appreciate today's Investor morning, Thanks, be earnings of for throughout that Quarter the is Fourth We Joe, presentation site. our today's section good note XXXX that you posted and call, to joining our on Please us Relations everyone. referring we'll call.
of BBDC Officer, Barings On Freund, Private Financial Matt joined Barings Elizabeth Global Portfolio and Head the Murray; by BDC's Finance Manager, Chief Bryan and call I'm today, President, High.
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the regulatory often possible in first investing horizons. in are illiquid we they months alongside only equity the to occurred that hold assess are know, the over experience private illiquid securities it make for X-year investors private our shifts equity who capital of coming As shifts X may XXXX The firms X- investing in investors have difficult credit to securities.
firms compelling to of already opportunities compelling and be into of the invest. a opportunities transactions pace the the Barings to we expect the of for on portfolio providing Add-on capital enhance cautious know. deploy private to value companies continue remain remain we portfolio existing companies buyout to equity and size Consequently, new to way
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investors. valuations divest protected portfolio XX% at from goal XXXX. -- from the now for to quarter. fair Our are of a this did risk BBDC originated at remains as reminder, are by these up of attractive We beginning losses XX% the assets the downside assets Barings value, limiting support as we potential agreements acquired positions at credit
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nonaccruals on assets, a portfolio is fair down X.X% This of a the basis Including of value our and X.X% X.X% MVC December value acquired on a a XXXX. fair the are basis. XX, cost industry-leading cost the as basis X.X% basis Sierra from and and on total on
power on of On our yield dividend an of the fourth basis, annualized per quarter the weighted The consistent $XX.XX. level share, a value our dividend remain to and Turning equates quarter. dividend prior portfolio. net to the the declared Board yield was $X.XX X.X% base asset at with value earnings average policy, conservative fair We a of our XX.X%. on
our As we dividends installments. also paid Board $X.XX quarterly announced, of a supplemental be that declared has X dividend have separately will in
equates best of believe portfolio's in the we XX% continued I'll level Matt. the net over scheduled nonaccruals, the and anticipate extremely compelling turn Taken performance, yield quarters were year to now ended NII dividend and December based asset the asset We net strength XXXX, call dividend, December's to ahead. together measures with the value for on the our value. regularly
