Thank more Trident. with Three were Services two marks US you, These the in $X quarter changed than and positive on we’re balance this Well [Endemol], Rocco. million. marks large movers. our The movement
expansion, the results mark were and [Endemol] [Endemol] which to this Our organic on improving this from improved leverage. growth has reduced quarter. an company with encouraging XX profile, financial XX margin coupled
Class aggregate from the improved concern. XX of company Services in $X.X performance our financial for on pleased as Well’s quarters. profile as and over the and since customer US a XX, units we're materially for million. of stabilized A improved to challenging including debt with weakness results decreased We mark Well Class past Trident in several equity restructuring, reason the better and on Our Trident’s us margins. that Health We virtue B restructuring, base, the give own US volumes well have mark by
over and to constructively monitor to coming continue expect stakeholders closely the the months. We work credit with
significantly portfolio this yield improved Our quarter.
explained of role. the of new all a our of investments Bird combination in our lower Rocco Electric, and successful played realizations the assets quarter restructuring the yielding As
also opportunities that better relationships a available and both transaction. more Our the focus lending protections yield structural on direct typical attractive Montreign are to Liberty, went with and significantly syndicated in
the Over the is preservation long-term, capital. believe essential for of we structuring
to We’re shareholders. sustainable committed our dividend to paying a
second to in of we full quarter. dividend dividend we excess calendar on our during December year our under-earned the XXXX. cover And the earn and quarter, track the for fourth dividend we Although, expect are to the quarter in both
run as portfolio as rate our look confidence Our we as well yield current size into give portfolio XXXX.
with We and to protections continue the reinvesting repayments capital. appropriate related be capital the of and return for to to ebbs our and flows sensitive
Our portfolio investment our by grew $XX.X activity million.
XXX,XXX disconnect. late factor by and declined June of and in closed income Montreign timing between investments seeming Liberty interest our The in September. quarter. September Both quarter were key a in the However,
times, X.X actual below at quarter plus X.XX our minus at leverage times. X.XX entered We target quarter under-levered also the That end. is our September which being or
We we the quarter are to leverage our did repayments; fee expect investments any current keep incentive due earn between in X.XX in comfortable we the current earn and We fee our although, at and to X.XX do strive largely not to times. timing September of and level our the quarter. leverage our incentive
XX, believe changing income or in XXXX to Directors with from ability XXth. of portfolio which for net level secured January our believe management $X.XX reducing profile of to of and without continued quarter maintaining payable December declared our while We opportunities. our NII our X, risk have active ended share, in as is December per shareholders our in our generate order our record Board will the XXXX sustain lending We a dividend. dividend be quality portfolio Our distribution on focus of lowering the work of investment consistent investment to
portfolio favor in additional with we a unforgiving rotate market the of lower opportunities of more believe to generally direct exited and yielding portfolio structures. liquid was positive impact that lenders, have investments we in As yield that syndicated significant favor In better out we current deals had in lower loans. identified closed than our of assets direct investments also we’re yielding yields We future. more have conservatively have and on in two the loans see room permit, we structures and for
focusing for past focused our packages sustainable company Q&A. of We additional Operator, over decreased think non you capital and the the underwrites term. structures, on teams, value covenants investments we management our NAV the security conservatively, current average have our preserving Over size, open long our The the energy increased protection quality could on preservation line financial have accruals. in for especially upside in also but portfolio number position and and year, potential please team our portfolio, capital, reduced remains book. of