015)(14)(17)	3,500	3,500	888

Compact Power Equipment, Inc.	Equipment / Tool Rental					Equipment / Tool Rental
		12% Secured Debt (Maturity—October 1, 2017)	4,100	4,087	4,100		12% Secured Debt (Maturity—October 1, 2017)	4,100	4,089	4,100
		Series A Preferred Stock (4,298,435 shares)(8)		1,079	2,930		Series A Preferred Stock (4,298,435 shares)(8)		1,079	2,930

				5,166	7,030				5,168	7,030

Compuware Corporation(11)	Provider of Software and Supporting Services					Provider of Software and Supporting Services
		LIBOR Plus 5.25% (Floor 1.00%), Current Coupon 6.25%, Secured Debt (Maturity—December 15, 2019)(9)	14,625	14,240	14,314		LIBOR Plus 5.25% (Floor 1.00%), Current Coupon 6.25%, Secured Debt (Maturity—December 15, 2019)(9)	14,438	14,076	13,983

Covenant Surgical Partners, Inc.(11)	Ambulatory Surgical Centers					Ambulatory Surgical Centers
		8.75% Secured Debt (Maturity—August 1, 2019)	1,000	1,000	1,013		8.75% Secured Debt (Maturity—August 1, 2019)	1,000	1,000	1,002

CRGT Inc.(11)	Provider of Custom Software Development					Provider of Custom Software Development
		LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—December 19, 2020)(9)	11,850	11,613	11,643		LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—December 19, 2020)(9)	14,259	14,026	14,224

CST Industries Inc.(11)	Storage Tank Manufacturer					Storage Tank Manufacturer
		LIBOR Plus 6.25% (Floor 1.50%), Current Coupon 7.75%, Secured Debt (Maturity—May 22, 2017)(9)	9,113	9,068	9,090		LIBOR Plus 6.25% (Floor 1.50%), Current Coupon 7.75%, Secured Debt (Maturity—May 22, 2017)(9)	8,670	8,633	8,626

Darr Equipment LP(10)	Heavy Equipment Dealer
		11.75% Current / 2% PIK Secured Debt (Maturity—April 15, 2020)	20,496	19,923	19,923
		Warrants (915,734 equivalent units)		474	474

				20,397	20,397

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Darr Equipment LP(10)						Heavy Equipment Dealer
							11.75% Current / 2% PIK Secured Debt (Maturity—April 15, 2020)	20,601	20,050	20,050
							Warrants (915,734 equivalent units)		474	410

									20,524	20,460

Digital River, Inc.(11)	Provider of Outsourced e-Commerce Solutions and Services					Provider of Outsourced e-Commerce Solutions and Services
		LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—February 12, 2021)(9)	12,000	11,823	12,120		LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—February 12, 2021)(9)	15,000	14,831	15,000

Digity Media LLC(11)	Radio Station Operator					Radio Station Operator
		LIBOR Plus 5.00% (Floor 1.25%), Current Coupon 6.25%, Secured Debt (Maturity—February 8, 2019)(9)	7,098	7,038	7,045		LIBOR Plus 4.75% (Floor 1.25%), Current Coupon 6.00%, Secured Debt (Maturity—February 8, 2019)(9)	6,588	6,535	6,539

Drilling Info, Inc.	Information Services for the Oil and Gas Industry					Information Services for the Oil and Gas Industry
		Common Stock (3,788,865 shares)		1,335	9,920		Common Stock (3,788,865 shares)		1,335	9,920

ECP-PF Holdings Group, Inc.(10)	Fitness Club Operator					Fitness Club Operator
		LIBOR Plus 9.00% (Floor 1.00%), Current Coupon 10.00%, Secured Debt (Maturity—November 26, 2019)(9)	5,625	5,575	5,575		LIBOR Plus 9.00% (Floor 1.00%), Current Coupon 10.00%, Secured Debt (Maturity—November 26, 2019)(9)	5,625	5,577	5,577

EnCap Energy Fund Investments(12)(13)	Investment Partnership					Investment Partnership
		LP Interests (EnCap Energy Capital Fund VIII, L.P.) (Fully diluted 0.1%)(8)		3,690	3,242		LP Interests (EnCap Energy Capital Fund VIII, L.P.) (Fully diluted 0.1%)(8)		3,629	2,722
		LP Interests (EnCap Energy Capital Fund VIII Co-Investors, L.P.) (Fully diluted 0.4%)(8)		2,110	1,693		LP Interests (EnCap Energy Capital Fund VIII Co- Investors, L.P.) (Fully diluted 0.4%)		2,140	1,002
		LP Interests (EnCap Energy Capital Fund IX, L.P.) (Fully diluted 0.1%)		2,564	2,291		LP Interests (EnCap Energy Capital Fund IX, L.P.) (Fully diluted 0.1%)(8)		2,850	2,420
		LP Interests (EnCap Flatrock Midstream Fund X, L.P.) (Fully diluted 0.1%)		372	372		LP Interests (EnCap Flatrock Midstream Fund X, L.P.) (Fully diluted 0.1%)		433	433
		LP Interests (EnCap Flatrock Midstream Fund II, L.P.) (Fully diluted 0.8%)(8)		6,569	6,942		LP Interests (EnCap Flatrock Midstream Fund II, L.P.) (Fully diluted 0.8%)(8)		7,205	7,635
		LP Interests (EnCap Flatrock Midstream Fund III, L.P.) (Fully diluted 0.2%)		336	336		LP Interests (EnCap Flatrock Midstream Fund III, L.P.) (Fully diluted 0.2%)		423	423

				15,641	14,876				16,680	14,635

Energy and Exploration Partners, LLC(11)	Oil & Gas Exploration & Production					Oil & Gas Exploration & Production
		LIBOR Plus 6.75% (Floor 1.00%), Current Coupon 7.75%, Secured Debt (Maturity—January 22, 2019)(9)	9,414	9,050	7,966		LIBOR Plus 6.75% (Floor 1.00%), Current Coupon 7.75%, Secured Debt (Maturity—January 22, 2019)(9)	9,390	9,048	7,168

Evergreen Skills Lux S.á r.l. (d/b/a Skillsoft)(11)	Technology-based Performance Support Solutions
		LIBOR Plus 8.25% (Floor 1.00%), Current Coupon 9.25%, Secured Debt (Maturity—April 28, 2022)(9)	7,000	6,829	6,568

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Evergreen Skills Lux S.á r.l. (d/b/a Skillsoft)(11)(13)						Technology-based Performance Support Solutions
							LIBOR Plus 8.25% (Floor 1.00%), Current Coupon 9.25%, Secured Debt (Maturity—April 28, 2022)(9)	7,000	6,833	6,020

Extreme Reach, Inc.(11)	Integrated TV and Video Advertising Platform					Integrated TV and Video Advertising Platform
		LIBOR Plus 5.75% (Floor 1.00%), Current Coupon 6.75%, Secured Debt (Maturity—February 7, 2020)(9)	14,885	14,868	14,858		LIBOR Plus 5.75% (Floor 1.00%), Current Coupon 6.75%, Secured Debt (Maturity—February 7, 2020)(9)	14,353	14,338	14,299

Flavors Holdings Inc.(11)	Global Provider of Flavoring and Sweetening Products and Solutions					Global Provider of Flavoring and Sweetening Products and Solutions
		LIBOR Plus 5.75% (Floor 1.00%), Current Coupon 6.75%, Secured Debt (Maturity—April 3, 2020)(9)	11,635	11,265	11,221		LIBOR Plus 5.75% (Floor 1.00%), Current Coupon 6.75%, Secured Debt (Maturity—April 3, 2020)(9)	11,484	11,134	10,896

Fram Group Holdings, Inc.(11)	Manufacturer of Automotive Maintenance Products					Manufacturer of Automotive Maintenance Products
		LIBOR Plus 5.50% (Floor 1.50%), Current Coupon 7.00%, Secured Debt (Maturity—July 29, 2017)(9)	9,652	9,516	9,281		LIBOR Plus 5.50% (Floor 1.50%), Current Coupon 7.00%, Secured Debt (Maturity—July 29, 2017)(9)	9,652	9,531	8,445
		LIBOR Plus 9.50% (Floor 1.50%), Current Coupon 11.00%, Secured Debt (Maturity—January 29, 2018)(9)	700	698	644		LIBOR Plus 9.50% (Floor 1.50%), Current Coupon 11.00%, Secured Debt (Maturity—January 29, 2018)(9)	700	698	376

				10,214	9,925				10,229	8,821

GI KBS Merger Sub LLC(11)	Outsourced Janitorial Services to Retail/Grocery Customers					Outsourced Janitorial Services to Retail/Grocery Customers
		LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—October 29, 2021)(9)	2,985	2,978	2,985		LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—October 29, 2021)(9)	2,978	2,971	2,940
		LIBOR Plus 8.50% (Floor 1.00%), Current Coupon 9.50%, Secured Debt (Maturity—April 29, 2022)(9)	800	785	800		LIBOR Plus 8.50% (Floor 1.00%), Current Coupon 9.50%, Secured Debt (Maturity—April 29, 2022)(9)	800	785	804

				3,763	3,785				3,756	3,744

Grace Hill, LLC(10)	Online Training Tools for the Multi-Family Housing Industry					Online Training Tools for the Multi-Family Housing Industry
		LIBOR Plus 6.25% (Floor 1.00%), Current Coupon 7.25%, Secured Debt (Maturity—August 15, 2019)(9)	9,498	9,398	9,498		LIBOR Plus 6.25% (Floor 1.00%), Current Coupon 7.25%, Secured Debt (Maturity—August 15, 2019)(9)	9,498	9,403	9,503

Great Circle Family Foods, LLC(10)	Quick Service Restaurant Franchise
		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—October 28, 2019)(9)	7,950	7,876	7,876

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Great Circle Family Foods, LLC(10)						Quick Service Restaurant Franchise
							LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—October 28, 2019)(9)	7,899	7,829	7,829

Grupo Hima San Pablo, Inc.(11)	Tertiary Care Hospitals					Tertiary Care Hospitals
		LIBOR Plus 7.00% (Floor 1.50%), Current Coupon 8.50%, Secured Debt (Maturity—January 31, 2018)(9)	4,888	4,831	4,741		LIBOR Plus 7.00% (Floor 1.50%), Current Coupon 8.50%, Secured Debt (Maturity—January 31, 2018)(9)	4,875	4,823	4,534
		13.75% Secured Debt (Maturity—July 31, 2018)	2,000	1,933	1,940		13.75% Secured Debt (Maturity—July 31, 2018)	2,000	1,938	1,840

				6,764	6,681				6,761	6,374

GST Autoleather, Inc.(11)	Automotive Leather Manufacturer					Automotive Leather Manufacturer
		LIBOR Plus 5.50% (Floor 1.00%), Current Coupon 6.50%, Secured Debt (Maturity—July 10, 2020)(9)	9,950	9,864	9,826		LIBOR Plus 5.50% (Floor 1.00%), Current Coupon 6.50%, Secured Debt (Maturity—July 10, 2020)(9)	9,900	9,818	9,752

Guitar Center, Inc.(11)	Musical Instruments Retailer					Musical Instruments Retailer
		6.5% Secured Debt (Maturity—April 15, 2019)	9,000	8,565	8,235		6.5% Secured Debt (Maturity—April 15, 2019)	9,000	8,590	8,280

Halcon Resources Corporation(11)(13)	Oil & Gas Exploration & Production					Oil & Gas Exploration & Production
		9.75% Unsecured Debt (Maturity—July 15, 2020)	6,925	6,360	4,657		9.75% Unsecured Debt (Maturity—July 15, 2020)	6,925	6,371	2,355

Hojeij Branded Foods, LLC(10)						Multi-Airport, Multi- Concept Restaurant Operator
							LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—July 27, 2021)(9)	5,357	5,305	5,305

Horizon Global Corporation(11)	Auto Parts Manufacturer					Auto Parts Manufacturer
		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—June 30, 2021)(9)	10,000	9,800	9,913		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—June 30, 2021)(9)	9,875	9,684	9,801

Hostway Corporation(11)	Managed Services and Hosting Provider					Managed Services and Hosting Provider
		LIBOR Plus 4.75% (Floor 1.25%), Current Coupon 6.00%, Secured Debt (Maturity—December 13, 2019)(9)	11,230	11,145	11,174		LIBOR Plus 4.75% (Floor 1.25%), Current Coupon 6.00%, Secured Debt (Maturity—December 13, 2019)(9)	11,254	11,175	11,198
		LIBOR Plus 8.75% (Floor 1.25%), Current Coupon 10.00%, Secured Debt (Maturity—December 11, 2020)(9)	5,000	4,926	4,975

				16,071	16,149

Hunter Defense Technologies, Inc.(11)	Provider of Military and Commercial Shelters and Systems					Provider of Military and Commercial Shelters and Systems
		LIBOR Plus 5.50% (Floor 1.00%), Current Coupon 6.50%, Secured Debt (Maturity—August 5, 2019)(9)	9,625	9,544	9,661		LIBOR Plus 5.50% (Floor 1.00%), Current Coupon 6.50%, Secured Debt (Maturity—August 5, 2019)(9)	9,500	9,424	9,512

ICON Health & Fitness, Inc.(11)	Producer of Fitness Products
		11.875% Secured Debt (Maturity—October 15, 2016)	6,956	6,880	6,956

iEnergizer Limited(11)(13)	Provider of Business Outsourcing Solutions
		LIBOR Plus 6.00% (Floor 1.25%), Current Coupon 7.25%, Secured Debt (Maturity—May 1, 2019)(9)	9,735	9,627	9,005

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


ICON Health & Fitness, Inc.(11)						Producer of Fitness Products
							11.875% Secured Debt (Maturity—October 15, 2016)	6,956	6,893	6,782

iEnergizer Limited(11)(13)						Provider of Business Outsourcing Solutions
							LIBOR Plus 6.00% (Floor 1.25%), Current Coupon 7.25%, Secured Debt (Maturity—May 1, 2019)(9)	8,404	8,316	7,774

Indivior Finance LLC(11)(13)	Specialty Pharmaceutical Company Treating Opioid Dependence					Specialty Pharmaceutical Company Treating Opioid Dependence
		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—December 19, 2019)(9)	7,313	6,899	7,148		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—December 19, 2019)(9)	7,219	6,829	6,840

Infinity Acquisition Finance Corp.(11)	Application Software for Capital Markets					Application Software for Capital Markets
		7.25% Unsecured Debt (Maturity—August 1, 2022)	4,000	4,000	3,760		7.25% Unsecured Debt (Maturity—August 1, 2022)	4,000	4,000	3,580

Inn of the Mountain Gods Resort and Casino(11)	Hotel & Casino Owner & Operator					Hotel & Casino Owner & Operator
		9.25% Secured Debt (Maturity—November 30, 2020)	3,851	3,698	3,591		9.25% Secured Debt (Maturity—November 30, 2020)	3,851	3,703	3,581

Insurance Technologies, LLC(10)	Illustration and Sales-automation platforms					Illustration and Sales-automation platforms
		LIBOR Plus 7.00% (Floor 1.00%), Current Coupon 8.00%, Secured Debt (Maturity—December 1, 2019)(9)	4,935	4,883	4,883		LIBOR Plus 7.00% (Floor 1.00%), Current Coupon 8.00%, Secured Debt (Maturity—December 1, 2019)(9)	4,870	4,821	4,821

Intertain Group Limited(11)(13)	Business-to-Consumer Online Gaming Operator					Business-to-Consumer Online Gaming Operator
		LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—April 8, 2022)(9)	12,000	11,800	12,000		LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—April 8, 2022)(9)	11,700	11,510	11,759

iPayment, Inc.(11)	Provider of Merchant Acquisition					Provider of Merchant Acquisition
		LIBOR Plus 5.25% (Floor 1.50%), Current Coupon 6.75%, Secured Debt (Maturity—May 8, 2017)(9)	15,026	14,976	14,969		LIBOR Plus 5.25% (Floor 1.50%), Current Coupon 6.75%, Secured Debt (Maturity—May 8, 2017)(9)	15,026	14,980	14,789

iQor US Inc.(11)	Business Process Outsourcing Services Provider					Business Process Outsourcing Services Provider
		LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—April 1, 2021)(9)	9,937	9,753	9,266		LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—April 1, 2021)(9)	9,912	9,736	8,128

Jackmont Hospitality, Inc.(10)	Family-owned TGIF Franchisee
irth Solutions, LLC						Provider of Damage Prevention Information Technology Services
		LIBOR Plus 6.75% (Floor 1.00%), Current Coupon 7.75%, Secured Debt (Maturity—May 26, 2021)(9)	8,410	8,370	8,370		Member Units (27,893 units)		1,441	1,441

Jackson Hewitt Tax Service Inc.(11)	Tax Preparation Service Provider
		LIBOR Plus 8.50% (Floor 1.50%), Current Coupon 10.00%, Secured Debt (Maturity—October 16, 2017)(9)	4,107	4,020	4,107

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Jackmont Hospitality, Inc.(10)						Family-owned TGIF Franchisee
							LIBOR Plus 6.75% (Floor 1.00%), Current Coupon 7.75%, Secured Debt (Maturity—May 26, 2021)(9)	4,237	4,216	4,216

Joerns Healthcare, LLC(11)	Manufacturer and Distributor of Health Care Equipment & Supplies					Manufacturer and Distributor of Health Care Equipment & Supplies
		LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—May 9, 2020)(9)	11,880	11,781	11,860		LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—May 9, 2020)(9)	14,880	14,781	14,806

John Deere Landscapes LLC(10)	Distributor of Landscaping Supplies					Distributor of Landscaping Supplies
		LIBOR Plus 4.00% (Floor 1.00%), Current Coupon 5.00%, Secured Debt (Maturity—December 23, 2019)(9)	8,530	8,184	8,184		LIBOR Plus 4.00% (Floor 1.00%), Current Coupon 5.00%, Secured Debt (Maturity—December 23, 2019)(9)	8,508	8,180	8,508

Kadmon Pharmaceuticals, LLC(10)	Biopharmaceutical Company with a Hepatology Focus
JSS Holdings, Inc.(11)						Aircraft Maintenance Program Provider
							LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—August 31, 2021)(9)	13,500	13,233	13,298

Kendra Scott, LLC(11)						Jewelry Retail Stores
		9.75% Secured Debt (Maturity—December 17, 2016)	4,860	4,860	4,860		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—July 17, 2020)(9)	10,000	9,904	9,975

Keypoint Government Solutions, Inc.(11)	Provider of Pre-Employment Screening Services					Provider of Pre-Employment Screening Services
							LIBOR Plus 6.50% (Floor 1.25%), Current Coupon 7.75%, Secured Debt (Maturity—November 13, 2017)(9)	6,514	6,473	6,514

LaMi Products, LLC(10)						General Merchandise Distribution
		LIBOR Plus 6.50% (Floor 1.25%), Current Coupon 7.75%, Secured Debt (Maturity—November 13, 2017)(9)	6,725	6,679	6,691		LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—September 16, 2020)(9)	4,563	4,532	4,532

Lansing Trade Group LLC(11)	Commodity Merchandiser					Commodity Merchandiser
		9.25% Unsecured Debt (Maturity—February 15, 2019)	6,000	6,000	5,865		9.25% Unsecured Debt (Maturity—February 15, 2019)	6,000	6,000	5,775

Larchmont Resources, LLC(11)	Oil & Gas Exploration & Production					Oil & Gas Exploration & Production
		LIBOR Plus 7.25% (Floor 1.00%), Current Coupon 8.25%, Secured Debt (Maturity—August 7, 2019)(9)	8,878	8,499	7,368		LIBOR Plus 8.75% (Floor 1.00%), Current Coupon 9.75%, Secured Debt (Maturity—August 7, 2019)(9)	7,852	7,535	6,674

Leadrock Properties, LLC	Manufacturer of Automation Machines, Specialty Cutting Tools and Punches
		10% Secured Debt (Leadrock Properties, LLC) (Maturity—May 4, 2026)	1,440	1,415	1,415

Legendary Pictures Funding, LLC(10)	Producer of TV, Film, and Comic Content
		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity— April 22, 2020)(9)	7,500	7,360	7,500

LKCM Headwater Investments I, L.P.(12)(13)	Investment Partnership
		LP Interests (Fully diluted 2.3%)(8)		2,250	4,438

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Leadrock Properties, LLC						Real Estate Investment
							10% Secured Debt (Maturity—May 4, 2026)	1,440	1,416	1,416

Legendary Pictures Funding, LLC(10)						Producer of TV, Film, and Comic Content
							LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—April 22, 2020)(9)	7,500	7,366	7,462

LKCM Headwater Investments I, L.P.(12)(13)						Investment Partnership
							LP Interests (Fully diluted 2.3%)(8)		2,250	4,625

Looking Glass Investments, LLC(12)(13)						Specialty Consumer Finance
							9% Unsecured Debt (Maturity—June 30, 2020)	188	188	188
							Member Units (3 units)		125	125
							Member Units (LGI Predictive Analytics LLC) (190,712 units)		188	188

									501	501

MediMedia USA, Inc.(11)	Provider of Healthcare Media and Marketing					Provider of Healthcare Media and Marketing
		LIBOR Plus 6.75% (Floor 1.25%), Current Coupon 8.00%, Secured Debt (Maturity—November 20, 2018)(9)	7,772	7,703	7,588		LIBOR Plus 6.75% (Floor 1.25%), Current Coupon 8.00%, Secured Debt (Maturity—November 20, 2018)(9)	7,772	7,708	7,500

Messenger, LLC(10)	Supplier of Specialty Stationery and Related Products to the Funeral Industry					Supplier of Specialty Stationery and Related Products to the Funeral Industry
		LIBOR Plus 7.50% (Floor 1.00%), Current Coupon 8.50%, Secured Debt (Maturity— December 5, 2019)(9)	12,781	12,673	12,781		LIBOR Plus 7.25% (Floor 1.00%), Current Coupon 8.25%, Secured Debt (Maturity—December 5, 2019)(9)	15,772	15,666	15,772

Milk Specialties Company(11)	Processor of Nutrition Products					Processor of Nutrition Products
		LIBOR Plus 7.00% (Floor 1.25%), Current Coupon 8.25%, Secured Debt (Maturity—November 9, 2018)(9)	5,964	5,936	6,008		LIBOR Plus 7.00% (Floor 1.25%), Current Coupon 8.25%, Secured Debt (Maturity—November 9, 2018)(9)	5,200	5,177	5,202

Minute Key, Inc.	Operator of Automated Key Duplication Kiosks					Operator of Automated Key Duplication Kiosks
		10% Current / 2% PIK Secured Debt (Maturity—September 19, 2019)	7,276	6,935	6,935		10% Current / 2% PIK Secured Debt (Maturity—September 19, 2019)	10,122	9,770	9,770
		Warrants (1,437,409 equivalent units)		280	280		Warrants (1,437,409 equivalent units)		280	280

				7,215	7,215				10,050	10,050

Miramax Film NY, LLC(11)	Motion Picture Producer and Distributor					Motion Picture Producer and Distributor
		Class B Units (12% cumulative)(8)		839	839		Class B Units (12% cumulative)(8)		864	864

Modern VideoFilm, Inc.(10)	Post-Production Film Studio
		LIBOR Plus 3.50% (Floor 1.50%), Current Coupon 5.00% / 8.50% PIK, Current Coupon Plus PIK 13.50%, Secured Debt (Maturity—September 25, 2017)(9)(14)	6,302	6,125	750
		Warrants (1,833 equivalent shares)		151	—

				6,276	750

Mood Media Corporation(11)(13)	Provider of Electronic Equipment
		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—May 1, 2019)(9)	14,550	14,414	14,214

New Media Holdings II LLC(11)(13)	Local Newspaper Operator
		LIBOR Plus 6.25% (Floor 1.00%), Current Coupon 7.25%, Secured Debt (Maturity—June 4, 2020)(9)	14,850	14,597	14,757

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Mood Media Corporation(11)(13)						Provider of Electronic Equipment
							LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—May 1, 2019)(9)	14,996	14,860	14,665

Motor Coach Industries International, Inc.(10)						Motor Coach Manufacturer
							LIBOR Plus 6.50% (Floor 0.50%), Current Coupon 7.00%, Secured Debt (Maturity—July 1, 2020)(9)	10,000	9,964	9,964

New Media Holdings II LLC(11)(13)						Local Newspaper Operator
							LIBOR Plus 6.25% (Floor 1.00%), Current Coupon 7.25%, Secured Debt (Maturity—June 4, 2020)(9)	14,813	14,570	14,761

North Atlantic Trading Company, Inc.(11)	Marketer/Distributor of Tobacco Products					Marketer/Distributor of Tobacco Products
		LIBOR Plus 6.50% (Floor 1.25%), Current Coupon 7.75%, Secured Debt (Maturity—January 13, 2020)(9)	10,711	10,628	10,638		LIBOR Plus 6.50% (Floor 1.25%), Current Coupon 7.75%, Secured Debt (Maturity—January 13, 2020)(9)	10,366	10,289	10,288

Novitex Intermediate, LLC(11)	Provider of Document Management Services					Provider of Document Management Services
		LIBOR Plus 6.25% (Floor 1.25%), Current Coupon 7.50%, Secured Debt (Maturity—July 7, 2020)(9)	8,825	8,648	8,384		LIBOR Plus 6.25% (Floor 1.25%), Current Coupon 7.50%, Secured Debt (Maturity—July 7, 2020)(9)	8,747	8,579	8,310

Ospemifene Royalty Sub LLC (QuatRx)(10)	Estrogen-Deficiency Drug Manufacturer and Distributor					Estrogen-Deficiency Drug Manufacturer and Distributor
		11.5% Secured Debt (Maturity—November 15, 2026)	5,071	5,071	5,071		11.5% Secured Debt (Maturity—November 15, 2026)	5,071	5,071	5,071

Panolam Industries International, Inc.(11)	Decorative Laminate Manufacturer					Decorative Laminate Manufacturer
		LIBOR Plus 6.50% (Floor 1.25%), Current Coupon 7.75%, Secured Debt (Maturity—August 23, 2017)(9)	9,754	9,698	9,681		LIBOR Plus 6.50% (Floor 1.25%), Current Coupon 7.75%, Secured Debt (Maturity—August 23, 2017)(9)	9,613	9,564	9,517

Paris Presents Incorporated(11)	Branded Cosmetic and Bath Accessories					Branded Cosmetic and Bath Accessories
		LIBOR Plus 8.25% (Floor 1.00%), Current Coupon 9.25%, Secured Debt (Maturity—December 31, 2021)(9)	2,000	1,962	2,000		LIBOR Plus 8.25% (Floor 1.00%), Current Coupon 9.25%, Secured Debt (Maturity—December 31, 2021)(9)	2,000	1,963	2,000

Parq Holdings Limited Partnership(11)(13)	Hotel & Casino Operator					Hotel & Casino Operator
		LIBOR Plus 7.50% (Floor 1.00%), Current Coupon 8.50%, Secured Debt (Maturity—December 17, 2020)(9)	6,226	6,086	6,263		LIBOR Plus 7.50% (Floor 1.00%), Current Coupon 8.50%, Secured Debt (Maturity—December 17, 2020)(9)	7,500	7,364	7,444

Permian Holdings, Inc.(11)	Storage Tank Manufacturer
		10.5% Secured Debt (Maturity—January 15, 2018)	2,755	2,735	1,763

Pernix Therapeutics Holdings, Inc.(10)(13)	Pharmaceutical Royalty—Anti-Migraine
		12% Secured Debt (Maturity—August 1, 2020)	4,000	4,000	4,000

PeroxyChem LLC(11)	Chemical Manufacturer
		LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—February 28, 2020)(9)	8,855	8,710	8,888

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Permian Holdings, Inc.(11)						Storage Tank Manufacturer
							10.5% Secured Debt (Maturity—January 15, 2018)	2,755	2,737	1,529

Pernix Therapeutics Holdings, Inc.(10)						Pharmaceutical Royalty— Anti-Migraine
							12% Secured Debt (Maturity—August 1, 2020)	3,818	3,818	4,062

PeroxyChem LLC(11)						Chemical Manufacturer
							LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—February 28, 2020)(9)	8,855	8,716	8,855

Pike Corporation(11)	Construction and Maintenance Services for Electric Transmission and Distribution Infrastructure					Construction and Maintenance Services for Electric Transmission and Distribution Infrastructure
							LIBOR Plus 8.50% (Floor 1.00%), Current Coupon 9.50%, Secured Debt (Maturity—June 22, 2022)(9)	15,000	14,654	14,813

Point.360(10)						Fully Integrated Provider of Digital Media Services
							Common Stock (163,658 shares)		273	156
							Warrants (65,463 equivalent shares)		69	13

		LIBOR Plus 8.50% (Floor 1.00%), Current Coupon 9.50%, Secured Debt (Maturity—June 22, 2022)(9)	15,000	14,645	14,900				342	169

Primesight Limited(10)(13)	Outdoor Advertising Operator					Outdoor Advertising Operator
		10% Secured Debt (Maturity—October 22, 2016)	8,559	8,513	8,089		10% Secured Debt (Maturity—October 22, 2016)	8,456	8,419	7,711

Prowler Acquisition Corp.(11)	Specialty Distributor to the Energy Sector					Specialty Distributor to the Energy Sector
		LIBOR Plus 4.50% (Floor 1.00%), Current Coupon 5.50%, Secured Debt (Maturity—January 28, 2020)(9)	456	363	376		LIBOR Plus 4.50% (Floor 1.00%), Current Coupon 5.50%, Secured Debt (Maturity—January 28, 2020)(9)	2,696	2,293	2,345

PT Network, LLC(10)	Provider of Outpatient Physical Therapy and Sports Medicine Services					Provider of Outpatient Physical Therapy and Sports Medicine Services
		LIBOR Plus 7.00% (Floor 1.50%), Current Coupon 8.50%, Secured Debt (Maturity—November 1, 2018)(9)	14,189	14,064	14,064		LIBOR Plus 7.75% (Floor 1.50%), Current Coupon 9.25%, Secured Debt (Maturity—November 1, 2018)(9)	14,159	14,042	14,042

QBS Parent, Inc.(11)	Provider of Software and Services to the Oil & Gas Industry					Provider of Software and Services to the Oil & Gas Industry
		LIBOR Plus 4.75% (Floor 1.00%), Current Coupon 5.75%, Secured Debt (Maturity—August 7, 2021)(9)	11,450	11,357	11,407		LIBOR Plus 4.75% (Floor 1.00%), Current Coupon 5.75%, Secured Debt (Maturity—August 7, 2021)(9)	11,417	11,328	11,375

Raley's(11)	Family-owned supermarket chain in California
		LIBOR Plus 6.25% (Floor 1.00%), Current Coupon 7.25%, Secured Debt (Maturity—May 18, 2022)(9)	7,250	7,106	7,236

RCHP, Inc.(11)	Regional Non-Urban Hospital Owner/Operator
		LIBOR Plus 4.25% (Floor 1.00%), Current Coupon 5.25%, Secured Debt (Maturity—April 23, 2019)(9)	7,481	7,446	7,462
		LIBOR Plus 9.50% (Floor 1.00%), Current Coupon 10.50%, Secured Debt (Maturity—October 23, 2019)(9)	4,000	3,949	4,045

				11,395	11,507

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Recorded Books Inc.(11)	Audiobook and Digital Content Publisher
Raley's(11)						Family-owned Supermarket Chain in California
							LIBOR Plus 6.25% (Floor 1.00%), Current Coupon 7.25%, Secured Debt (Maturity—May 18, 2022)(9)	7,159	7,021	7,159

RCHP, Inc.(11)						Regional Non-Urban Hospital Owner/Operator
							LIBOR Plus 4.25% (Floor 1.00%), Current Coupon 5.25%, Secured Debt (Maturity—April 23, 2019)(9)	7,462	7,429	7,403
							LIBOR Plus 9.50% (Floor 1.00%), Current Coupon 10.50%, Secured Debt (Maturity—October 23, 2019)(9)	4,000	3,951	4,035

		LIBOR Plus 4.25% (Floor 1.00%), Current Coupon 5.25%, Secured Debt (Maturity—January 31, 2020)(9)	11,719	11,624	11,660				11,380	11,438

Relativity Media, LLC(10)	Full-Scale Film and Television Production and Distribution					Full-Scale Film and Television Production and Distribution
		17% PIK Secured Debt (Maturity—July 27, 2015)	7,980	7,980	7,980		17% PIK Secured Debt (Maturity—May 30, 2015)(14)(18)	7,980	7,980	2,882
		Class A Units (260,194 units)		292	247		Class A Units (260,194 units)		292	—

				8,272	8,227				8,272	2,882

Relevant Solutions, LLC (f/k/a LKCM Distribution Holdings, L.P.)	Distributor of Industrial Process Equipment					Distributor of Industrial Process Equipment
		12% Current / 2.0% PIK Secured Debt (Maturity—December 23, 2018)	16,417	16,292	16,417		12% Current / 2.5% PIK Secured Debt (Maturity— December 23, 2018)	16,417	16,299	16,417

Renaissance Learning, Inc.(11)	Technology-based K-12 Learning Solutions					Technology-based K-12 Learning Solutions
		LIBOR Plus 7.00% (Floor 1.00%), Current Coupon 8.00%, Secured Debt (Maturity—April 11, 2022)(9)	3,000	2,973	2,946		LIBOR Plus 7.00% (Floor 1.00%), Current Coupon 8.00%, Secured Debt (Maturity—April 11, 2022)(9)	3,000	2,974	2,920

RGL Reservoir Operations Inc.(11)(13)	Oil & Gas Equipment and Services					Oil & Gas Equipment and Services
		LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—August 13, 2021)(9)	3,970	3,863	2,590		LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—August 13, 2021)(9)	3,960	3,857	1,584

RLJ Entertainment, Inc.(10)	Movie and TV Programming Licensee and Distributor					Movie and TV Programming Licensee and Distributor
		LIBOR Plus 8.75% (Floor 0.25%), Current Coupon 9.00%, Secured Debt (Maturity—September 11, 2019)(9)	9,656	9,633	9,633		LIBOR Plus 8.75% (Floor 0.25%), Current Coupon 9.00%, Secured Debt (Maturity—September 11, 2019)(9)	9,455	9,449	9,449

SAExploration, Inc.(10)(13)	Geophysical Services Provider					Geophysical Services Provider
		Common Stock (6,472 shares)(8)		65	27		Common Stock (6,472 shares)		65	27

Sage Automotive Interiors, Inc(11)	Automotive Textiles Manufacturer
		LIBOR Plus 8.00% (Floor 1.00%), Current Coupon 9.00%, Secured Debt (Maturity—October 8, 2021)(9)	3,000	2,972	3,030

Salient Partners L.P.(11)	Provider of Asset Management Services
		LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—June 9, 2021)(9)	7,500	7,352	7,388

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Sage Automotive Interiors, Inc(11)						Automotive Textiles Manufacturer
							LIBOR Plus 8.00% (Floor 1.00%), Current Coupon 9.00%, Secured Debt (Maturity—October 8, 2021)(9)	3,000	2,973	2,978

Salient Partners L.P.(11)						Provider of Asset Management Services
							LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—June 9, 2021)(9)	7,500	7,356	7,387

Sotera Defense Solutions, Inc.(11)	Defense Industry Intelligence Services					Defense Industry Intelligence Services
		LIBOR Plus 7.50% (Floor 1.50%), Current Coupon 9.00%, Secured Debt (Maturity—April 21, 2017)(9)	10,194	9,879	9,480		LIBOR Plus 7.50% (Floor 1.50%), Current Coupon 9.00%, Secured Debt (Maturity—April 21, 2017)(9)	10,156	9,882	9,395

Stardust Finance Holdings, Inc.(11)	Manufacturer of Diversified Building Products					Manufacturer of Diversified Building Products
		LIBOR Plus 5.50% (Floor 1.00%), Current Coupon 6.50%, Secured Debt (Maturity—March 13, 2022)(9)	12,469	12,290	12,504		LIBOR Plus 5.50% (Floor 1.00%), Current Coupon 6.50%, Secured Debt (Maturity—March 13, 2022)(9)	12,438	12,264	12,352

Subsea Global Solutions, LLC(10)	Underwater Maintenance and Repair Services					Underwater Maintenance and Repair Services
		LIBOR Plus 6.00% (Floor 1.50%), Current Coupon 7.50%, Secured Debt (Maturity—March 17, 2020)(9)	4,560	4,503	4,503		LIBOR Plus 6.00% (Floor 1.50%), Current Coupon 7.50%, Secured Debt (Maturity—March 17, 2020)(9)	4,560	4,506	4,506

SUNE Utility Bridge Capital LLC(10)(13)						Renewable Power Developer
							LIBOR Plus 7.00%, Current Coupon 7.29%, Secured Debt (Maturity—March 30, 2016)	5,000	4,924	4,924

Synagro Infrastructure Company, Inc(11)	Waste Management Services					Waste Management Services
		LIBOR Plus 5.25% (Floor 1.00%), Current Coupon 6.25%, Secured Debt (Maturity—August 22, 2020)(9)	4,714	4,641	4,525		LIBOR Plus 5.25% (Floor 1.00%), Current Coupon 6.25%, Secured Debt (Maturity—August 22, 2020)(9)	4,714	4,644	4,337

Targus Group International(11)	Distributor of Protective Cases for Mobile Devices					Distributor of Protective Cases for Mobile Devices
		LIBOR Plus 9.50% (Floor 1.50%), Current Coupon 11.00% / 1.00% PIK, Current Coupon Plus PIK 12.00%, Secured Debt (Maturity—May 24, 2016)(9)	4,247	4,254	3,504		LIBOR Plus 9.50% (Floor 1.50%), Current Coupon 11.00% / 1.00% PIK, Current Coupon Plus PIK 12.00%, Secured Debt (Maturity—May 24, 2016)(9)	4,258	4,263	3,193

TeleGuam Holdings, LLC(11)	Cable and Telecom Services Provider
		LIBOR Plus 4.00% (Floor 1.25%), Current Coupon 5.25%, Secured Debt (Maturity—December 10, 2018)(9)	4,801	4,790	4,807
		LIBOR Plus 7.50% (Floor 1.25%), Current Coupon 8.75%, Secured Debt (Maturity—June 10, 2019)(9)	2,500	2,482	2,506

				7,272	7,313

Templar Energy LLC(11)	Oil & Gas Exploration & Production
		LIBOR Plus 7.50% (Floor 1.00%), Current Coupon 8.50%, Secured Debt (Maturity—November 25, 2020)(9)	4,000	3,959	2,958

The Tennis Channel, Inc.(10)	Television-Based Sports Broadcasting
		Warrants (114,316 equivalent shares)		235	301

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


The Topps Company, Inc.(11)	Trading Cards & Confectionary
TeleGuam Holdings, LLC(11)						Cable and Telecom Services Provider
		LIBOR Plus 6.00% (Floor 1.25%), Current Coupon 7.25%, Secured Debt (Maturity—October 2, 2018)(9)	1,970	1,956	1,940		LIBOR Plus 4.00% (Floor 1.25%), Current Coupon 5.25%, Secured Debt (Maturity—December 10, 2018)(9)	7,995	7,981	7,985
							LIBOR Plus 7.50% (Floor 1.25%), Current Coupon 8.75%, Secured Debt (Maturity—June 10, 2019)(9)	2,500	2,483	2,494
Therakos, Inc.(11)	Immune System Disease Treatment

									10,464	10,479

Templar Energy LLC(11)						Oil & Gas Exploration & Production
							LIBOR Plus 7.50% (Floor 1.00%), Current Coupon 8.50%, Secured Debt (Maturity—November 25, 2020)(9)	4,000	3,960	1,817

The Tennis Channel, Inc.(10)						Television-Based Sports Broadcasting
							Warrants (114,316 equivalent shares)		235	301

The Topps Company, Inc.(11)						Trading Cards & Confectionary
		LIBOR Plus 5.75% (Floor 1.25%), Current Coupon 7.00%, Secured Debt (Maturity—December 27, 2017)(9)	6,119	6,035	6,088		LIBOR Plus 6.00% (Floor 1.25%), Current Coupon 7.25%, Secured Debt (Maturity—October 2, 2018)(9)	1,965	1,952	1,936

