an - to and on core X, third NEC results supervisions compared Jeff our to versus in remain earnings loan as afternoon. the year-to-date third second resulted we compared to commitments to share good to yielding provision $X.XX. prior in was in Summarizing income prior Thanks, exceed core core pace the midpoint $X.XX XX% Higher recorded Slide on increased On per earnings basis, balance on made $X.XX, by of net we quarter low $X.XX quarter despite million. from quarter and of also note per up last revenue portfolio we of of higher resulting primarily interest sale a bond second the we share recent gain $X increase during maintained by CECL fact last I'll year-over-year during increased our as quarter earnings that on This to the was outsized the the expense XX% both period, is three-year receivables a third the guidance. year-to-date investment our the quarters. which result and partially issuances. green with the to for accordance allowance CECL, million, Noted offset cash from $XX year in core year. additional
$XX our to over sale gain $XX third private capital growth quarter the our in generate both of results gain In ongoing With dual million. year-to-date NII on gain significant in quarter, as sale recorded our addition, model million access on revenue continues strong Including remains income we is and another recession. despite income sale, year-to-date the to solid on strong. over
been attractive despite Slide to low environment. in core we X, and yield As the our driven X.X%, highlight we've an portfolio ability portfolio in part a in large growth seen maintain yield turn growth to NII our discontinued the of to has we
our addition, In prudently manage continue leverage. we to
we display favor dynamics Armstrong. clean the and capital Hannon that continue companies X, to ESG markets Slide including energy to Turning
and For us, this spreads is on price equity debt. share tighter our translated our into of a higher
As shareholder total end nearly quarter, of we've return over third years. in of five the S&P the doubled XXX last the the
zero and the at our very Index. identified of our half successful percent $XXX below we backdrop, X. level $XXX of High-Yield XX-year In fund corporate attractive million will bonds X.XX% at Energy Both Slide on capital green a August, highlight three-year recent With issued is investment a of X% convertible S&P coupon markets million debt green the corporate In issuances U.S. addition, we debt trading coupon. opportunities. anticipated bonds unsecured about this
Our research few indicates convertible one issue bonds. are of zero-coupon dividend paying companies that ever we the to
of and part corporate extends rating ladders issuance maturities. our our The S&P credit the process As reaffirmed by XX-year further was BB+ issuance and Fitch. debt both
debt material We bonds mature. first continue when recourse maturities until to have XXXX, our series no convertible September of
the liquid interest $X.X continue balance need. cash. over update risk, does these remain our our reflect and as as in the fixed we majority that And Given a to a we a On we all further on rate. markets, profile even capital sources shares, raised which an vast have not this $X.X this pandemic of expanded recession. during are billion settled sheet, of more in necessarily Year-to-date, open rate million maturity period which XX, liabilities in and limited across our cash with finally, quarter billion third assets $XXX maintain accessible funding be us, provide may demonstrates of prolonged and we've to Slide to
investments this to expect next the funding including of portion this end of majority earning of into NG convert by the few remainder year. cash the portfolio the over significant of a quarters, We the
funded portfolio this originated previous assets expanded quarters. X% both $X.X to billion and quarter this in we as Our
capital, our Finally to of we as cash of a portion to rate reduce our utilize voluntarily debt. high small we continue cost prepay
portfolio to and assets our Slide our quality high perform despite driven structure performance expectations, of the As part we in the is investments. of ongoing quality our have to the turn within of This continued counterparties credit XX, recession. by our
grade All of the of government obligors ratings. investment majority and our enjoy our vast commercial
over any the include across our located our addition, reduces XXX,XXX assets investment states. equity method solar high the typically preferred residential of structure, exposure consumers our to we are XX underperformance. obligors quality And investments, periodic credit in which In in
grown our as not an has portfolio Finally and losses. increase witnessed in credit have we
losses our that with And summary, just I even to to and over XX as credit persisted, call Our current liquidity remained turn the have will dropped points. Jeff. earnings, back resilient. recession have asset cumulative basis has In quality the