TOMS Shoes, LLC(11)	Global Designer, Distributor, and Retailer of Casual Footwear					Global Designer, Distributor, and Retailer of Casual Footwear
		LIBOR Plus 5.50% (Floor 1.00%), Current Coupon 6.50%, Secured Debt (Maturity—October 30, 2020)(9)	4,988	4,533	4,624		LIBOR Plus 5.50% (Floor 1.00%), Current Coupon 6.50%, Secured Debt (Maturity—October 30, 2020)(9)	4,975	4,539	4,652

Travel Leaders Group, LLC(11)	Travel Agency Network Provider					Travel Agency Network Provider
		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—December 7, 2020)(9)	13,104	12,996	13,284		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—December 7, 2020)(9)	12,927	12,824	12,959

UniTek Global Services, Inc.(11)	Provider of Outsourced Infrastructure Services					Provider of Outsourced Infrastructure Services
		LIBOR Plus 7.50% (Floor 1.00%), Current Coupon 8.50%, Secured Debt (Maturity—January 13, 2019)(9)	2,826	2,826	2,826		LIBOR Plus 7.50% (Floor 1.00%), Current Coupon 8.50%, Secured Debt (Maturity—January 13, 2019)(9)	2,826	2,826	2,812
		LIBOR Plus 8.50% (Floor 1.00%), Current Coupon 9.50%, Secured Debt (Maturity—January 13, 2019)(9)	1,373	1,373	1,373		LIBOR Plus 8.50% (Floor 1.00%), Current Coupon 9.50%, Secured Debt (Maturity—January 13, 2019)(9)	1,376	1,376	1,370
		15% PIK Unsecured Debt (Maturity—July 13, 2019)	595	595	592		15% PIK Unsecured Debt (Maturity—July 13, 2019)	618	618	615
		Common Stock (705,054 shares)		4,935	4,935		Common Stock (705,054 shares)		—	290
							Preferred Stock (4,935,377 shares)		4,935	5,430

				9,729	9,726				9,755	10,517

Universal Fiber Systems, LLC(10)	Manufacturer of Synthetic Fibers
		LIBOR Plus 4.25% (Floor 1.00%), Current Coupon 5.25%, Secured Debt (Maturity—January 31, 2019)(9)	1,835	1,832	1,831

US Joiner Holding Company(11)	Marine Interior Design and Installation
		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—April 16, 2020)(9)	7,406	7,376	7,369

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Universal Fiber Systems, LLC(10)						Manufacturer of Synthetic Fibers
							LIBOR Plus 4.25% (Floor 1.00%), Current Coupon 5.25%, Secured Debt (Maturity—January 31, 2019)(9)	1,821	1,817	1,821

US Joiner Holding Company(11)						Marine Interior Design and Installation
							LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—April 16, 2020)(9)	7,388	7,358	7,314

Vantage Oncology, LLC(11)	Outpatient Radiation Oncology Treatment Centers					Outpatient Radiation Oncology Treatment Centers
		9.5% Secured Debt (Maturity—June 15, 2017)	12,050	11,904	11,749		9.5% Secured Debt (Maturity—June 15, 2017)	12,050	11,920	10,785

Virtex Enterprises, LP(10)	Specialty, Full-Service Provider of Complex Electronic Manufacturing Services					Specialty, Full-Service Provider of Complex Electronic Manufacturing Services
		12% Secured Debt (Maturity—December 27, 2018)	1,667	1,497	1,497		12% Secured Debt (Maturity—December 27, 2018)	1,667	1,507	1,507
		Preferred Class A Units (14 units; 5% cumulative)(8)		333	512		Preferred Class A Units (14 units; 5% cumulative)(8)		333	512
		Warrants (11 equivalent units)		186	135		Warrants (11 equivalent units)		186	135

				2,016	2,144				2,026	2,154

Vision Solutions, Inc.(11)	Provider of Information Availability Software					Provider of Information Availability Software
		LIBOR Plus 4.50% (Floor 1.50%), Current Coupon 6.00%, Secured Debt (Maturity—July 23, 2016)(9)	3,360	3,354	3,360		LIBOR Plus 8.00% (Floor 1.50%), Current Coupon 9.50%, Secured Debt (Maturity—July 23, 2017)(9)	5,000	4,984	5,000
		LIBOR Plus 8.00% (Floor 1.50%), Current Coupon 9.50%, Secured Debt (Maturity—July 23, 2017)(9)	5,000	4,977	5,053

				8,331	8,413

Western Dental Services, Inc.(11)	Dental Care Services					Dental Care Services
		LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—November 1, 2018)(9)	5,382	5,377	4,914		LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—November 1, 2018)(9)	5,355	5,351	4,699

Wilton Brands LLC(11)	Specialty Housewares Retailer					Specialty Housewares Retailer
		LIBOR Plus 6.25% (Floor 1.25%), Current Coupon 7.50%, Secured Debt (Maturity—August 30, 2018)(9)	1,615	1,596	1,573		LIBOR Plus 7.25% (Floor 1.25%), Current Coupon 8.50%, Secured Debt (Maturity—August 30, 2018)(9)	1,615	1,597	1,581

Worley Claims Services, LLC(10)	Insurance Adjustment Management and Services Provider					Insurance Adjustment Management and Services Provider
		LIBOR Plus 8.00% (Floor 1.00%), Current Coupon 9.00%, Secured Debt (Maturity—October 31, 2020)(9)	6,468	6,409	6,500		LIBOR Plus 8.00% (Floor 1.00%), Current Coupon 9.00%, Secured Debt (Maturity—October 31, 2020)(9)	6,451	6,395	6,418

Zilliant Incorporated	Price Optimization and Margin Management Solutions
		Preferred Stock (186,777 shares)		154	210
		Warrants (952,500 equivalent shares)		1,071	1,071

				1,225	1,281

Subtotal Non-Control/Non-Affiliate Investments (53.5% of total investments at fair value)				977,915	962,847

Total Portfolio Investments, June 30, 2015				1,637,608	1,790,352

Portfolio Company(1)
Business Description
Type of Investment(2)(3)
Principal(4)
Cost(4)
Fair Value

Marketable Securities and Idle Funds Investments

Medallion Financial Corp.(13)(15)

Business Development Company

Common Stock (41,501 shares)(8)
584 347

Other Marketable Securities and Idle Funds Investments(13)(15)

Investments in Marketable Securities and Diversified, Registered Bond Funds

9,676 8,503

Subtotal Marketable Securities and Idle Funds Investments (0.5% of total investments at fair value)
10,260 8,850

Total Investments, June 30, 2015
$ 1,647,868 $ 1,799,202

Portfolio Company(1)	Business Description	Type of Investment(2)(3)


YP Holdings LLC(11)	Online and Offline Advertising Operator
		LIBOR Plus 6.75% (Floor 1.25%), Current Coupon 8.00%, Secured Debt (Maturity—June 4, 2018)(9)	3,000	2,974	2,980

Zilliant Incorporated	Price Optimization and Margin Management Solutions
		Preferred Stock (186,777 shares)		154	260
		Warrants (952,500 equivalent shares)		1,071	1,190

				1,225	1,450

Subtotal Non-Control/Non-Affiliate Investments (52.2% of total investments at fair value)				1,008,980	976,912

Total Portfolio Investments, September 30, 2015				1,723,298	1,867,434

Portfolio Company(1)	Business Description	Type of Investment(2)(3)	Cost(4)		Fair Value


Marketable Securities and Idle Funds Investments

PennantPark Investment Corporation(13)(15)	Business Development Company
		Common Stock (343,149 shares)(8)		3,629		2,220

Triangle Capital Corporation(13)(15)	Business Development Company
		Common Stock (71,481 shares)(8)		1,606		1,178

Other Marketable Securities and Idle Funds Investments(13)(15)	Investments in Marketable Securities and Diversified, Registered Bond Funds
				1,406		1,185

Subtotal Marketable Securities and Idle Funds Investments (0.2% of total investments at fair value)				6,641		4,583

Total Investments, September 30, 2015			$	1,729,939	$	1,872,017

(1): All investments are Lower Middle Market portfolio investments, unless otherwise noted. See Note B for a description of Lower Middle Market portfolio investments. All of the Company's investments, unless otherwise noted, are encumbered either as security for the Company's Credit Agreement or in support of the SBA-guaranteed debentures issued by the Funds.
(2): Debt investments are income producing, unless otherwise noted. Equity and warrants are non-income producing, unless otherwise noted.
(3): See Note C for a summary of geographic location of portfolio companies.
(4): Principal is net of ~~prepayments.~~repayments. Cost is net of ~~prepayments~~repayments and accumulated unearned income.
(5): Control investments are defined by the Investment Company Act of 1940, as amended ("1940 Act") as investments in which more than 25% of the voting securities are owned or where the ability to nominate greater than 50% of the board representation is maintained.
(6): Affiliate investments are defined by the 1940 Act as investments in which between 5% and 25% of the voting securities are owned and the investments are not classified as Control investments.
(7): Non-Control/Non-Affiliate investments are defined by the 1940 Act as investments that are neither Control investments nor Affiliate investments.
(8): Income producing through dividends or distributions.
(9): Index based floating interest rate is subject to contractual minimum interest rate. Variable rate loans bear interest at a rate that may be determined by reference to either LIBOR (which can include one-, two-, three- or six-month LIBOR) or Prime, at the borrower's option, which rates reset periodically based on the terms of the loan agreement.
(10): Private Loan portfolio investment. See Note B for a description of Private Loan portfolio investments.
(11): Middle Market portfolio investment. See Note B for a description of Middle Market portfolio investments.
(12): Other Portfolio investment. See Note B for a description of Other Portfolio investments.
(13): Investment is not a qualifying asset as defined under Section 55(a) of the 1940 Act. Qualifying assets must represent at least 70% of total assets at the time of acquisition of any additional non-qualifying assets.
(14): Non-accrual and non-income producing investment.
(15): Marketable securities and idle fund investments.
(16): External Investment Manager. Investment is not encumbered as security for the Company's Credit Agreement or in support of the SBA-guaranteed debentures issued by the Funds.
(17): Maturity date is under on-going negotiations with the portfolio company and other lenders, if applicable.
(18): Portfolio company is in a bankruptcy process and, as such, the maturity date of our debt investments in this portfolio company will not be finally determined until such process is complete. As noted in footnote (14), our debt investments in this portfolio company are on non-accrual status.

MAIN STREET CAPITAL CORPORATION

Consolidated Schedule Of Investments

December 31, 2014

(in thousands)

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Control Investments(5)

ASC Interests, LLC	Recreational and Educational Shooting Facility					Recreational and Educational Shooting Facility
		11% Secured Debt (Maturity—July 31, 2018)	3,000	2,954	3,000		11% Secured Debt (Maturity—July 31, 2018)	3,000	2,954	3,000
		Member Units (1,500 units)(8)		1,500	1,970		Member Units (1,500 units)(8)		1,500	1,970

				4,454	4,970				4,454	4,970

Bond-Coat, Inc.	Casing and Tubing Coating Services
Bond-Coat, Inc.						Casing and Tubing Coating Services
		12% Secured Debt (Maturity—December 28, 2017)	13,570	13,446	13,570		12% Secured Debt (Maturity—December 28, 2017)	13,570	13,446	13,570
		Common Stock (57,508 shares)		6,350	11,210		Common Stock (57,508 shares)		6,350	11,210

				19,796	24,780				19,796	24,780

Café Brazil, LLC	Casual Restaurant Group					Casual Restaurant Group
		Member Units (1,233 units)(8)		1,742	6,980		Member Units (1,233 units)(8)		1,742	6,980

California Healthcare Medical Billing, Inc.	Outsourced Billing and Revenue Cycle Management
California Healthcare Medical Billing, Inc.						Outsourced Billing and Revenue Cycle Management
		9% Secured Debt (Maturity—October 17, 2016)	8,703	8,568	8,703		9% Secured Debt (Maturity—October 17, 2016)	8,703	8,568	8,703
		Warrants (466,947 equivalent shares)		1,193	3,480		Warrants (466,947 equivalent shares)		1,193	3,480
		Common Stock (207,789 shares)		1,177	1,460		Common Stock (207,789 shares)		1,177	1,460

				10,938	13,643				10,938	13,643

CBT Nuggets, LLC	Produces and Sells IT Training Certification Videos					Produces and Sells IT Training Certification Videos
		Member Units (416 units)(8)		1,300	27,200		Member Units (416 units)(8)		1,300	27,200

Ceres Management, LLC (Lambs Tire & Automotive)	Aftermarket Automotive Services Chain					Aftermarket Automotive Services Chain
		14% Secured Debt (Maturity—May 31, 2018)	3,916	3,916	3,916		14% Secured Debt (Maturity—May 31, 2018)	3,916	3,916	3,916
		Class B Member Units (12% cumulative)(8)		4,048	4,048		Class B Member Units (12% cumulative)(8)		4,048	4,048
		Member Units (5,460 units)		5,273	2,510		Member Units (5,460 units)		5,273	2,510
		9.5% Secured Debt (Lamb's Real Estate Investment I, LLC) (Maturity—October 1, 2025)	968	968	968		9.5% Secured Debt (Lamb's Real Estate Investment I, LLC) (Maturity—October 1, 2025)	968	968	968
		Member Units (Lamb's Real Estate Investment I, LLC) (1,000 units)(8)		625	1,240		Member Units (Lamb's Real Estate Investment I, LLC) (1,000 units)(8)		625	1,240

				14,830	12,682				14,830	12,682

Datacom, LLC	Technology and Telecommunications Provider					Technology and Telecommunications Provider
		10.5% Secured Debt (Maturity—May 31, 2019)	11,205	11,103	11,103		10.5% Secured Debt (Maturity—May 31, 2019)	11,205	11,103	11,103
		Preferred Member Units (6,453 units)		6,030	6,030		Preferred Member Units (6,453 units)		6,030	6,030

				17,133	17,133				17,133	17,133

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Garreco, LLC	Manufacturer and Supplier of Dental Products					Manufacturer and Supplier of Dental Products
		14% Secured Debt (Maturity—January 12, 2018)	5,400	5,320	5,320		14% Secured Debt (Maturity—January 12, 2018)	5,400	5,320	5,320
		Member Units (1,200 units)(8)		1,200	1,360		Member Units (1,200 units)(8)		1,200	1,360

				6,520	6,680				6,520	6,680

GRT Rubber Technologies LLC	Engineered Rubber Product Manufacturer					Engineered Rubber Product Manufacturer
		LIBOR Plus 9.00% (Floor 1.00%), Current Coupon 10.00%, Secured Debt (Maturity—December 19, 2019)(9)	16,750	16,585	16,585		LIBOR Plus 9.00% (Floor 1.00%), Current Coupon 10.00%, Secured Debt (Maturity—December 19, 2019)(9)	16,750	16,585	16,585
		Member Units (5,879 units)		13,065	13,065		Member Units (5,879 units)		13,065	13,065

				29,650	29,650				29,650	29,650

Gulf Manufacturing, LLC	Manufacturer of Specialty Fabricated Industrial Piping Products					Manufacturer of Specialty Fabricated Industrial Piping Products
		9% PIK Secured Debt (Ashland Capital IX, LLC) (Maturity—June 30, 2017)	744	744	744		9% PIK Secured Debt (Ashland Capital IX, LLC) (Maturity—June 30, 2017)	744	744	744
		Member Units (438 units)(8)		2,980	16,540		Member Units (438 units)(8)		2,980	16,540

				3,724	17,284				3,724	17,284

Harrison Hydra-Gen, Ltd.	Manufacturer of Hydraulic Generators
Harrison Hydra-Gen, Ltd.						Manufacturer of Hydraulic Generators
		12% Secured Debt (Maturity—June 4, 2015)	5,487	5,409	5,487		12% Secured Debt (Maturity—June 4, 2015)	5,487	5,409	5,487
		Preferred Stock (8% cumulative)(8)		1,260	1,260		Preferred Stock (8% cumulative)(8)		1,260	1,260
		Common Stock (105,880 shares)		718	1,830		Common Stock (105,880 shares)		718	1,830

				7,387	8,577				7,387	8,577

Hawthorne Customs and Dispatch Services, LLC	Facilitator of Import Logistics, Brokerage, and Warehousing					Facilitator of Import Logistics, Brokerage, and Warehousing
		Member Units (500 units)(8)		589	370		Member Units (500 units)(8)		589	370
		Member Units (Wallisville Real Estate, LLC) (588,210 units)(8)		1,215	2,220		Member Units (Wallisville Real Estate, LLC) (588,210 units)(8)		1,215	2,220

				1,804	2,590				1,804	2,590

Hydratec, Inc.	Designer and Installer of Micro-Irrigation Systems
Hydratec, Inc.						Designer and Installer of Micro-Irrigation Systems
		Common Stock (7,095 shares)(8)		7,095	13,720		Common Stock (7,095 shares)(8)		7,095	13,720

IDX Broker, LLC	Provider of Marketing and CRM Tools for the Real Estate Industry					Provider of Marketing and CRM Tools for the Real Estate Industry
		LIBOR Plus 6.50% (Floor 1.50%), Current Coupon 8.00%, Secured Debt (Maturity—November 18, 2018)(9)	125	125	125		LIBOR Plus 6.50% (Floor 1.50%), Current Coupon 8.00%, Secured Debt (Maturity—November 18, 2018)(9)	125	125	125
		12.5% Secured Debt (Maturity—November 18, 2018)	10,571	10,483	10,571		12.5% Secured Debt (Maturity—November 18, 2018)	10,571	10,483	10,571
		Member Units (5,029 units)		5,029	5,450		Member Units (5,029 units)		5,029	5,450

				15,637	16,146				15,637	16,146

Portfolio Company(1)	Business Description	Type of Investment(2)(3)


Impact Telecom, Inc.	Telecommunications Services Provider
		LIBOR Plus 6.50% (Floor 2.00%), Current Coupon 8.50%, Secured Debt (Maturity—May 31, 2018)(9)	1,575	1,569	1,569
		13% Secured Debt (Maturity—May 31, 2018)	22,500	15,515	15,515
		Warrants (5,516,667 equivalent shares)		8,000	4,160

				25,084	21,244

Indianapolis Aviation Partners, LLC	Fixed Base Operator
		15% Secured Debt (Maturity—January 15, 2015)	3,100	3,100	3,100
		Warrants (1,046 equivalent units)		1,129	2,540

				4,229	5,640

Jensen Jewelers of Idaho, LLC	Retail Jewelry Store
		Prime Plus 6.75% (Floor 3.25%), Current Coupon 10.00%, Secured Debt (Maturity—November 14, 2016)(9)	3,655	3,618	3,655
		Member Units (627 units)(8)		811	3,580

				4,429	7,235

Lighting Unlimited, LLC	Commercial and Residential Lighting Products and Design Services
		8% Secured Debt (Maturity—August 22, 2015)	1,550	1,550	1,550
		Preferred Equity (non-voting)		439	439
		Warrants (71 equivalent units)		54	40
		Member Units (700 units)(8)		100	360

				2,143	2,389

Marine Shelters Holdings, LLC (LoneStar Marine Shelters)	Fabricator of Marine and Industrial Shelters
		12% Secured Debt (Maturity—December 28, 2017)	10,250	10,112	10,112
		Preferred Member Units (2,669 units)		3,750	3,750

				13,862	13,862

Mid-Columbia Lumber Products, LLC	Manufacturer of Finger-Jointed Lumber Products
		10% Secured Debt (Maturity—December 18, 2017)	1,750	1,750	1,750
		12% Secured Debt (Maturity—December 18, 2017)	3,900	3,900	3,900
		Member Units (2,829 units)(8)		1,244	10,180
		9.5% Secured Debt (Mid-Columbia Real Estate, LLC) (Maturity—May 13, 2025)	927	927	927
		Member Units (Mid-Columbia Real Estate, LLC) (250 units)(8)		250	550

				8,071	17,307

Portfolio Company(1)	Business Description	Type of Investment(2)(3)


MSC Adviser I, LLC(16)	Third Party Investment Advisory Services
		Member Units (Fully diluted 100.0%)(8)		—	15,580

Mystic Logistics, Inc	Logistics and Distribution Services Provider for Large Volume Mailers
		12% Secured Debt (Maturity—August 15, 2019)	10,000	9,790	9,790
		Common Stock (5,873 shares)		2,720	2,720

				12,510	12,510

NAPCO Precast, LLC	Precast Concrete Manufacturing
		Prime Plus 2.00% (Floor 7.00%), Current Coupon 9.00%, Secured Debt (Maturity—September 1, 2015)(9)	625	615	625
		Prime Plus 2.00% (Floor 7.00%), Current Coupon 9.00%, Secured Debt (Maturity—February 1, 2016)(9)	2,923	2,915	2,923
		18% Secured Debt (Maturity—February 1, 2016)	4,468	4,440	4,468
		Member Units (2,955 units)(8)		2,975	7,560

				10,945	15,576

NRI Clinical Research, LLC	Clinical Research Service Provider
		14% Secured Debt (Maturity—September 8, 2016)	4,889	4,779	4,779
		Warrants (251,723 equivalent units)		252	160
		Member Units (671,233 units)		671	722

				5,702	5,661

NRP Jones, LLC	Manufacturer of Hoses, Fittings and Assemblies
		12% Secured Debt (Maturity—December 22, 2016)	12,100	11,590	11,590
		Warrants (14,331 equivalent units)		817	970
		Member Units (50,877 units)(8)		2,900	3,190

				15,307	15,750

OMi Holdings, Inc.	Manufacturer of Overhead Cranes
		Common Stock (1,500 shares)(8)		1,080	13,420

Pegasus Research Group, LLC (Televerde)	Provider of Telemarketing and Data Services
		Member Units (460 units)(8)		1,290	5,860

PPL RVs, Inc.	Recreational Vehicle Dealer
		11.1% Secured Debt (Maturity—June 10, 2015)	7,860	7,848	7,860
		Common Stock (1,961 shares)		2,150	8,160

				9,998	16,020

Portfolio Company(1)	Business Description	Type of Investment(2)(3)


Principle Environmental, LLC	Noise Abatement Service Provider
		12% Secured Debt (Maturity—April 30, 2017)	4,060	3,813	4,060
		12% Current / 2% PIK Secured Debt (Maturity—April 30, 2017)	3,244	3,227	3,244
		Preferred Member Units (19,631 units)		4,663	11,830
		Warrants (1,036 equivalent units)		1,200	720

				12,903	19,854

River Aggregates, LLC	Processor of Construction Aggregates
		Zero Coupon Secured Debt (Maturity—June 30, 2018)	750	468	468
		12% Secured Debt (Maturity—June 30, 2018)	500	500	500
		Member Units (1,150 units)(8)		1,150	2,570
		Member Units (RA Properties, LLC) (1,500 units)		369	369

				2,487	3,907

SoftTouch Medical Holdings LLC	Home Provider of Pediatric Durable Medical Equipment
		LIBOR Plus 9.00% (Floor 1.00%), Current Coupon 10.00%, Secured Debt (Maturity—October 31, 2019)(9)	8,500	8,417	8,417
		Member Units (4,526 units)		5,015	5,015

				13,432	13,432

Southern RV, LLC	Recreational Vehicle Dealer
		13% Secured Debt (Maturity—August 8, 2018)	11,400	11,266	11,400
		Member Units (1,680 units)(8)		1,680	4,920
		13% Secured Debt (Southern RV Real Estate, LLC) (Maturity—August 8, 2018)	3,250	3,212	3,250
		Member Units (Southern RV Real Estate, LLC) (480 units)		480	470

				16,638	20,040

The MPI Group, LLC	Manufacturer of Custom Hollow Metal Doors, Frames and Accessories
		9% Secured Debt (Maturity—October 8, 2018)	2,724	2,724	2,724
		Series A Preferred Units (2,500 units; 10% Cumulative)		2,500	980
		Warrants (1,424 equivalent units)		1,096	—
		Member Units (MPI Real Estate Holdings, LLC) (100% Fully diluted)(8)		2,300	2,300

				8,620	6,004

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Affiliate Investments(6)

AFG Capital Group, LLC	Provider of Rent-to-Own Financing Solutions and Services					Provider of Rent-to-Own Financing Solutions and Services
		11% Secured Debt (Maturity—November 7, 2019)	6,800	6,465	6,465		11% Secured Debt (Maturity—November 7, 2019)	6,800	6,465	6,465
		Warrants (42 equivalent units)		259	259		Warrants (42 equivalent units)		259	259
		Member Units (186 units)		1,200	1,200		Member Units (186 units)		1,200	1,200

				7,924	7,924				7,924	7,924

Boss Industries, LLC	Manufacturer and Distributor of Air Compressors, Auxiliary Power Units, Gas Booster Systems and Vapor Recovery Systems					Manufacturer and Distributor of Air, Power and Other Industrial Equipment
		Preferred Member Units (2,242 units)		2,000	2,000		Preferred Member Units (2,242 units)		2,000	2,000

Bridge Capital Solutions Corporation	Financial Services and Cash Flow Solutions Provider					Financial Services and Cash Flow Solutions Provider
		13% Secured Debt (Maturity—April 18, 2017)	6,000	5,837	5,837		13% Secured Debt (Maturity—April 18, 2017)	6,000	5,837	5,837
		Warrants (19 equivalent shares)		200	710		Warrants (19 equivalent shares)		200	710

				6,037	6,547				6,037	6,547

Brightwood Capital Fund III, LP(12)(13)	Investment Partnership					Investment Partnership
		LP Interests (Brightwood Capital Fund III, LP) (Fully diluted 9.1%)(8)		8,448	8,448		LP Interests (Brightwood Capital Fund III, LP) (Fully diluted 9.1%)(8)		8,448	8,448

CAI Software LLC	Provider of Specialized Enterprise Resource Planning Software					Provider of Specialized Enterprise Resource Planning Software
		12% Secured Debt (Maturity—October 10, 2019)	5,400	5,348	5,348		12% Secured Debt (Maturity—October 10, 2019)	5,400	5,348	5,348
		Member Units (65,356 units)		654	654		Member Units (65,356 units)		654	654

				6,002	6,002				6,002	6,002

Condit Exhibits, LLC	Tradeshow Exhibits / Custom Displays Provider					Tradeshow Exhibits / Custom Displays Provider
		Member Units (3,936 units)(8)		100	610		Member Units (3,936 units)(8)		100	610

Congruent Credit Opportunities Funds(12)(13)	Investment Partnership					Investment Partnership
		LP Interests (Congruent Credit Opportunities Fund II, LP) (Fully diluted 19.8%)(8)		18,575	18,378		LP Interests (Congruent Credit Opportunities Fund II, LP) (Fully diluted 19.8%)(8)		18,575	18,378
		LP Interests (Congruent Credit Opportunities Fund III, LP) (Fully diluted 17.4%)(8)		7,734	7,734		LP Interests (Congruent Credit Opportunities Fund III, LP) (Fully diluted 17.4%)(8)		7,734	7,734

				26,309	26,112				26,309	26,112

Daseke, Inc.						Specialty Transportation Provider
							12% Current / 2.5% PIK Secured Debt (Maturity—July 31, 2018)	20,723	20,403	20,723
							Common Stock (19,467 shares)		5,213	13,780

									25,616	34,503

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Daseke, Inc.	Specialty Transportation Provider
		12% Current / 2.5% PIK Secured Debt (Maturity—July 31, 2018)	20,723	20,403	20,723
		Common Stock (19,467 shares)		5,213	13,780

				25,616	34,503

Dos Rios Partners(12)(13)	Investment Partnership					Investment Partnership
		LP Interests (Dos Rios Partners, LP) (Fully diluted 20.2%)(8)		2,325	2,325		LP Interests (Dos Rios Partners, LP) (Fully diluted 20.2%)(8)		2,325	2,325
		LP Interests (Dos Rios Partners—A, LP) (Fully diluted 6.4%)(8)		738	738		LP Interests (Dos Rios Partners—A, LP) (Fully diluted 6.4%)(8)		738	738

				3,063	3,063				3,063	3,063

East Teak Fine Hardwoods, Inc.	Distributor of Hardwood Products
East Teak Fine Hardwoods, Inc.						Distributor of Hardwood Products
		Common Stock (5,000 shares)(8)		480	860		Common Stock (5,000 shares)(8)		480	860

East West Copolymer & Rubber, LLC	Manufacturer of Synthetic Rubbers					Manufacturer of Synthetic Rubbers
		12% Secured Debt (Maturity—October 17, 2019)	9,600	9,436	9,436		12% Secured Debt (Maturity—October 17, 2019)	9,600	9,436	9,436
		Warrants (1,823,278 equivalent units)		50	50		Warrants (1,823,278 equivalent units)		50	50

				9,486	9,486				9,486	9,486

Freeport Financial SBIC Fund LP(12)(13)	Investment Partnership					Investment Partnership
		LP Interests (Fully diluted 9.9%)(8)		4,677	4,677		LP Interests (Fully diluted 9.9%)(8)		4,677	4,677

Gault Financial, LLC (RMB Capital, LLC)	Purchases and Manages Liquidation of Distressed Assets					Purchases and Manages Liquidation of Distressed Assets
		10% Secured Debt (Maturity—November 21, 2016)	13,046	12,749	10,782		10% Secured Debt (Maturity—November 21, 2016)	13,046	12,749	10,782
		Warrants (29,025 equivalent units)		400	—		Warrants (29,025 equivalent units)		400	—

				13,149	10,782				13,149	10,782

Glowpoint, Inc.	Provider of Cloud Managed Video Collaboration Services
Glowpoint, Inc.						Provider of Cloud Managed Video Collaboration Services
		8% Secured Debt (Maturity—October 18, 2018)	400	396	396		8% Secured Debt (Maturity—October 18, 2018)	400	396	396
		12% Secured Debt (Maturity—October 18, 2018)	9,000	8,909	8,909		12% Secured Debt (Maturity—October 18, 2018)	9,000	8,909	8,909
		Common Stock (7,711,517 shares)		3,958	8,480		Common Stock (7,711,517 shares)		3,958	8,480

				13,263	17,785				13,263	17,785

Guerdon Modular Holdings, Inc.	Multi-Family and Commercial Modular Construction Company
Guerdon Modular Holdings, Inc.						Multi-Family and Commercial Modular Construction Company
		11% Secured Debt (Maturity—August 13, 2019)	11,200	11,044	11,044		11% Secured Debt (Maturity—August 13, 2019)	11,200	11,044	11,044
		Common Stock (213,221 shares)		2,400	2,400		Common Stock (213,221 shares)		2,400	2,400

				13,444	13,444				13,444	13,444

Houston Plating and Coatings, LLC	Provider of Plating and Industrial Coating Services					Provider of Plating and Industrial Coating Services
		Member Units (248,082 units)(8)		996	11,470		Member Units (248,082 units)(8)		996	11,470

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Indianhead Pipeline Services, LLC	Provider of Pipeline Support Services					Provider of Pipeline Support Services
		12% Secured Debt (Maturity—February 6, 2017)	6,900	6,625	6,625		12% Secured Debt (Maturity—February 6, 2017)	6,900	6,625	6,625
		Preferred Member Units (28,905 units; 8% cumulative)(8)		1,960	1,960		Preferred Member Units (28,905 units; 8% cumulative)(8)		1,960	1,960
		Warrants (38,193 equivalent units)		459	—		Warrants (38,193 equivalent units)		459	—
		Member Units (14,732 units)		1	—		Member Units (14,732 units)		1	—

				9,045	8,585				9,045	8,585

irth Solutions, LLC	Provider of Damage Prevention Information Technology Services					Provider of Damage Prevention Information Technology Services
		Member Units (128 units)(8)		624	3,960		Member Units (128 units)(8)		624	3,960

KBK Industries, LLC	Specialty Manufacturer of Oilfield and Industrial Products					Specialty Manufacturer of Oilfield and Industrial Products
		12.5% Secured Debt (Maturity—September 28, 2017)	8,250	8,198	8,250		12.5% Secured Debt (Maturity—September 28, 2017)	8,250	8,198	8,250
		Member Units (250 units)(8)		341	6,120		Member Units (250 units)(8)		341	6,120

				8,539	14,370				8,539	14,370

L.F. Manufacturing Holdings, LLC(10)	Manufacturer of Fiberglass Products					Manufacturer of Fiberglass Products
		Member Units (2,000,000 units)(8)		2,019	2,374		Member Units (2,000,000 units)(8)		2,019	2,374

MPS Denver, LLC	Specialty Card Printing					Specialty Card Printing
		Member Units (13,800 units)		1,130	1,130		Member Units (13,800 units)		1,130	1,130

OnAsset Intelligence, Inc.	Provider of Transportation Monitoring / Tracking Products and Services
OnAsset Intelligence, Inc.						Provider of Transportation Monitoring / Tracking Products and Services
		12% PIK Secured Debt (Maturity—March 31, 2015)	3,553	3,553	3,553		12% PIK Secured Debt (Maturity—March 31, 2015)	3,553	3,553	3,553
		Preferred Stock (912 shares; 7% cumulative)(8)		1,947	2,700		Preferred Stock (912 shares; 7% cumulative)(8)		1,947	2,700
		Warrants (5,333 equivalent shares)		1,919	—		Warrants (5,333 equivalent shares)		1,919	—

				7,419	6,253				7,419	6,253

OPI International Ltd.(13)	Provider of Man Camp and Industrial Storage Services					Provider of Man Camp and Industrial Storage Services
		Common Stock (20,766,317 shares)		1,371	4,971		Common Stock (20,766,317 shares)		1,371	4,971

PCI Holding Company, Inc.	Manufacturer of Industrial Gas Generating Systems
PCI Holding Company, Inc.						Manufacturer of Industrial Gas Generating Systems
		Preferred Stock (1,500,000 shares; 20% cumulative)(8)		2,259	4,430		Preferred Stock (1,500,000 shares; 20% cumulative)(8)		2,259	4,430

Quality Lease and Rental Holdings, LLC	Provider of Rigsite Accommodation Unit Rentals and Related Services
		8% Secured Debt (Maturity—October 1, 2014)(14)(18)	157	157	157
		12% Secured Debt (Maturity—January 8, 2018)(14)(18)	36,577	36,073	11,500
		Preferred Member Units (Rocaciea, LLC) (250 units)		2,500	—

				38,730	11,657

Portfolio Company(1)		Business Description	Type of Investment(2)(3)					Business Description	Type of Investment(2)(3)


Radial Drilling Services Inc.		Oil and Gas Technology Provider
Quality Lease and Rental Holdings, LLC								Provider of Rigsite Accommodation Unit Rentals and Related Services
									8% Secured Debt (Maturity—October 1, 2014)(14)(18)	157	157	157
			12% Secured Debt (Maturity—November 22, 2016)	4,200	3,792	3,792			12% Secured Debt (Maturity—January 8, 2018)(14)(18)	36,577	36,073	11,500
			Warrants (316 equivalent shares)		758	—			Preferred Member Units (Rocaciea, LLC) (250 units)		2,500	—

					4,550	3,792					38,730	11,657

Samba Holdings, Inc.		Provider of Intelligent Driver Record Monitoring Software and Services
Radial Drilling Services Inc.								Oil and Gas Technology Provider
									12% Secured Debt (Maturity—November 22, 2016)	4,200	3,792	3,792
									Warrants (316 equivalent shares)		758	—

											4,550	3,792

Samba Holdings, Inc.								Provider of Intelligent Driver Record Monitoring Software and Services
			12.5% Secured Debt (Maturity—November 17, 2016)	26,418	26,188	26,418			12.5% Secured Debt (Maturity—November 17, 2016)	26,418	26,188	26,418
			Common Stock (170,963 shares)		2,087	6,030			Common Stock (170,963 shares)		2,087	6,030

					28,275	32,448					28,275	32,448

SYNEO, LLC		Manufacturer of Automation Machines, Specialty Cutting Tools and Punches						Manufacturer of Automation Machines, Specialty Cutting Tools and Punches
			12% Secured Debt (Maturity—July 13, 2016)	2,700	2,674	2,674			12% Secured Debt (Maturity—July 13, 2016)	2,700	2,674	2,674
			Member Units (1,177 units)(8)		1,097	801			Member Units (1,177 units)(8)		1,097	801
			10% Secured Debt (Leadrock Properties, LLC) (Maturity—May 4, 2026)	1,440	1,415	1,415			10% Secured Debt (Leadrock Properties, LLC) (Maturity—May 4, 2026)	1,440	1,415	1,415

					5,186	4,890					5,186	4,890

Tin Roof Acquisition Company		Casual Restaurant Group						Casual Restaurant Group
			12% Secured Debt (Maturity—November 30, 2018)	14,100	13,861	13,861			12% Secured Debt (Maturity—November 30, 2018)	14,100	13,861	13,861
			Class C Preferred Stock (Fully diluted 10.0%; 10% cumulative)(8)		2,241	2,241			Class C Preferred Stock (Fully diluted 10.0%; 10% cumulative)(8)		2,241	2,241

					16,102	16,102					16,102	16,102

Subtotal Affiliate Investments (17.7% of total investments at fair value)	Subtotal Affiliate Investments (17.7% of total investments at fair value)				266,243	278,675	Subtotal Affiliate Investments (17.7% of total investments at fair value)				266,243	278,675

Portfolio Company(1)	Business Description	Type of Investment(2)(3)


Non-Control/Non-Affiliate Investments(7)

Accuvant Finance, LLC(11)	Cyber Security Value Added Reseller
		LIBOR Plus 4.75% (Floor 1.00%), Current Coupon 5.75%, Secured Debt (Maturity—October 22, 2020)(9)	5,597	5,546	5,583

Allflex Holdings III Inc.(11)	Manufacturer of Livestock Identification Products
		LIBOR Plus 7.00% (Floor 1.00%), Current Coupon 8.00%, Secured Debt (Maturity—July 19, 2021)(9)	6,000	5,937	5,888

AM General LLC(11)	Specialty Vehicle Manufacturer
		LIBOR Plus 9.00% (Floor 1.25%), Current Coupon 10.25%, Secured Debt (Maturity—March 22, 2018)(9)	2,550	2,496	2,282

AM3 Pinnacle Corporation(10)	Provider of Comprehensive Internet, TV and Voice Services for Multi-Dwelling Unit Properties
		10% Secured Debt (Maturity—October 22, 2018)	21,002	20,863	20,863
		Common Stock (60,240 shares)		2,000	1,840

				22,863	22,703

AmeriTech College, LLC	For-Profit Nursing and Healthcare College
		10% Secured Debt (Maturity—November 30, 2019)	979	979	979
		10% Secured Debt (Maturity—January 31, 2020)	6,050	6,050	6,050

				7,029	7,029

AMF Bowling Centers, Inc.(11)	Bowling Alley Operator
		LIBOR Plus 6.25% (Floor 1.00%), Current Coupon 7.25%, Secured Debt (Maturity—September 18, 2021)(9)	4,988	4,915	4,913

Anchor Hocking, LLC(11)	Household Products Manufacturer
		LIBOR Plus 6.50% (Floor 1.25%), Current Coupon 7.75% / 1.75% PIK, Current Coupon Plus PIK 9.50%, Secured Debt (Maturity—May 21, 2020)(9)	10,916	10,842	6,559

AP Gaming I, LLC(10)	Developer, Manufacturer, and Operator of Gaming Machines
		LIBOR Plus 8.25% (Floor 1.00%), Current Coupon 9.25%, Secured Debt (Maturity—December 20, 2020)(9)	6,930	6,744	6,930

Portfolio Company(1)
Business Description
Type of Investment(2)(3)
Principal(4)
Cost(4)
Fair Value

Non-Control/Non-Affiliate Investments(7)

Accuvant Finance, LLC(11)

Cyber Security Value Added Reseller

LIBOR Plus 4.75% (Floor 1.00%), Current Coupon 5.75%, Secured Debt (Maturity—October 22, 2020)(9)
5,597 5,546 5,583

Allflex Holdings III Inc.(11)

Manufacturer of Livestock Identification Products

LIBOR Plus 7.00% (Floor 1.00%), Current Coupon 8.00%, Secured Debt (Maturity—July 19, 2021)(9)
6,000 5,937 5,888

AM General LLC(11)

Specialty Vehicle Manufacturer

LIBOR Plus 9.00% (Floor 1.25%), Current Coupon 10.25%, Secured Debt (Maturity—March 22, 2018)(9)
2,550 2,496 2,282

AM3 Pinnacle Corporation(10)

Provider of Comprehensive Internet, TV and Voice Services for Multi- Dwelling Unit Properties

10% Secured Debt (Maturity—October 22, 2018)
21,002 20,863 20,863

Common Stock (60,240 shares)
2,000 1,840

22,863 22,703

AmeriTech College, LLC

For-Profit Nursing and Healthcare College

10% Secured Debt (Maturity—November 30, 2019)
979 979 979

10% Secured Debt (Maturity—January 31, 2020)
6,050 6,050 6,050

7,029 7,029

AMF Bowling Centers, Inc.(11)

Bowling Alley Operator

LIBOR Plus 6.25% (Floor 1.00%), Current Coupon 7.25%, Secured Debt (Maturity—September 18, 2021)(9)
4,988 4,915 4,913

Anchor Hocking, LLC(11)

Household Products Manufacturer

LIBOR Plus 6.50% (Floor 1.25%), Current Coupon 7.75% / 1.75% PIK, Current Coupon Plus PIK 9.50%, Secured Debt (Maturity—May 21, 2020)(9)
10,916 10,842 6,559

AP Gaming I, LLC(10)

Developer, Manufacturer, and Operator of Gaming Machines

LIBOR Plus 8.25% (Floor 1.00%), Current Coupon 9.25%, Secured Debt (Maturity—December 20, 2020)(9)
6,930 6,744 6,930

Portfolio Company(1)	Business Description	Type of Investment(2)(3)


Applied Products, Inc.(10)	Adhesives Distributor
		LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—September 30, 2019)(9)	6,236	6,170	6,170

Aptean, Inc.(11)	Enterprise Application Software Provider
		LIBOR Plus 4.25% (Floor 1.00%), Current Coupon 5.25%, Secured Debt (Maturity—February 26, 2020)(9)	7,667	7,642	7,450

Artel, LLC(11)	Land-Based and Commercial Satellite Provider
		LIBOR Plus 6.00% (Floor 1.25%), Current Coupon 7.25%, Secured Debt (Maturity—November 27, 2017)(9)	4,594	4,549	4,548

ATS Workholding, Inc.(10)	Manufacturer of Machine Cutting Tools and Accessories
		LIBOR Plus 7.00% (Floor 1.00%), Current Coupon 8.00%, Secured Debt (Maturity—March 10, 2019)(9)	6,558	6,506	6,506

Beers Enterprises, Inc.(10)	Provider of Broadcast Video Transport Services
		Prime Plus 7.50% (Floor 1.00%), Current Coupon 8.50%, Secured Debt (Maturity—March 19, 2019)(9)	6,263	6,210	6,210

Bioventus LLC(10)	Production of Orthopedic Healing Products
		LIBOR Plus 10.00% (Floor 1.00%), Current Coupon 11.00%, Secured Debt (Maturity—April 10, 2020)(9)	5,000	4,903	4,987

Blackbrush Oil and Gas LP(11)	Oil & Gas Exploration
		LIBOR Plus 6.50%, (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—July 30, 2021)(9)	4,000	3,971	3,320

Blackhawk Specialty Tools LLC(11)	Oilfield Equipment & Services
		LIBOR Plus 5.25% (Floor 1.25%), Current Coupon 6.50%, Secured Debt (Maturity—August 1, 2019)(9)	6,224	6,189	6,131

Blue Bird Body Company(11)	School Bus Manufacturer
		LIBOR Plus 5.50% (Floor 1.00%), Current Coupon 6.50%, Secured Debt (Maturity—June 26, 2020)(9)	11,500	11,339	11,443

Bluestem Brands, Inc.(11)	Multi-Channel Retailer of General Merchandise
		LIBOR Plus 7.50% (Floor 1.00%), Current Coupon 8.50%, Secured Debt (Maturity—November 6, 2020)(9)	7,500	7,213	7,237

Portfolio Company(1)	Business Description	Type of Investment(2)(3)


Brainworks Software, LLC(10)	Advertising Sales and Production and Newspaper Circulation Software
		LIBOR Plus 8.25% (Floor 1.00%), Current Coupon 9.25%, Secured Debt (Maturity—July 22, 2019)(9)	6,263	6,182	6,182

Brasa Holdings Inc.(11)	Upscale Full Service Restaurants
		LIBOR Plus 9.50% (Floor 1.50%), Current Coupon 11.00%, Secured Debt (Maturity—January 20, 2020)(9)	2,143	2,128	2,121

Brundage-Bone Concrete Pumping, Inc.(11)	Construction Services Provider
		10.375% Secured Debt (Maturity—September 1, 2021)	2,500	2,500	2,556

Calloway Laboratories, Inc.(10)	Health Care Testing Facilities
		12% PIK Secured Debt (Maturity—September 30, 2015)(14)	7,225	7,176	2,878
		Warrants (125,000 equivalent shares)		17	—

				7,193	2,878

Cedar Bay Generation Company LP(11)	Coal-Fired Cogeneration Plant
		LIBOR Plus 5.00% (Floor 1.25%), Current Coupon 6.25%, Secured Debt (Maturity—April 23, 2020)(9)	2,476	2,457	2,458

Cengage Learning Acquisitions, Inc.(11)	Provider of Educational Print and Digital Services
		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—March 31, 2020)(9)	4,000	3,990	3,975

CGSC of Delaware Holdings Corp.(11)(13)	Insurance Brokerage Firm
		LIBOR Plus 7.00% (Floor 1.25%), Current Coupon 8.25%, Secured Debt (Maturity—October 16, 2020)(9)	2,000	1,975	1,780

Charlotte Russe, Inc(11)	Fast-Fashion Retailer to Young Women
		LIBOR Plus 5.50% (Floor 1.25%), Current Coupon 6.75%, Secured Debt (Maturity—May 22, 2019)(9)	4,938	4,900	4,822

CHI Overhead Doors, Inc.(11)	Manufacturer of Overhead Garage Doors
		LIBOR Plus 9.50%, (Floor 1.50%), Current Coupon 11.00%, Secured Debt (Maturity—September 18, 2019)(9)	2,500	2,467	2,475

Portfolio Company(1)	Business Description	Type of Investment(2)(3)


Clarius ASIG, LLC(10)	Prints & Advertising Film Financing
		12% PIK Secured Debt (Maturity—September 14, 2014)(17)	2,723	2,663	2,723

Clarius BIGS, LLC(10)	Prints & Advertising Film Financing
		12% PIK Secured Debt (Maturity—January 5, 2015)(14)	4,400	4,285	1,848

Compact Power Equipment, Inc.	Equipment / Tool Rental
		12% Secured Debt (Maturity—October 1, 2017)	4,100	4,085	4,100
		Series A Preferred Stock (4,298,435 shares; 8% cumulative)(8)		1,079	2,401

				5,164	6,501

Covenant Surgical Partners, Inc.(11)	Ambulatory Surgical Centers
		8.75% Secured Debt (Maturity—August 1, 2019)	2,000	2,000	2,020

CRGT Inc.(11)	Provider of Custom Software Development
		LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—December 19, 2020)(9)	10,000	9,800	9,850

CST Industries Inc.(11)	Storage Tank Manufacturer
		LIBOR Plus 6.25% (Floor 1.50%), Current Coupon 7.75%, Secured Debt (Maturity—May 22, 2017)(9)	7,109	7,050	7,037

Darr Equipment LP(10)	Heavy Equipment Dealer
		11.75% Current / 2% PIK Secured Debt (Maturity—April 15, 2020)	20,291	19,676	19,676
		Warrants (915,734 equivalent units)		474	474

				20,150	20,150

Digity Media LLC(11)	Radio Station Operator
		LIBOR Plus 5.00% (Floor 1.25%), Current Coupon 6.25%, Secured Debt (Maturity—February 10, 2019)(9)	7,406	7,335	7,387

Drilling Info, Inc.	Information Services for the Oil and Gas Industry
		Common Stock (3,788,865 shares)		1,335	9,920

ECP-PF Holdings Group, Inc.(10)	Fitness Club Operator
		LIBOR Plus 9.00% (Floor 1.00%), Current Coupon 10.00%, Secured Debt (Maturity—November 26, 2019)(9)	5,625	5,570	5,570

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


EnCap Energy Fund Investments(12)(13)	Investment Partnership					Investment Partnership
		LP Interests (EnCap Energy Capital Fund VIII, L.P.) (Fully diluted 0.1%)(8)		3,430	3,240		LP Interests (EnCap Energy Capital Fund VIII, L.P.) (Fully diluted 0.1%)(8)		3,430	3,240
		LP Interests (EnCap Energy Capital Fund VIII Co-Investors, L.P.) (Fully diluted 0.4%)(8)		1,561	1,325		LP Interests (EnCap Energy Capital Fund VIII Co-Investors, L.P.) (Fully diluted 0.4%)(8)		1,561	1,325
		LP Interests (EnCap Energy Capital Fund IX, L.P.) (Fully diluted 0.1%)(8)		1,654	1,477		LP Interests (EnCap Energy Capital Fund IX, L.P.) (Fully diluted 0.1%)(8)		1,654	1,477
		LP Interests (EnCap Flatrock Midstream Fund II, L.P.) (Fully diluted 1.0%)(8)		4,586	4,567		LP Interests (EnCap Flatrock Midstream Fund II, L.P.) (Fully diluted 1.0%)(8)		4,586	4,567
		LP Interests (EnCap Flatrock Midstream Fund III, L.P.) (Fully diluted 0.8%)		184	184		LP Interests (EnCap Flatrock Midstream Fund III, L.P.) (Fully diluted 0.8%)		184	184

				11,415	10,793				11,415	10,793

Energy and Exploration Partners, LLC(11)	Oil & Gas Exploration & Production					Oil & Gas Exploration & Production
		LIBOR Plus 6.75% (Floor 1.00%), Current Coupon 7.75%, Secured Debt (Maturity—January 22, 2019)(9)	9,461	9,054	6,788		LIBOR Plus 6.75% (Floor 1.00%), Current Coupon 7.75%, Secured Debt (Maturity—January 22, 2019)(9)	9,461	9,054	6,788

e-Rewards, Inc.(11)	Provider of Digital Data Collection					Provider of Digital Data Collection
		LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—October 29, 2018)(9)	12,687	12,518	12,560		LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—October 29, 2018)(9)	12,687	12,518	12,560

Evergreen Skills Lux S.á r.l. (d/b/a Skillsoft)(11)	Technology-based Performance Support Solutions					Technology-based Performance Support Solutions
		LIBOR Plus 8.25% (Floor 1.00%), Current Coupon 9.25%, Secured Debt (Maturity—April 28, 2022)(9)	3,000	2,979	2,845		LIBOR Plus 8.25% (Floor 1.00%), Current Coupon 9.25%, Secured Debt (Maturity—April 28, 2022)(9)	3,000	2,979	2,845

FC Operating, LLC(10)	Christian Specialty Retail Stores					Christian Specialty Retail Stores
		LIBOR Plus 10.75% (Floor 1.25%), Current Coupon 12.00%, Secured Debt (Maturity—November 14, 2017)(9)	5,400	5,330	4,132		LIBOR Plus 10.75% (Floor 1.25%), Current Coupon 12.00%, Secured Debt (Maturity—November 14, 2017)(9)	5,400	5,330	4,132

FishNet Security, Inc.(11)	Information Technology Value-Added Reseller					Information Technology Value-Added Reseller
		LIBOR Plus 5.00% (Floor 1.25%), Current Coupon 6.25%, Secured Debt (Maturity—November 30, 2017)(9)	7,840	7,791	7,840		LIBOR Plus 5.00% (Floor 1.25%), Current Coupon 6.25%, Secured Debt (Maturity—November 30, 2017)(9)	7,840	7,791	7,840

Flavors Holdings Inc.(11)	Global Provider of Flavoring and Sweetening Products and Solutions					Global Provider of Flavoring and Sweetening Products and Solutions
		LIBOR Plus 5.75% (Floor 1.00%), Current Coupon 6.75%, Secured Debt (Maturity—April 30, 2020)(9)	4,938	4,746	4,728		LIBOR Plus 5.75% (Floor 1.00%), Current Coupon 6.75%, Secured Debt (Maturity—April 30, 2020)(9)	4,938	4,746	4,728

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Fram Group Holdings, Inc.(11)	Manufacturer of Automotive Maintenance Products					Manufacturer of Automotive Maintenance Products
		LIBOR Plus 5.00% (Floor 1.50%), Current Coupon 6.50%, Secured Debt (Maturity—July 29, 2017)(9)	5,935	5,928	5,907		LIBOR Plus 5.00% (Floor 1.50%), Current Coupon 6.50%, Secured Debt (Maturity—July 29, 2017)(9)	5,935	5,928	5,907
		LIBOR Plus 9.00% (Floor 1.50%), Current Coupon 10.50%, Secured Debt (Maturity—January 29, 2018)(9)	700	698	684		LIBOR Plus 9.00% (Floor 1.50%), Current Coupon 10.50%, Secured Debt (Maturity—January 29, 2018)(9)	700	698	684

				6,626	6,591				6,626	6,591

GI KBS Merger Sub LLC(11)	Outsourced Janitorial Services to Retail/Grocery Customers					Outsourced Janitorial Services to Retail/Grocery Customers
		LIBOR Plus 8.50% (Floor 1.00%), Current Coupon 9.50%, Secured Debt (Maturity—April 29, 2022)(9)	800	784	796		LIBOR Plus 8.50% (Floor 1.00%), Current Coupon 9.50%, Secured Debt (Maturity—April 29, 2022)(9)	800	784	796

Grace Hill, LLC(10)	Online Training Tools for the Multi-Family Housing Industry					Online Training Tools for the Multi-Family Housing Industry
		LIBOR Plus 6.25% (Floor 1.00%), Current Coupon 7.25%, Secured Debt (Maturity—August 15, 2019)(9)	9,546	9,436	9,436		LIBOR Plus 6.25% (Floor 1.00%), Current Coupon 7.25%, Secured Debt (Maturity—August 15, 2019)(9)	9,546	9,436	9,436

Grupo Hima San Pablo, Inc.(11)	Tertiary Care Hospitals					Tertiary Care Hospitals
		LIBOR Plus 7.00% (Floor 1.50%), Current Coupon 8.50%, Secured Debt (Maturity—January 31, 2018)(9)	4,913	4,846	4,775		LIBOR Plus 7.00% (Floor 1.50%), Current Coupon 8.50%, Secured Debt (Maturity—January 31, 2018)(9)	4,913	4,846	4,775
		13.75% Secured Debt (Maturity—July 31, 2018)	2,000	1,925	1,920		13.75% Secured Debt (Maturity—July 31, 2018)	2,000	1,925	1,920

				6,771	6,695				6,771	6,695

GST Autoleather, Inc.(11)	Automotive Leather Manufacturer					Automotive Leather Manufacturer
		LIBOR Plus 5.50% (Floor 1.00%), Current Coupon 6.50%, Secured Debt (Maturity—July 10, 2020)(9)	9,975	9,882	9,825		LIBOR Plus 5.50% (Floor 1.00%), Current Coupon 6.50%, Secured Debt (Maturity—July 10, 2020)(9)	9,975	9,882	9,825

Guitar Center, Inc.(11)	Musical Instruments Retailer					Musical Instruments Retailer
		6.5% Secured Debt (Maturity—April 15, 2019)	7,000	6,817	6,020		6.5% Secured Debt (Maturity—April 15, 2019)	7,000	6,817	6,020

Halcon Resources Corporation(11)(13)	Oil & Gas Exploration & Production					Oil & Gas Exploration & Production
		9.75% Unsecured Debt (Maturity—July 15, 2020)	6,925	6,335	5,194		9.75% Unsecured Debt (Maturity—July 15, 2020)	6,925	6,335	5,194

Hostway Corporation(11)						Managed Services and Hosting Provider
							LIBOR Plus 4.75% (Floor 1.25%), Current Coupon 6.00%, Secured Debt (Maturity—December 13, 2019)(9)	9,750	9,671	9,652
							LIBOR Plus 8.75% (Floor 1.25%), Current Coupon 10.00%, Secured Debt (Maturity—December 11, 2020)(9)	5,000	4,917	4,950

									14,588	14,602

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Hostway Corporation(11)	Managed Services and Hosting Provider
		LIBOR Plus 4.75% (Floor 1.25%), Current Coupon 6.00%, Secured Debt (Maturity—December 13, 2019)(9)	9,750	9,671	9,652
		LIBOR Plus 8.75% (Floor 1.25%), Current Coupon 10.00%, Secured Debt (Maturity—December 11, 2020)(9)	5,000	4,917	4,950

				14,588	14,602

Hunter Defense Technologies, Inc.(11)	Provider of Military and Commercial Shelters and Systems					Provider of Military and Commercial Shelters and Systems
		LIBOR Plus 5.50% (Floor 1.00%), Current Coupon 6.50%, Secured Debt (Maturity—August 5, 2019)(9)	9,875	9,783	9,752		LIBOR Plus 5.50% (Floor 1.00%), Current Coupon 6.50%, Secured Debt (Maturity—August 5, 2019)(9)	9,875	9,783	9,752

ICON Health & Fitness, Inc.(11)	Producer of Fitness Products					Producer of Fitness Products
		11.875% Secured Debt (Maturity—October 15, 2016)	4,385	4,323	4,122		11.875% Secured Debt (Maturity—October 15, 2016)	4,385	4,323	4,122

iEnergizer Limited(11)(13)	Provider of Business Outsourcing Solutions					Provider of Business Outsourcing Solutions
		LIBOR Plus 6.00% (Floor 1.25%), Current Coupon 7.25%, Secured Debt (Maturity—May 1, 2019)(9)	10,029	9,905	9,277		LIBOR Plus 6.00% (Floor 1.25%), Current Coupon 7.25%, Secured Debt (Maturity—May 1, 2019)(9)	10,029	9,905	9,277

Infinity Acquisition Finance Corp.(11)	Application Software for Capital Markets					Application Software for Capital Markets
		7.25% Unsecured Debt (Maturity—August 1, 2022)	4,000	4,000	3,620		7.25% Unsecured Debt (Maturity—August 1, 2022)	4,000	4,000	3,620

Inn of the Mountain Gods Resort and Casino(11)	Hotel & Casino Owner & Operator					Hotel & Casino Owner & Operator
		9.25% Secured Debt (Maturity—November 30, 2020)	3,851	3,687	3,697		9.25% Secured Debt (Maturity—November 30, 2020)	3,851	3,687	3,697

iQor US Inc.(11)	Business Process Outsourcing Services Provider					Business Process Outsourcing Services Provider
		LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—April 1, 2021)(9)	9,987	9,789	9,288		LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—April 1, 2021)(9)	9,987	9,789	9,288

Jackson Hewitt Tax Service Inc.(11)	Tax Preparation Service Provider					Tax Preparation Service Provider
		LIBOR Plus 8.50% (Floor 1.50%), Current Coupon 10.00%, Secured Debt (Maturity—October 16, 2017)(9)	4,509	4,396	4,509		LIBOR Plus 8.50% (Floor 1.50%), Current Coupon 10.00%, Secured Debt (Maturity—October 16, 2017)(9)	4,509	4,396	4,509

Joerns Healthcare, LLC(11)	Manufacturer and Distributor of Health Care Equipment & Supplies					Manufacturer and Distributor of Health Care Equipment & Supplies
		LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—May 9, 2020)(9)	9,950	9,853	9,838		LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—May 9, 2020)(9)	9,950	9,853	9,838

John Deere Landscapes LLC(10)						Distributor of Landscaping Supplies
							LIBOR Plus 4.00% (Floor 1.00%), Current Coupon 5.00%, Secured Debt (Maturity—December 23, 2019)(9)	8,573	8,193	8,193

Keypoint Government Solutions, Inc.(11)						Provider of Pre-Employment Screening Services
							LIBOR Plus 6.50% (Floor 1.25%), Current Coupon 7.75%, Secured Debt (Maturity—November 13, 2017)(9)	4,726	4,668	4,702

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


John Deere Landscapes LLC(10)	Distributor of Landscaping Supplies
		LIBOR Plus 4.00% (Floor 1.00%), Current Coupon 5.00%, Secured Debt (Maturity—December 23, 2019)(9)	8,573	8,193	8,193

Keypoint Government Solutions, Inc.(11)	Provider of Pre-Employment Screening Services
		LIBOR Plus 6.50% (Floor 1.25%), Current Coupon 7.75%, Secured Debt (Maturity—November 13, 2017)(9)	4,726	4,668	4,702

Lansing Trade Group LLC(11)	Commodity Merchandiser					Commodity Merchandiser
		9.25% Unsecured Debt (Maturity—February 15, 2019)	6,000	6,000	5,610		9.25% Unsecured Debt (Maturity—February 15, 2019)	6,000	6,000	5,610

Larchmont Resources, LLC(11)	Oil & Gas Exploration & Production					Oil & Gas Exploration & Production
		LIBOR Plus 7.25% (Floor 1.00%), Current Coupon 8.25%, Secured Debt (Maturity—August 7, 2019)(9)	6,895	6,842	6,636		LIBOR Plus 7.25% (Floor 1.00%), Current Coupon 8.25%, Secured Debt (Maturity—August 7, 2019)(9)	6,895	6,842	6,636

LKCM Distribution Holdings, L.P.	Distributor of Industrial Process Equipment					Distributor of Industrial Process Equipment
		12% Current / 2.5% PIK Secured Debt (Maturity— December 23, 2018)	16,417	16,278	16,417		12% Current / 2.5% PIK Secured Debt (Maturity— December 23, 2018)	16,417	16,278	16,417

LKCM Headwater Investments I, L.P.(12)(13)	Investment Partnership					Investment Partnership
		LP Interests (Fully diluted 2.3%)(8)		2,250	5,764		LP Interests (Fully diluted 2.3%)(8)		2,250	5,764

MAH Merger Corporation(11)	Sports-Themed Casual Dining Chain					Sports-Themed Casual Dining Chain
		LIBOR Plus 4.50% (Floor 1.25%), Current Coupon 5.75%, Secured Debt (Maturity—July 19, 2019)(9)	7,258	7,198	7,276		LIBOR Plus 4.50% (Floor 1.25%), Current Coupon 5.75%, Secured Debt (Maturity—July 19, 2019)(9)	7,258	7,198	7,276

MediMedia USA, Inc.(11)	Provider of Healthcare Media and Marketing					Provider of Healthcare Media and Marketing
		LIBOR Plus 6.75% (Floor 1.25%), Current Coupon 8.00%, Secured Debt (Maturity—November 20, 2018)(9)	5,411	5,292	5,289		LIBOR Plus 6.75% (Floor 1.25%), Current Coupon 8.00%, Secured Debt (Maturity—November 20, 2018)(9)	5,411	5,292	5,289

Messenger, LLC(10)	Supplier of Specialty Stationary and Related Products to the Funeral Industry					Supplier of Specialty Stationary and Related Products to the Funeral Industry
		LIBOR Plus 7.50% (Floor 1.00%), Current Coupon 8.50%, Secured Debt (Maturity— December 5, 2019)(9)	13,639	13,518	13,518		LIBOR Plus 7.50% (Floor 1.00%), Current Coupon 8.50%, Secured Debt (Maturity—December 5, 2019)(9)	13,639	13,518	13,518

Milk Specialties Company(11)						Processor of Nutrition Products
							LIBOR Plus 6.25% (Floor 1.25%), Current Coupon 7.50%, Secured Debt (Maturity—November 9, 2018)(9)	7,847	7,806	7,670

Minute Key, Inc.						Operator of Automated Key Duplication Kiosks
							10% Current / 2% PIK Secured Debt (Maturity—September 19, 2019)	4,023	3,985	3,985

Miramax Film NY, LLC(11)						Motion Picture Producer and Distributor
							Class B Units (12% cumulative)(8)		792	792

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Milk Specialties Company(11)	Processor of Nutrition Products
		LIBOR Plus 6.25% (Floor 1.25%), Current Coupon 7.50%, Secured Debt (Maturity—November 9, 2018)(9)	7,847	7,806	7,670

Minute Key, Inc.	Operator of Automated Key Duplication Kiosks
		10% Current / 2% PIK Secured Debt (Maturity—September 19, 2019)	4,023	3,985	3,985

Miramax Film NY, LLC(11)	Motion Picture Producer and Distributor
		Class B Units (12% cumulative)(8)		792	792

Modern VideoFilm, Inc.(10)	Post-Production Film Studio					Post-Production Film Studio
		LIBOR Plus 3.50% (Floor 1.50%), Current Coupon 5.00% / 8.50% PIK, Current Coupon Plus PIK 13.50%, Secured Debt (Maturity— September 25, 2017)(9)(14)	6,302	6,119	1,954		LIBOR Plus 3.50% (Floor 1.50%), Current Coupon 5.00% / 8.50% PIK, Current Coupon Plus PIK 13.50%, Secured Debt (Maturity—September 25, 2017)(9)(14)	6,302	6,119	1,954
		Warrants (1,375 equivalent shares)		151	1		Warrants (1,375 equivalent shares)		151	1

				6,270	1,955				6,270	1,955

Mood Media Corporation(11)(13)	Provider of Electronic Equipment					Provider of Electronic Equipment
		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—May 1, 2019)(9)	12,193	12,053	11,964		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—May 1, 2019)(9)	12,193	12,053	11,964

MP Assets Corporation(11)	Manufacturer of Battery Components					Manufacturer of Battery Components
		LIBOR Plus 4.50% (Floor 1.00%), Current Coupon 5.50%, Secured Debt (Maturity—December 19, 2019)(9)	4,416	4,378	4,394		LIBOR Plus 4.50% (Floor 1.00%), Current Coupon 5.50%, Secured Debt (Maturity—December 19, 2019)(9)	4,416	4,378	4,394

New Media Holdings II LLC(11)(13)	Local Newspaper Operator					Local Newspaper Operator
		LIBOR Plus 6.25% (Floor 1.00%), Current Coupon 7.25%, Secured Debt (Maturity—June 4, 2020)(9)	14,925	14,649	14,776		LIBOR Plus 6.25% (Floor 1.00%), Current Coupon 7.25%, Secured Debt (Maturity—June 4, 2020)(9)	14,925	14,649	14,776

Nice-Pak Products, Inc.(11)	Pre-Moistened Wipes Manufacturer					Pre-Moistened Wipes Manufacturer
		LIBOR Plus 6.00% (Floor 1.50%), Current Coupon 7.50%, Secured Debt (Maturity—June 18, 2015)(9)	12,541	12,518	12,478		LIBOR Plus 6.00% (Floor 1.50%), Current Coupon 7.50%, Secured Debt (Maturity—June 18, 2015)(9)	12,541	12,518	12,478

North Atlantic Trading Company, Inc.(11)	Marketer/Distributor of Tobacco Products					Marketer/Distributor of Tobacco Products
		LIBOR Plus 6.50% (Floor 1.25%), Current Coupon 7.75%, Secured Debt (Maturity—January 13, 2020)(9)	7,426	7,361	7,305		LIBOR Plus 6.50% (Floor 1.25%), Current Coupon 7.75%, Secured Debt (Maturity—January 13, 2020)(9)	7,426	7,361	7,305

Novitex Intermediate, LLC(11)						Provider of Document Management Services
							LIBOR Plus 6.25% (Floor 1.25%), Current Coupon 7.50%, Secured Debt (Maturity—July 7, 2020)(9)	5,985	5,929	5,746

Ospemifene Royalty Sub LLC (QuatRx)(10)						Estrogen-Deficiency Drug Manufacturer and Distributor
							11.5% Secured Debt (Maturity—November 15, 2026)	5,205	5,205	5,205

Panolam Industries International, Inc.(11)						Decorative Laminate Manufacturer
							LIBOR Plus 6.50% (Floor 1.25%), Current Coupon 7.75%, Secured Debt (Maturity—August 23, 2017)(9)	6,994	6,949	6,889

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Novitex Intermediate, LLC(11)	Provider of Document Management Services
		LIBOR Plus 6.25% (Floor 1.25%), Current Coupon 7.50%, Secured Debt (Maturity—July 7, 2020)(9)	5,985	5,929	5,746

Ospemifene Royalty Sub LLC (QuatRx)(10)	Estrogen-Deficiency Drug Manufacturer and Distributor
		11.5% Secured Debt (Maturity—November 15, 2026)	5,205	5,205	5,205

Panolam Industries International, Inc.(11)	Decorative Laminate Manufacturer
		LIBOR Plus 6.50% (Floor 1.25%), Current Coupon 7.75%, Secured Debt (Maturity—August 23, 2017)(9)	6,994	6,949	6,889

Parq Holdings Limited Partnership(11)(13)	Hotel & Casino Operator					Hotel & Casino Operator
		LIBOR Plus 7.50% (Floor 1.00%), Current Coupon 8.50%, Secured Debt (Maturity—December 17, 2020)(9)	6,226	6,078	6,108		LIBOR Plus 7.50% (Floor 1.00%), Current Coupon 8.50%, Secured Debt (Maturity—December 17, 2020)(9)	6,226	6,078	6,108

Permian Holdings, Inc.(11)	Storage Tank Manufacturer					Storage Tank Manufacturer
		10.5% Secured Debt (Maturity—January 15, 2018)	2,755	2,728	2,066		10.5% Secured Debt (Maturity—January 15, 2018)	2,755	2,728	2,066

Pernix Therapeutics Holdings, Inc.(10)(13)	Pharmaceutical Royalty— Anti-Migraine					Pharmaceutical Royalty— Anti-Migraine
		12% Secured Debt (Maturity—August 1, 2020)	4,000	4,000	4,000		12% Secured Debt (Maturity—August 1, 2020)	4,000	4,000	4,000

PeroxyChem LLC(11)	Chemical Manufacturer					Chemical Manufacturer
		LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—February 28, 2020)(9)	8,933	8,774	8,843		LIBOR Plus 6.50% (Floor 1.00%), Current Coupon 7.50%, Secured Debt (Maturity—February 28, 2020)(9)	8,933	8,774	8,843

Philadelphia Energy Solutions Refining and Marketing LLC(11)	Oil & Gas Refiner					Oil & Gas Refiner
		LIBOR Plus 5.00% (Floor 1.25%), Current Coupon 6.25%, Secured Debt (Maturity—April 4, 2018)(9)	2,948	2,917	2,785		LIBOR Plus 5.00% (Floor 1.25%), Current Coupon 6.25%, Secured Debt (Maturity—April 4, 2018)(9)	2,948	2,917	2,785

Pike Corporation(11)	Construction and Maintenance Services for Electric Transmission and Distribution Infrastructure					Construction and Maintenance Services for Electric Transmission and Distribution Infrastructure
		LIBOR Plus 8.50% (Floor 1.00%), Current Coupon 9.50%, Secured Debt (Maturity—June 22, 2022)(9)	15,000	14,628	14,825		LIBOR Plus 8.50% (Floor 1.00%), Current Coupon 9.50%, Secured Debt (Maturity—June 22, 2022)(9)	15,000	14,628	14,825

Polyconcept Financial B.V.(11)						Promotional Products to Corporations and Consumers
							LIBOR Plus 4.75% (Floor 1.25%), Current Coupon 6.00%, Secured Debt (Maturity—June 28, 2019)(9)	4,325	4,311	4,309

Primesight Limited(10)(13)						Outdoor Advertising Operator
							10% Secured Debt (Maturity—October 22, 2016)	8,869	8,806	8,284

Printpack Holdings, Inc.(11)						Manufacturer of Flexible and Rigid Packaging
							LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—May 29, 2020)(9)	5,468	5,417	5,450

PT Network, LLC(10)						Provider of Outpatient Physical Therapy and Sports Medicine Services
							LIBOR Plus 7.00% (Floor 1.50%), Current Coupon 8.50%, Secured Debt (Maturity—November 1, 2018)(9)	11,946	11,828	11,828

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Polyconcept Financial B.V.(11)	Promotional Products to Corporations and Consumers
		LIBOR Plus 4.75% (Floor 1.25%), Current Coupon 6.00%, Secured Debt (Maturity—June 28, 2019)(9)	4,325	4,311	4,309

Primesight Limited(10)(13)	Outdoor Advertising Operator
		10% Secured Debt (Maturity—October 22, 2016)	8,869	8,806	8,284

Printpack Holdings, Inc.(11)	Manufacturer of Flexible and Rigid Packaging
		LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—May 29, 2020)(9)	5,468	5,417	5,450

PT Network, LLC(10)	Provider of Outpatient Physical Therapy and Sports Medicine Services
		LIBOR Plus 7.00% (Floor 1.50%), Current Coupon 8.50%, Secured Debt (Maturity—November 1, 2018)(9)	11,946	11,828	11,828

QBS Parent, Inc.(11)	Provider of Software and Services to the Oil & Gas Industry					Provider of Software and Services to the Oil & Gas Industry
		LIBOR Plus 4.75% (Floor 1.00%), Current Coupon 5.75%, Secured Debt (Maturity—August 7, 2021)(9)	10,000	9,905	9,825		LIBOR Plus 4.75% (Floor 1.00%), Current Coupon 5.75%, Secured Debt (Maturity—August 7, 2021)(9)	10,000	9,905	9,825

RCHP, Inc.(11)	Regional Non-Urban Hospital Owner/Operator					Regional Non-Urban Hospital Owner/Operator
		LIBOR Plus 9.50% (Floor 1.00%), Current Coupon 10.50%, Secured Debt (Maturity—October 23, 2019)(9)	4,000	3,945	3,990		LIBOR Plus 9.50% (Floor 1.00%), Current Coupon 10.50%, Secured Debt (Maturity—October 23, 2019)(9)	4,000	3,945	3,990

Recorded Books Inc.(11)	Audiobook and Digital Content Publisher					Audiobook and Digital Content Publisher
		LIBOR Plus 4.25% (Floor 1.00%), Current Coupon 5.25%, Secured Debt (Maturity—January 31, 2020)(9)	12,031	11,925	11,941		LIBOR Plus 4.25% (Floor 1.00%), Current Coupon 5.25%, Secured Debt (Maturity—January 31, 2020)(9)	12,031	11,925	11,941

Relativity Media, LLC(10)	Full-Scale Film and Television Production and Distribution					Full-Scale Film and Television Production and Distribution
		10% Secured Debt (Maturity—May 30, 2015)	5,787	5,772	5,801		10% Secured Debt (Maturity—May 30, 2015)	5,787	5,772	5,801
		15% PIK Secured Debt (Maturity—May 30, 2015)	7,410	7,347	7,558		15% PIK Secured Debt (Maturity—May 30, 2015)	7,410	7,347	7,558
		Class A Units (260,194 units)		292	1,086		Class A Units (260,194 units)		292	1,086

				13,411	14,445				13,411	14,445

Renaissance Learning, Inc.(11)						Technology-based K-12 Learning Solutions
							LIBOR Plus 7.00% (Floor 1.00%), Current Coupon 8.00%, Secured Debt (Maturity—April 11, 2022)(9)	3,000	2,972	2,880

RGL Reservoir Operations Inc.(11)(13)						Oil & Gas Equipment and Services
							LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—August 13, 2021)(9)	3,990	3,876	3,219

RLJ Entertainment, Inc.(10)						Movie and TV Programming Licensee and Distributor
							LIBOR Plus 8.75% (Floor 0.25%), Current Coupon 9.00%, Secured Debt (Maturity—September 11, 2019)(9)	11,399	11,318	11,318

SAExploration, Inc.(10)(13)						Geophysical Services Provider
							Common Stock (6,472 shares)(8)		65	27

Sage Automotive Interiors, Inc(11)						Automotive Textiles Manufacturer
							LIBOR Plus 8.00% (Floor 1.00%), Current Coupon 9.00%, Secured Debt (Maturity—October 8, 2021)(9)	3,000	2,971	2,985

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Renaissance Learning, Inc.(11)	Technology-based K-12 Learning Solutions
		LIBOR Plus 7.00% (Floor 1.00%), Current Coupon 8.00%, Secured Debt (Maturity—April 11, 2022)(9)	3,000	2,972	2,880

RGL Reservoir Operations Inc.(11)(13)	Oil & Gas Equipment and Services
		LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—August 13, 2021)(9)	3,990	3,876	3,219

RLJ Entertainment, Inc.(10)	Movie and TV Programming Licensee and Distributor
		LIBOR Plus 8.75% (Floor 0.25%), Current Coupon 9.00%, Secured Debt (Maturity—September 11, 2019)(9)	11,399	11,318	11,318

SAExploration, Inc.(10)(13)	Geophysical Services Provider
		Common Stock (6,472 shares)(8)		65	27

Sage Automotive Interiors, Inc(11)	Automotive Textiles Manufacturer
		LIBOR Plus 8.00% (Floor 1.00%), Current Coupon 9.00%, Secured Debt (Maturity—October 8, 2021)(9)	3,000	2,971	2,985

Sagittarius Restaurants LLC (d/b/a Del Taco)(11)	Mexican / American QSR Restaurant Chain					Mexican/American QSR Restaurant Chain
		LIBOR Plus 4.50% (Floor 1.00%), Current Coupon 5.50%, Secured Debt (Maturity—October 1, 2018)(9)	4,591	4,572	4,562		LIBOR Plus 4.50% (Floor 1.00%), Current Coupon 5.50%, Secured Debt (Maturity—October 1, 2018)(9)	4,591	4,572	4,562

SCE Partners, LLC(10)	Hotel & Casino Operator					Hotel & Casino Operator
		LIBOR Plus 7.25% (Floor 1.00%), Current Coupon 8.25%, Secured Debt (Maturity—August 14, 2019)(9)	7,481	7,421	7,519		LIBOR Plus 7.25% (Floor 1.00%), Current Coupon 8.25%, Secured Debt (Maturity—August 14, 2019)(9)	7,481	7,421	7,519

Sotera Defense Solutions, Inc.(11)	Defense Industry Intelligence Services					Defense Industry Intelligence Services
		LIBOR Plus 7.50% (Floor 1.50%), Current Coupon 9.00%, Secured Debt (Maturity—April 21, 2017)(9)	10,984	10,564	10,160		LIBOR Plus 7.50% (Floor 1.50%), Current Coupon 9.00%, Secured Debt (Maturity—April 21, 2017)(9)	10,984	10,564	10,160

Symphony Teleca Services, Inc.(11)	Outsourced Product Development					Outsourced Product Development
		LIBOR Plus 4.75% (Floor 1.00%), Current Coupon 5.75%, Secured Debt (Maturity—August 7, 2019)(9)	14,000	13,870	13,930		LIBOR Plus 4.75% (Floor 1.00%), Current Coupon 5.75%, Secured Debt (Maturity—August 7, 2019)(9)	14,000	13,870	13,930

Synagro Infrastructure Company, Inc(11)						Waste Management Services
							LIBOR Plus 5.25% (Floor 1.00%), Current Coupon 6.25%, Secured Debt (Maturity—August 22, 2020)(9)	6,913	6,798	6,822

Targus Group International(11)						Distributor of Protective Cases for Mobile Devices
							LIBOR Plus 9.50% (Floor 1.50%), Current Coupon 11.00% / 1.00% PIK, Current Coupon Plus PIK 12.00%, Secured Debt (Maturity—May 24, 2016)(9)	4,288	4,299	3,495

TeleGuam Holdings, LLC(11)						Cable and Telecom Services Provider
							LIBOR Plus 4.00% (Floor 1.25%), Current Coupon 5.25%, Secured Debt (Maturity—December 10, 2018)(9)	6,830	6,813	6,796
							LIBOR Plus 7.50% (Floor 1.25%), Current Coupon 8.75%, Secured Debt (Maturity—June 10, 2019)(9)	2,500	2,480	2,512

									9,293	9,308

Templar Energy LLC(11)						Oil & Gas Exploration & Production
							LIBOR Plus 7.50% (Floor 1.00%), Current Coupon 8.50%, Secured Debt (Maturity—November 25, 2020)(9)	5,000	4,945	3,615

The Tennis Channel, Inc.(10)						Television-Based Sports Broadcasting
							Warrants (114,316 equivalent shares)		235	301

Portfolio Company(1)	Business Description	Type of Investment(2)(3)				Business Description	Type of Investment(2)(3)


Synagro Infrastructure Company, Inc(11)	Waste Management Services
		LIBOR Plus 5.25% (Floor 1.00%), Current Coupon 6.25%, Secured Debt (Maturity—August 22, 2020)(9)	6,913	6,798	6,822

Targus Group International(11)	Distributor of Protective Cases for Mobile Devices
		LIBOR Plus 9.50% (Floor 1.50%), Current Coupon 11.00% / 1.00% PIK, Current Coupon Plus PIK 12.00%, Secured Debt (Maturity—May 24, 2016)(9)	4,288	4,299	3,495

TeleGuam Holdings, LLC(11)	Cable and Telecom Services Provider
		LIBOR Plus 4.00% (Floor 1.25%), Current Coupon 5.25%, Secured Debt (Maturity—December 10, 2018)(9)	6,830	6,813	6,796
		LIBOR Plus 7.50% (Floor 1.25%), Current Coupon 8.75%, Secured Debt (Maturity—June 10, 2019)(9)	2,500	2,480	2,512

				9,293	9,308

Templar Energy LLC(11)	Oil & Gas Exploration & Production
		LIBOR Plus 7.50% (Floor 1.00%), Current Coupon 8.50%, Secured Debt (Maturity—November 25, 2020)(9)	5,000	4,945	3,615

The Tennis Channel, Inc.(10)	Television-Based Sports Broadcasting
		Warrants (114,316 equivalent shares)		235	301

The Topps Company, Inc.(11)	Trading Cards & Confectionary					Trading Cards & Confectionary
		LIBOR Plus 6.00% (Floor 1.25%), Current Coupon 7.25%, Secured Debt (Maturity—October 2, 2018)(9)	1,980	1,964	1,930		LIBOR Plus 6.00% (Floor 1.25%), Current Coupon 7.25%, Secured Debt (Maturity—October 2, 2018)(9)	1,980	1,964	1,930

Therakos, Inc.(11)	Immune System Disease Treatment					Immune System Disease Treatment
		LIBOR Plus 5.75% (Floor 1.25%), Current Coupon 7.00%, Secured Debt (Maturity—December 27, 2017)(9)	6,278	6,178	6,255		LIBOR Plus 5.75% (Floor 1.25%), Current Coupon 7.00%, Secured Debt (Maturity—December 27, 2017)(9)	6,278	6,178	6,255

TOMS Shoes, LLC(11)	Global Designer, Distributor, and Retailer of Casual Footwear					Global Designer, Distributor, and Retailer of Casual Footwear
		LIBOR Plus 5.50% (Floor 1.00%), Current Coupon 6.50%, Secured Debt (Maturity—October 30, 2020)(9)	5,000	4,511	4,625		LIBOR Plus 5.50% (Floor 1.00%), Current Coupon 6.50%, Secured Debt (Maturity—October 30, 2020)(9)	5,000	4,511	4,625

Travel Leaders Group, LLC(11)						Travel Agency Network Provider
							LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—December 5, 2018)(9)	12,445	12,305	12,445

UniTek Global Services, Inc.(11)						Provider of Outsourced Infrastructure Services
							LIBOR Plus 9.50% (Floor 1.50%), Current Coupon 11.00% / 4.00% PIK, Current Coupon Plus PIK 15.00%, Secured Debt (Maturity—April 15, 2018)(9)(14)	10,776	10,173	7,942
							5% Current / 2.25% PIK Secured Debt (Maturity—August 13, 2019)(14)	640	640	640
							Warrants (267,302 equivalent shares)		449	—

									11,262	8,582

Universal Fiber Systems, LLC(10)						Manufacturer of Synthetic Fibers
							LIBOR Plus 4.25% (Floor 1.00%), Current Coupon 5.25%, Secured Debt (Maturity—January 31, 2019)(9)	5,094	5,084	5,082

Universal Wellhead Services Holdings, LLC(10)						Provider of Wellhead Equipment, Designs, and Personnel to the Oil & Gas Industry
							Class A Units (4,000,000 units)		4,000	4,000

US Joiner Holding Company(11)						Marine Interior Design and Installation
							LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—April 16, 2020)(9)	7,444	7,410	7,332

Portfolio Company(1)	Business Description	Type of Investment(2)(3)					Business Description	Type of Investment(2)(3)


Travel Leaders Group, LLC(11)	Travel Agency Network Provider
		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—December 5, 2018)(9)	12,445	12,305	12,445

UniTek Global Services, Inc.(11)	Provider of Outsourced Infrastructure Services
		LIBOR Plus 9.50% (Floor 1.50%), Current Coupon 11.00% / 4.00% PIK, Current Coupon Plus PIK 15.00%, Secured Debt (Maturity—April 15, 2018)(9)(14)	10,776	10,173	7,942
		5% Current / 2.25% PIK Secured Debt (Maturity—August 13, 2019)(14)	640	640	640
		Warrants (267,302 equivalent shares)		449	—

				11,262	8,582

Universal Fiber Systems, LLC(10)	Manufacturer of Synthetic Fibers
		LIBOR Plus 4.25% (Floor 1.00%), Current Coupon 5.25%, Secured Debt (Maturity—January 31, 2019)(9)	5,094	5,084	5,082

Universal Wellhead Services Holdings, LLC(10)	Provider of Wellhead Equipment, Designs, and Personnel to the Oil & Gas Industry
		Class A Units (4,000,000 units)		4,000	4,000

US Joiner Holding Company(11)	Marine Interior Design and Installation
		LIBOR Plus 6.00% (Floor 1.00%), Current Coupon 7.00%, Secured Debt (Maturity—April 16, 2020)(9)	7,444	7,410	7,332

Vantage Oncology, LLC(11)	Outpatient Radiation Oncology Treatment Centers						Outpatient Radiation Oncology Treatment Centers
		9.5% Secured Debt (Maturity—June 5, 2017)	7,000	7,000	6,790			9.5% Secured Debt (Maturity—June 5, 2017)	7,000	7,000	6,790

Virtex Enterprises, LP(10)	Specialty, Full-Service Provider of Complex Electronic Manufacturing Services						Specialty, Full-Service Provider of Complex Electronic Manufacturing Services
		12% Secured Debt (Maturity—December 27, 2018)	1,667	1,479	1,479			12% Secured Debt (Maturity—December 27, 2018)	1,667	1,479	1,479
		Preferred Class A Units (14 units; 5% cumulative)(8)		344	344			Preferred Class A Units (14 units; 5% cumulative)(8)		344	344
		Warrants (11 equivalent units)		186	186			Warrants (11 equivalent units)		186	186

				2,009	2,009					2,009	2,009

Vision Solutions, Inc.(11)	Provider of Information Availability Software						Provider of Information Availability Software
		LIBOR Plus 8.00% (Floor 1.50%), Current Coupon 9.50%, Secured Debt (Maturity—July 23, 2017)(9)	5,000	4,941	4,872			LIBOR Plus 8.00% (Floor 1.50%), Current Coupon 9.50%, Secured Debt (Maturity—July 23, 2017)(9)	5,000	4,941	4,872

Western Dental Services, Inc.(11)							Dental Care Services
								LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—November 1, 2018)(9)	5,395	5,391	5,153

Wilton Brands LLC(11)							Specialty Housewares Retailer
								LIBOR Plus 6.25% (Floor 1.25%), Current Coupon 7.50%, Secured Debt (Maturity—August 30, 2018)(9)	1,750	1,727	1,636

Worley Claims Services, LLC(10)							Insurance Adjustment Management and Services Provider
								LIBOR Plus 8.00% (Floor 1.00%), Current Coupon 9.00%, Secured Debt (Maturity—October 31, 2020)(9)	6,500	6,437	6,533

Zilliant Incorporated							Price Optimization and Margin Management Solutions
								Warrants (952,500 equivalent shares)		1,071	1,071

Subtotal Non-Control/Non-Affiliate Investments (51.8% of total investments at fair value)						Subtotal Non-Control/Non-Affiliate Investments (51.8% of total investments at fair value)				832,312	814,809

Total Portfolio Investments, December 31, 2014						Total Portfolio Investments, December 31, 2014				1,441,402	1,563,330

Portfolio Company(1)
Business Description
Type of Investment(2)(3)
Principal(4)
Cost(4)
Fair Value

Western Dental Services, Inc.(11)

Dental Care Services

LIBOR Plus 5.00% (Floor 1.00%), Current Coupon 6.00%, Secured Debt (Maturity—November 1, 2018)(9)
5,395 5,391 5,153

Wilton Brands LLC(11)

Specialty Housewares Retailer

LIBOR Plus 6.25% (Floor 1.25%), Current Coupon 7.50%, Secured Debt (Maturity—August 30, 2018)(9)
1,750 1,727 1,636

Worley Claims Services, LLC(10)

Insurance Adjustment Management and Services Provider

LIBOR Plus 8.00% (Floor 1.00%), Current Coupon 9.00%, Secured Debt (Maturity—October 31, 2020)(9)
6,500 6,437 6,533

Zilliant Incorporated

Price Optimization and Margin Management Solutions

Warrants (952,500 equivalent shares)
1,071 1,071

Subtotal Non-Control/Non-Affiliate Investments (51.8% of total investments at fair value)
832,312 814,809

Total Portfolio Investments, December 31, 2014
1,441,402 1,563,330

(1): All investments are Lower Middle Market portfolio investments, unless otherwise noted. See Note B for a description of Lower Middle Market portfolio investments. All of the Company's investments, unless otherwise noted, are encumbered either as security for the Company's Credit Agreement or in support of the SBA-guaranteed debentures issued by the Funds.
(2): Debt investments are income producing, unless otherwise noted. Equity and warrants are non-income producing, unless otherwise noted.
(3): See Note C for a summary of geographic location of portfolio companies.
(4): Principal is net of ~~prepayments.~~repayments. Cost is net of ~~prepayments~~repayments and accumulated unearned income.
(5): Control investments are defined by the Investment Company Act of 1940, as amended ("1940 Act") as investments in which more than 25% of the voting securities are owned or where the ability to nominate greater than 50% of the board representation is maintained.
(6): Affiliate investments are defined by the 1940 Act as investments in which between 5% and 25% of the voting securities are owned and the investments are not classified as Control investments.
(7): Non-Control/Non-Affiliate investments are defined by the 1940 Act as investments that are neither Control investments nor Affiliate investments.
(8): Income producing through dividends or distributions.
(9): Index based floating interest rate is subject to contractual minimum interest rate. Variable rate loans bear interest at a rate that may be determined by reference to either LIBOR (which can include one-, two-, three- or six-month LIBOR) or Prime, at the borrower's option, which rates reset periodically based on the terms of the loan agreement.
(10): Private Loan portfolio investment. See Note B for a description of Private Loan portfolio investments.
(11): Middle Market portfolio investment. See Note B for a description of Middle Market portfolio investments.
(12): Other Portfolio investment. See Note B for a description of Other Portfolio investments.
(13): Investment is not a qualifying asset as defined under Section 55(a) of the 1940 Act. Qualifying assets must represent at least 70% of total assets at the time of acquisition of any additional non-qualifying assets.
(14): Non-accrual and non-income producing investment.
(15): Marketable securities and idle fund investments.
(16): External Investment Manager. Investment is not encumbered as security for the Company's Credit Agreement or in support of the SBA-guaranteed debentures issued by the Funds.
(17): Maturity date is under on-going negotiations with the portfolio company and other lenders, if applicable.
(18): Portfolio company is in a bankruptcy process and, as such, the maturity date of our debt investments in this portfolio company will not be finally determined until such process is complete. As noted in footnote (14), our debt investments in this portfolio company are on non-accrual status.

MAIN STREET CAPITAL CORPORATION

Notes to Consolidated Financial Statements

(Unaudited)

Main Street Capital Corporation ("MSCC") is a principal investment firm primarily focused on providing customized debt and equity financing to lower middle market ("LMM") companies and debt capital to middle market ("Middle Market") companies. The portfolio investments of MSCC and its consolidated subsidiaries are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. MSCC seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its LMM portfolio. MSCC and its consolidated subsidiaries invest primarily in secured debt investments, equity investments, warrants and other securities of LMM companies based in the United States and in secured debt investments of Middle Market companies generally headquartered in the United States.

MSCC was formed in March 2007 to operate as an internally managed business development company ("BDC") under the Investment Company Act of 1940, as amended (the "1940 Act"). MSCC wholly owns several investment funds, including Main Street Mezzanine Fund, LP ("MSMF") and Main Street Capital II, LP ("MSC II" and, together with MSMF, the "Funds"), and each of their general partners. The Funds are each licensed as a Small Business Investment Company ("SBIC") by the United States Small Business Administration ("SBA"). Because MSCC is internally managed, all of the executive officers and other employees are employed by MSCC. Therefore, MSCC does not pay any external investment advisory fees but instead incurs the operating costs associated with employing investment and portfolio management professionals.

MSC Adviser I, LLC (the "External Investment Manager") was formed in November 2013 as a wholly owned subsidiary of MSCC to provide investment management and other services to parties other than MSCC and its subsidiaries ("External Parties") and receive fee income for such services. MSCC has been granted no-action relief by the Securities and Exchange Commission ("SEC") to allow the External Investment Manager to register as a registered investment adviser ("RIA") under Investment Advisers Act of 1940, as amended (the "Advisers Act"). Since the External Investment Manager conducts all of its investment management activities for External Parties, it is accounted for as a portfolio investment of MSCC and is not included as a consolidated subsidiary of MSCC in MSCC's consolidated financial statements.

MSCC has elected to be treated for U.S. federal income tax purposes as a regulated investment company ("RIC") under Subchapter M of the Internal Revenue Code of 1986, as amended (the "Code"). As a result, MSCC generally will not pay corporate-level U.S. federal income taxes on any net ordinary income or capital gains that it distributes to its stockholders.

MSCC has certain direct and indirect wholly owned subsidiaries that have elected to be taxable entities (the "Taxable Subsidiaries"). The primary purpose of the Taxable Subsidiaries is to permit MSCC to hold equity investments in portfolio companies which are "pass-through" entities for tax purposes. The External Investment Manager is also a direct wholly owned subsidiary that has elected to be a taxable entity. The Taxable Subsidiaries and the External Investment Manager are each taxed at their normal corporate tax rates based on their taxable income.

Unless otherwise noted or the context otherwise indicates, the terms "we," "us," "our" and "Main Street" refer to MSCC and its consolidated subsidiaries, which include the Funds and the Taxable Subsidiaries.

Main Street's financial statements are prepared in accordance with generally accepted accounting principles in the United States of America ("U.S. GAAP"). For each of the periods presented herein, Main Street's consolidated financial statements include the accounts of MSCC and its consolidated subsidiaries. The Investment Portfolio, as used herein, refers to all of Main Street's investments in LMM portfolio companies, investments in Middle Market portfolio companies, Private Loan portfolio investments, Other Portfolio investments, and the investment in the External Investment Manager, but excludes all "Marketable securities and idle funds investments" (see Note C—Fair Value Hierarchy for Investments and Debentures—Portfolio Composition—Portfolio Investment Composition for additional discussion of Main Street's Investment Portfolio and definitions for the terms LMM, Middle Market, Private Loan and Other Portfolio). "Marketable securities and idle funds investments" are classified as financial instruments and are reported separately on Main Street's consolidated balance sheets and consolidated schedules of investments due to the nature of such investments (see Note B.11.). Main Street's results of operations for the three and ~~six~~nine months ended ~~June~~September 30, 2015 and 2014, cash flows for the ~~six~~nine months ended ~~June~~September 30, 2015 and 2014, and financial position as of ~~June~~September 30, 2015 and December 31, 2014, are presented on a consolidated basis. The effects of all intercompany transactions between Main Street and its consolidated subsidiaries have been eliminated in consolidation. Certain reclassifications have been made to prior period balances to conform to the current presentation, including reclassifying the expenses charged to the External Investment Manager.

The accompanying unaudited consolidated financial statements of Main Street are presented in conformity with U.S. GAAP for interim financial information and pursuant to the requirements for reporting on Form 10-Q and Article 10 of Regulation S-X. Accordingly, certain disclosures accompanying annual financial statements prepared in accordance with U.S. GAAP are omitted. In the opinion of management, the unaudited consolidated financial results included herein contain all adjustments, consisting solely of normal recurring accruals, considered necessary for the fair presentation of financial statements for the interim periods included herein. The results of operations for the three and ~~six~~nine months ended ~~June~~September 30, 2015 and 2014 are not necessarily indicative of the operating results to be expected for the full year. Also, the unaudited financial statements and notes should be read in conjunction with the audited financial statements and notes thereto for the year ended December 31, 2014. Financial statements prepared on a U.S. GAAP basis require management to make estimates and assumptions that affect the amounts and disclosures reported in the financial statements and accompanying notes. Such estimates and assumptions could change in the future as more information becomes known, which could impact the amounts reported and disclosed herein.

Under regulations pursuant to Article 6 of Regulation S-X applicable to BDCs and Accounting Standards Codification ("Codification" or "ASC") 946,Financial Services—Investment Companies ("ASC 946"), Main Street is precluded from consolidating other entities in which Main Street has equity investments, including those in which it has a controlling interest, unless the other entity is another investment company. An exception to this general principle in ASC 946 occurs if Main Street holds a controlling interest in an operating company that provides all or substantially all of its services directly to Main Street or to its portfolio companies. Accordingly, as noted above, MSCC's consolidated financial statements include the financial position and operating results for the Funds and the Taxable

Subsidiaries. MSCC's consolidated financial statements also include the financial position and operating results for MSCC's wholly owned operating subsidiary, Main Street Capital Partners, LLC, ("MSCP"), as the wholly owned subsidiary provides all of its services directly or indirectly to Main Street or its portfolio companies. Main Street has determined that all of its portfolio investments do not qualify for

this exception, including the investment in the External Investment Manager. Therefore, Main Street's Investment Portfolio is carried on the consolidated balance sheet at fair value, as discussed further in Note B, with any adjustments to fair value recognized as "Net Change in Unrealized Appreciation (Depreciation)" on the consolidated statements of operations until the investment is realized, usually upon exit, resulting in any gain or loss being recognized as a "Net Realized Gain (Loss)."

Main Street classifies its Investment Portfolio in accordance with the requirements of the 1940 Act. Under the 1940 Act, (a) "Control Investments" are defined as investments in which Main Street owns more than 25% of the voting securities or has rights to maintain greater than 50% of the board representation, (b) "Affiliate Investments" are defined as investments in which Main Street owns between 5% and 25% of the voting securities and does not have rights to maintain greater than 50% of the board representation, and (c) "Non-Control/Non-Affiliate Investments" are defined as investments that are neither Control Investments nor Affiliate Investments.

Main Street accounts for its Investment Portfolio at fair value. As a result, Main Street follows the provisions of the Financial Accounting Standards Board ("FASB") ASC 820,Fair Value Measurements and Disclosures ("ASC 820"). ASC 820 defines fair value, establishes a framework for measuring fair value, establishes a fair value hierarchy based on the quality of inputs used to measure fair value and enhances disclosure requirements for fair value measurements. ASC 820 requires Main Street to assume that the portfolio investment is to be sold in the principal market to independent market participants, which may be a hypothetical market. Market participants are defined as buyers and sellers in the principal market that are independent, knowledgeable and willing and able to transact.

Main Street's portfolio strategy calls for it to invest primarily in illiquid debt and equity securities issued by private, LMM companies and more liquid debt securities issued by Middle Market companies that are generally larger in size than the LMM companies. Main Street categorizes some of its investments in LMM companies and Middle Market companies as Private Loan portfolio investments, ~~often referred to in the debt markets as "club deals,"~~ which are primarily debt securities which have been originated through strategic relationships with other investment funds on a collaborative ~~basis.~~basis, and are often referred to in the debt markets as "club deals." Private Loan investments are typically similar in size, structure, terms and conditions to investments Main Street holds in its LMM portfolio and Middle Market portfolio. Main Street's portfolio also includes Other Portfolio investments which primarily consist of investments that are not consistent with the typical profiles for its LMM portfolio investments, Middle Market portfolio investments or Private Loan portfolio investments, including investments which may be managed by third parties. Main Street's portfolio investments may be subject to restrictions on resale.

markets that are not active. Main Street determines in good faith the fair value of its Investment Portfolio pursuant to a valuation policy in accordance with ASC 820 and a valuation process approved by its Board of Directors and in accordance with the 1940 Act. Main Street's valuation policies and

processes are intended to provide a consistent basis for determining the fair value of Main Street's Investment Portfolio.

For LMM portfolio investments, Main Street generally reviews external events, including private mergers, sales and acquisitions involving comparable companies, and includes these events in the valuation process by using an enterprise value waterfall methodology ("Waterfall") for its LMM equity investments and an income approach using a yield-to-maturity model ("Yield-to-Maturity") for its LMM debt investments. For Middle Market portfolio investments, Main Street primarily uses quoted prices in the valuation process. Main Street determines the appropriateness of the use of third-party broker quotes, if any, in determining fair value based on its understanding of the level of actual transactions used by the broker to develop the quote and whether the quote was an indicative price or binding offer, the depth and consistency of broker quotes and the correlation of changes in broker quotes with underlying performance of the portfolio company and other market indices. For Middle Market and Private Loan portfolio investments in debt securities for which it has determined that third-party quotes or other independent pricing are not available or appropriate, Main Street generally estimates the fair value based on the assumptions that it believes hypothetical market participants would use to value the investment in a current hypothetical sale using the Yield-to-Maturity valuation method. For its Other Portfolio equity investments, Main Street generally calculates the fair value of the investment primarily based on the net asset value ("NAV") of the fund. All of the valuation approaches for Main Street's portfolio investments estimate the value of the investment as if Main Street were to sell, or exit, the investment as of the measurement date.

These valuation approaches consider the value associated with Main Street's ability to control the capital structure of the portfolio company, as well as the timing of a potential exit. For valuation purposes, "control" portfolio investments are composed of debt and equity securities in companies for which Main Street has a controlling interest in the equity ownership of the portfolio company or the ability to nominate a majority of the portfolio company's board of directors. For valuation purposes, "non-control" portfolio investments are generally composed of debt and equity securities in companies for which Main Street does not have a controlling interest in the equity ownership of the portfolio company or the ability to nominate a majority of the portfolio company's board of directors.

Under the Waterfall valuation method, Main Street estimates the enterprise value of a portfolio company using a combination of market and income approaches or other appropriate valuation methods, such as considering recent transactions in the equity securities of the portfolio company or third-party valuations of the portfolio company, and then performs a waterfall calculation by using the enterprise value over the portfolio company's securities in order of their preference relative to one another. The enterprise value is the fair value at which an enterprise could be sold in a transaction between two willing parties, other than through a forced or liquidation sale. Typically, private companies are bought and sold based on multiples of earnings before interest, taxes, depreciation and amortization ("EBITDA"), cash flows, net income, revenues, or in limited cases, book value. There is no single methodology for estimating enterprise value. For any one portfolio company, enterprise value is generally described as a range of values from which a single estimate of enterprise value is derived. In estimating the enterprise value of a portfolio company, Main Street analyzes various factors including the portfolio company's historical and projected financial results. The operating results of a portfolio company may include unaudited, projected, budgeted or pro forma financial information and

may require adjustments for non-recurring items or to normalize the operating results that may require significant judgment in its determination. In addition, projecting future financial results requires significant judgment regarding future growth assumptions. In evaluating the operating results, Main

Street also analyzes the impact of exposure to litigation, loss of customers or other contingencies. After determining the appropriate enterprise value, Main Street allocates the enterprise value to investments in order of the legal priority of the various components of the portfolio company's capital structure. In applying the Waterfall valuation method, Main Street assumes the loans are paid off at the principal amount in a change in control transaction and are not assumed by the buyer, which Main Street believes is consistent with its past transaction history and standard industry practices.

Under the Yield-to-Maturity valuation method, Main Street also uses the income approach to determine the fair value of debt securities based on projections of the discounted future free cash flows that the debt security will likely generate, including analyzing the discounted cash flows of interest and principal amounts for the debt security, as set forth in the associated loan agreements, as well as the financial position and credit risk of the portfolio investments. Main Street's estimate of the expected repayment date of its debt securities is generally the legal maturity date of the instrument, as Main Street generally intends to hold its loans and debt securities to maturity. The Yield-to-Maturity analysis also considers changes in leverage levels, credit quality, portfolio company performance and other factors. Main Street will generally use the value determined by the Yield-to-Maturity analysis as the fair value for that security; however, because of Main Street's general intent to hold its loans to maturity, the fair value will not exceed the principal amount of the debt security valued using the Yield-to-Maturity valuation method. A change in the assumptions that Main Street uses to estimate the fair value of its debt securities using the Yield-to-Maturity valuation method could have a material impact on the determination of fair value. If there is deterioration in credit quality or if a debt security is in workout status, Main Street may consider other factors in determining the fair value of the debt security, including the value attributable to the debt security from the enterprise value of the portfolio company or the proceeds that would most likely be received in a liquidation analysis.

Under the NAV valuation method, for an investment in an investment fund that does not have a readily determinable fair value, Main Street measures the fair value of the investment predominately based on the NAV of the investment fund as of the measurement date. However, in determining the fair value of the investment, Main Street may consider whether adjustments to the NAV are necessary in certain circumstances, based on the analysis of any restrictions on redemption of Main Street's investment as of the measurement date, recent actual sales or redemptions of interests in the investment fund, and expected future cash flows available to equity holders, including the rate of return on those cash flows compared to an implied market return on equity required by market participants, or other uncertainties surrounding Main Street's ability to realize the full NAV of its interests in the investment fund.

Pursuant to its internal valuation process and the requirements under the 1940 Act, Main Street performs valuation procedures on each of its portfolio investments quarterly. In addition to its internal valuation process, in arriving at estimates of fair value for its investments in its LMM portfolio companies, Main Street, among other things, consults with a nationally recognized independent financial advisory services firm. The nationally recognized independent financial advisory services firm analyzes and provides observations and recommendations regarding the Company's determinations of the fair value of its LMM portfolio company investments. The nationally recognized independent financial advisory services firm is generally consulted relative to Main Street's investments in each LMM portfolio company at least once every calendar year, and for Main Street's investments in new

LMM portfolio companies, at least once in the twelve-month period subsequent to the initial investment. In certain instances, Main Street may determine that it is not cost-effective, and as a result is not in its stockholders' best interest, to consult with the nationally recognized independent financial

advisory services firm on its investments in one or more LMM portfolio companies. Such instances include, but are not limited to, situations where the fair value of Main Street's investment in a LMM portfolio company is determined to be insignificant relative to the total Investment Portfolio. Main Street consulted with its independent financial advisory services firm in arriving at Main Street's determination of fair value on its investments in a total of 2944 LMM portfolio companies for the ~~six~~nine months ended ~~June~~September 30, 2015, representing approximately ~~43%~~75% of the total LMM portfolio at fair value as of ~~June~~September 30, 2015, and on a total of 3142 LMM portfolio companies for the ~~six~~nine months ended ~~June~~September 30, 2014, representing approximately ~~50%~~74% of the total LMM portfolio at fair value as of ~~June~~September 30, 2014. Excluding investments in new LMM portfolio companies which have not been in the Investment Portfolio for at least twelve months subsequent to the initial investment as of ~~June~~September 30, 2015 and 2014, as applicable, and investments in the LMM portfolio companies that were not reviewed because their equity is publicly traded, the percentage of the LMM portfolio reviewed by the independent financial advisory services firm for the ~~six~~nine months ended ~~June~~September 30, 2015 and 2014 was ~~48%~~82% and ~~53%~~83% of the total LMM portfolio at fair value as of ~~June~~September 30, 2015 and 2014, respectively.

For valuation purposes, all of Main Street's Middle Market portfolio investments are non-control investments. To the extent sufficient observable inputs are available to determine fair value, Main Street uses observable inputs to determine the fair value of these investments through obtaining third-party quotes or other independent pricing. For Middle Market portfolio investments for which it has determined that third-party quotes or other independent pricing are not available or appropriate, Main Street generally estimates the fair value based on the assumptions that it believes hypothetical market participants would use to value such Middle Market debt investments in a current hypothetical sale using the Yield-to-Maturity valuation method and such Middle Market equity investments in a current hypothetical sale using the Waterfall valuation method. The Company does not generally consult with any financial advisory services firms in connection with determining the fair value of its Middle Market debt investments.

For valuation purposes, all of Main Street's Private Loan portfolio investments are non-control investments. For Private Loan portfolio investments for which it has determined that third-party quotes or other independent pricing are not available or appropriate, Main Street generally estimates the fair value based on the assumptions that it believes hypothetical market participants would use to value such Private Loan debt investments in a current hypothetical sale using the Yield-to-Maturity valuation method and such Private Loan equity investments in a current hypothetical sale using the Waterfall valuation method. The nationally recognized independent financial advisory services firm analyzes and provides observations and recommendations regarding the Company's determinations of the fair value of its Private Loan portfolio company investments.

For valuation purposes, all of Main Street's Other Portfolio investments are non-control investments. Main Street's Other Portfolio investments comprised approximately ~~3.3%~~3.0% and 3.8%, respectively, of Main Street's Investment Portfolio at fair value as of ~~June~~September 30, 2015 and December 31, 2014. Similar to the LMM investment portfolio, market quotations for Other Portfolio equity investments are generally not readily available. For its Other Portfolio equity investments, Main Street generally determines the fair value of its investments using the NAV valuation method. For Other Portfolio debt investments Main Street generally determines the fair value of these investments through obtaining third-party quotes or other independent pricing to the extent that these inputs are available and appropriate to determine fair value. For Other Portfolio debt investments for which it has determined that third-party quotes or other ~~independent pricing are not available or appropriate, Main Street generally estimates the fair value based on the assumptions that it believes hypothetical market~~

independent pricing are not available or appropriate, Main Street generally estimates the fair value based on the assumptions that it believes hypothetical market participants would use to value such Other Portfolio debt investments in a current hypothetical sale using the Yield-to-Maturity valuation method. For Other Portfolio debt investments for which third-party quotes or other independent pricing are available and appropriate, Main Street determines the fair value of these investments through obtaining third party quotes or other independent pricing to the extent that these inputs are available and appropriate to determine fair value.

For valuation purposes, Main Street's investment in the External Investment Manager is a control investment. Market quotations are not readily available for this investment, and as a result, Main Street determines the fair value of the External Investment Manager using the Waterfall valuation method under the market approach. In estimating the enterprise value, Main Street analyzes various factors, including the entity's historical and projected financial results, as well as its size, marketability and performance relative to the population of market ~~multiples.~~comparables. This valuation approach estimates the value of the investment as if Main Street were to sell, or exit, the investment. In addition, Main Street considers the value associated with Main Street's ability to control the capital structure of the company, as well as the timing of a potential exit.

Due to the inherent uncertainty in the valuation process, Main Street's determination of fair value for its Investment Portfolio may differ materially from the values that would have been determined had a ready market for the securities existed. In addition, changes in the market environment, portfolio company performance and other events that may occur over the lives of the investments may cause the gains or losses ultimately realized on these investments to be materially different than the valuations currently assigned. Main Street determines the fair value of each individual investment and records changes in fair value as unrealized appreciation or depreciation.

Main Street uses a standard internal portfolio investment rating system in connection with its investment oversight, portfolio management and analysis and investment valuation procedures for its LMM portfolio companies. This system takes into account both quantitative and qualitative factors of the LMM portfolio company and the investments held therein.

The Board of Directors of Main Street has the final responsibility for overseeing, reviewing and approving, in good faith, Main Street's determination of the fair value for its Investment Portfolio, as well as its valuation procedures, consistent with 1940 Act requirements. Main Street believes its Investment Portfolio as of ~~June~~September 30, 2015 and December 31, 2014 approximates fair value as of those dates based on the markets in which Main Street operates and other conditions in existence on those reporting dates.

The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the period. Actual results may differ from these estimates under different conditions or assumptions. Additionally, as explained in Note B.1., the financial statements include investments in the Investment Portfolio whose values have been estimated by Main Street with the oversight, review and approval by Main Street's Board of Directors in the absence of readily ascertainable market values. Because of the inherent uncertainty of the Investment Portfolio valuations, those estimated values may differ significantly from the values that would have been determined had a readily available market for the investments existed, and it is reasonably possible that the differences could be material.

Cash and cash equivalents consist of cash and highly liquid investments with an original maturity of three months or less at the date of purchase. Cash and cash equivalents are carried at cost, which approximates fair value.

At ~~June~~September 30, 2015, cash balances totaling ~~$38.1~~$31.4 million exceeded FDIC insurance protection levels, subjecting the Company to risk related to the uninsured balance. All of the Company's cash deposits are held at large, established, high credit quality financial institutions and management believes that the risk of loss associated with any uninsured balances is remote.

Marketable securities and idle funds investments include intermediate-term secured debt investments, independently rated debt investments and publicly traded debt and equity investments. See the consolidated schedule of investments for more information on Marketable securities and idle funds investments.

Main Street records interest and dividend income on the accrual basis to the extent amounts are expected to be collected. Dividend income is recorded as dividends are declared by the portfolio company or at the point an obligation exists for the portfolio company to make a distribution. In accordance with Main Street's valuation policy, Main Street evaluates accrued interest and dividend income periodically for collectability. When a loan or debt security becomes 90 days or more past due, and if Main Street otherwise does not expect the debtor to be able to service all of its debt or other obligations, Main Street will generally place the loan or debt security on non-accrual status and cease recognizing interest income on that loan or debt security until the borrower has demonstrated the ability and intent to pay contractual amounts due. If a loan or debt security's status significantly improves regarding the debtor's ability to service the debt or other obligations, or if a loan or debt security is fully impaired, sold or written off, Main Street removes it from non-accrual status.

Main Street holds certain debt and preferred equity instruments in its Investment Portfolio that contain payment-in-kind ("PIK") interest and cumulative dividend provisions. The PIK interest, computed at the contractual rate specified in each debt agreement, is periodically added to the principal balance of the debt and is recorded as interest income. Thus, the actual collection of this interest may be deferred until the time of debt principal repayment. Cumulative dividends are recorded as dividend income, and any dividends in arrears are added to the balance of the preferred equity investment. The actual collection of these dividends in arrears may be deferred until such time as the preferred equity is redeemed or sold. To maintain RIC tax treatment (as discussed in ~~Note��~~Note B.9. below), these non-cash sources of income may need to be paid out to stockholders in the form of distributions, even though Main Street may not have collected the PIK interest and cumulative dividends in cash. Main Street stops accruing PIK interest and cumulative dividends and writes off any accrued and uncollected interest and dividends in arrears when it determines that such PIK interest and dividends in arrears are no longer collectible. For the three months ended ~~June~~September 30, 2015 and 2014, (i) approximately ~~1.8%~~2.2% and ~~4.0%~~2.5%, respectively, of Main Street's total investment income was attributable to PIK interest income not paid currently in cash and (ii) approximately ~~0.9%~~1.2% and ~~1.1%~~1.8%, respectively, of Main Street's total investment income was attributable to cumulative dividend income ~~not paid currently in cash. For the six months ended June 30, 2015 and 2014, (i) approximately 2.0% and 4.6%, respectively, of Main~~

not paid currently in cash. For the nine months ended September 30, 2015 and 2014, (i) approximately 2.1% and 3.9%, respectively, of Main Street's total investment income was attributable to PIK interest income not paid currently in cash and (ii) approximately ~~0.9%~~1.0% and ~~1.1%~~1.4%, respectively, of Main Street's total investment income was attributable to cumulative dividend income not paid currently in cash.

As of ~~June~~September 30, 2015, Main Street's total Investment Portfolio had four investments ~~with positive fair value~~ on non-accrual status, which included one fully-impaired debt investment and comprised approximately ~~0.3%~~0.2% of its fair value and ~~3.1%~~3.0% of its ~~cost, and no fully impaired investments.~~cost. As of December 31, 2014, Main Street's total Investment Portfolio had five investments with positive fair value on non-accrual status, which comprised approximately 1.7% of its fair value and 4.7% of its ~~cost, and no fully impaired investments.~~cost.

Main Street may periodically provide services, including structuring and advisory services, to its portfolio companies or other third parties. For services that are separately identifiable and evidence exists to substantiate fair value, fee income is recognized as earned, which is generally when the investment or other applicable transaction closes. Fees received in connection with debt financing transactions for services that do not meet these criteria are treated as debt origination fees and are deferred and accreted into interest income over the life of the financing.

A presentation of the investment income Main Street received from its Investment Portfolio in each of the periods presented is as follows:

Deferred financing costs include SBIC debenture commitment fees and SBIC debenture leverage fees on the SBIC debentures which are not accounted for under the fair value option under ASC 825 (as discussed further in Note B.11.). These fees are approximately 3.4% of the total commitment and draw amounts, as applicable. These deferred financing costs have been capitalized and are being amortized into interest expense over the ten year term of each debenture agreement.

Deferred financing costs also include commitment fees and other costs related to Main Street's multi-year investment credit facility (the "Credit Facility", as discussed further in Note F) and its notes (as discussed further in Note G). These costs have been capitalized and are amortized into interest expense over the term of the individual instrument.

7. Unearned Income—Debt Origination Fees and Original Issue Discount and Discounts / Premiums to Par Value

Main Street capitalizes debt origination fees received in connection with financings and reflects such fees as unearned income netted against the applicable debt investments. The unearned income ~~from the fees is accreted into interest income based on the effective interest method over the life of the financing.~~

from the fees is accreted into interest income based on the effective interest method over the life of the financing.

In connection with its portfolio debt investments, Main Street sometimes receives nominal cost warrants ("nominal cost equity") that are valued as part of the negotiation process with the particular portfolio company. When Main Street receives nominal cost equity, Main Street allocates its cost basis in its investment between its debt security and its nominal cost equity at the time of origination based on amounts negotiated with the particular portfolio company. The allocated amounts are based upon the fair value of the nominal cost equity, which is then used to determine the allocation of cost to the debt security. Any discount recorded on a debt investment resulting from this allocation is reflected as unearned income, which is netted against the applicable debt investment, and accreted into interest income based on the effective interest method over the life of the debt investment. The actual collection of this interest is deferred until the time of debt principal repayment.

Main Street may also purchase debt securities at a discount or at a premium to the par value of the debt security. In the case of a purchase at a discount, Main Street records the investment at the par value of the debt security net of the discount, and the discount is accreted into interest income based on the effective interest method over the life of the debt investment. In the case of a purchase at a premium, Main Street records the investment at the par value of the debt security plus the premium, and the premium is amortized as a reduction to interest income based on the effective interest method over the life of the debt investment.

To maintain RIC tax treatment (as discussed ~~below~~ in Note B.9.), these non-cash sources of income may need to be paid out to stockholders in the form of distributions, even though Main Street may not have collected the interest income. For the three months ended ~~June~~September 30, 2015 and 2014, approximately ~~2.9%~~2.3% and ~~4.1%~~2.3%, respectively, of Main Street's total investment income was attributable to interest income for the accretion of discounts associated with debt investments, net of any premium reduction. For the ~~six~~nine months ended ~~June~~September 30, 2015 and 2014, approximately ~~2.9%~~2.7% and ~~4.1%~~3.4%, respectively, of Main Street's total investment income was attributable to interest income for the accretion of discounts associated with debt investments, net of any premium reduction.

Main Street accounts for its share-based compensation plans using the fair value method, as prescribed by ASC 718,Compensation—Stock Compensation. Accordingly, for restricted stock awards, Main Street measures the grant date fair value based upon the market price of its common stock on the date of the grant and amortizes the fair value of the awards as share-based compensation expense over the requisite service period, which is generally the vesting term.

MSCC has elected to be treated for U.S. federal income tax purposes as a RIC. MSCC's taxable income includes the taxable income generated by MSCC and certain of its subsidiaries, including the Funds, which are treated as disregarded entities for tax purposes. As a RIC, MSCC generally will not pay corporate-level U.S. federal income taxes on any net ordinary income or capital gains that MSCC distributes to its stockholders. MSCC must generally distribute at least 90% of its investment company taxable income to qualify for pass-through tax treatment and maintain its RIC status. As part of maintaining RIC status, undistributed taxable income (subject to a 4% U.S Federal excise tax) pertaining to a given fiscal year may be distributed up to 12 months subsequent to the end of that fiscal

year, provided such dividends are declared prior to the filing of the U.S federal income tax return for the applicable fiscal year.

The Taxable Subsidiaries hold certain portfolio investments for Main Street. The Taxable Subsidiaries permit Main Street to hold equity investments in portfolio companies which are "pass-through" entities for tax purposes and to continue to comply with the "source-income" requirements contained in the RIC tax provisions of the Code. The Taxable Subsidiaries are consolidated with Main Street for U.S. GAAP financial reporting purposes, and the portfolio investments held by the Taxable Subsidiaries are included in Main Street's consolidated financial statements as portfolio investments and recorded at fair value. The Taxable Subsidiaries are not consolidated with MSCC for income tax purposes and may generate income tax expense, or benefit, and tax assets and liabilities, as a result of their ownership of certain portfolio investments. The taxable income, or loss, of the Taxable Subsidiaries may differ from its book income, or loss, due to temporary book and tax timing differences and permanent differences. This income tax expense, or benefit, if any, and the related tax assets and liabilities, are reflected in Main Street's consolidated financial statements.

MSCC's wholly owned subsidiary MSCP is included in Main Street's consolidated financial statements for financing reporting purposes. For tax purposes, MSCP has elected to be treated as a taxable entity, and therefore is not consolidated with MSCC for income tax purposes and is taxed at normal corporate tax rates based on its taxable income and, as a result of its activities, may generate income tax expense or benefit. The taxable income, or loss, of MSCP may differ from its book income, or loss, due to temporary book and tax timing differences and permanent differences. This income tax expense, or benefit, if any, and the related tax assets and liabilities, are reflected in Main Street's consolidated financial statements.

The Taxable Subsidiaries and MSCP use the liability method in accounting for income taxes. Deferred tax assets and liabilities are recorded for temporary differences between the tax basis of assets and liabilities and their reported amounts in the financial statements, using statutory tax rates in effect for the year in which the temporary differences are expected to reverse. A valuation allowance is provided against deferred tax assets when it is more likely than not that some portion or all of the deferred tax asset will not be realized.

Taxable income generally differs from net income for financial reporting purposes due to temporary and permanent differences in the recognition of income and expenses. Taxable income generally excludes net unrealized appreciation or depreciation, as investment gains or losses are not included in taxable income until they are realized.

10. Net Realized Gains or Losses and Net Change in Unrealized Appreciation or Depreciation

Realized gains or losses are measured by the difference between the net proceeds from the sale or redemption of an investment or a financial instrument and the cost basis of the investment or financial instrument, without regard to unrealized appreciation or depreciation previously recognized, and includes investments written-off during the period net of recoveries and realized gains or losses from in-kind redemptions. Net change in unrealized appreciation or depreciation reflects the net change in the fair value of the Investment Portfolio and financial instruments and the reclassification of any prior period unrealized appreciation or depreciation on exited investments and financial instruments to realized gains or losses.

Fair value estimates are made at discrete points in time based on relevant information. These estimates may be subjective in nature and involve uncertainties and matters of significant judgment and, therefore, cannot be determined with precision. Main Street believes that the carrying amounts of its financial instruments, consisting of cash and cash equivalents, receivables, payables and other liabilities approximate the fair values of such items due to the short term nature of these instruments. Marketable securities and idle funds investments may include investments in certificates of deposit, U.S. government agency securities, independently rated debt investments, diversified bond funds and publicly traded debt and equity investments and the fair value determination for these investments under the provisions of ASC 820 generally consists of Level 1 and 2 observable inputs, similar in nature to those discussed further in Note C.

As part of Main Street's acquisition of the majority of the equity interests of MSC II in January 2010 (the "MSC II Acquisition"), Main Street elected the fair value option under ASC 825,Financial Instruments ("ASC 825") relating to accounting for debt obligations at their fair value, for the MSC II SBIC debentures acquired (the "Acquired Debentures") as part of the acquisition accounting related to the MSC II Acquisition and values those obligations as discussed further in Note C. In order to provide for a more consistent basis of presentation, Main Street has continued to elect the fair value option for SBIC debentures issued by MSC II subsequent to the MSC II Acquisition. When the fair value option is elected for a given SBIC debenture, the deferred loan costs associated with the debenture are fully expensed in the current period to "Net Change in Unrealized Appreciation (Depreciation)—SBIC debentures" as part of the fair value adjustment. Interest incurred in connection with SBIC debentures which are valued at fair value is included in interest expense.

Basic and diluted per share calculations are computed utilizing the ~~weighted-average~~weighted- average number of shares of common stock outstanding for the period. In accordance with ASC 260,Earnings Per Share, the unvested shares of restricted stock awarded pursuant to Main Street's equity compensation plans are participating securities and are included in the basic earnings per share calculation. As a result, for all periods presented, there is no difference between diluted earnings per share and basic earnings per share amounts.

In May 2014, the FASB issued Accounting Standards Update 2014-09,Revenue from Contracts with Customers (Topic 606). ASU 2014-9 supersedes the revenue recognition requirements under ASC Topic 605,Revenue Recognition, and most industry-specific guidance throughout the Industry Topics of the ASC. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which an entity expects to be entitled in exchange for those goods or services. Under the new guidance, an entity is required to perform the following five steps: (1) identify the contract(s) with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenue when (or as) the entity satisfies a performance obligation. The new guidance will significantly enhance comparability of revenue recognition practices across entities, industries, jurisdictions and capital markets. Additionally, the guidance requires improved disclosures as to the nature, amount,

timing and uncertainty of revenue that is recognized. The FASB tentatively decided to defer the effective date of the new revenue standard for public entities under U.S. GAAP for one year. If finalized, the new guidance will be effective for the annual reporting period beginning after December 15, 2017, including interim periods within that reporting period. Early adoption would be permitted for annual reporting periods beginning after December 15, 2016. Main Street is currently evaluating the impact the adoption of this new accounting standard will have on its financial statements.

In April 2015, the FASB issued ASU 2015-03,Simplifying the Presentation of Debt Issuance Costs, which changes the presentation of debt issuance costs in financial statements. ASU 2015-03 requires an entity to present such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs will continue to be reported as interest expense. It is effective for annual reporting periods beginning after December 15, 2016. Early adoption is permitted. The new guidance will be applied retrospectively to each prior period presented. The impact of the adoption of this new accounting standard on Main Street's consolidated financial statements is currently being evaluated.

In May 2015, the FASB issued ASU 2015-07,Fair Value Measurements—Disclosures for Certain Entities that Calculate Net Asset Value per ~~Share.~~Share. This amendment updates guidance intended to eliminate the diversity in practice surrounding how investments measured at net asset value under the practical expedient with future redemption dates have been categorized in the fair value hierarchy. Under the updated guidance, investments for which fair value is measured at net asset value per share using the practical expedient should no longer be categorized in the fair value hierarchy, while investments for which fair value is measured at net asset value per share but the practical expedient is not applied should continue to be categorized in the fair value hierarchy. The updated guidance requires retrospective adoption for all periods presented and is effective for interim and annual reporting periods beginning after December 15, 2015, with early adoption permitted. The impact of the adoption of this new accounting standard on Main Street's consolidated financial statements is currently being evaluated.

From time to time, new accounting pronouncements are issued by the FASB or other standards setting bodies that are adopted by Main Street as of the specified effective date. Main Street believes that the impact of recently issued standards and any that are not yet effective will not have a material impact on its financial statements upon adoption.

NOTE C—FAIR VALUE HIERARCHY FOR INVESTMENTS AND DEBENTURES—PORTFOLIO COMPOSITION

ASC 820 defines fair value, establishes a framework for measuring fair value, establishes a fair value hierarchy based on the quality of inputs used to measure fair value, and enhances disclosure requirements for fair value measurements. Main Street accounts for its investments at fair value.

In accordance with ASC 820, Main Street has categorized its investments based on the priority of the inputs to the valuation technique, into a three-level fair value hierarchy. The fair value hierarchy gives the highest priority to quoted prices in active markets for identical investments (Level 1) and the lowest priority to unobservable inputs (Level 3).

Investments recorded on Main Street's balance sheet are categorized based on the inputs to the valuation techniques as follows:

As required by ASC 820, when the inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement in its entirety. For example, a Level 3 fair value measurement may include inputs that are observable (Levels 1 and 2) and unobservable (Level 3). Therefore, unrealized appreciation and depreciation related to such investments categorized within the Level 3 tables below may include changes in fair value that are attributable to both observable inputs (Levels 1 and 2) and unobservable inputs (Level 3). Main Street conducts reviews of fair value hierarchy classifications on a quarterly basis. During the classification process, Main Street may determine that it is appropriate to transfer investments between fair value hierarchy Levels. These transfers occur when Main Street has concluded that it is appropriate for the classification of an individual asset to be changed due to a change in the factors used to determine the selection of the Level. Any such changes are deemed to be effective during the quarter in which the transfer occurs.

As of ~~June~~September 30, 2015 and December 31, 2014, all except for one of Main Street's LMM portfolio investments consisted of illiquid securities issued by private companies. The remaining investment was a publicly traded equity security. As a result, the fair value determination for the LMM portfolio investments primarily consisted of unobservable inputs. The fair value determination for the publicly traded equity security consisted of observable inputs in non-active markets for which sufficient observable inputs were available to determine the fair value. As a result, all of Main Street's LMM

portfolio investments were categorized as Level 3 as of ~~June~~September 30, 2015 and December 31, 2014, except for the one publicly traded equity security which was categorized as Level 2.

As of ~~June~~September 30, 2015 and December 31, 2014, Main Street's Middle Market portfolio investments consisted primarily of investments in secured and unsecured debt investments and independently rated debt investments. The fair value determination for these investments consisted of a combination of observable inputs in non-active markets for which sufficient observable inputs were not available to determine the fair value of these investments and unobservable inputs. As a result, all of Main Street's Middle Market portfolio investments were categorized as Level 3 as of ~~June~~September 30, 2015 and December 31, 2014.

As of ~~June~~September 30, 2015 and December 31, 2014, Main Street's Private Loan portfolio investments primarily consisted of investments in interest-bearing secured debt investments. The fair value determination for these investments consisted of a combination of observable inputs in non-active markets for which sufficient observable inputs were not available to determine the fair value of these investments and unobservable inputs. As a result, all of Main Street's Private Loan portfolio investments were categorized as Level 3 as of ~~June~~September 30, 2015 and December 31, 2014.

As of ~~June~~September 30, 2015 and December 31, 2014, Main Street's Other Portfolio investments consisted of illiquid securities issued by private companies. The fair value determination for these investments primarily consisted of unobservable inputs. As a result, all of Main Street's Other Portfolio investments were categorized as Level 3 as of ~~June~~September 30, 2015 and December 31, 2014.

As of ~~June~~September 30, 2015 and December 31, 2014, Main Street's Marketable securities and idle funds investments consisted primarily of investments in publicly traded debt and equity investments. The fair value determination for these investments consisted of a combination of observable inputs in active markets for which sufficient observable inputs were available to determine the fair value of these investments. As a result, all of Main Street's Marketable securities and idle funds investments were categorized as Level 1 as of ~~June~~September 30, 2015 and December 31, 2014.

The fair value determination of each portfolio investment categorized as Level 3 required one or more of the following unobservable inputs:

The significant unobservable inputs used in the fair value measurement of Main Street's LMM equity securities, which are generally valued through an average of the discounted cash flow technique and the market comparable/enterprise value technique (unless one of these approaches is determined to not be appropriate), are (i) EBITDA multiples and (ii) the weighted-average cost of capital ("WACC"). Significant increases (decreases) in EBITDA multiple inputs in isolation would result in a significantly higher (lower) fair value measurement. On the contrary, significant increases (decreases) in WACC inputs in isolation would result in a significantly lower (higher) fair value measurement. The significant unobservable inputs used in the fair value measurement of Main Street's LMM, Middle Market, Private Loan and Other Portfolio debt securities are (i) risk adjusted discount rates used in the Yield-to-Maturity valuation technique (described in Note B.1.—Valuation of the Investment Portfolio) and (ii) the percentage of expected principal recovery. Significant increases (decreases) in any of these discount rates in isolation would result in a significantly lower (higher) fair value measurement. Significant increases (decreases) in any of these expected principal recovery percentages in isolation would result in a significantly higher (lower) fair value measurement. However, due to the nature of certain investments, fair value measurements may be based on other criteria, such as third-party appraisals of collateral and fair values as determined by independent third parties, which are not presented in the tables below.

~~The following table provides a summary of the significant unobservable inputs used to fair value Main Street's Level 3 portfolio investments as of June 30, 2015:~~

The following table provides a summary of the significant unobservable inputs used to fair value Main Street's Level 3 portfolio investments as of September 30, 2015:

The following table provides a summary of the significant unobservable inputs used to fair value Main Street's Level 3 portfolio investments as of December 31, 2014:

The following table provides a summary of changes in fair value of Main Street's Level 3 portfolio investments for the ~~six~~nine months ended ~~June~~September 30, 2015 (amounts in thousands). ~~Net unrealized appreciation (depreciation) is included in the Net change in unrealized appreciation (depreciation)—portfolio investments on the consolidated statements of operations.~~

The following table provides a summary of changes in fair value of Main Street's Level 3 portfolio investments for the six months ended June 30, 2014 (amounts in thousands). All transfers that occurred between fair value hierarchy levels during the six months ended June 30, 2014 were transfers out of Level 2 into Level 3 as certain investments were deemed to trade infrequently. Net unrealized

appreciation (depreciation) is included in the Net change in unrealized appreciation (depreciation)—portfolio investments on the consolidated statements of operations.

The following table provides a summary of changes in fair value of Main Street's Level 3 portfolio investments for the nine months ended September 30, 2014 (amounts in thousands). All transfers that occurred between fair value hierarchy levels during the nine months ended September 30, 2014 were transfers out of Level 2 into Level 3 as certain investments were deemed to trade infrequently. Net unrealized appreciation (depreciation) is included in the Net change in unrealized appreciation (depreciation)—portfolio investments on the consolidated statements of operations.

As of ~~June~~September 30, 2015 and December 31, 2014, the fair value determination for the SBIC debentures recorded at fair value primarily consisted of unobservable inputs. As a result, the SBIC debentures which are recorded at fair value were categorized as Level 3. Main Street determines the fair value of these instruments primarily using a Yield-to-Maturity approach that analyzes the discounted cash flows of interest and principal for each SBIC debenture recorded at fair value based on estimated market interest rates for debt instruments of similar structure, terms, and maturity. Main Street's estimate of the expected repayment date of principal for each SBIC debenture recorded at fair value is the legal maturity date of the instrument.

The significant unobservable inputs used in the fair value measurement of Main Street's SBIC debentures recorded at fair value are the estimated market interest rates used to fair value each debenture using the yield valuation technique described above. Significant increases (decreases) in the ~~Yield-to-Maturity~~Yield- to-Maturity valuation inputs in isolation would result in a significantly lower (higher) fair value measurement.

The following table provides a summary of the significant unobservable inputs used to fair value Main Street's Level 3 SBIC debentures as of ~~June~~September 30, 2015 (amounts in thousands):

The following table provides a summary of the significant unobservable inputs used to fair value Main Street's Level 3 SBIC debentures as of December 31, 2014 (amounts in thousands):

The following table provides a summary of changes for the Level 3 SBIC debentures recorded at fair value for the ~~six~~nine months ended ~~June~~September 30, 2015 (amounts in thousands):

The following table provides a summary of changes for the Level 3 SBIC debentures recorded at fair value for the nine months ended September 30, 2014 (amounts in thousands):

~~The following table provides a summary of changes for the Level 3 SBIC debentures recorded at fair value for the six months ended June 30, 2014 (amounts in thousands):~~

At ~~June~~September 30, 2015 and December 31, 2014, Main Street's investments and SBIC debentures at fair value were categorized as follows in the fair value hierarchy for ASC 820 purposes:

Main Street's lower middle market ("LMM") portfolio investments primarily consist of secured debt, equity warrants and direct equity investments in privately held, LMM companies based in the United States. Main Street's LMM portfolio companies generally have annual revenues between $10 million and $150 million, and its LMM investments generally range in size from $5 million to $50 million. The LMM debt investments are typically secured by either a first or second priority lien on

the assets of the portfolio company, primarily bear interest at fixed rates, and generally have a term of between five and seven years from the original investment date. In most LMM portfolio investments, Main Street receives nominally priced equity warrants and/or makes direct equity investments in connection with a debt investment.

Main Street's middle market ("Middle Market") portfolio investments primarily consist of direct investments in or secondary purchases of ~~interest-bearing~~interest- bearing debt securities in privately held companies based in the United States that are generally larger in size than the companies included in Main Street's LMM portfolio. Main Street's Middle Market portfolio companies generally have annual revenues between $150 million and $1.5 billion, and its Middle Market investments generally range in size from $3 million to $15 million. Main Street's Middle Market portfolio debt investments are generally secured by either a first or second priority lien on the assets of the portfolio company and typically have a term of between three and seven years from the original investment date.

Main Street's private loan ("Private Loan") portfolio investments ~~often referred to in the debt markets as "club deals," which~~ are primarily debt securities which have been originated through strategic relationships with other investment funds on a collaborative ~~basis.~~basis, and are often referred to in the debt markets as "club deals." Private Loan investments are typically similar in size, structure, terms and conditions to investments Main Street holds in its LMM portfolio and Middle Market portfolio. Main Street's Private Loan portfolio debt investments are generally secured by either a first or second priority lien on the assets of the portfolio company and typically have a term of between three and seven years from the original investment date.

Main Street's other portfolio ("Other Portfolio") investments primarily consist of investments which are not consistent with the typical profiles for LMM, Middle Market and Private Loan portfolio investments, including investments which may be managed by third parties. In the Other Portfolio, Main Street may incur indirect fees and expenses in connection with investments managed by third parties, such as investments in other investment companies or private funds.

Main Street's external asset management business is conducted through its External Investment Manager. The External Investment Manager earns management fees based on the assets of the funds under management and may earn incentive fees, or a carried interest, based on the performance of the funds managed. Main Street has entered into an agreement to provide the External Investment Manager with asset management service support in connection with its asset management business generally, and specifically for its relationship with HMS Income Fund, Inc. ("HMS Income"). Through this agreement, Main Street provides management and other services to the External Investment Manager, as well as access to Main Street's employees, infrastructure, business relationships, management expertise and capital raising capabilities. In the first quarter of 2014, Main Street began charging the External Investment Manager the cost for these services. Main Street's total expenses for the three months ended ~~June~~September 30, 2015 and 2014 are net of expenses charged to the External Investment Manager of ~~$1.2~~$1.1 million and ~~$0.4~~$0.6 million, respectively. Main Street's total expenses for the ~~six~~nine months ended ~~June~~September 30, 2015 and 2014 are net of expenses charged to the External Investment Manager of ~~$2.0~~$3.1 million and ~~$0.7~~$1.3 million, respectively.

Investment income, consisting of interest, dividends and fees, can fluctuate dramatically due to various factors, including the level of new investment activity, repayments of debt investments or sales of equity interests. Investment income in any given year could also be highly concentrated among several portfolio companies. For the three and ~~six~~nine months ended ~~June~~September 30, 2015 and 2014, Main Street did not record investment income from any single portfolio company in excess of 10% of total investment income.

The following tables provide a summary of Main Street's investments in the LMM, Middle Market and Private Loan portfolios as of ~~June~~September 30, 2015 and December 31, 2014 (this information excludes the Other Portfolio investments and the External Investment Manager which are discussed further below):

As of ~~June~~September 30, 2015, Main Street had Other Portfolio investments in ~~six~~seven companies, collectively totaling approximately ~~$58.4~~$56.9 million in fair value and approximately ~~$59.5~~$61.2 million in cost basis and which comprised approximately ~~3.3%~~3.0% of Main Street's Investment Portfolio at fair value. As of December 31, 2014, Main Street had Other Portfolio investments in six companies, collectively totaling approximately $58.9 million in fair value and approximately $56.2 million in cost basis and which comprised approximately 3.8% of Main Street's Investment Portfolio at fair value.

As discussed further in Note A.1., Main Street holds an investment in the External Investment Manager, a wholly owned subsidiary that is treated as a portfolio investment. As of ~~June~~September 30, 2015, there was no cost basis in this investment and the investment had a fair value of ~~$29.9~~$32.3 million, which comprised 1.7% of Main Street's Investment Portfolio at fair value. As of December 31, 2014, there was no cost basis in this investment and the investment had a fair value of $15.6 million, which comprised 1.0% of Main Street's Investment Portfolio at fair value.

The following tables summarize the composition of Main Street's total combined LMM portfolio investments, Middle Market portfolio investments and Private Loan portfolio investments at cost and fair value by type of investment as a percentage of the total combined LMM portfolio investments, Middle Market portfolio investments and Private Loan portfolio investments, as of ~~June~~September 30, 2015 and

December 31, 2014 (this information excludes the Other Portfolio investments and the External Investment Manager).

The following tables summarize the composition of Main Street's total combined LMM portfolio investments, Middle Market portfolio investments and Private Loan portfolio investments by geographic region of the United States and other countries at cost and fair value as a percentage of the total combined LMM portfolio investments, Middle Market portfolio investments and Private Loan portfolio investments, as of ~~June~~September 30, 2015 and December 31, 2014 (this information excludes the Other Portfolio investments and the External Investment Manager). The geographic composition is determined by the location of the corporate headquarters of the portfolio company.

Main Street's LMM portfolio investments, Middle Market portfolio investments and Private Loan portfolio investments are in companies conducting business in a variety of industries. The following tables summarize the composition of Main Street's total combined LMM portfolio investments, Middle Market portfolio investments and Private Loan portfolio investments by industry at cost and fair value

as of ~~June~~September 30, 2015 and December 31, 2014 (this information excludes the Other Portfolio investments and the External Investment Manager).

Cost:

Hotels, Restaurants & Leisure	7.6%	5.6%	7.7%	5.6%
Energy Equipment & Services			7.0%	8.3%
Media	7.1%	8.3%	6.0%	8.3%
Energy Equipment & Services	7.1%	8.3%
Machinery			5.4%	6.5%
IT Services	6.0%	5.9%	5.2%	5.9%
Machinery	5.8%	6.5%
Specialty Retail			5.0%	4.7%
Software	5.0%	5.4%	4.7%	5.4%
Construction & Engineering	4.6%	5.3%	4.3%	5.3%
Specialty Retail	4.5%	4.7%
Diversified Telecommunication Services			4.3%	4.0%
Health Care Providers & Services	4.5%	4.9%	4.2%	4.9%
Diversified Telecommunication Services	4.5%	4.0%
Internet Software & Services	3.7%	1.9%	3.6%	1.9%
Electronic Equipment, Instruments & Components			3.3%	3.0%
Diversified Consumer Services	3.3%	2.9%	3.1%	2.9%
Auto Components	2.8%	2.3%	2.6%	2.3%
Electronic Equipment, Instruments & Components	2.2%	3.0%
Food Products			2.5%	1.8%
Commercial Services & Supplies			2.2%	1.0%
Oil, Gas & Consumable Fuels	2.2%	2.5%	2.1%	2.5%
Diversified Financial Services			2.1%	1.0%
Pharmaceuticals	2.2%	1.8%	1.8%	1.8%
Diversified Financial Services	2.2%	1.0%
Food Products	2.1%	1.8%
Building Products	2.0%	1.1%	1.8%	1.1%
Health Care Equipment & Supplies	1.7%	2.1%	1.8%	2.1%
Professional Services			1.8%	1.1%
Road & Rail	1.6%	1.8%	1.6%	1.8%
Aerospace & Defense	1.3%	1.2%	1.2%	1.2%
Leisure Equipment & Products			1.2%	0.5%
Automobile			1.2%	0.8%
Chemicals	1.2%	1.3%	1.1%	1.3%
Air Freight & Logistics	1.2%	0.9%	1.1%	0.9%
Leisure Equipment & Products	1.2%	0.5%
Distributors			1.1%	1.0%
Trading Companies & Distributors	1.0%	1.2%	1.0%	1.2%
Professional Services	1.0%	1.1%
Commercial Services & Supplies	0.9%	1.0%
Distributors	0.9%	1.0%
Textiles, Apparel & Luxury Goods	0.7%	1.3%	0.6%	1.3%
Other(1)	7.9%	9.4%	7.4%	8.6%

	100.0%	100.0%	100.0%	100.0%

Fair Value:

Hotels, Restaurants & Leisure	7.3%	5.6%	7.5%	5.6%
Machinery	7.1%	8.1%	6.5%	8.1%
Energy Equipment & Services			6.1%	7.9%
Specialty Retail			5.7%	4.9%
Software			5.5%	5.5%
Media	6.2%	7.7%	5.2%	7.7%
Energy Equipment & Services	5.9%	7.9%
Diversified Consumer Services			5.0%	4.4%
Construction & Engineering			4.9%	5.5%
IT Services	5.5%	5.4%	4.8%	5.4%
Software	5.5%	5.5%
Construction & Engineering	5.0%	5.5%
Diversified Consumer Services	5.0%	4.4%
Specialty Retail	4.9%	4.9%
Diversified Telecommunication Services	4.1%	3.8%	3.8%	3.8%
Health Care Providers & Services			3.5%	4.4%
Internet Software & Services	3.9%	2.3%	3.3%	2.3%
Health Care Providers & Services	3.8%	4.4%
Auto Components	3.0%	2.5%	2.8%	2.5%
Electronic Equipment, Instruments & Components			2.7%	2.5%
Road & Rail	2.6%	2.3%	2.5%	2.3%
Food Products			2.4%	1.6%
Diversified Financial Services			2.1%	1.0%
Commercial Services & Supplies			2.1%	1.0%
Pharmaceuticals	2.1%	1.7%	1.7%	1.7%
Diversified Financial Services	2.1%	1.0%
Food Products	2.0%	1.6%
Health Care Equipment & Supplies			1.7%	1.9%
Professional Services			1.7%	1.0%
Oil, Gas & Consumable Fuels	1.8%	1.9%	1.6%	1.9%
Electronic Equipment, Instruments & Components	1.7%	2.5%
Building Products	1.7%	0.9%	1.6%	0.9%
Health Care Equipment & Supplies	1.6%	1.9%
Air Freight & Logistics	1.3%	0.8%	1.2%	0.8%
Aerospace & Defense	1.2%	1.1%	1.1%	1.1%
Leisure Equipment & Products			1.1%	0.4%
Distributors			1.1%	1.0%
Automobile			1.1%	0.8%
Chemicals	1.1%	1.2%	1.0%	1.2%
Leisure Equipment & Products	1.1%	0.4%
Trading Companies & Distributors	1.0%	1.1%	0.9%	1.1%
Commercial Services & Supplies	1.0%	1.0%
Professional Services	1.0%	1.0%
Paper & Forest Products	0.9%	1.2%	0.7%	1.2%
Distributors	0.8%	1.0%
Textiles, Apparel & Luxury Goods	0.6%	1.2%	0.5%	1.2%
Other(1)	7.2%	8.2%	6.6%	7.4%

	100.0%	100.0%	100.0%	100.0%

At ~~June~~September 30, 2015 and December 31, 2014, Main Street had no portfolio investment that was greater than 10% of the Investment Portfolio at fair value.

As discussed further ~~above~~ in Note A.1., the External Investment Manager provides investment management and other services to External Parties. The External Investment Manager is accounted for as a portfolio investment of MSCC since the External Investment Manager conducts all of its investment management activities for parties outside of MSCC and its consolidated subsidiaries.

During May 2012, Main Street entered into an investment sub-advisory agreement with HMS Adviser, LP ("HMS Adviser"), which is the investment advisor to HMS Income Fund, Inc. ("HMS Income"), a non-publicly traded BDC whose registration statement on Form N-2 was declared effective by the SEC in June 2012, to provide certain investment advisory services to HMS Adviser. In December 2013, after obtaining required no-action relief from the SEC to allow it to own a registered investment adviser, Main Street assigned the sub-advisory agreement to the External Investment Manager since the fees received from such arrangement could otherwise have negative consequences on MSCC's ability to meet the source-of-income requirement necessary for it to maintain its RIC tax treatment. Under the investment sub-advisory agreement, the External Investment Manager is entitled to 50% of the base management fee and the incentive fees earned by HMS Adviser under its advisory agreement with HMS Income. Based upon several fee waiver agreements with HMS Income and HMS Adviser, the External Investment Manager did not begin accruing the base management fee and incentive fees, if any, until January 1, 2014. Beginning January 1, 2015, the External Investment Manager conditionally agreed to waive a limited amount of the base management fee and incentive fees otherwise earned during the year ended December 31, 2015. During the three months ended ~~June~~September 30, 2015 and 2014, the External Investment Manager earned ~~$2.0~~$2.1 million and ~~$0.5~~$0.8 million, respectively, of management fees (net of fees waived, if any) under the sub-advisory agreement with HMS Adviser. During the ~~six~~nine months ended ~~June~~September 30, 2015 and 2014, the External Investment Manager earned ~~$3.4~~$5.5 million and ~~$0.8~~$1.7 million, respectively, of management fees (net of fees waived, if any) under the sub-advisory agreement with HMS Adviser.

The investment in the External Investment Manager is accounted for using fair value accounting, with the fair value determined by Main Street and approved, in good faith, by Main Street's Board of Directors. Main Street determines the fair value of the External Investment Manager using the Waterfall valuation method under the market approach (see further discussion in Note B.1.). Any change in fair value of the investment in the External Investment Manager is recognized on Main Street's consolidated statement of operations in "Net Change in Unrealized Appreciation (Depreciation)—Portfolio investments".

The External Investment Manager has elected, for tax purposes, to be treated as a taxable entity, is not consolidated with Main Street for income tax purposes and is taxed at normal corporate tax rates based on its taxable income and, as a result of its activities, may generate income tax expense or benefit. The External Investment Manager has elected to be treated as a taxable entity to enable it to receive fee income and to allow MSCC to continue to comply with the "source-income" requirements contained in the RIC tax provisions of the Code. The taxable income, or loss, of the External Investment Manager may differ from its book income, or loss, due to temporary book and tax timing differences and permanent differences. The External Investment Manager provides for any income tax expense, or benefit, and any tax assets or liabilities in its separate financial statements.

Main Street provides services to the External Investment Manager and charges the expenses necessary to perform these services to the External Investment Manager generally based on a

combination of the direct time spent, new investment origination activity and assets under management, depending on the nature of the expense. For the three months ended ~~June~~September 30, 2015 and 2014, Main Street charged ~~$1.2~~$1.1 million and ~~$0.4~~$0.6 million of total expenses, respectively, to the External Investment Manager. For the ~~six~~nine months ended ~~June~~September 30, 2015 and 2014, Main Street charged ~~$2.0~~$3.1 million and ~~$0.7~~$1.3 million of total expenses, respectively, to the External Investment Manager. The total contribution of the External Investment Manager to Main Street's net investment income consists of the combination of the expenses charged to the External Investment Manager and dividend income from the External Investment Manager. For the three months ended September 30, 2015 and 2014, the total contribution to net investment income was $1.8 million and $0.7 million, respectively. For the nine months ended September 30, 2015 and 2014, the total contribution to net investment income was $4.7 million and $1.5 million, respectively.

Summarized financial information from the separate financial statements of the External Investment Manager as of September 30, 2015 and December 31, 2014 and for the three and nine months ended September 30, 2015 and 2014 is as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,

	2015			2014			2015			2014
	(in thousands)
Management fee income	$	2,105		$	834		$	5,500		$	1,668
Expenses allocated from MSCC or its subsidiaries:
Salaries, share-based compensation and other personnel costs		(764	)		(439	)		(2,146	)		(994	)
Other G&A expenses		(381	)		(177	)		(987	)		(349	)

Total allocated expenses		(1,145	)		(616	)		(3,133	)		(1,343	)
Other direct G&A expenses		—			—			—			(2	)

Total expenses		(1,145	)		(616	)		(3,133	)		(1,345	)

Pre-tax income		960			218			2,367			323
Tax expense		(350	)		(87	)		(847	)		(129	)

Net income	$	610		$	131		$	1,520		$	194

the External Investment Manager. For the three months ended June 30, 2015 and 2014, the total contribution to net investment income was $1.7 million and $0.5 million, respectively. For the six months ended June 30, 2015 and 2014, the total contribution to net investment income was $2.9 million and $0.8 million, respectively.

Summarized financial information from the separate financial statements of the External Investment Manager as of June 30, 2015 and December 31, 2014 and for the three and six months ended June 30, 2015 and 2014 is as follows:

SBIC debentures payable were $225.0 million at both ~~June~~September 30, 2015 and December 31, 2014, respectively. SBIC debentures provide for interest to be paid semi-annually, with principal due at the applicable 10-year maturity date of each debenture. The weighted-average annual interest rate on the SBIC debentures was 4.2% as of both ~~June~~September 30, 2015 and December 31, 2014. The first principal

maturity due under the existing SBIC debentures is in 2017, and the remaining weighted-average duration as of ~~June~~September 30, 2015 was approximately ~~6.1~~5.8 years. For the three months ended ~~June~~September 30, 2015 and 2014, Main Street recognized interest expense attributable to the SBIC debentures of $2.5 million in each period, respectively. For the ~~six~~nine months ended ~~June~~September 30, 2015 and 2014, Main Street recognized interest expense attributable to the SBIC debentures of ~~$4.9~~$7.4 million and ~~$4.5~~$7.0 million, respectively. Main Street has incurred upfront leverage and other miscellaneous fees of approximately 3.4% of the debenture principal amount. In accordance with SBA regulations, the Funds are precluded from incurring additional non-SBIC debt without the prior approval of the SBA. The Funds are subject to annual compliance examinations by the SBA. There have been no historical findings resulting from these examinations.

As of ~~June~~September 30, 2015, the recorded value of the SBIC debentures was $223.6 million which consisted of (i) $73.8 million recorded at fair value, or $1.4 million less than the $75.2 million face value of the SBIC debentures held in MSC II, and (ii) $149.8 million reported at face value and held in MSMF. As of ~~June~~September 30, 2015, if Main Street had adopted the fair value option under ASC 825 for all of its SBIC debentures, Main Street estimates the fair value of its SBIC debentures would be approximately ~~$210.2~~$211.1 million, or ~~$14.8~~$13.9 million less than the $225.0 million face value of the SBIC debentures.

Main Street maintains the Credit Facility to provide additional liquidity to support its investment and operational activities. The Credit Facility provides for commitments from a diversified group of fifteen lenders, matures in September 2019 and was amended during April 2015 to increase the total commitments from $572.5 million to $597.5 million and increase the accordion feature of the Credit Facility from $650.0 million to $750.0 million. The accordion feature allows Main Street to increase the total commitments under the facility from new and existing lenders on the same terms and conditions as the existing commitments.

Borrowings under the Credit Facility bear interest, subject to Main Street's election, on a per annum basis equal to (i) the applicable LIBOR rate ~~(0.18%~~(0.20% as of ~~June~~September 30, 2015) plus 2.00%, as long as Main Street maintains an investment grade rating (or 2.25% if Main Street does not maintain an investment grade rating) or (ii) the applicable base rate (Prime Rate of 3.25% as of ~~June~~September 30, 2015) plus 1.00%, as long as Main Street maintains an investment grade rating (or 1.25% if Main Street does not maintain an investment grade rating). Main Street pays unused commitment fees of 0.25% per annum on the unused lender commitments under the Credit Facility. The Credit Facility is secured by a first lien on the assets of MSCC and its subsidiaries, excluding the equity ownership and assets of the Funds and the External Investment Manager. The Credit Facility contains certain affirmative and negative covenants, including: (i) maintaining a minimum availability of at least 10% of the borrowing base, (ii) maintaining an interest coverage ratio of at least 2.0 to 1.0, (iii) maintaining an asset coverage ratio of at least 1.5 to 1.0, and (iv) maintaining a minimum tangible net worth. The Credit Facility is provided on a revolving basis through its final maturity date in September 2019, and

contains two, one-year extension options which could extend the final maturity by up to two years, subject to certain conditions, including lender approval.

At ~~June~~September 30, 2015, Main Street had ~~$226.0~~$346.0 million in borrowings outstanding under the Credit Facility. As of ~~June~~September 30, 2015, if Main Street had adopted the fair value option under ASC 825 for its Credit Facility, Main Street estimates its fair value would approximate its recorded value. Main Street

recognized interest expense related to the Credit Facility, including unused commitment fees and amortization of deferred loan costs, of ~~$1.6~~$2.2 million and ~~$1.5~~$2.0 million for the three months ended ~~June~~September 30, 2015 and 2014, respectively and ~~$3.3~~of $5.5 million and $5.3 million, respectively, for ~~each of~~ the ~~six~~nine months ended ~~June~~September 30, 2015 and ~~2014, respectively.~~2014. As of ~~June~~September 30, 2015, the interest rate on the Credit Facility was 2.2%, which is consistent with the average rate for the three months ended ~~June~~September 30, 2015. Main Street was in compliance with all financial covenants of the Credit Facility.

In April 2013, Main Street issued $92.0 million, including the underwriters full exercise of their option to purchase additional principal amounts to cover over-allotments, in aggregate principal amount of 6.125% Notes due 2023 (the "6.125% Notes"). The 6.125% Notes are unsecured obligations and rank pari passu with Main Street's current and future unsecured indebtedness; senior to any of its future indebtedness that expressly provides it is subordinated to the 6.125% Notes; effectively subordinated to all of its existing and future secured indebtedness, to the extent of the value of the assets securing such indebtedness, including borrowings under its Credit Facility; and structurally subordinated to all existing and future indebtedness and other obligations of any of its subsidiaries, including without limitation, the indebtedness of the Funds. The 6.125% Notes mature on April 1, 2023, and may be redeemed in whole or in part at any time or from time to time at Main Street's option on or after April 1, 2018. The 6.125% Notes bear interest at a rate of 6.125% per year payable quarterly on January 1, April 1, July 1 and October 1 of each year. The total net proceeds to Main Street from the 6.125% Notes, after underwriting discounts and estimated offering expenses payable by Main Street, were approximately $89.0 million. Main Street has listed the 6.125% Notes on the New York Stock Exchange under the trading symbol "MSCA". Main Street may from time to time repurchase the 6.125% Notes in accordance with the 1940 Act and the rules promulgated thereunder. As of ~~June~~September 30, 2015, the outstanding balance of the 6.125% Notes was ~~$90.8~~$90.7 million. As of ~~June~~September 30, 2015, if Main Street had adopted the fair value option under ASC 825 for the 6.125% Notes, Main Street estimates the fair value would be approximately ~~$91.2~~$92.0 million. Main Street recognized interest expense related to the 6.125% Notes, including amortization of deferred loan costs, of $1.5 million for each of the three months ended ~~June~~September 30, 2015 and 2014. Main Street recognized interest expense related to the 6.125% Notes, including amortization of deferred loan costs, of ~~$2.9~~$4.4 million for each of the ~~six~~nine months ended ~~June~~September 30, 2015 and 2014.

The indenture governing the 6.125% Notes (the "6.125% Notes Indenture") contains certain covenants, including covenants requiring Main Street's compliance with (regardless of whether Main Street is subject to) the asset coverage requirements set forth in Section 18(a)(1)(A) as modified by Section 61(a)(1) of the 1940 Act, as well as covenants requiring Main Street to provide financial information to the holders of the 6.125% Notes and the Trustee if Main Street ceases to be subject to the reporting requirements of the Securities Exchange Act of 1934. These covenants are subject to limitations and exceptions that are described in the 6.125% Notes Indenture.

In November 2014, Main Street issued $175.0 million in aggregate principal amount of 4.50% unsecured notes due 2019 (the "4.50% Notes") at an issue price of 99.53%. The 4.50% Notes are unsecured obligations and rank pari passu with Main Street's current and future unsecured

indebtedness; senior to any of its future indebtedness that expressly provides it is subordinated to the 4.50% Notes; effectively subordinated to all of its existing and future secured indebtedness, to the extent of the value of the assets securing such indebtedness, including borrowings under its Credit Facility; and structurally subordinated to all existing and future indebtedness and other obligations of any of its subsidiaries, including without limitation, the indebtedness of the Funds. The 4.50% Notes mature on December 1, 2019, and may be redeemed in whole or in part at any time at Main Street's option subject to certain make whole provisions. The 4.50% Notes bear interest at a rate of 4.50% per year payable semi-annually on June 1 and December 1 of each year. The total net proceeds from the 4.50% Notes, resulting from the issue price and after underwriting discounts and estimated offering expenses payable by us, were approximately $171.2 million. Main Street may from time to time repurchase the 4.50% Notes in accordance with the 1940 Act and the rules promulgated thereunder. As of ~~June~~September 30, 2015, the outstanding balance of the 4.50% Notes was $175.0 million. As of ~~June~~September 30, 2015, if Main Street had adopted the fair value option under ASC 825 for the 4.50% Notes, Main Street estimates its fair value would be approximately ~~$178.2~~$179.4 million. Main Street recognized interest expense related to the 4.50% Notes, including amortization of deferred loan costs, of $2.1 million and ~~$4.3~~$6.4 million for the three months and ~~six~~nine months ended ~~June~~September 30, 2015, respectively.

The indenture governing the 4.50% Notes (the "4.50% Notes Indenture") contains certain covenants, including covenants requiring Main Street's compliance with (regardless of whether Main Street is subject to) the asset coverage requirements set forth in Section 18(a)(1)(A) as modified by Section 61(a)(1) of the 1940 Act, as well as covenants requiring Main Street to provide financial information to the holders of the 4.50% Notes and the Trustee if Main Street ceases to be subject to the reporting requirements of the Securities Exchange Act of 1934. These covenants are subject to limitations and exceptions that are described in the 4.50% Notes Indenture.

	Six Months Ended June 30,						Nine Months Ended September 30,

	2015			2014			2015			2014
Per Share Data:
NAV at the beginning of the period	$	20.85		$	19.89		$	20.85		$	19.89
Net investment income(1)		1.06			1.05			1.61			1.61
Net realized gain (loss)(1)(2)		(0.16	)		(0.11	)		(0.19	)		0.25
Net change in unrealized appreciation (depreciation)(1)(2)		0.61			0.55
Income tax provision(1)(2)		0.08			(0.13	)
Net change in net unrealized appreciation(1)(2)								0.42			0.17
Income tax benefit (provision)(1)(2)								0.15			(0.20	)

Net increase in net assets resulting from operations(1)		1.59			1.36			1.99			1.83
Dividends paid to stockholders from net investment income		(1.28	)		(1.23	)		(1.79	)		(1.46	)
Distributions from capital gains		(0.03	)		(0.04	)		(0.05	)		(0.30	)

Total dividends paid		(1.31	)		(1.27	)		(1.84	)		(1.76	)
Impact of the net change in monthly dividends declared prior to the end of the period and paid in the subsequent period								(0.01	)		(0.01	)
Accretive effect of public stock offerings (issuing shares above NAV per share)		0.71			1.07			0.71			1.07
Accretive effect of DRIP issuance (issuing shares above NAV per share)		0.06			0.06			0.08			0.09
Other(3)		(0.06	)		(0.08	)		0.01			(0.03	)

NAV at the end of the period	$	21.84		$	21.03		$	21.79		$	21.08



Market value at the end of the period	$	31.91		$	32.93		$	26.66		$	30.64
Shares outstanding at the end of the period		49,938,534			44,869,800			50,079,178			44,945,194

Main Street paid regular monthly dividends of $0.170 per share for each month of January through March 2015 and $0.175 for each month of April through ~~June~~September 2015, totaling approximately ~~$26.1~~$26.2 million, or $0.525 per share, for the three months ended ~~June~~September 30, 2015, and ~~$49.1~~$75.4 million, or $1.560 per share, for the nine months ended September 30, 2015. The third quarter 2015 regular

~~$1.035 per share, for the six months ended June 30, 2015. The second quarter 2015 regular~~ monthly dividends represent a 6.1% increase from the regular monthly dividends paid for the ~~second~~third quarter of 2014. Additionally, Main Street paid a $0.275 per share supplemental semi-annual dividend, totaling $13.7 million, in June 2015 compared to a $12.3 million, or $0.275 per share, paid in June 2014. The regular monthly dividends equaled a total of approximately ~~$21.3~~$22.2 million, or $0.495 per share, for the three months ended ~~June~~September 30, 2014, and ~~$41.0~~$63.3 million, or ~~$0.990~~$1.485 per share, for the ~~six~~nine months ended ~~June~~September 30, 2014.

The determination of the tax attributes for Main Street's distributions is made annually, based upon its taxable income for the full year and distributions paid for the full year. Therefore, a determination made on an interim basis may not be representative of the actual tax attributes of distributions for a full year. Ordinary dividend distributions from a RIC do not qualify for the 20% maximum tax rate (plus a 3.8% Medicare surtax, if applicable) on dividend income from domestic corporations and qualified foreign corporations, except to the extent that the RIC received the income in the form of qualifying dividends from domestic corporations and qualified foreign corporations. The tax attributes for distributions will generally include both ordinary income and capital gains, but may also include qualified dividends or return of capital.

Listed below is a reconciliation of "Net increase in net assets resulting from operations" to taxable income and to total distributions declared to common stockholders for the ~~six~~nine months ended ~~June~~September 30, 2015 and 2014.

MSCC's wholly owned subsidiary MSCP is included in Main Street's consolidated financial statements for financing reporting purposes. For tax purposes, MSCP has elected to be treated as a

taxable entity, and therefore is not consolidated with MSCC for income tax purposes and is taxed at normal corporate tax rates based on its taxable income and, as a result of its activities, may generate income tax expense or benefit. The taxable income, or loss, of MSCP may differ from its book income, or loss, due to temporary book and tax timing differences and permanent differences. This income tax expense, or benefit, if any, and the related tax assets and liabilities, are reflected in Main Street's consolidated financial statements.

The income tax expense, or benefit, and the related tax assets and liabilities, generated by the Taxable Subsidiaries and MSCP, if any, are reflected in Main Street's consolidated financial statements. For the three months ended ~~June~~September 30, 2015, Main Street recognized a net income tax benefit of ~~$3.5~~$3.2 million, ~~which~~ principally ~~consisted~~consisting of deferred tax benefit of ~~$5.1~~$2.7 million which is primarily the result of the net activity relating to the portfolio investments held in the Taxable Subsidiaries including changes in net operating loss carryforwards, changes in net unrealized appreciation or ~~deprecation~~depreciation and other temporary book tax differences ~~partially offset by $1.2~~and a $0.5 million ~~of accruals~~benefit in other current taxes which is primarily related to a $0.7 million benefit for current U.S. federal income and state taxes, ~~and a $0.4~~partially offset by $0.2 million accrual for excise tax on our estimated spillover taxable income. For the ~~six~~nine months ended ~~June~~September 30, 2015, Main Street recognized a net income tax benefit of ~~$3.8~~$7.0 million, which principally consisted of deferred tax benefit of ~~$5.8~~$8.5 million primarily the result of the net activity relating to the portfolio investments held in the Taxable Subsidiaries including changes in net operating loss carryforwards, changes in net unrealized appreciation or ~~deprecation~~depreciation and temporary book tax differences, ~~partially~~ offset by ~~$1.6~~$1.5 million in other current taxes, which principally consists of $0.8 million of accruals for current U.S. federal income and state taxes, and a ~~$0.4~~$0.7 million accrual for excise tax. For the three months ended ~~June~~September 30, 2014, Main Street recognized a net income tax provision of ~~$3.8~~$3.0 million, which principally consisted of deferred taxes of ~~$3.6~~$2.0 million, and ~~$0.2~~$1.0 million of accruals for current U.S. federal income and excise taxes, state and other taxes. For the ~~six~~nine months ended ~~June~~September 30, 2014, Main Street recognized a net income tax provision of ~~$5.4~~$8.4 million, related to deferred taxes of ~~$4.6~~$6.6 million, which is primarily the result of deferred taxes on net unrealized appreciation on several of the portfolio investments held in our Taxable Subsidiaries and other taxes of ~~$0.8~~$1.8 million. As of ~~June~~September 30, 2015, Main Street had a capital loss carryforward of ~~$2.2~~$5.5 million. For federal income tax purposes, the capital loss carryforward will expire in 2020. The timing and manner in which Main Street will utilize any net loss carryforwards in any year, or in total, may be limited in the future under the provisions of the Code.

The net deferred tax liability at ~~June~~September 30, 2015 and December 31, 2014 was ~~$3.4~~$0.7 million and $9.2 million, respectively, primarily related to timing differences from net unrealized appreciation of portfolio investments held by the Taxable Subsidiaries, partially offset by net loss carryforwards (primarily resulting from historical realized losses on portfolio investments held by the Taxable Subsidiaries), basis differences of portfolio investments held by the Taxable Subsidiaries which are "pass-through" entities for tax purposes and excess deductions resulting from the restricted stock plans (see further discussion in Note L).

In accordance with the realization requirements of ASC 718,Compensation—Stock Compensation, Main Street uses tax law ordering when determining when tax benefits related to equity compensation greater than equity compensation recognized for financial reporting should be realized. For the ~~three~~nine months ended ~~June~~September 30, 2015, Main Street realized no increase to paid-in capital due to tax deductions related to equity compensation greater than equity compensation recognized for financial reporting compared to a ~~$0.3~~$0.5 million ~~decrease~~increase for the corresponding period in 2014. Paid-in capital increases of $1.8 million will be recognized in future periods when such tax benefits are ultimately realized by reducing taxes payable.

During March 2015, Main Street completed a follow-on public equity offering of 4,370,000 shares of common stock, including the underwriters' full exercise of their option to purchase 570,000 additional shares, resulting in total net proceeds, including exercise of the underwriters' option to purchase additional shares and after deducting underwriting discounts and estimated offering expenses payable by Main Street, of approximately $127.8 million.

During April 2014, Main Street completed a follow-on public equity offering of 4,600,000 shares of common stock, including the underwriters' full exercise of their option to purchase 600,000 additional shares, at a price to the public of $31.50 per share, resulting in total net proceeds, including exercise of the underwriters' option to purchase additional shares and after deducting underwriting discounts and estimated offering expenses payable by Main Street, of approximately $139.7 million.

Main Street's DRIP provides for the reinvestment of dividends on behalf of its stockholders, unless a stockholder has elected to receive dividends in cash. As a result, if Main Street declares a cash dividend, the company's stockholders who have not "opted out" of the DRIP by the dividend record date will have their cash dividend automatically reinvested into additional shares of MSCC common stock. The share requirements of the DRIP may be satisfied through the issuance of shares of common stock or through open market purchases of common stock. Newly issued shares will be valued based upon the final closing price of MSCC's common stock on the valuation date determined for each dividend by Main Street's Board of Directors. Shares purchased in the open market to satisfy the DRIP requirements will be valued based upon the average price of the applicable shares purchased, before any associated brokerage or other costs. Main Street's DRIP is administered by its transfer agent on behalf of Main Street's record holders and participating brokerage firms. Brokerage firms and other financial intermediaries may decide not to participate in Main Street's DRIP but may provide a similar dividend reinvestment plan for their clients.

For the ~~six~~nine months ended ~~June~~September 30, 2015, ~~$9.4~~$13.7 million of the total ~~$62.9~~$89.1 million in dividends paid to stockholders represented DRIP participation. During this period, the DRIP participation requirements were satisfied with the issuance of ~~304,100~~444,957 newly issued shares and with the purchase of 3,131 shares of common stock in the open market. For the ~~six~~nine months ended ~~June~~September 30, 2014, ~~$8.3~~$11.8 million of the total ~~$53.4~~$75.6 million in dividends paid to stockholders represented DRIP participation. During this period, the DRIP participation requirements were satisfied with the issuance of ~~225,613~~333,657 newly issued shares and with the purchase of 31,825 shares of common stock in the open market. The shares disclosed above relate only to Main Street's DRIP and exclude any activity related to broker-managed dividend reinvestment plans.

Main Street accounts for its share-based compensation plans using the fair value method, as prescribed by ASC 718,Compensation—Stock Compensation. Accordingly, for restricted stock awards, Main Street measured the grant date fair value based upon the market price of its common stock on the date of the grant and amortizes the fair value of the awards as share-based compensation expense over the requisite service period, which is generally the vesting term.

Main Street's Board of Directors approves the issuance of shares of restricted stock to Main Street employees pursuant to the Main Street Capital Corporation 2015 Equity and Incentive Plan. These shares generally vest over a three-year period from the grant date. The fair value is expensed over the service period, starting on the grant date. The following table summarizes the restricted stock issuances approved by Main Street's Board of Directors, net of shares forfeited, and the remaining shares of restricted stock available for issuance as of ~~June~~September 30, 2015.

As of ~~June~~September 30, 2015, the following table summarizes the restricted stock issued to Main Street's independent directors and the remaining shares of restricted stock available for issuance pursuant to the Main Street Capital Corporation 2015 Non-Employee Director Restricted Stock Plan. These shares are granted upon appointment or election to the board and vest on the day immediately preceding the annual meeting of stockholders following the respective grant date and are expensed over such service period.

For the three months ended ~~June~~September 30, 2015 and 2014, Main Street recognized total share-based compensation expense of $1.7 million and ~~$1.0~~$1.2 million, respectively, related to the restricted stock issued to Main Street employees and independent directors, and for the ~~six~~nine months ended ~~June~~September 30, 2015 and 2014, Main Street recognized total share-based compensation expense of ~~$2.9~~$4.6 million and ~~$1.8~~$3.0 million, respectively, related to the restricted stock issued to Main Street employees and independent directors.

As of ~~June~~September 30, 2015, there was ~~$15.3~~$13.7 million of total unrecognized compensation expense related to Main Street's non-vested restricted shares. This compensation expense is expected to be recognized over a remaining weighted-average period of approximately ~~2.6~~2.3 years as of ~~June~~September 30, 2015.

At ~~June~~September 30, 2015, Main Street had the following outstanding commitments (in thousands):

Main Street may, from time to time, be involved in litigation arising out of its operations in the normal course of business or otherwise. Furthermore, third parties may try to impose liability on Main Street in connection with the activities of its portfolio companies. While the outcome of any current legal proceedings cannot at this time be predicted with certainty, Main Street does not expect any current matters will materially affect its financial condition or results of operations; however, there can be no assurance whether any pending legal proceedings will have a material adverse effect on Main Street's financial condition or results of operations in any future reporting period.

As discussed further in Note D, the External Investment Manager is treated as a wholly owned portfolio company of MSCC and is included as part of Main Street's Investment Portfolio. At ~~June~~September 30, 2015, Main Street had a receivable of ~~$1.9~~$2.3 million due from the External Investment Manager which included approximately ~~$1.4~~$1.7 million related primarily to operating expenses incurred by ~~the~~ MSCC or its subsidiaries required to support the External Investment Manager's business, along with dividends declared but not paid by the External Investment Manager of approximately ~~$0.5~~$0.6 million.

In June 2013, Main Street adopted a deferred compensation plan for the non-employee members of its board of directors, which allows the directors at their option to defer all or a portion of the fees paid for their services as directors and have such deferred fees paid in shares of Main Street common stock within 90 days following the termination of a participant's service as a director. As of ~~June~~September 30, 2015, $1.0 million of directors' fees had been deferred under this plan. These deferred

fees represented 32,190 shares of Main Street common shares. These shares will not be issued or included as outstanding on the consolidated statement of changes in net assets until each applicable participant's end of service as a director, but are included in operating expenses and weighted-average shares outstanding on Main Street's consolidated statement of operations as earned.

During October 2015, Main Street declared a semi-annual supplemental cash dividend of $0.275 per share payable in December 2015. This supplemental cash dividend is in addition to the previously announced regular monthly cash dividends that Main Street declared for the fourth quarter of 2015 of $0.180 per share for each of October, November and December 2015.

In ~~July~~October 2015, Main Street led a new portfolio investment totaling ~~$17.4~~$15.5 million of invested capital in ~~HW Temps LLC~~Apex Linen Service, Inc. ("~~HW"~~Apex Linen"), to fund Apex Linen's near-term growth opportunities, with Main Street funding ~~$13.9~~$12.4 million of the investment. Main Street's investment in HWApex Linen included a first-lien, senior secured term debt investment and a ~~preferred equity investment.~~revolving line of credit. Main Street and its co-investor ~~partnered to facilitate~~also provided a ~~recapitalization~~commitment for $2.5 million of ~~HW and to support HW's growth initiatives.~~additional first-lien, senior secured term debt in the near-term future upon the completion of certain conditions. In addition, Main Street and its co-investor are providing ~~HW an undrawn credit facility~~Apex Linen a conditional commitment beyond the $2.5 million of additional first-lien, senior secured term debt for additional capital to support its future growth ~~initiatives and working capital needs.~~opportunities. Headquartered in ~~South Easton, Massachusetts~~Las Vegas, Nevada, and founded in ~~1980, HW~~2010 by long-established industry experts, Apex Linen provides ~~temporary staffing~~commercial laundry and ~~related~~linen services ~~primarily~~ to ~~employers~~the hotel and gaming industry in the ~~light industrial, manufacturing, and distribution industries.~~Las Vegas metropolitan area.

In July 2015, Main Street completed the exit of its remaining equity investment in irth Solutions, LLC, a leading provider of field service and asset management solutions to the utility and energy industries ("irth Solutions"), as a part of a majority recapitalization of the irth Solutions by its management team and a private equity investment firm. Main Street made its initial investment in irth Solutions in December 2010. As part of this transaction, Main Street realized a gain of approximately $6.0 million on the sale of its equity investment.

~~In August~~November 2015, Main Street declared regular monthly dividends of $0.180 per share for each month of ~~October, November~~January, February and ~~December~~March of ~~2015.~~2016. These regular monthly dividends equal a total of $0.540 per share for the ~~fourth~~first quarter of ~~2015~~2016 and represent a 5.9% increase from the regular monthly dividends declared for the ~~fourth~~first quarter of ~~2014.~~2015. Including the regular monthly dividends declared for the ~~fourth~~first quarter of ~~2015,~~2016, Main Street will have paid ~~$15.605~~$16.420 per share in cumulative dividends since its October 2007 initial public offering.

MAIN STREET CAPITAL CORPORATION

Consolidated Schedule of Investments in and Advances to Affiliates
~~Six~~Nine Months Ended ~~June~~September 30, 2015

Company	Investments(1)							Investments(1)

Control Investments
Access Media								5.00% Current / 5.00% PIK Secured Debt			—	21,284	2,500	18,784
Holdings, LLC								Preferred Member Units			—	3,201	—	3,201
								Member Units			—	1	1	—

ASC Interests, LLC	11% Secured Debt	167		3,000	9	259	2,750	11% Secured Debt	247		3,000	11	261	2,750
	Member Units	65		1,970	260	—	2,230	Member Units	90		1,970	260	—	2,230

Bond-Coat, Inc.	12% Secured Debt	753		13,570	33	2,007	11,596	12% Secured Debt	1,116		13,570	41	2,015	11,596
	Common Stock			11,210	—	1,000	10,210	Common Stock			11,210	—	1,000	10,210

Café Brazil, LLC	Member Units	543		6,980	—	—	6,980	Member Units	814		6,980	350	—	7,330
California Healthcare Medical	9% Secured Debt	360		8,703	135	8,838	—
Billing, Inc.	Warrants			3,480	—	3,480	—
California Healthcare								9% Secured Debt	361		8,703	135	8,838	—
Medical Billing, Inc.								Warrants			3,480	—	3,480	—
	Common Stock			1,460	—	1,460	—	Common Stock			1,460	—	1,460	—

CBT Nuggets, LLC	Member Units	1,408		27,200	7,600	—	34,800	Member Units	3,517		27,200	11,690	—	38,890

Ceres Management, LLC	14% Secured Debt	274		3,916	—	178	3,738	14% Secured Debt	415		3,916	4,424	270	8,070
(Lambs Tire & Automotive)	Class B Member Units	250		4,048	250	—	4,298
	Member Units			2,510	650	—	3,160
(Lambs Tire &								Class B Member Units	376		4,048	376	4,424	—
Automotive)								Member Units			2,510	1,910	—	4,420
	9.5% Secured Debt	46		968	—	25	943	9.5% Secured Debt	68		968	—	37	931
	Member Units	40		1,240	—	—	1,240	Member Units	56		1,240	—	—	1,240

CMS Minerals LLC	Preferred Member Units	207		—	3,725	284	3,441	Preferred Member Units	896		—	7,672	479	7,193

Datacom, LLC	10.5% Secured Debt	630		11,103	9	—	11,112	10.5% Secured Debt	950		11,103	14	—	11,117
	8% Secured Debt	8		—	675	—	675	8% Secured Debt	21		—	900	900	—
	Preferred Member Units			6,030	—	460	5,570	Preferred Member Units	10		6,030	1,137	460	6,707

Garreco, LLC	14% Secured Debt	405		5,320	407	—	5,727	14% Secured Debt	618		5,320	413	—	5,733
	Member Units	(45	)	1,360	110	—	1,470	Member Units	(45	)	1,360	110	—	1,470

GRT Rubber Technologies LLC	LIBOR Plus 9.00% (Floor 1.00%)	937		16,585	15	210	16,390
	Member Units	210		13,065	—	—	13,065
GRT Rubber								LIBOR Plus 9.00% (Floor 1.00%)	1,363		16,585	23	419	16,189
Technologies LLC								Member Units	42		13,065	—	—	13,065

Gulf Manufacturing, LLC	9% PIK Secured Debt	39		744	39	—	783	9% PIK Secured Debt	51		744	33	—	777
	Member Units	379		16,540	—	—	16,540	Member Units	543		16,540	—	1,410	15,130

Harrison Hydra-Gen, Ltd.	12% Secured Debt	392		5,487	78	555	5,010	12% Secured Debt	546		5,487	78	555	5,010
	Preferred Stock	50		1,260	51	—	1,311	Preferred Stock	76		1,260	76	—	1,336
	Common Stock			1,830	300	—	2,130	Common Stock			1,830	470	—	2,300

Hawthorne Customs and	Member Units	35		370	210	—	580	Member Units	54		370	210	—	580
Dispatch Services, LLC	Member Units	96		2,220	—	—	2,220	Member Units	132		2,220	—	—	2,220

HW Temps LLC								LIBOR Plus 9.50% (Floor 1.00%)	369		—	9,880	—	9,880
								Preferred Member Units	184		—	3,942	—	3,942

Hydratec, Inc.	Common Stock	768		13,720	590		14,310	Common Stock	1,535		13,720	1,230	—	14,950
	9% Secured Debt	4		—	500	500	—	9% Secured Debt	4		—	500	500	—

IDX Broker, LLC	LIBOR Plus 6.50% (Floor 1.50%)	7		125	—	25	100	LIBOR Plus 6.50% (Floor 1.50%)	10		125	—	100	25
	12.5% Secured Debt	721		10,571	788	9	11,350	12.5% Secured Debt	1,088		10,571	793	14	11,350
	Member Units			5,450	990	—	6,440	Member Units			5,450	990	—	6,440

Impact Telecom, Inc.	LIBOR Plus 6.50% (Floor 2.00%)	78		1,569	1	—	1,570	LIBOR Plus 6.50% (Floor 2.00%)	118		1,569	1	—	1,570
	13% Secured Debt	1,849		15,515	378	—	15,893	13% Secured Debt	2,596		15,515	378	—	15,893
	Warrants			4,160	—	—	4,160	Warrants			4,160	—	—	4,160

Indianapolis Aviation	15% Secured Debt	299		3,100	—	—	3,100	15% Secured Debt	432		3,100	—	—	3,100
Partners, LLC	Warrants			2,540	—	—	2,540	Warrants			2,540	—	—	2,540

Jensen Jewelers of Idaho, LLC	Prime Plus 6.75% (Floor 2.00%)	227		3,655	1,000	300	4,355
	Member Units	846		3,580	1,020	—	4,600
Jensen Jewelers of								Prime Plus 6.75% (Floor 2.00%)	345		3,655	1,002	452	4,205
Idaho, LLC								Member Units	916		3,580	1,170	—	4,750

Lighting Unlimited, LLC	8% Secured Debt	61		1,550	—	36	1,514	8% Secured Debt	92		1,550	—	36	1,514
	Preferred Equity			439	—	5	434	Preferred Equity			439	—	5	434
	Warrants			40	—	—	40	Warrants			40	—	—	40
	Member Units	80		360	60	—	420	Member Units	100		360	60	—	420

Marine Shelters Holdings, LLC	12% Secured Debt	656		10,112	38	1,602	8,548
(LoneStar Marine Shelters)	Preferred Member Units			3,750	1,602	—	5,352
Marine Shelters								12% Secured Debt	930		10,112	178	1,602	8,688
Holdings, LLC (LoneStar								Preferred Member Units			3,750	1,602	—	5,352
Marine Shelters)

Company	Investments(1)							Investments(1)

MH Corbin Holding LLC								10% Secured Debt	124		—	13,864	—	13,864
								Preferred Member Units	12		—	6,000	—	6,000

Mid-Columbia Lumber	10% Secured Debt	88		1,750	—	—	1,750	10% Secured Debt	133		1,750	—	—	1,750
Products, LLC	12% Secured Debt	235		3,900	—	—	3,900	12% Secured Debt	355		3,900	—	—	3,900
	Member Units	(56	)	10,180	—	2,790	7,390	Member Units	(56	)	10,180	—	6,200	3,980
	9.5% Secured Debt	44		927	—	23	904	9.5% Secured Debt	65		927	—	34	893
	Member Units	13		550	—	—	550	Member Units	18		550	—	—	550

MSC Adviser I, LLC	Member Units	909		15,580	14,350	—	29,930	Member Units	1,519		15,580	16,725	—	32,305

Mystic Logistics, Inc	12% Secured Debt	623		9,790	210	—	10,000	12% Secured Debt	940		9,790	210	552	9,448
	Common Stock	55		2,720	3,860	—	6,580	Common Stock	112		2,720	3,860	—	6,580

NAPCO Precast, LLC	Prime Plus 2.00% (Floor 7.00%)	171		625	7	7	625	Prime Plus 2.00% (Floor 7.00%)	257		625	10	10	625
	Prime Plus 2.00% (Floor 7.00%)	417		2,923	4	4	2,923	Prime Plus 2.00% (Floor 7.00%)	629		2,923	5	5	2,923
	18% Secured Debt			4,468	13	13	4,468	18% Secured Debt			4,468	13	13	4,468
	Member Units	450		7,560	880	—	8,440	Member Units	658		7,560	1,030	—	8,590

NRI Clinical Research, LLC	14% Secured Debt	411		4,779	9	148	4,640
	Warrants			160	—	—	160
NRI Clinical								14% Secured Debt	590		4,779	19	148	4,650
Research, LLC								Warrants			160	30	—	190
	Member Units			722	94	—	816	Member Units			722	380	50	1,052

NRP Jones, LLC	12% Secured Debt	903		11,590	1,409	176	12,823	12% Secured Debt	1,370		11,590	1,471	176	12,885
	Warrants			970	—	230	740	Warrants			970	—	520	450
	Member Units			3,190	—	710	2,480	Member Units			3,190	—	1,710	1,480

OMi Holdings, Inc.	Common Stock			13,420	—	—	13,420	Common Stock			13,420	—	—	13,420

Pegasus Research Group, LLC (Televerde)	Member Units	229		5,860	630	—	6,490
Pegasus Research								Member Units	336		5,860	630	—	6,490
Group, LLC (Televerde)

PPL RVs, Inc.	11.1% Secured Debt	583		7,860	2,112	12	9,960	11.1% Secured Debt	865		7,860	2,112	262	9,710
	Common Stock			8,160	270	—	8,430	Common Stock			8,160	550	—	8,710

Principle Environmental, LLC	12% Secured Debt	353		4,060	108	108	4,060
	12% Current / 2% PIK Secured Debt	236		3,244	40	7	3,277
Principle								12% Secured Debt	536		4,060	166	166	4,060
Environmental, LLC								12% Current / 2% PIK Secured Debt	356		3,244	61	11	3,294
	Preferred Member Units	262		11,830	—	2,270	9,560	Preferred Member Units	262		11,830	—	2,270	9,560
	Warrants			720	—	190	530	Warrants			720	—	190	530

QLS Holdings, LLC	8% Secured Debt	32		—	6,250	—	6,250	8% Secured Debt	160		—	6,410	—	6,410
	Member Units			—	2,500	—	2,500	Member Units			—	2,638	—	2,638

River Aggregates, LLC	Zero Coupon Secured Debt	56		468	56	—	524	Zero Coupon Secured Debt	72		468	72	—	540
	12% Secure Debt	16		500	—	500	—	12% Secure Debt	16		500	—	500	—
	Member Units	39		2,570	1,190	—	3,760	Member Units	154		2,570	1,260	—	3,830
	Member Units			369	1,931	—	2,300	Member Units			369	1,991	—	2,360

SoftTouch Medical	LIBOR Plus 9.00% (Floor 1.00%)	533		8,417	8	169	8,256	LIBOR Plus 9.00% (Floor 1.00%)	748		8,417	13	255	8,175
Holdings LLC	Member Units	211		5,015	—	85	4,930	Member Units	525		5,015	410	85	5,340

Southern RV, LLC	13% Secured Debt	760		11,400	15	15	11,400	13% Secured Debt	1,146		11,400	22	22	11,400
	Member Units	681		4,920	1,750	—	6,670	Member Units	933		4,920	6,680	—	11,600
	13% Secured Debt	217		3,250	4	4	3,250	13% Secured Debt	327		3,250	6	6	3,250
	Member Units			470	70	—	540	Member Units			470	70	—	540

The MPI Group, LLC	9% Secured Debt	183		2,724	196	—	2,920	9% Secured Debt	279		2,724	196	—	2,920
	Series A Preferred Units			980	—	—	980	Series A Preferred Units			980	—	—	980
	Warrants			—	—	—	—	Warrants			—	—	—	—
	Member Units			2,300	—	70	2,230	Member Units			2,300	—	70	2,230

Travis Acquisition LLC	12% Secured Debt	357		4,693	24	973	3,744	12% Secured Debt	498		4,693	28	1,093	3,628
	Member Units			13,650	460	—	14,110	Member Units			13,650	460	—	14,110

Uvalco Supply, LLC	9% Secured Debt	74		1,802	—	282	1,520	9% Secured Debt	107		1,802	—	384	1,418
	Member Units	76		3,500	—	150	3,350	Member Units	106		3,500	—	290	3,210

Vision Interests, Inc.	13% Secured Debt	216		3,154	23	49	3,128	13% Secured Debt	325		3,154	27	66	3,115
	Series A Preferred Stock			3,250	300	—	3,550	Series A Preferred Stock			3,250	300	—	3,550
	Common Stock			100	110	—	210	Common Stock			100	110	—	210

Ziegler's NYPD, LLC	6.5% Secured Debt	58		1,491	1	500	992	6.5% Secured Debt	75		1,491	1	500	992
	14% Secured Debt	197		4,880	629	2,759	2,750	14% Secured Debt	296		4,880	629	2,759	2,750
	12% Secured Debt	10		—	500	—	500	12% Secured Debt	41		—	500	—	500
	Warrants			—	—	—	—	Warrants			—	—	—	—
	Member units			—	2,834	704	2,130	Member Units			—	2,909	669	2,240

Other
Amounts from investments transferred from other 1940 Act classification during the period		340							339		—	—	—	—

		22,827		469,846	64,370	34,181	500,035		36,264		469,846	148,413	50,234	568,025

Company	Investments(1)							Investments(1)

Affiliate Investments
AFG Capital Group, LLC	11% Secured Debt	691		6,465	5,322	—	11,787	11% Secured Debt	1,069		6,465	5,734	—	12,199
	Warrants			259	—		259	Warrants			259	151	—	410
	Member Units			1,200	—		1,200	Member Units			1,200	500	—	1,700

Boss Industries, LLC	Preferred Member Units	278		2,000	340	—	2,340	Preferred Member Units	280		2,000	543	—	2,543

Bridge Capital Solutions	13% Secured Debt	456		5,837	1,017	—	6,854	13% Secured Debt	706		5,837	1,035	—	6,872
Corporation	Warrants			710	310	—	1,020	Warrants			710	310	—	1,020

Buca C, LLC	LIBOR Plus 7.25% (Floor 1.00%)	261		—	24,951	—	24,951	LIBOR Plus 7.25% (Floor 1.00%)	815		—	25,288	—	25,288
	Preferred Member Units			—	3,600	—	3,600	Preferred Member Units	56		—	3,656	—	3,656

CAI Software LLC	12% Secured Debt	330		5,348	4	—	5,352	12% Secured Debt	493		5,348	10	428	4,930
	Member Units	10		654	186	—	840	Member Units	—		654	186	—	840

Condit Exhibits, LLC	Member Units	13		610	160	—	770	Member Units	18		610	160	—	770

Congruent Credit	LP Interests (Fund II, LP)	735		18,378	—	3,819	14,559	LP Interests (Fund II, LP)	1,081		18,378	—	14,150	4,228
Opportunities Funds	LP Interests (Fund III, LP)	(35	)	7,734	1,716	—	9,450	LP Interests (Fund III, LP)	—		7,734	4,488	—	12,222

Daseke, Inc.	12% Current / 2.5% PIK Secured Debt	1,549		20,723	294	33	20,984	12% Current / 2.5% PIK Secured Debt	2,364		20,723	446	51	21,118
	Common Stock			13,780	8,880	—	22,660	Common Stock			13,780	8,880	—	22,660

Dos Rios Partners	LP Interests (Fund)			2,325	—	1,334	991	LP Interests (Fund)	—		2,325	779	1,073	2,031
	LP Interests (Fund A)			738	—	—	738	LP Interests (Fund A)	—		738	247	337	648

East Teak Fine Hardwoods, Inc.	Common Stock	8		860	—	—	860
East Teak Fine								Common Stock	12		860	—	—	860
Hardwoods, Inc.

East West Copolymer &	12% Secured Debt	592		9,436	13	—	9,449	12% Secured Debt	893		9,436	20	—	9,456
Rubber, LLC	Warrants			50	—	—	50	Warrants			50	—	—	50

Freeport Financial SBIC Fund LP	LP Interests	324		4,677	463	—	5,140
Freeport Financial SBIC								LP Interests	150		—	759	—	759
Fund LP								LP Interests	313		4,677	1,297	—	5,974

Gault Financial, LLC (RMB	10% Secured Debt	755		10,782	72	—	10,854
Capital, LLC)	Warrants			—	—	—	—
Gault Financial, LLC								10% Secured Debt	1,140		10,782	109	—	10,891
(RMB Capital, LLC)								Warrants			—	—	—	—

Glowpoint, Inc.	8% Secured Debt	19		396	92	386	102	8% Secured Debt	17		396	87	465	18
	12% Secured Debt	555		8,909	10	—	8,919	12% Secured Debt	838		8,909	15	—	8,924
	Common Stock			8,480	158	2,518	6,120	Common Stock			8,480	158	4,178	4,460

Guerdon Modular	11% Secured Debt	693		11,044	22	799	10,267	11% Secured Debt	992		11,044	29	800	10,273
Holdings, Inc.	Common Stock			2,400	583	—	2,983	Common Stock			2,400	583	393	2,590

Houston Plating and Coatings, LLC	Member Units	229		11,470	—	—	11,470
Houston Plating and								Member Units	230		11,470	—	650	10,820
Coatings, LLC

Indianhead Pipeline	12% Secured Debt	465		6,625	65	451	6,239	12% Secured Debt	690		6,625	96	675	6,046
Services, LLC	Preferred Member Units	52		1,960	197	—	2,157	Preferred Member Units	52		1,960	342	—	2,302
	Warrants			—	—	—	—	Warrants			—	—	—	—
	Member Units			—	—	—	—	Member Units			—	—	—	—

irth Solutions, LLC	Member Units	53		3,960	2,340		6,300

KBK Industries, LLC	12.5% Secured Debt	518		8,250	19	2,019	6,250	12.5% Secured Debt	720		8,250	22	2,072	6,200
	Member Units	130		6,120	—	1,550	4,570	Member Units	159		6,120	—	2,030	4,090

L.F. Manufacturing Holdings, LLC	Member Units	45		2,374	—	519	1,855
L.F. Manufacturing								Member Units	68		2,374	—	584	1,790
Holdings, LLC

MPS Denver, LLC	Member Units			1,130	—	—	1,130	Member Units			1,130	—	—	1,130

OnAsset Intelligence, Inc.	12% PIK Secured Debt	219		3,553	219		3,772	12% PIK Secured Debt	335		3,553	334		3,887
	Preferred Stock	34		2,700	34	1,354	1,380	Preferred Stock	34		2,700	34	1,354	1,380
	Warrants			—	—	—	—	Warrants			—	—	—	—

OPI International Ltd.	10% Unsecured Debt	6		—	244	—	244	10% Unsecured Debt	12		—	244	—	244
	Common Stock			4,971	—	1,771	3,200	Common Stock			4,971	—	1,771	3,200

PCI Holding Company, Inc.	Preferred Stock	237		4,430	662	—	5,092	Preferred Stock	367		4,430	366	46	4,750

Rocaceia, LLC (Quality	12% Secured Debt			11,500	300	11,550	250	12% Secured Debt			11,500	300	11,550	250
Lease and Rental	8% Secured Debt			157	—	157	—	8% Secured Debt			157	—	157	—
Holdings, LLC)	Preferred Member Units			—	—	—	—	Preferred Member Units			—	—	—	—

Radial Drilling Services Inc.	12% Secured Debt	348		3,792	94	968	2,918
	Warrants			—	—	—	—
Radial Drilling								12% Secured Debt	526		3,792	144	1,936	2,000
Services Inc.								Warrants			—	—	—	—

Samba Holdings, Inc.	12.5% Secured Debt	1,711		26,418	55	169	26,304	12.5% Secured Debt	2,570		26,418	88	841	25,665
	Common Stock			6,030	4,240	—	10,270	Common Stock			6,030	14,380	—	20,410

SYNEO, LLC								12% Secured Debt	182		2,674	26	2,700	—
								Member Units	(27	)	801	—	801	—

Item 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

The information in this section contains forward-looking statements that involve risks and uncertainties. Please see "Risk Factors" and "Cautionary Statement Concerning Forward-Looking Statements" in our Annual Report on Form 10-K for the year ended December 31, 2014, filed with the Securities and Exchange Commission (the "SEC") on February 27, 2015, and "Risk Factors" ~~herein~~in our Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2015, filed with the SEC on August 7, 2015, for a discussion of the uncertainties, risks and assumptions associated with these statements. You should read the following discussion in conjunction with the consolidated financial statements and related notes and other financial information included in the Annual Report on Form 10-K for the year ended December 31, 2014.

Main Street Capital Corporation ("MSCC") is a principal investment firm primarily focused on providing customized debt and equity financing to lower middle market ("LMM") companies and debt capital to middle market ("Middle Market") companies. The portfolio investments of MSCC and its consolidated subsidiaries are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. MSCC seeks to partner with entrepreneurs, business owners and management teams and generally provide "one stop" financing alternatives within its LMM portfolio. MSCC and its consolidated subsidiaries invest primarily in secured debt investments, equity investments, warrants and other securities of LMM companies based in the United States and in secured debt investments of Middle Market companies generally headquartered in the United States.

MSC Adviser I, LLC (the "External Investment Manager") was formed in November 2013 as a wholly owned subsidiary of MSCC to provide investment management and other services to parties other than MSCC and its subsidiaries ("External Parties") and receive fee income for such services. MSCC has been granted no-action relief by the Securities and Exchange Commission ("SEC") to allow the External Investment Manager to register as a registered investment adviser ("RIA") under Investment Advisers Act of 1940, as amended (the "Advisers Act"). Since the External Investment Manager conducts all of its investment management activities for parties outside of MSCC and its consolidated subsidiaries, it is accounted for as a portfolio investment of MSCC and is not included as a consolidated subsidiary of MSCC in MSCC's consolidated financial statements.

be a taxable entity. The Taxable Subsidiaries and the External Investment Manager are each taxed at their normal corporate tax rates based on their taxable income.

Our principal investment objective is to maximize our portfolio's total return by generating current income from our debt investments and capital appreciation from our equity and equity related investments, including warrants, convertible securities and other rights to acquire equity securities in a portfolio company. Our LMM companies generally have annual revenues between $10 million and $150 million, and our LMM portfolio investments generally range in size from $5 million to $50 million. Our Middle Market investments are made in businesses that are generally larger in size than our LMM portfolio companies, with annual revenues typically between $150 million and $1.5 billion, and our Middle Market investments generally range in size from $3 million to $15 million. Our private loan ("Private Loan") ~~portfoloio~~portfolio investments are primarily debt securities which have been originated through strategic relationships with other investment funds on a collaborative basis. Private Loan investments are typically similar in size, structure, terms and conditions to investments we hold in our LMM portfolio and Middle Market portfolio.

Our other portfolio ("Other Portfolio") investments primarily consist of investments which are not consistent with the typical profiles for our LMM, Middle Market or Private Loan portfolio investments, including investments which may be managed by third parties. In our Other Portfolio, we may incur indirect fees and expenses in connection with investments managed by third parties, such as investments in other investment companies or private funds.

Our external asset management business is conducted through our External Investment Manager. The External Investment Manager earns management fees based on the assets of the funds under management and may earn incentive fees, or a carried interest, based on the performance of the funds managed. We have entered into an agreement to provide the External Investment Manager with asset management service support in connection with its asset management business generally, and specifically for its relationship with HMS Income Fund, Inc. ("HMS Income"). Through this agreement, we provide management and other services to the External Investment Manager, as well as access to our employees, infrastructure, business relationships, management expertise and capital raising capabilities. In the first quarter of 2014, we began charging the External Investment Manager for these services. Our total expenses for the three months ended ~~June~~September 30, 2015 and 2014 are net of expenses charged to the External Investment Manager of ~~$1.2~~$1.1 million and ~~$0.4~~$0.6 million, respectively. Our total expenses for the ~~six~~nine months ended ~~June~~September 30, 2015 and 2014 are net of expenses charged to the External Investment Manager of ~~$2.0~~$3.1 million and ~~$0.7~~$1.3 million, respectively. The total contribution of the External Investment Manager to our net investment income consists of the combination of the expenses charged to the External Investment Manager and dividend income from the External Investment Manager. For the three months ended ~~June~~September 30, 2015 and 2014, the total contribution to net investment income was ~~$1.7~~$1.8 million and ~~$0.5~~$0.7 million, respectively. For the ~~six~~nine months ended ~~June~~September 30, 2015 and 2014, the total contribution to net investment income was ~~$2.9~~$4.7 million and ~~$0.8~~$1.5 million, respectively.

We seek to fill the financing gap for LMM businesses, which, historically, have had more limited access to financing from commercial banks and other traditional sources. The underserved nature of the LMM creates the opportunity for us to meet the financing needs of LMM companies while also negotiating favorable transaction terms and equity participations. Our ability to invest across a company's capital structure, from secured loans to equity securities, allows us to offer portfolio

companies a comprehensive suite of financing options, or a "one stop" financing solution. Providing

customized, "one stop" financing solutions is important to LMM portfolio companies. We generally seek to partner directly with entrepreneurs, management teams and business owners in making our investments. Our LMM portfolio debt investments are generally secured by a first lien on the assets of the portfolio company and typically have a term of between five and seven years from the original investment date. We believe that our LMM investment strategy has limited correlation to the broader debt and equity markets.

In addition to our LMM investment strategy, we pursue investments in Middle Market companies. Our Middle Market portfolio investments primarily consist of direct investments in or secondary purchases of interest bearing debt securities in privately held companies that are generally larger in size than the companies included in our LMM portfolio. Our Middle Market portfolio debt investments are generally secured by either a first or second priority lien on the assets of the portfolio company and typically have an expected duration of between three and seven years from the original investment date.

Private Loan portfolio investments ~~often referred to in the debt markets as "club deals," which~~ are primarily debt securities which have been originated through strategic relationships with other investment funds on a collaborative ~~basis.~~basis, and are often referred to in the debt markets as "club deals." Private Loan investments are typically similar in size, structure, terms and conditions to investments we hold in our LMM portfolio and Middle Market portfolio. Our Private Loan portfolio debt investments are generally secured by either a first or second priority lien on the assets of the portfolio company and typically have a term of between three and seven years from the original investment date.

The following tables provide a summary of our investments in the LMM, Middle Market and Private Loan portfolios as of ~~June~~September 30, 2015 and December 31, 2014 (this information excludes the Other Portfolio investments and the External Investment Manager which are discussed further below):

As of ~~June~~September 30, 2015, we had Other Portfolio investments in ~~six~~seven companies, collectively totaling approximately ~~$58.4~~$56.9 million in fair value and approximately ~~$59.5million~~$61.2 million in cost basis and which comprised approximately ~~3.3%~~3.0% of our Investment Portfolio (as defined in "—Critical Accounting Policies—Basis of Presentation" below). at fair value. As of December 31, 2014, we had Other Portfolio investments in six companies, collectively totaling approximately $58.9 million in fair value and approximately $56.2 million in cost basis and which comprised approximately 3.8% of our Investment Portfolio at fair value.

As previously discussed, the External Investment Manager is a wholly owned subsidiary that is treated as a portfolio investment. As of ~~June~~September 30, 2015, there was no cost basis in this investment and the investment had a fair value of ~~$29.9~~$32.3 million, which comprised 1.7% of our Investment Portfolio at fair value. As of December 31, 2014, there was no cost basis in this investment and the investment had a fair value of $15.6 million, which comprised 1.0% of our Investment Portfolio at fair value.

Our portfolio investments are generally made through MSCC and the Funds. MSCC and the Funds share the same investment strategies and criteria, although they are subject to different regulatory regimes. An investor's return in MSCC will depend, in part, on the Funds' investment returns as they are wholly owned subsidiaries of MSCC.

The level of new portfolio investment activity will fluctuate from period to period based upon our view of the current economic fundamentals, our ability to identify new investment opportunities that meet our investment criteria, and our ability to consummate the identified opportunities. The level of new investment activity, and associated interest and fee income, will directly impact future investment income. In addition, the level of dividends paid by portfolio companies and the portion of our portfolio debt investments on non-accrual status will directly impact future investment income. While we intend to grow our portfolio and our investment income over the long term, our growth and our operating results may be more limited during depressed economic periods. However, we intend to appropriately manage our cost structure and liquidity position based on applicable economic conditions and our investment outlook. The level of realized gains or losses and unrealized appreciation or depreciation on our investments will also fluctuate depending upon portfolio activity, economic conditions and the performance of our individual portfolio companies. The changes in realized gains and losses and unrealized appreciation or depreciation could have a material impact on our operating results.

Because we are internally managed, we do not pay any external investment advisory fees, but instead incur the operating costs associated with employing investment and portfolio management professionals ourselves. We believe that our internally managed structure provides us with a beneficial operating expense structure when compared to other publicly traded and privately held investment firms which are externally managed, and our internally managed structure allows us the opportunity to leverage our non-interest operating expenses as we grow our Investment Portfolio. For the three months ended ~~June~~September 30, 2015 and 2014, the ratio of our total operating expenses, excluding interest expense, as a percentage of our quarterly average total assets was ~~1.4%~~1.3% and ~~1.6%~~1.4%, respectively, on an annualized basis. For the ~~six~~nine months ended ~~June~~September 30, 2015 and 2014, the ratio of our total operating expenses, excluding interest expense as a percentage of our quarterly average total assets was 1.4% and 1.5%, respectively, on an annualized basis and 1.4% for the year ended December 31, 2014.

The total investment return on our shares of common stock for the ~~six~~nine months ended ~~June~~September 30, 2015 and 2014 was ~~11.63%~~(6.74%) and ~~4.72%~~(1.06%), respectively. Total investment return is based on the purchase of our stock at the current market price on the first day and a sale at the current market price on the last day of each period reported and assumes reinvestment of dividends at prices obtained by our dividend reinvestment plan during the period. The return does not reflect any sales load that may be paid by an investor.

During May 2012, we entered into an investment sub-advisory agreement with HMS Adviser, LP ("HMS Adviser"), which is the investment advisor to HMS Income Fund, Inc. ("HMS Income"), a non-publicly traded BDC whose registration statement on Form N-2 was declared effective by the SEC in June 2012, to provide certain investment advisory services to HMS Adviser. In December 2013, after obtaining required no-action relief from the SEC to allow us to own a registered investment adviser, we assigned the sub-advisory agreement to the External Investment Manager since the fees received from such arrangement could otherwise have negative consequences on MSCC's ability to meet the source-of-income requirement necessary for us to maintain our RIC tax treatment. Under the investment sub-advisory agreement, the External Investment Manager is entitled to 50% of the base management fee and the incentive fees earned by HMS Adviser under its advisory agreement with HMS Income. Based upon several fee waiver agreements with HMS Income and HMS Adviser, the External Investment Manager did not begin accruing the base management fee and incentive fees, if any, until January 1, 2014. Beginning January 1, 2015, the External Investment Manager conditionally agreed to waive a limited amount of the base management fee and incentive fees otherwise earned during the year ended December 31, 2015. During the three months ended ~~June~~September 30, 2015 and

2014, the External Investment Manager earned ~~$2.0~~$2.1 million and ~~$0.5~~$0.8 million, respectively, of management fees (net of fees waived, if any) under the sub-advisory agreement with HMS Adviser. During the ~~six~~nine months ended ~~June~~September 30, 2015 and 2014, the External Investment Manager earned ~~$3.4~~$5.5 million and

~~$0.8~~ $1.7 million, respectively, of management fees (net of fees waived, if any) under the sub-advisory agreement with HMS Adviser.

During April 2014, we received an exemptive order from the SEC permitting co-investments by us and HMS Income in certain negotiated transactions where co-investing would otherwise be prohibited under the 1940 Act. We have made, and in the future intend to continue to make, such co-investments with HMS Income in accordance with the conditions of the order. The order requires, among other things, that we and the External Investment Manager consider whether each such investment opportunity is appropriate for HMS Income and, if it is appropriate, to propose an allocation of the investment opportunity between us and HMS Income. Because the External Investment Manager may receive performance-based fee compensation from HMS Income, this may provide it an incentive to allocate opportunities to HMS Income instead of us.

Our financial statements are prepared in accordance with generally accepted accounting principles in the United States of America ("U.S. GAAP"). For each of the periods presented herein, our consolidated financial statements include the accounts of MSCC and its consolidated subsidiaries. The Investment Portfolio, as used herein, refers to all of our investments in LMM portfolio companies, investments in Middle Market portfolio companies, Private Loan portfolio investments, Other Portfolio investments, and the investment in the External Investment Manager, but excludes all "Marketable securities and idle funds investments". "Marketable securities and idle funds investments" are classified as financial instruments and are reported separately on our consolidated balance sheets and consolidated schedules of investments due to the nature of such investments. Our results of operations for the three and ~~six~~nine months ended ~~June~~September 30, 2015 and 2014, cash flows for the ~~six~~nine months ended ~~June~~September 30, 2015 and 2014, and financial position as of ~~June~~September 30, 2015 and December 31, 2014, are presented on a consolidated basis. The effects of all intercompany transactions between us and our consolidated subsidiaries have been eliminated in consolidation. Certain reclassifications have been made to prior period balances to conform to the current presentation, including reclassifying the expenses charged to the External Investment Manager.

Our accompanying unaudited consolidated financial statements are presented in conformity with U.S. GAAP for interim financial information and pursuant to the requirements for reporting on Form 10-Q and Article 10 of Regulation S-X. Accordingly, certain disclosures accompanying annual financial statements prepared in accordance with U.S. GAAP are omitted. In the opinion of management, the unaudited consolidated financial results included herein contain all adjustments, consisting solely of normal recurring accruals, considered necessary for the fair presentation of financial statements for the interim periods included herein. The results of operations for the three and ~~six~~nine months ended ~~June~~September 30, 2015 and 2014 are not necessarily indicative of the operating results to be expected for the full year. Also, the unaudited financial statements and notes should be read in conjunction with the audited financial statements and notes thereto for the year ended December 31, 2014. Financial statements prepared on a U.S. GAAP basis require management to make estimates and assumptions that affect the amounts and disclosures reported in the financial statements and accompanying notes. Such estimates and assumptions could change in the future as more information becomes known, which could impact the amounts reported and disclosed herein.

Under regulations pursuant to Article 6 of Regulation S-X applicable to BDCs and Accounting Standards Codification ("Codification" or "ASC") 946,Financial Services—Investment Companies

("ASC 946"), we are precluded from consolidating other entities in which we have equity investments, including those in which we have a controlling interest, unless the other entity is another investment company. An exception to this general principle in ASC 946 occurs if we hold a controlling interest in

an operating company that provides all or substantially all of its services directly to us or to one of our portfolio companies. Accordingly, as noted above, our consolidated financial statements include the financial position and operating results for the Funds and the Taxable Subsidiaries. Our consolidated financial statements also include the financial position and operating results for our wholly owned operating subsidiary, Main Street Capital Partners, LLC, ("MSCP"), as the wholly owned subsidiary provides all of its services directly or indirectly to Main Street or our portfolio companies. We have determined that all of our portfolio investments do not qualify for this exception, including the investment in the External Investment Manager. Therefore, our Investment Portfolio is carried on the consolidated balance sheet at fair value with any adjustments to fair value recognized as "Net Change in Unrealized Appreciation (Depreciation)" on the consolidated statements of operations until the investment is realized, usually upon exit, resulting in any gain or loss being recognized as a "Net Realized Gain (Loss)."

The most significant determination inherent in the preparation of our consolidated financial statements is the valuation of our Investment Portfolio and the related amounts of unrealized appreciation and depreciation. As of ~~June~~September 30, 2015 and December 31, 2014, our Investment Portfolio valued at fair value represented approximately ~~95%~~96% and 92% of our total assets, respectively. We are required to report our investments at fair value. We follow the provisions of FASB ASC 820,Fair Value Measurements and Disclosures ("ASC 820"). ASC 820 defines fair value, establishes a framework for measuring fair value, establishes a fair value hierarchy based on the quality of inputs used to measure fair value, and enhances disclosure requirements for fair value measurements. ASC 820 requires us to assume that the portfolio investment is to be sold in the principal market to independent market participants, which may be a hypothetical market. Market participants are defined as buyers and sellers in the principal market that are independent, knowledgeable and willing and able to transact.

Our portfolio strategy calls for us to invest primarily in illiquid debt and equity securities issued by private, LMM companies and more liquid debt securities issued by Middle Market companies that are generally larger in size than the LMM companies. We categorize some of our investments in LMM companies and Middle Market companies as Private Loan investments ~~often referred to in the debt markets as "club deals,"~~ which are investments, generally in debt instruments, that we originate on a collaborative basis with other investment ~~funds.~~funds, and are often referred to in the debt markets as "club deals." Private Loan investments are typically similar in size, structure, terms and conditions to investments we hold in our LMM portfolio and Middle Market portfolio. Our portfolio also includes Other Portfolio investments which primarily consist of investments that are not consistent with the typical profiles for our LMM portfolio investments, Middle Market portfolio investments or Private Loan portfolio investments, including investments which may be managed by third parties. Our portfolio investments may be subject to restrictions on resale.

LMM investments and Other Portfolio investments generally have no established trading market while Middle Market securities generally have established markets that are not active. Private Loan investments may include investments which have no established trading market or have established markets that are not active. We determine in good faith the fair value of our Investment Portfolio pursuant to a valuation policy in accordance with ASC 820 and a valuation process approved by our Board of Directors and in accordance with the 1940 Act. Our valuation policies and processes are intended to provide a consistent basis for determining the fair value of our Investment Portfolio.

For LMM portfolio investments, we generally review external events, including private mergers, sales and acquisitions involving comparable companies, and include these events in the valuation

process by using an enterprise value waterfall methodology ("Waterfall") for our LMM equity investments and an income approach using a yield-to-maturity model ("Yield-to-Maturity") for our LMM debt investments. For Middle Market portfolio investments, we primarily use quoted prices in the valuation process. We determine the appropriateness of the use of third-party broker quotes, if any,

in determining fair value based on our understanding of the level of actual transactions used by the broker to develop the quote and whether the quote was an indicative price or binding offer, the depth and consistency of broker quotes and the correlation of changes in broker quotes with underlying performance of the portfolio company and other market indices. For Middle Market and Private Loan portfolio investments in debt securities for which we have determined that third-party quotes or other independent pricing are not available or appropriate, we generally estimate the fair value based on the assumptions that we believe hypothetical market participants would use to value the investment in a current hypothetical sale using the Yield-to-Maturity valuation method. For our Other Portfolio equity investments, we generally calculate the fair value of the investment primarily based on the net asset value ("NAV") of the fund. All of the valuation approaches for our portfolio investments estimate the value of the investment as if we were to sell, or exit, the investment as of the measurement date.

These valuation approaches consider the value associated with our ability to control the capital structure of the portfolio company, as well as the timing of a potential exit. For valuation purposes, "control" portfolio investments are composed of debt and equity securities in companies for which we have a controlling interest in the equity ownership of the portfolio company or the ability to nominate a majority of the portfolio company's board of directors. For valuation purposes, "non-control" portfolio investments are generally composed of debt and equity securities in companies for which we do not have a controlling interest in the equity ownership of the portfolio company or the ability to nominate a majority of the portfolio company's board of directors.

Under the Waterfall valuation method, we estimate the enterprise value of a portfolio company using a combination of market and income approaches or other appropriate valuation methods, such as considering recent transactions in the equity securities of the portfolio company or third-party valuations of the portfolio company, and then perform a waterfall calculation by using the enterprise value over the portfolio company's securities in order of their preference relative to one another. The enterprise value is the fair value at which an enterprise could be sold in a transaction between two willing parties, other than through a forced or liquidation sale. Typically, private companies are bought and sold based on multiples of EBITDA, cash flows, net income, revenues, or in limited cases, book value. There is no single methodology for estimating enterprise value. For any one portfolio company, enterprise value is generally described as a range of values from which a single estimate of enterprise value is derived. In estimating the enterprise value of a portfolio company, we analyze various factors including the portfolio company's historical and projected financial results. The operating results of a portfolio company may include unaudited, projected, budgeted or pro forma financial information and may require adjustments for non-recurring items or to normalize the operating results that may require significant judgment in our determination. In addition, projecting future financial results requires significant judgment regarding future growth assumptions. In evaluating the operating results, we also analyze the impact of exposure to litigation, loss of customers or other contingencies. After determining the appropriate enterprise value, we allocate the enterprise value to investments in order of the legal priority of the various components of the portfolio company's capital structure. In applying the Waterfall valuation method, we assume the loans are paid off at the principal amount in a change in control transaction and are not assumed by the buyer, which we believe is consistent with our past transaction history and standard industry practices.

Under the Yield-to-Maturity valuation method, we use the income approach to determine the fair value of debt securities, based on projections of the discounted future free cash flows that the debt security will likely generate, including analyzing the discounted cash flows of interest and principal amounts for the debt security, as set forth in the associated loan agreements, as well as the financial

position and credit risk of each of these portfolio investments. Our estimate of the expected repayment date of our debt securities is generally the legal maturity date of the instrument, as we generally intend to hold our loans and debt securities to maturity. The Yield-to-Maturity analysis considers changes in leverage levels, credit quality, portfolio company performance and other factors. We will use the value

determined by the Yield-to-Maturity analysis as the fair value for that security; however, because of our general intent to hold our loans to maturity, the fair value will not exceed the principal amount of the debt security valued using the Yield-to-Maturity valuation method. A change in the assumptions that we use to estimate the fair value of our debt securities using the Yield-to-Maturity valuation method could have a material impact on the determination of fair value. If there is deterioration in credit quality or if a debt security is in workout status, we may consider other factors in determining the fair value of the debt security, including the value attributable to the debt security from the enterprise value of the portfolio company or the proceeds that would most likely be received in a liquidation analysis.

Under the NAV valuation method, for an investment in an investment fund that does not have a readily determinable fair value, we measure the fair value of the investment predominately based on the NAV of the investment fund as of the measurement date. However, in determining the fair value of the investment, we may consider whether adjustments to the NAV are necessary in certain circumstances, based on the analysis of any restrictions on redemption of our investment as of the measurement date, recent actual sales or redemptions of interests in the investment fund, and expected future cash flows available to equity holders, including the rate of return on those cash flows compared to an implied market return on equity required by market participants, or other uncertainties surrounding our ability to realize the full NAV of our interests in the investment fund.

Pursuant to our internal valuation process and the requirements under the 1940 Act, we perform valuation procedures on our portfolio investments quarterly. In addition to our internal valuation process, in determining the estimates of fair value for our investments in LMM portfolio companies, we, among other things, consult with a nationally recognized independent financial advisory services firm. The nationally recognized independent financial advisory services firm analyzes and provides observations and recommendations regarding our determinations of the fair value of our LMM portfolio company investments. The nationally recognized independent financial advisory services firm is generally consulted relative to our investments in each LMM portfolio company at least once in every calendar year, and for our investments in new LMM portfolio companies, at least once in the twelve-month period subsequent to the initial investment. In certain instances, we may determine that it is not cost-effective, and as a result is not in our stockholders' best interest, to consult with the nationally recognized independent financial advisory services firm on our investments in one or more LMM portfolio companies. Such instances include, but are not limited to, situations where the fair value of our investment in a LMM portfolio company is determined to be insignificant relative to the total Investment Portfolio. We consulted with our independent financial advisory services firm in arriving at our determination of fair value on our investments in a total of 2944 LMM portfolio companies for the ~~six~~nine months ended ~~June~~September 30, 2015, representing approximately ~~43%~~75% of the total LMM portfolio at fair value as of ~~June~~September 30, 2015, and on a total of 3142 LMM portfolio companies for the ~~six~~nine months ended ~~June~~September 30, 2014, representing approximately ~~50%~~74% of the total LMM portfolio at fair value as of ~~June~~September 30, 2014. Excluding our investments in new LMM portfolio companies which have not been in the Investment Portfolio for at least twelve months subsequent to the initial investment as of ~~June~~September 30, 2015 and ~~2104,~~2014, as applicable, and our investments in the LMM portfolio companies that were not reviewed because their equity is publicly traded, the percentage of the LMM portfolio reviewed by our independent financial advisory services firm for the ~~six~~nine months ended ~~June~~September 30, 2015 and 2014 was ~~48%~~82% and ~~53%~~83% of the total LMM portfolio at fair value as of ~~June~~September 30, 2015 and 2014, respectively.

For valuation purposes, all of our Middle Market portfolio investments are non-control investments. To the extent sufficient observable inputs are available to determine fair value, we use observable inputs to determine the fair value of these investments through obtaining third-party quotes or other independent pricing. For Middle Market portfolio investments for which we have determined that third-party quotes or other independent pricing are not available or appropriate, we generally estimate the fair value based on the assumptions that we believe hypothetical market participants would use to value such Middle Market debt investments in a current hypothetical sale using the

Yield-to-Maturity valuation method and such Middle Market equity investments in a current hypothetical sale using the Waterfall valuation method. We do not generally consult with any financial advisory services firms in connection with determining the fair value of our Middle Market debt investments.

For valuation purposes, all of our Private Loan portfolio investments are non-control investments. For Private Loan portfolio investments for which we have determined that third-party quotes or other independent pricing are not available or appropriate, we generally estimate the fair value based on the assumptions that we believe hypothetical market participants would use to value such Private Loan debt investments in a current hypothetical sale using the Yield-to-Maturity valuation method and such Private Loan equity investments in a current hypothetical sale using the Waterfall valuation method. The nationally recognized independent financial advisory services firm analyzes and provides observations and recommendations regarding ~~the~~ our determinations of the fair value of our Private Loan portfolio company investments.

For valuation purposes, all of our Other Portfolio investments are non-control investments. Our Other Portfolio investments comprised approximately ~~3.3%~~3.0% and 3.8%, respectively, of our Investment Portfolio at fair value as of ~~June~~September 30, 2015 and December 31, 2014. Similar to the LMM investment portfolio, market quotations for Other Portfolio equity investments are generally not readily available. For our Other Portfolio equity investments, we generally determine the fair value of our investments using the NAV valuation method. For Other Portfolio debt investments, we generally determine the fair value of these investments through obtaining third-party quotes or other independent pricing to the extent that these inputs are available and appropriate to determine fair value. For Other Portfolio debt investments for which we have determined that third-party quotes or other independent pricing are not available or appropriate, we generally estimate the fair value based on the assumptions that we believe hypothetical market participants would use to value such Other Portfolio debt investments in a current hypothetical sale using the Yield-to-Maturity valuation method.

For valuation purposes, our investment in the External Investment Manager is a control investment. Market quotations are not readily available for this investment, and as a result, we determine the fair value of the External Investment Manager using the Waterfall valuation method under the market approach. In estimating the enterprise value, we analyze various factors, including the entity's historical and projected financial results, as well as its size, marketability and performance relative to the population of market ~~multiples.~~comparables. This valuation approach estimates the value of the investment as if we were to sell, or exit, the investment. In addition, we consider the value associated with our ability to control the capital structure of the company, as well as the timing of a potential exit.

Due to the inherent uncertainty in the valuation process, our determination of fair value for our Investment Portfolio may differ materially from the values that would have been determined had a ready market for the securities existed. In addition, changes in the market environment, portfolio company performance and other events that may occur over the lives of the investments may cause the gains or losses ultimately realized on these investments to be materially different than the valuations currently assigned. We determine the fair value of each individual investment and record changes in fair value as unrealized appreciation or depreciation.

Our Board of Directors has the final responsibility for overseeing, reviewing and approving, in good faith, our determination of the fair value for our Investment Portfolio and our valuation procedures, consistent with 1940 Act requirements. We believe our Investment Portfolio as of ~~June~~September 30, 2015 and December 31, 2014 approximates fair value as of those dates based on the markets in which we operate and other conditions in existence on those reporting dates.

We record interest and dividend income on the accrual basis to the extent amounts are expected to be collected. Dividend income is recorded as dividends are declared by the portfolio company or at the point an obligation exists for the portfolio company to make a distribution. In accordance with our valuation policies, we evaluate accrued interest and dividend income periodically for collectability. When a loan or debt security becomes 90 days or more past due, and if we otherwise do not expect the debtor to be able to service all of its debt or other obligations, we will generally place the loan or debt security on non-accrual status and cease recognizing interest income on that loan or debt security until the borrower has demonstrated the ability and intent to pay contractual amounts due. If a loan or debt security's status significantly improves regarding the debtor's ability to service the debt or other obligations, or if a loan or debt security is fully impaired, sold or written off, we remove it from non-accrual status.

We may periodically provide services, including structuring and advisory services, to our portfolio companies or other third parties. For services that are separately identifiable and evidence exists to substantiate fair value, fee income is recognized as earned, which is generally when the investment or other applicable transaction closes. Fees received in connection with debt financing transactions for services that do not meet these criteria are treated as debt origination fees and are deferred and accreted into interest income over the life of the financing.

We hold certain debt and preferred equity instruments in our Investment Portfolio that contain payment-in-kind ("PIK") interest and cumulative dividend provisions. The PIK interest, computed at the contractual rate specified in each debt agreement, is periodically added to the principal balance of the debt and is recorded as interest income. Thus, the actual collection of this interest may be deferred until the time of debt principal repayment. Cumulative dividends are recorded as dividend income, and any dividends in arrears are added to the balance of the preferred equity investment. The actual collection of these dividends in arrears may be deferred until such time as the preferred equity is redeemed or sold. To maintain RIC tax treatment (as discussed below), these non-cash sources of income may need to be paid out to stockholders in the form of distributions, even though we may not have collected the PIK interest and cumulative dividends in cash. We stop accruing PIK interest and cumulative dividends and write off any accrued and uncollected interest and dividends in arrears when we determine that such PIK interest and dividends in arrears are no longer collectible. For the three months ended ~~June~~September 30, 2015 and 2014, (i) approximately ~~1.8%~~2.2% and ~~4.0%~~2.5%, respectively, of our total investment income was attributable to PIK interest income not paid currently in cash and (ii) approximately ~~0.9%~~1.2% and ~~1.1%~~1.8%, respectively, of our total investment income was attributable to cumulative dividend income not paid currently in cash. For the ~~six~~nine months ended ~~June~~September 30, 2015 and 2014, (i) approximately ~~2.0%~~2.1% and ~~4.6%~~3.9%, respectively, of our total investment income was attributable to PIK interest income not paid currently in cash and (ii) approximately ~~0.9%~~1.0% and ~~1.1%~~1.4%, respectively, of our total investment income was attributable to cumulative dividend income not paid currently in cash.

We account for our share-based compensation plans using the fair value method, as prescribed by ASC 718,Compensation—Stock Compensation. Accordingly, for restricted stock awards, we measure the grant date fair value based upon the market price of our common stock on the date of the grant and amortize the fair value of the awards as share-based compensation expense over the requisite service period, which is generally the vesting term.

The Taxable Subsidiaries hold certain portfolio investments for us. The Taxable Subsidiaries permit us to hold equity investments in portfolio companies which are "pass-through" entities for tax purposes and to continue to comply with the "source-income" requirements contained in the RIC tax provisions of the Code. The Taxable Subsidiaries are consolidated with us for U.S. GAAP financial reporting purposes, and the portfolio investments held by the Taxable Subsidiaries are included in our consolidated financial statements as portfolio investments and recorded at fair value. The Taxable Subsidiaries are not consolidated with MSCC for income tax purposes and may generate income tax expense, or benefit, and tax assets and liabilities, as a result of their ownership of certain portfolio investments. The taxable income, or loss, of the Taxable Subsidiaries may differ from their book income, or loss, due to temporary book and tax timing differences and permanent differences. This income tax expense, or benefit, if any, and the related tax assets and liabilities, are reflected in our consolidated financial statements.

MSCC's wholly owned subsidiary MSCP is included in our consolidated financial statements for financing reporting purposes. For tax purposes, MSCP has elected to be treated as a taxable entity, and therefore is not consolidated with MSCC for income tax purposes and is taxed at normal corporate tax rates based on its taxable income and, as a result of its activities, may generate income tax expense or benefit. The taxable income, or loss, of MSCP may differ from its book income, or loss, due to temporary book and tax timing differences and permanent differences. This income tax expense, or benefit, if any, and the related tax assets and liabilities, are reflected in our consolidated financial statements.

Our LMM portfolio investments primarily consist of secured debt, equity warrants and direct equity investments in privately held, LMM companies based in the United States. Our LMM portfolio companies generally have annual revenues between $10 million and $150 million, and our LMM investments generally range in size from $5 million to $50 million. The LMM debt investments are typically secured by either a first or second priority lien on the assets of the portfolio company,

generally bear interest at fixed rates, and generally have a term of between five and seven years from the original investment date. In most LMM portfolio companies, we receive nominally priced equity warrants and/or make direct equity investments in connection with a debt investment.

Our Middle Market portfolio investments primarily consist of direct investments in or secondary purchases of interest-bearing debt securities in privately held companies based in the United States that are generally larger in size than the companies included in our LMM portfolio. Our Middle Market portfolio companies generally have annual revenues between $150 million and $1.5 billion, and our Middle Market investments generally range in size from $3 million to $15 million. Our Middle Market portfolio debt investments are generally secured by either a first or second priority lien on the assets of the portfolio company and typically have a term of between three and seven years from the original investment date.

Our Private Loan portfolio investments ~~often referred to in the debt markets as "club deals," which~~ are primarily debt securities which have been originated through strategic relationships with other investment funds on a collaborative ~~basis.~~basis, and are often referred to in the debt markets as "club deals." Private Loan investments are typically similar in size, structure, terms and conditions to investments we hold in our LMM portfolio and Middle Market portfolio. Our Private Loan portfolio debt investments are generally secured by either a first or second priority lien on the assets of the portfolio company and typically have a term of between three and seven years from the original investment date.

Our Other Portfolio investments primarily consist of investments which are not consistent with the typical profiles for LMM, Middle Market and Private Loan portfolio investments, including investments which may be managed by third parties. In the Other Portfolio, we may incur indirect fees and expenses in connection with investments managed by third parties, such as investments in other investment companies or private funds.

Our external asset management business is conducted through our External Investment Manager. We have entered into an agreement to provide the External Investment Manager with asset management service support in connection with its asset management business generally, and specifically for its relationship with HMS Income Fund, Inc. ("HMS Income"). Through this agreement, we provide management and other services to the External Investment Manager, as well as access to our employees, infrastructure, business relationships, management expertise and capital raising capabilities. In the first quarter of 2014, we began charging the External Investment Manager for these services. Our total expenses for the three months ended ~~June~~September 30, 2015 and 2014 are net of expenses charged to the External Investment Manager of ~~$1.2~~$1.1 million and ~~$0.4~~$0.6 million, respectively. Our total expenses for the ~~six~~nine months ended ~~June~~September 30, 2015 and 2014 are net of expenses charged to the External Investment Manager of ~~$2.0~~$3.1 million and ~~$0.7~~$1.3 million, respectively. The External Investment Manager earns management fees based on the assets of the funds under management and may earn incentive fees, or a carried interest, based on the performance of the funds managed.

The following tables summarize the composition of our total combined LMM portfolio investments, Middle Market portfolio investments and Private Loan portfolio investments at cost and fair value by type of investment as a percentage of the total combined LMM portfolio investments, Middle Market portfolio investments and Private Loan portfolio investments as of ~~June~~September 30, 2015 ~~and~~

and December 31, 2014 (this information excludes the Other Portfolio investments and the External Investment Manager).

Our LMM portfolio investments, Middle Market portfolio investments and Private Loan portfolio investments carry a number of risks including: (1) investing in companies which may have limited operating histories and financial resources; (2) holding investments that generally are not publicly traded and which may be subject to legal and other restrictions on resale; and (3) other risks common to investing in below investment grade debt and equity investments in our Investment Portfolio. Please see "Risk Factors—Risks Related to Our Investments" contained in our Form 10-K for the fiscal year ended December 31, 2014 and "Risk Factors" below for a more complete discussion of the risks involved with investing in our Investment Portfolio.

We utilize an internally developed investment rating system to rate the performance of each LMM portfolio company and to monitor our expected level of returns on each of our LMM investments in relation to our expectations for the portfolio company. The investment rating system takes into consideration various factors, including each investment's expected level of returns and the collectability of our debt investments, comparisons to competitors and other industry participants and the portfolio company's future outlook.

to be entitled in exchange for those goods or services. Under the new guidance, an entity is required to perform the following five steps: (1) identify the contract(s) with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to the performance obligations in the contract, and (5) recognize revenue when (or as) the entity satisfies a performance obligation. The new guidance will significantly enhance comparability of revenue recognition practices across entities, industries, jurisdictions and capital markets. Additionally, the guidance requires improved disclosures as to the nature, amount, timing and uncertainty of revenue that is recognized. The FASB tentatively decided to defer the effective date of the new revenue standard for public entities under U.S. GAAP for one year. If finalized, the new guidance will be effective for the annual reporting period beginning after December 15, 2017, including interim periods within that reporting period. Early adoption would be permitted for annual reporting periods beginning after December 15, 2016. We are currently evaluating the impact the adoption of this new accounting standard will have on our financial statements.

In April 2015, the FASB issued ASU 2015-03,Simplifying the Presentation of Debt Issuance Costs, which changes the presentation of debt issuance costs in financial statements. ASU 2015-03 requires an entity to present such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs will continue to be reported as interest expense. It is effective for annual reporting periods beginning after December 15, 2016. Early adoption is permitted. The new guidance will be applied retrospectively to each prior period presented. The impact of the adoption of this new accounting standard on our consolidated financial statements is currently being evaluated.

In May 2015, the FASB issued ASU 2015-07,Fair Value Measurements—Disclosures for Certain Entities that Calculate Net Asset Value per ~~Share.~~Share. This amendment updates guidance intended to eliminate the diversity in practice surrounding how investments measured at net asset value under the practical expedient with future redemption dates have been categorized in the fair value hierarchy. Under the updated guidance, investments for which fair value is measured at net asset value per share using the practical expedient should no longer be categorized in the fair value hierarchy, while investments for which fair value is measured at net asset value per share but the practical expedient is not applied should continue to be categorized in the fair value hierarchy. The updated guidance requires retrospective adoption for all periods presented and is effective for interim and annual reporting periods beginning after December 15, 2015, with early adoption permitted. The impact of the adoption of this new accounting standard on our consolidated financial statements is currently being evaluated.

From time to time, new accounting pronouncements are issued by the FASB or other standards setting bodies that are adopted by us as of the specified effective date. We believe that the impact of

recently issued standards and any that are not yet effective will not have a material impact on our financial statements upon adoption.

Inflation has not had a significant effect on our results of operations in any of the reporting periods presented herein. However, our portfolio companies have experienced, and may in the future experience, the impacts of inflation on their operating results, including periodic escalations in their costs for labor, raw materials and third party services and required energy consumption.

We may be a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financial needs of our portfolio companies. These instruments include commitments to extend credit and involve, to varying degrees, elements of liquidity and credit risk in

excess of the amount recognized in the balance sheet. At ~~June~~September 30, 2015, we had a total of ~~$139.2~~$140.8 million in outstanding commitments comprised of (i) 25 investments with commitments to fund revolving loans that had not been fully drawn or term loans with additional commitments not yet funded and (ii) ~~seven~~eight investments with capital commitments that had not been fully called.

As of ~~June~~September 30, 2015, the future fixed commitments for cash payments in connection with our SBIC debentures and the 4.50% Notes and the 6.125% Notes for each of the next five years and thereafter are as follows:

As of ~~June~~September 30, 2015, we had ~~$226.0~~$346.0 million in borrowings outstanding under our Credit Facility, and the Credit Facility is currently scheduled to mature in September 2019. The Credit Facility contains two, one-year extension options which could extend the maturity to September 2021. See further discussion of the Credit Facility terms in "—Liquidity and Capital Resources—Capital Resources".

As discussed further above, the External Investment Manager is treated as a wholly owned portfolio company of MSCC and is included as part of our Investment Portfolio. At ~~June~~September 30, 2015, we had a receivable of ~~$1.9~~$2.3 million due from the External Investment Manager which included approximately ~~$1.4~~$1.7 million primarily related to operating expenses incurred by us required to support the External Investment Manager's business, along with dividends declared but not paid by the External Investment Manager of approximately ~~$0.5~~$0.6 million.

In June 2013, we adopted a deferred compensation plan for the non-employee members of our board of directors, which allows the directors at their option to defer all or a portion of the fees paid

for their services as directors and have such deferred fees paid in shares of our common stock within 90 days after the participant's end of service as a director. As of ~~June~~September 30, 2015, $1.0 million of directors' fees had been deferred under this plan. These deferred fees represented 32,190 shares of our common shares. These shares will not be issued or included as outstanding on the consolidated statement of changes in net assets until each applicable participant's end of service as a director, but are included in operating expenses and weighted-average shares outstanding on our consolidated statement of operations as earned.

During October 2015, we declared a semi-annual supplemental cash dividend of $0.275 per share payable in December 2015. This supplemental cash dividend is in addition to the previously announced regular monthly cash dividends that we declared for the fourth quarter of 2015 of $0.180 per share for each of October, November and December 2015.

In ~~July~~October 2015, we led a new portfolio investment totaling ~~$17.4~~$15.5 million of invested capital in ~~HW Temps LLC~~Apex Linen Service, Inc. ("~~HW"~~Apex Linen"), to fund Apex Linen's near-term growth opportunities, with us funding ~~$13.9~~$12.4 million of the investment. Our investment in HWApex Linen included a first-lien, senior secured term debt investment and a ~~preferred equity investment.~~revolving line of credit. We and our co-investor ~~partnered to facilitate~~also provided a ~~recapitalization~~commitment for $2.5 million of ~~HW and to support HW's growth initiatives.~~additional first-lien, senior secured term debt in the near-term future upon the completion of certain conditions. In addition, we and our co-investor are providing ~~HW an undrawn credit facility~~Apex Linen a conditional commitment beyond the $2.5 million of additional first-lien, senior secured term debt for additional capital to support its future

growth ~~initiatives and working capital needs.~~opportunities. Headquartered in ~~South Easton, Massachusetts~~Las Vegas, Nevada, and founded in ~~1980, HW~~2010 by long-established industry experts, Apex Linen provides ~~temporary staffing~~commercial laundry and ~~related~~linen services ~~primarily~~ to ~~employers~~the hotel and gaming industry in the ~~light industrial, manufacturing, and distribution industries.~~Las Vegas metropolitan area.

In July 2015, we completed the exit of our remaining equity investment in irth Solutions, LLC, a leading provider of field service and asset management solutions to the utility and energy industries ("irth Solutions"), as a part of a majority recapitalization of the irth Solutions by its management team and a private equity investment firm. We made its initial investment in irth Solutions in December 2010. As part of this transaction, we realized a gain of approximately $6.0 million on the sale of our equity investment.

~~During August~~November 2015, we declared regular monthly dividends of $0.180 per share for each month of ~~October, November~~January, February and ~~December~~March of ~~2015.~~2016. These regular monthly dividends equal a total of $0.540 per share for the ~~fourth~~first quarter of ~~2015~~2016 and represent a 5.9% increase from the regular monthly dividends declared for the ~~fourth~~first quarter of ~~2014.~~2015. Including the regular monthly dividends declared for the ~~fourth~~first quarter of ~~2015,~~2016, we will have paid ~~$15.605~~$16.420 per share in cumulative dividends since our October 2007 initial public offering.

We are subject to financial market risks, including changes in interest rates. Changes in interest rates may affect both our cost of funding and our interest income from portfolio investments and Marketable securities and idle funds investments. Our risk management systems and procedures are designed to identify and analyze our risk, to set appropriate policies and limits and to continually monitor these risks. Our investment income will be affected by changes in various interest rates, including LIBOR and prime rates, to the extent of any debt investments that include floating interest rates. The majority of our debt investments are made with either fixed interest rates or floating rates that are subject to contractual minimum interest rates for the term of the investment. As of ~~June~~September 30, 2015, approximately 60% of our debt investment portfolio (at cost) bore interest at floating rates, ~~all~~99% of which were subject to contractual minimum interest rates. As of ~~June~~September 30, 2015, none of our Marketable securities and idle funds investments (at cost) bore interest at floating rates. Our interest expense will be affected by changes in the published LIBOR rate in connection with our Credit Facility; however, the interest rates on our outstanding SBIC debentures and our 4.50% Notes and 6.125% Notes, which comprise the majority of our outstanding debt, are fixed for the life of such debt. As of ~~June~~September 30, 2015, we had not entered into any interest rate hedging arrangements. The following table shows the approximate annualized increase (decrease) in the components of net

investment income due to hypothetical base rate changes in interest rates, assuming no changes in our investments and borrowings as of ~~June~~September 30, 2015.

The hypothetical results would also be impacted by the changes in the amount of debt outstanding under our Credit Facility (with an increase (decrease) in the debt outstanding under the Credit Facility resulting in an (increase) decrease in the hypothetical interest expense).

As of the end of the period covered by this report, we carried out an evaluation, under the supervision and with the participation of our management, including our Chairman, Chief Executive Officer and President, our Chief Financial Officer, our Chief Compliance Officer and our Chief Accounting Officer, of the effectiveness of the design and operation of our disclosure controls and procedures (as defined in Rule 13a-15 of the Securities Exchange Act of 1934). Based on that evaluation, our Chairman, Chief Executive Officer and President, our Chief Financial Officer, our Chief Compliance Officer and our Chief Accounting Officer, have concluded that our current disclosure controls and procedures are effective in timely alerting them of material information relating to us that is required to be disclosed in the reports we file or submit under the Securities Exchange Act of 1934. There have been no changes in our internal control over financial reporting that occurred during the quarter ended ~~June~~September 30, 2015 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

We may, from time to time, be involved in litigation arising out of our operations in the normal course of business or otherwise. Furthermore, third parties may try to seek to impose liability on us in connection with the activities of our portfolio companies. While the outcome of any current legal proceedings cannot at this time be predicted with certainty, we do not expect any current matters will materially affect our financial condition or results of operations; however, there can be no assurance whether any pending legal proceedings will have a material adverse effect on our financial condition or results of operations in any future reporting period.

There have been no material changes to the risk factors as previously disclosed in our Annual Report on Form 10-K for the year ended December 31, 2014 that we filed with the SEC on February 27, 2015 ~~except as described below:~~

~~We may be exposed to higher risks~~and in our Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2015, filed with ~~respect to our investments that include original issue discount or PIK interest.~~

~~Our investments may include original issue discount and contractual PIK interest, which represents contractual interest added to a loan balance and due at~~ the end of such loan's term. To the extent original issue discount or PIK interest constitute a portion of our income, we are exposed to typical risks associated with such income being required to be included in taxable and accounting income prior to receipt of cash, including the following:SEC on August 7, 2015.

During the three months ended ~~June~~September 30, 2015, we issued ~~304,100~~140,857 shares of our common stock under our dividend reinvestment plan. These issuances were not subject to the registration requirements of the Securities Act of 1933, as amended. The aggregate value of the shares of common stock issued during the three months ended ~~June~~September 30, 2015 under the dividend reinvestment plan was approximately ~~$9.4~~$4.3 million.

On November 3, 2015, our Board of Directors increased the size of the Board from six to eight directors and appointed Brian E. Lane and Stephen B. Solcher as directors to fill the vacancies created by the increase to serve until our 2016 Annual Meeting of Stockholders. Mr. Lane was also appointed to serve on the Nominating and Corporate Governance Committee of the Board, and Mr. Solcher was also appointed to serve on the Audit Committee of the Board.

Mr. Lane, age 58, has served as Chief Executive Officer and President of Comfort Systems USA, Inc. (NYSE: FIX) since December 2011 and as a director of Comfort Systems since November 2010. Mr. Lane served as Comfort Systems' President and Chief Operating Officer from March 2010 until December 2011. Mr. Lane joined Comfort Systems in October 2003 and served as Vice President and then Senior Vice President for Region One until he was named Executive Vice President and Chief Operating Officer in January 2009. Prior to joining Comfort Systems, Mr. Lane spent fifteen years at Halliburton Company (NYSE: HAL), a global service and equipment company devoted to energy, industrial, and government customers. During his tenure at Halliburton, he held various positions in business development, strategy and project initiatives, and he departed as the Regional Director of Europe and Africa. Mr. Lane's additional experience included serving as a Regional Director of Capstone Turbine Corporation (NASDAQ: CPST), a distributed power manufacturer. He also was a Vice President of Kvaerner, an international engineering and construction company, where he focused on the chemical industry. Mr. Lane is also a member of the Board of Directors of Griffen Dewatering Corporation, a privately held company. Mr. Lane earned a Bachelor of Science in Chemistry from the University of Notre Dame and his MBA from Boston College.

Mr. Solcher, age 55, has served as the Senior Vice President of Finance and Business Operations and Chief Financial Officer of BMC Software, Inc., a privately held company, since 2005. Previously,

Mr. Solcher served as BMC's Treasurer and Vice President of Finance. He joined BMC in 1991 as Assistant Treasurer and became Treasurer the following year. During Mr. Solcher's tenure, BMC grew from nearly $130 million in annual revenue to $2.2 billion in annual revenue in 2013, its last year operating as a public company. In addition to leading many M&A transactions as Chief Financial Officer, Mr. Solcher was instrumental in BMC's transition from being a publicly traded company to becoming a private held company in 2013. Prior to joining BMC, he was employed by Arthur Andersen as a certified public accountant. Mr. Solcher also serves on the development board of the Mays Business School at Texas A&M University and has served on the board of numerous nonprofit organizations. He was recognized by Institutional Investor magazine as part of the "All American Executive Team" in 2010 and 2012 and by Houston Business Journal as 2012 Best CFO—Large Public Company.

Messrs. Lane and Solcher will be entitled to receive compensation for their service on the Board consistent with our director compensation program for non-employee directors. In connection with their appointment to the Board, we entered into our standard form of indemnification agreement with Messrs. Lane and Solcher, the form of which was previously filed as Exhibit (k)(13) to our Pre-Effective Amendment No. 3 to Registration Statement on Form N-2 (Reg. No. 333-142879) filed on September 21, 2007.

The Board has determined that each of Messrs. Lane and Solcher qualifies as an independent director under the 1940 Act and the listing standards of the New York Stock Exchange, and Mr. Solcher also qualifies as an "audit committee financial expert" under the SEC's rules. There are no arrangements or understandings between Mr. Lane or Mr. Solcher and any other persons pursuant to which they were selected as directors. There are no current or proposed transactions between us and either of Mr. Lane or Mr. Solcher or their immediate family members that would require disclosure under Item 404(a) of Regulation S-K promulgated by the SEC.

On November 3, 2015, the Board of Directors promoted certain senior executive officers to the following additional roles at Main Street: Dwayne L. Hyzak as President, Curtis L. Hartman as Vice Chairman, and David L. Magdol as Vice Chairman, effective immediately. Mr. Hyzak has served as Main Street's Chief Operating Officer and Senior Managing Director since November 2014; Mr. Hartman has served as Main Street's Chief Credit Officer and Senior Managing Director since 2011; and Mr. Magdol has served as Main Street's Chief Investment Officer and Senior Managing Director since 2011. In addition, Messrs. Hyzak, Hartman and Magdol also serve as members of Main Street's investment committee and have served in various executive roles at Main Street and its predecessor funds since the early 2000's.

Messrs. Hyzak, Hartman and Magdol will retain their former titles in addition to the new roles and will also continue to serve as members of Main Street's investment committee. Mr. Foster, who was previously Main Street's President, will retain the title of Chief Executive Officer and the ongoing responsibilities as the principal executive officer at Main Street along with remaining Chairman of the Board. Reference is made to the biographical information with respect to Messrs. Foster, Hyzak, Hartman and Magdol set forth under the headings "Election of Directors" and "Executive Officers" in our 2015 Proxy Statement, which description is incorporated herein by reference.

On November 3, 2015, the Board of Directors approved and adopted the Main Street Capital Corporation Deferred Compensation Plan (the "Plan"). The Plan will be effective on January 1, 2016 and at such time will replace the existing Main Street Capital Corporation Deferred Compensation Plan for Non-Employee Directors. Under the Plan, non-employee directors and certain key employees

may defer receipt of some or all of their cash compensation, subject to certain limitations. Main Street may also make discretionary employer contributions to the Plan. Individuals participating in the Plan receive distributions of their respective balances based on predetermined payout schedules or other events, as defined by the Plan and are also able to direct investments made on their behalf among investment alternatives permitted from time to time under the Plan, including phantom Main Street stock units. The above summary is not complete and is qualified in its entirety to the full text of the Plan attached as Exhibit 10.1 hereto and are incorporated herein by reference.

Listed below are the exhibits which are filed as part of this report (according to the number assigned to them in Item 601 of Regulation S-K):

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


(Mark One)
ý		QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended ~~June~~September 30, 2015
OR
o		TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For the transition period from: to


Maryland (State or other jurisdiction of incorporation or organization)		41-2230745 (I.R.S. Employer Identification No.)
1300 Post Oak Boulevard, 8^th floor Houston, TX (Address of principal executive offices)		77056 (Zip Code)


Large accelerated filerý		Accelerated filero		Non-accelerated filero		Smaller reporting companyo

	Six Months Ended June 30,						Nine Months Ended September 30,

	2015			2014			2015			2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net increase in net assets resulting from operations	$	76,227		$	57,185		$	96,895		$	78,754
Adjustments to reconcile net increase in net assets resulting from operations to net cash used in operating activities:
Investments in portfolio companies		(483,365	)		(396,660	)		(727,099	)		(637,843	)
Proceeds from sales and repayments of debt investments in portfolio companies		324,309			226,804			421,933			396,557
Proceeds from sales and return of capital of equity investments in portfolio companies		16,174			1,208			29,289			26,117
Investments in marketable securities and idle funds investments		(3,463	)		(11,901	)		(4,483	)		(17,704	)
Proceeds from sales and repayments of marketable securities and idle funds investments		3,566			14,461			7,094			22,747
Net change in unrealized appreciation		(29,460	)		(23,227	)
Net realized loss		7,693			4,921
Net change in net unrealized appreciation								(20,372	)		(7,160	)
Net realized (gain) loss								9,037			(10,789	)
Accretion of unearned income		(4,397	)		(6,020	)		(6,474	)		(8,167	)
Payment-in-kind interest		(1,534	)		(3,051	)		(2,485	)		(3,947	)
Cumulative dividends		(734	)		(752	)		(1,242	)		(1,422	)
Share-based compensation expense		2,942			1,826			4,592			3,034
Amortization of deferred financing costs		1,263			776			1,899			1,184
Deferred taxes		(5,810	)		4,641			(8,551	)		6,643
Changes in other assets and liabilities:
Interest receivable and other assets		(1,092	)		(5,122	)		(3,493	)		(4,480	)
Interest payable		615			2,440			147			(171	)
Accounts payable and other liabilities		(3,211	)		(4,573	)		(1,618	)		(1,584	)
Deferred fees and other		1,024			586			1,438			1,457

Net cash used in operating activities		(99,253	)		(136,458	)		(203,493	)		(156,774	)
CASH FLOWS FROM FINANCING ACTIVITIES
Proceeds from public offering of common stock, net of offering costs		127,764			139,697			127,764			139,697
Dividends paid		(53,470	)		(46,016	)		(75,453	)		(64,739	)
Proceeds from issuance of SBIC debentures		—			24,800			—			24,800
Proceeds from credit facility		301,000			213,000			473,000			353,000
Repayments on credit facility		(293,000	)		(197,000	)		(345,000	)		(303,000	)
Payment of deferred loan costs and SBIC debenture fees		(130	)		(1,080	)		(132	)		(1,880	)
Purchase of vested stock for employee payroll tax withholding		(1,738	)		(1,149	)		(1,740	)		(1,481	)
Other		(13	)		—			(83	)		—

Net cash provided by financing activities		80,413			132,252			178,356			146,397

Net decrease in cash and cash equivalents		(18,840	)		(4,206	)		(25,137	)		(10,377	)
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD		60,432			34,701			60,432			34,701

CASH AND CASH EQUIVALENTS AT END OF PERIOD	$	41,592		$	30,495		$	35,295		$	24,324



Supplemental cash flow disclosures:
Interest paid	$	13,575		$	7,545		$	21,708		$	15,701
Taxes paid	$	2,219		$	3,089		$	2,504		$	3,656
Non-cash financing activities:
Shares issued pursuant to the DRIP	$	9,397		$	7,349		$	13,658		$	10,845

	Common Stock												Accumulated Net Realized Gain From Investments, Net of Dividends			Net Unrealized Appreciation from Investments, Net of Income Taxes					Common Stock												Accumulated Net Realized Gain From Investments, Net of Dividends			Net Unrealized Appreciation from Investments, Net of Income Taxes

	Common Stock									Accumulated Net Investment Income, Net of Dividends											Common Stock									Accumulated Net Investment Income, Net of Dividends
	Number of Shares			Par Value			Additional Paid-In Capital			Accumulated Net Investment Income, Net of Dividends								Net Unrealized Appreciation from Investments, Net of Income Taxes			Number of Shares			Par Value			Additional Paid-In Capital			Accumulated Net Investment Income, Net of Dividends									Net Unrealized Appreciation from Investments, Net of Income Taxes
Balances at December 31, 2013		39,852,604		$	398		$	694,981		$	22,778		$	(26,334	)	$	100,710					39,852,604		$	398		$	694,981		$	22,778		$	(26,334	)	$	100,710
Public offering of common stock, net of offering costs		4,600,000			46			139,651			—			—			—					4,600,000			46			139,651			—			—			—
Share-based compensation		—			—			1,826			—			—			—		1,826			—			—			3,034			—			—			—			3,034
Purchase of vested stock for employee payroll tax withholding		(36,425	)		—			(1,149	)		—			—			—		(1,149	)		(46,507	)		—			(1,481	)		—			—			—			(1,481	)
Dividend reinvestment		225,613			2			7,347			—			—			—		7,349			333,657			3			10,842			—			—			—			10,845
Amortization of directors' deferred compensation		—			—			160			—			—			—		160			—			—			229			—			—			—			229
Issuance of restricted stock		228,008			3			(3	)		—			—			—		—			241,578			2			(2	)		—			—			—			—
Tax benefit related to vesting of restricted shares																						—			—			542			—			—			—			542
Forfeited shares of terminated employees																						(36,138	)		—			—			—			—			—			—
Dividends to stockholders		—			—			—			(52,619	)		(1,572	)		—		(54,191	)		—			—			—			(63,098	)		(13,549	)		—			(76,647	)
Net increase (loss) resulting from operations		—			—			—			44,319			(4,921	)		17,787		57,185			—			—			—			69,206			10,789			(1,241	)		78,754

Balances at June 30, 2014		44,869,800		$	449		$	842,813		$	14,478		$	(32,827	)	$	118,497	$	943,410
Balances at September 30, 2014																						44,945,194		$	449		$	847,796		$	28,886		$	(29,094	)	$	99,469		$	947,506



Balances at December 31, 2014		45,079,150		$	451		$	853,606		$	23,665		$	(20,456	)	$	82,716	$	939,982			45,079,150		$	451		$	853,606		$	23,665		$	(20,456	)	$	82,716		$	939,982
Public offering of common stock, net of offering costs		4,370,000			44			127,720			—			—			—		127,764			4,370,000			44			127,720			—			—			—			127,764
Share-based compensation		—			—			2,942			—			—			—		2,942			—			—			4,592			—			—			—			4,592
Purchase of vested stock for employee payroll tax withholding		(54,790	)		(1	)		(1,737	)		—			—			—		(1,738	)		(54,840	)		(1	)		(1,739	)		—			—			—			(1,740	)
Dividend reinvestment		304,100			3			9,394			—			—			—		9,397			444,957			4			13,654			—			—			—			13,658
Amortization of directors' deferred compensation		—			—			185			—			—			—		185			—			—			292			—			—			—			292
Issuance of restricted stock		240,074			2			(2	)		—			—			—		—			240,074			2			(2	)		—			—			—			—
Forfeited shares of terminated employees																						(163	)		—			—			—			—			—			—
Dividends to stockholders		—			—			—			(62,624	)		(1,319	)		—		(63,943	)		—			—			—			(88,294	)		(2,168	)		—			(90,462	)
Net increase (loss) resulting from operations		—			—			—			50,692			(7,693	)		33,228		76,227			—			—			—			78,556			(9,037	)		27,376			96,895

Balances at June 30, 2015		49,938,534		$	499		$	992,108		$	11,733		$	(29,468	)	$	115,944	$	1,090,816
Balances at September 30, 2015																						50,079,178		$	500		$	998,123		$	13,927		$	(31,661	)	$	110,092		$	1,090,981

Portfolio Company(1)	Business Description	Type of Investment(2)(3)	Cost(4)		Fair Value


Marketable Securities and Idle Funds Investments

Medallion Financial Corp.(13)(15)	Business Development Company
		Common Stock (41,501 shares)(8)		584		347

Other Marketable Securities and Idle Funds Investments(13)(15)	Investments in Marketable Securities and Diversified, Registered Bond Funds
				9,676		8,503

Subtotal Marketable Securities and Idle Funds Investments (0.5% of total investments at fair value)				10,260		8,850

Total Investments, June 30, 2015			$	1,647,868	$	1,799,202

Portfolio Company(1)	Business Description	Type of Investment(2)(3)	Cost(4)		Fair Value


Marketable Securities and Idle Funds Investments

Solar Senior Capital Ltd.(13)(15)	Business Development Company
		Common Stock (39,000 shares)(8)		742		584

Other Marketable Securities and Idle Funds Investments(13)(15)	Investments in Marketable Securities and Diversified, Registered Bond Funds
				9,862		8,483

Subtotal Marketable Securities and Idle Funds Investments (0.6% of total investments at fair value)				10,604		9,067

Total Investments, December 31, 2014			$	1,452,006	$	1,572,397

Type of Investment	Fair Value as of June 30, 2015 (in thousands)		Valuation Technique	Significant Unobservable Inputs	Range(3)

Equity investments	$	479,944	Discounted cash flow	Weighted average cost of capital	11.5% - 23.7%	14.0%
			Market comparable / Enterprise Value	EBITDA multiple(1)	4.0x - 8.5x(2)	6.7x
Debt investments	$	609,655	Discounted cash flow	Risk adjusted discount factor	8.0% - 15.8%(2)	12.0%
				Expected principal recovery percentage	39.7% - 100.0%	99.7%
Debt investments	$	694,633	Market approach	Third party quote	64.0 - 104.0

Total Level 3 investments	$	1,784,232

Type of Investment	Fair Value as of September 30, 2015 (in thousands)		Valuation Technique	Significant Unobservable Inputs	Range(3)

Equity investments	$	506,285	Discounted cash flow	Weighted average cost of capital	10.9% - 19.4%	13.0%
			Market comparable / Enterprise Value	EBITDA multiple(1)	4.0x - 8.5x(2)	6.8x
Debt investments	$	656,173	Discounted cash flow	Risk adjusted discount factor	7.6% - 15.3%(2)	11.5%
				Expected principal recovery percentage	25.4% - 100.0%	99.7%
Debt investments	$	700,516	Market approach	Third party quote	34.0 - 106.4

Total Level 3 investments	$	1,862,974

Type of Investment	Fair Value as of December 31, 2014 (in thousands)		Valuation Technique	Significant Unobservable Inputs	Range(3)

Equity investments	$	407,569	Discounted cash flow	Weighted average cost of capital	11.4% - 23.4%	13.9%
			Market comparable / Enterprise Value	EBITDA multiple(1)	4.0x - 7.8x(2)	6.4x
Debt investments	$	557,604	Discounted cash flow	Risk adjusted discount factor	7.5% - 15.8%(2)	12.1%
				Expected principal recovery percentage	42.0% - 100.0%	99.3%
Debt investments	$	589,677	Market approach	Third party quote	60.1 - 102.3

Total Level 3 investments	$	1,554,850

Type of Investment

Debt	1,147,281	—	(338,168	)	503,852	12,857		(8,170	)	(13,364	)	1,304,288
Equity	391,933	—	(9,124	)	35,403	(2,460	)	37,349		13,170		466,271
Equity Warrant	15,636	—	(1,643	)	1,680	(1,838	)	(162	)	—		13,673

	1,554,850	—	(348,935	)	540,935	8,559		29,017		(194	)	1,784,232

Type of Investment												Fair Value as of December 31, 2014		Transfers Into Level 3 Hierarchy		Redemptions/ Repayments			New Investments		Net Changes from Unrealized to Realized			Net Unrealized Appreciation (Depreciation)			Other(1)			Fair Value as of September 30, 2015

Debt	897,568	55,102	(256,107	)	376,656	6,434	(7,794	)	(2,770	)	1,069,089	$	1,147,281	$	—	$	(439,158	)	$	672,305	$	19,844		$	(32,804	)	$	(10,779	)	$	1,356,689
Equity	270,764	—	(3,252	)	16,120	2,008	31,780		3,092		320,512		391,933		—		(16,475	)		58,728		(8,250	)		55,865			10,376			492,177
Equity Warrant	36,558	—	(600	)	771	600	(3,873	)	83		33,539		15,636		—		(1,723	)		2,153		(1,687	)		(271	)		—			14,108

	1,204,890	55,102	(259,959	)	393,547	9,042	20,113		405		1,423,140	$	1,554,850	$	—	$	(457,356	)	$	733,186	$	9,907		$	22,790		$	(403	)	$	1,862,974

Type of Instrument		Fair Value as of June 30, 2015			Valuation Technique		Significant Unobservable Inputs		Range		Weighted Average				Fair Value as of September 30, 2015			Valuation Technique		Significant Unobservable Inputs		Range		Weighted Average

SBIC debentures		$	73,753		Discounted cash flow		Estimated market interest rates		3.9% - 5.9%			4.9%			$	73,804		Discounted cash flow		Estimated market interest rates		4.1% - 5.9%			4.9	%

Type of Instrument		Fair Value as of December 31, 2014			Valuation Technique		Significant Unobservable Inputs		Range		Weighted Average

SBIC debentures		$	72,981		Discounted cash flow		Estimated market interest rates		4.6% - 6.0%			5.3%


Type of Instrument	Fair Value as of December 31, 2014		Repayments		New SBIC Debentures		Net Unrealized (Appreciation) Depreciation		Fair Value as of June 30, 2015
SBIC debentures at fair value	$	72,981	$	—	$	—	$	772	$	73,753
Fair Value as of December 31, 2014											Fair Value as of December 31, 2014	Repayments		New SBIC Debentures		Net Unrealized (Appreciation) Depreciation		Fair Value as of September 30, 2015
$											72,981	$	—	$	—	$	823	$	73,804

			Fair Value Measurements								Fair Value Measurements

			(in thousands)								(in thousands)
At June 30, 2015	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
At September 30, 2015									Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
LMM portfolio investments	$	809,256	$	—	$	6,120	$	803,136	$	856,371	$	—	$	4,460	$	851,911
Middle Market portfolio investments		656,477		—		—		656,477		669,519		—		—		669,519
Private Loan portfolio investments		236,247		—		—		236,247		252,366		—		—		252,366
Other Portfolio investments		58,442		—		—		58,442		56,873		—		—		56,873
External Investment Manager		29,930		—		—		29,930		32,305		—		—		32,305

Total portfolio investments		1,790,352		—		6,120		1,784,232		1,867,434		—		4,460		1,862,974
Marketable securities and idle funds investments		8,850		8,850		—		—		4,583		4,583		—		—

Total investments	$	1,799,202	$	8,850	$	6,120	$	1,784,232	$	1,872,017	$	4,583	$	4,460	$	1,862,974



SBIC debentures at fair value	$	73,753	$	—	$	—	$	73,753	$	73,804	$	—	$	—	$	73,804

			Fair Value Measurements								Fair Value Measurements

			(in thousands)								(in thousands)
At December 31, 2014	Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
LMM portfolio investments	$	733,191	$	—	$	8,480	$	724,711	$	733,191	$	—	$	8,480	$	724,711
Middle Market portfolio investments		542,688		—		—		542,688		542,688		—		—		542,688
Private Loan portfolio investments		213,015		—		—		213,015		213,015		—		—		213,015
Other Portfolio investments		58,856		—		—		58,856		58,856		—		—		58,856
External Investment Manager		15,580		—		—		15,580		15,580		—		—		15,580

Total portfolio investments		1,563,330		—		8,480		1,554,850		1,563,330		—		8,480		1,554,850
Marketable securities and idle funds investments		9,067		9,067		—		—		9,067		9,067		—		—

Total investments	$	1,572,397	$	9,067	$	8,480	$	1,554,850	$	1,572,397	$	9,067	$	8,480	$	1,554,850



SBIC debentures at fair value	$	72,981	$	—	$	—	$	72,981	$	72,981	$	—	$	—	$	72,981

	As of June 30, 2015						As of September 30, 2015

	LMM(a)		Middle Market		Private Loan		LMM(a)		Middle Market		Private Loan
	(dollars in millions)						(dollars in millions)
Number of portfolio companies		69		85		36		71		86		41
Fair value	$	809.3	$	656.5	$	236.2	$	856.4	$	669.5	$	252.4
Cost	$	657.8	$	666.3	$	254.0	$	693.7	$	695.2	$	273.1
% of portfolio at cost—debt		70.0%		98.4%		96.0%		70.4%		98.5%		94.9%
% of portfolio at cost—equity		30.0%		1.6%		4.0%		29.6%		1.5%		5.1%
% of debt investments at cost secured by first priority lien		89.5%		86.1%		86.9%		89.6%		87.8%		87.6%
Weighted-average annual effective yield(b)		12.8%		7.9%		9.8%		12.3%		8.0%		9.5%
Average EBITDA(c)	$	6.1	$	94.1	$	12.9	$	6.1	$	97.9	$	17.1

Cost:

First lien debt	75.3%	75.7%	76.1%	75.7%
Equity	12.5%	11.6%	12.6%	11.6%
Second lien debt	9.8%	10.0%	9.0%	10.0%
Equity warrants	1.3%	1.5%	1.3%	1.5%
Other	1.1%	1.2%	1.0%	1.2%

	100.0%	100.0%	100.0%	100.0%

Fair Value:

First lien debt	66.7%	66.9%	67.3%	66.9%
Equity	22.6%	21.9%	23.0%	21.9%
Second lien debt	9.0%	9.2%	8.2%	9.2%
Equity warrants	0.8%	1.0%	0.8%	1.0%
Other	0.9%	1.0%	0.7%	1.0%

	100.0%	100.0%	100.0%	100.0%

Cost:

Southwest	31.3%	29.6%
Northeast	20.7%	19.9%
Southeast	15.8%	15.4%
West	14.9%	18.7%
Midwest	13.3%	13.5%
Canada	2.3%	0.7%
Other Non-United States	1.7%	2.2%

	100.0%	100.0%

Fair Value:

Southwest	35.5%	33.7%
Northeast	18.0%	18.3%
West	15.4%	20.4%
Midwest	14.8%	12.7%
Southeast	12.6%	12.4%
Canada	2.1%	0.6%
Other Non-United States	1.6%	1.9%

	100.0%	100.0%


Restricted stock authorized under the plan			3,000,000
Less net restricted stock granted during:
~~Six~~Nine months ended ~~June~~September 30, 2015			—

Restricted stock available for issuance as of ~~June~~September 30, 2015			3,000,000


Restricted stock authorized under the plan	300,000
Less net restricted stock granted during:
~~Six~~Nine months ended ~~June~~September 30, 2015	(4,830	)

Restricted stock available for issuance as of ~~June~~September 30, 2015	295,170

	Amount		Amount

Investments with capital commitments that have not yet funded:
Congruent Credit Opportunities Funds
Congruent Credit Opportunities Fund II, LP	$	8,488
Congruent Credit Opportunities Fund III, LP		20,550

	$	29,038
Investments with equity capital commitments that have not yet funded:
Encap Energy Fund Investments
EnCap Energy Capital Fund VIII, L.P.	$	1,140	$	1,100
EnCap Energy Capital Fund VIII Co-Investors, L.P.		243		243
EnCap Energy Capital Fund IX, L.P.		2,487		2,150
EnCap Energy Capital Fund X, L.P.		9,628		9,587
EnCap Flatrock Midstream Fund II, L.P.		8,223		7,587
EnCap Flatrock Midstream Fund III, L.P.		7,164		7,077

	$	28,885	$	27,744
Congruent Credit Opportunities Funds
Congruent Credit Opportunities Fund II, LP			$	8,488
Congruent Credit Opportunities Fund III, LP				17,901

			$	26,389
I-45 SLF LLC			$	17,000
Freeport Fund Investments
Freeport First Lien Loan Fund III LP			$	11,741
Freeport Financial SBIC Fund LP	$	2,209		1,375
Freeport First Lien Loan Fund III LP		12,500

	$	14,709	$	13,116
Dos Rios Partners
Dos Rios Partners, LP	$	5,265	$	4,486
Dos Rios Partners—A, LP		1,672		1,424

	$	6,937	$	5,910
Brightwood Capital Fund III, LP	$	6,750	$	3,750
LKCM Headwater Investments I, L.P.	$	2,750	$	2,750
Access Media Holdings, LLC			$	1,299

Total equity commitments			$	97,958
Investments with commitments to fund revolving loans that have not been fully drawn or term loans with additional commitments not yet funded:
Volusion, LLC			$	7,000
Minute Key, Inc.	$	8,800		6,000
Volusion, LLC		7,000
Vision Solutions, Inc.		5,000
Barfly Ventures, LLC				4,594
Buca C, LLC		3,000		2,670
Hydratec, Inc.		3,000
Arcus Hunting LLC		2,111
Applied Products, Inc.		2,000		2,000
Mid-Columbia Lumber Products, LLC		2,000
Glowpoint, Inc.		1,900
Guerdon Modular Holdings, Inc.		1,600
Jackmont Hospitality, Inc.		1,600
Subsea Global Solutions, LLC		1,428

	As of June 30, 2015				As of December 31, 2014				As of September 30, 2015				As of December 31, 2014

Investment Rating	Investments at Fair Value		Percentage of Total Portfolio		Investments at Fair Value		Percentage of Total Portfolio		Investments at Fair Value		Percentage of Total Portfolio		Investments at Fair Value		Percentage of Total Portfolio
			(in thousands, except percentages)								(in thousands, except percentages)
1	$	298,063		36.8%	$	287,693		39.2%	$	308,947		36.1%	$	287,693		39.2%
2		141,524		17.5%		133,266		18.2%		149,100		17.4%		133,266		18.2%
3		247,538		30.6%		239,100		32.6%		280,574		32.8%		239,100		32.6%
4		113,131		14.0%		61,475		8.4%		117,500		13.7%		61,475		8.4%
5		9,000		1.1%		11,657		1.6%		250		0.0%		11,657		1.6%

Total	$	809,256		100.0%	$	733,191		100.0%	$	856,371		100.0%	$	733,191		100.0%

	Three Months Ended June 30,						Net Change						Three Months Ended September 30,						Net Change

	2015			2014			Amount			%			2015			2014			Amount			%
	(in thousands)												(in thousands)
Total investment income	$	41,308		$	34,877		$	6,431			18	%	$	42,608		$	36,351		$	6,257			17%
Total expenses		(14,107	)		(11,299	)		(2,808	)		25	%		(14,747	)		(11,464	)		(3,283	)		29%

Net investment income		27,201			23,578			3,623			15	%		27,861			24,887			2,974			12%
Net realized loss from investments		(5,573	)		(6,364	)		791

Net change in unrealized appreciation (depreciation) from:
Net realized gain (loss) from investments														(1,343	)		15,710			(17,053	)
Net change in net unrealized appreciation (depreciation) from:
Portfolio investments		15,901			17,053			(1,152	)					(8,389	)		(6,891	)		(1,498	)
SBIC debentures and marketable securities and idle funds		(203	)		(542	)		339						(698	)		(9,175	)		8,477

Total net change in unrealized appreciation		15,698			16,511			(813	)
Total net change in net unrealized appreciation (depreciation)														(9,087	)		(16,066	)		6,979
Income tax benefit (provision)		3,476			(3,775	)		7,251			(192	%)		3,237			(2,962	)		6,199

Net increase in net assets resulting from operations	$	40,802		$	29,950		$	10,852			36	%	$	20,668		$	21,569		$	(901	)		(4%	)

	Three Months Ended June 30, 2015														Three Months Ended September 30, 2015

	LMM(a)			Middle Market		Private Loan			Other(b)			Total			LMM(a)			Middle Market			Private Loan			Other(b)			Total
	(dollars in millions)														(dollars in millions)
Accounting reversals of net unrealized (appreciation) depreciation recognized in prior periods due to net realized gains/(losses) recognized during period															$	(5.7	)	$	(0.3	)	$	5.4		$	(0.1	)	$	(0.7	)
Net unrealized appreciation (depreciation) relating to portfolio investments	$	16.7		$	0.1	$	(5.9	)	$	3.4		$	14.3			17.0			(15.6	)		(8.3	)		(0.7	)		(7.6	)
Accounting reversals of net unrealized (appreciation)/depreciation recognized in prior periods due to net realized (gains)/losses recognized during period		(2.9	)		5.1		1.9			(2.5	)		1.6

Total net unrealized appreciation/(depreciation) relating to portfolio investments	$	13.8		$	5.2	$	(4.0	)	$	0.9		$	15.9
Total net unrealized appreciation (depreciation) relating to portfolio investments															$	11.3		$	(15.9	)	$	(2.9	)	$	(0.8	)	$	(8.3	)



Net unrealized depreciation relating to marketable securities													(0.1	)														(0.7	)
Unrealized depreciation relating to SBIC debentures(c)													(0.1	)														(0.1	)

Total net unrealized appreciation												$	15.7
Total net unrealized depreciation																											$	(9.1	)

	2015		2016		2017		2018		2019		2020 and thereafter		Total		2015		2016		2017		2018		2019		2020 and thereafter

	(dollars in thousands)														(dollars in thousands)
SBIC debentures	$	—	$	—	$	15,000	$	10,200	$	20,000	$	179,800		225,000	$	—	$	—	$	15,000	$	10,200	$	20,000	$	179,800	225,000
Interest due on SBIC debentures		4,748		9,448		9,423		8,130		7,807		17,601		57,157		—		9,446		9,423		8,130		7,807		17,601	52,407
Notes 6.125%		—		—		—		—		—		90,810		90,810		—		—		—		—		—		90,740	90,740
Interest due on 6.125% Notes		2,780		5,562		5,562		5,562		5,562		19,467		44,495		1,388		5,558		5,558		5,558		5,558		19,453	43,073
4.50% Notes		—		—		—		—		175,000		—		175,000		—		—		—		—		175,000		—	175,000
Interest due on 4.50% Notes		3,938		7,875		7,875		7,875		7,875		—		35,438		3,938		7,875		7,875		7,875		7,875		—	35,438

Total	$	11,466	$	22,885	$	37,860	$	31,767	$	216,244	$	307,678	$	627,900	$	5,326	$	22,879	$	37,856	$	31,763	$	216,240	$	307,594	621,658

Basis Point Change	Increase in Interest Income		Increase in Interest Expense			Increase (Decrease) in Net Investment Income			Increase in Interest Income		Increase in Interest Expense			Increase (Decrease) in Net Investment Income			Increase (Decrease) in Net Investment Income per Share

	(dollars in thousands)										(dollars in thousands)
50	$	72	$	(1,130	)	$	(1,058	)	$	129	$	(1,730	)	$	(1,601	)	$	(0.03	)
100		1,848		(2,260	)		(412	)		2,430		(3,460	)		(1,030	)		(0.02	)
150										6,619		(5,190	)		1,429			0.03
200		9,806		(4,520	)		5,286			10,949		(6,920	)		4,029			0.08
300		17,975		(6,780	)		11,195			19,613		(10,380	)		9,233			0.18
400		26,153		(9,040	)		17,113			28,287		(13,840	)		14,447			0.29
500		34,358		(11,300	)		23,058			36,987		(17,300	)		19,687			0.39

		Description of Exhibit

~~31.1~~10.1	†	Form of Main Street Capital Corporation Deferred Compensation Plan Adoption Agreement and Plan Document.
31.1		Certification of Chief Executive Officer Pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934.
31.2		Certification of Chief Financial Officer Pursuant to Rule 13a-14(a) under the Securities Exchange Act of 1934.
32.1		Certification of Chief Executive Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. 1350).
32.2		Certification of Chief Financial Officer Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 (18 U.S.C. 1350).


		Main Street Capital Corporation
Date: ~~August 7,~~November 6, 2015		/s/ VINCENT D. FOSTER Vincent D. Foster Chairman ~~President~~ and Chief Executive Officer ~~(principal~~ (principal executive officer)
Date: ~~August 7,~~November 6, 2015		/s/ BRENT D. SMITH Brent D. Smith Chief Financial Officer and Treasurer (principal financial officer)
Date: ~~August 7,~~November 6, 2015		/s/ SHANNON D. MARTIN Shannon D. Martin Vice President and Chief Accounting Officer ~~(principal~~ (principal accounting officer)