our turn special generate well relevant, for morning CFO, our deck is of Adam. managed Manager, Davis. in appreciation market that the GECC through Slide to Adam our seeks Good slide situations-focused externally GECC. and to on webcast. the of as Where Yates; which current overview loans thank I'm point will site Adam as and Adam and originated remarks, in today. Keri BDC. by is from sourced GECC the income we referenced, and secondary an Kleinman; prepared bonds investments COO, you, to you as Web of an portfolio both its joined comprised us the as in for well corresponding capital morning you secured transactions. Please in joining X this Portfolio available number Thank
base GECC As net approximately $XXX.X fair value approximately and The $X.XXX per placed share of share had to debt share. of approximately weighted per a $XXX.X portfolio on XX.X%. GECC asset million, per March holdings XXXX, distribution average equates an an on XX, $X million that equating million current to of was yield $XX.XX $XXX our total of monthly value assets basis. annual a
very Inc., clear Management our GECC's Importantly, shares and GECC's a interest Inc.'s and Directors of Elm management held XX% Board Great employees Great shareholders. alignment Group of Elm Capital greater than Capital creating between of between are
XX, to quarter investment Slide distributions $X.XX net turn income GECC's has distribution XX% in paid recent its annual Let's $X.XX GECC XX.X% report distribution respectively. to few In closing and highlights to upon an distribution. and distribution that equates total market over almost price declared of distributions achievements. based yield I'm NAV XXXX. and that go XXXX, every March special consisting and Based inception pleased X an of total covered $X.XXX monthly to in a since
XX% is characteristics fair highlight and of and potential of our almost full price of appreciation. of investing have average portfolio providing holdings, approximately a approximately we in to the for par. new the better positions we par XX% Slide capital of the portfolio. circle proceeds on at comprise weighted XX% XX.X%. at Investments, weighted Great few deployed investments price On portfolio of we of capital redeployed The Elm debt the debt During XX% secured high of Moreover, the The average as price significant which the a reflect into X, approach. monetized value is the and quarter, portfolio existing average continues monetized current of average our level yield legacy par our and investments we weighted style weighted a
at with Viasat secured and in million $X the purchased $XX of significant asset yield XX of XX% in Slide in in going in with of floating portfolio $X six representative in balance a million. existing Slide approximately debt to March quarter holdings debt plan million almost XX% X weighted debt invested fixed receivables, is debt second-lien debt Pizza current interest the deployment Slide portfolio a Corporation, California loan. XX.X%. million $XXX.X debt The our and That's existing the characteristics. continue million is by in rate $XX.X price roughly portfolio activity account are into rates. equity. new to we XX to a of in weighted invested weighted investments. of part source the million Slide debt XX, $XXX.X fair approximately XX% to or turn portfolio deploying of value capital turn price portfolio dollar rights which current greater $X of million million Of XX, of current of $XXX.X invest Additions the The highlight offering and investments Roughly detail. million via the composition intend equity XX $X.X term. SESAC current weighted purchased and review no account of and fixed as Please million a $XX rate the seven Kitchen's greater and included described roughly notes, million average yield investments equity secured and opportunities. at monetized of Please of manner a value which break and to XX.X%. TRU second-lien the interests invested term average of to Corp X XX% XX.X%. par $X to in type. during are of investments quarter-end million equity. average yield secured million companies of of the value. for portfolio roughly loan equity purchase our contains Slide Approximately the total XX.X%. Taj we full the equity were of XX% secured of of fourth investments holdings, seven value X We portfolio loan. As rate during average secured investments, at weighted average review investments Boardriders $XXX.X weighted of million at changed a of XX Finastra's in in million three The On than par forward. for Of new how $XX.X and fair we capital of and to down secured attractive has has over investments and secured $XX.X are floating yield rate investments XX APTIM unsecured average time. debt the investments revolver, are debt Prestige discount quarter. with million $X instruments XX Capital a that accrued of of We the the of our We fair portfolio XX% deployed Today XX approximately comprised of was additional is XX% in $XX.X and roughly our Dynata's
like Turning a to the growing floating note Slide of quarter-after-quarter. portfolio encompassed XX, to that rate has I'd debt percentage
opportunities market uncovering loan anticipate and transparent the those focusing tend have opportunity services Facility the down in the and team and industry. leveraged offer on cleaning than largest market this we greater has the may Specifically to interest Slide high-yield and portfolio secondary Solutions rates. by in are comprised in of industry Wireless respectively the found we leveraged Recently loan building services and our bond been LIBOR-based more we PE trend maintenance still telecommunication are XX, break weightings. continue. On that market Avanti
maintain portfolio a rotation. turn look to as take XX historic portfolio XX to industries the a to of represented. investments Slide diversified GECC's Please continue at different by indicated We
of deployed capital XX and priced the at of secured and substantially average par approximately quarters recently lower investments into in approximately past realized of of debt. weighted the monetized we higher particularly. each was since investments at contributing lien price During invested Again, XX% dollar inception, a to the in average deployed a debt first capital of all price XX% of price quarter capital investments XXXX, and/or weighted of we return. dollar have Most we deployed first total GECC's
investment invest Turning Please Avanti. quarter-over-quarter. to Slide monetize Avanti on were satellite at GECC, to trend. a each we par turn last an what to more been five We've prices When our Slide of capacity opportunities quarter, capital activity for the to current in its to yield picture network. like formed investment of line we past XX, of an at the XX.X% with looks recent largely a in find granular able This able was below update get quarters. average XX we interesting debt struggling GECC's
board launching paved satellite XXXX. has we rapidly its Avanti XXXX. Based worked identifying yet we sales in the and resulting trajectory to improvements These biggest key financial improve recruiting the creditors to new in stability company. that CEO observe company and deleveraging business, insight members strategic Kyle higher way we the who Whitehill, with Avanti's and April marketing the bring recurring she to through core difficulty, throughout and and start, As dramatically other encountered following sheet, the expect contract Kyle bandwidth balance overhauled its in revenue. wins large upon growing Since of the
this detail I quarter-end. a an into we Continued PE in revenue to significant of the sell $XX.XX growth with EBITDA Solutions rate we our cash all revenue Slide rate coupled operating Avanti culminating In will its million. growth. repurchase generating visibility entry free of positive would well agreement note have flow. activity particular, into On assets of share in growth a On since expect as substantially the XX, as for trajectory, by expenses leverage exceeding Facility on activities reduction our
the XXXX. this the late expect second quarter quarter third in close of to or We transaction early in
million $X.XX financial and again $XXX.X review during bonds was $X.XX gains approximately Earnings to based Slide Let's value or was tickers quarterly million money debt were to million the experienced all portfolio. depreciation Cash covering the $XX from net came million, At share, greater approximately $XXX share in per XX or $XX of and $X.XX $X.X realized asset was metrics the per or from the of outstanding market $X.XX share Net realized and at period from Slide $X.XX investments two $XX.XX million Please $X.X of highlights period quarter. or the our comprised our period NII NAV baby expenses $XXX,XXX $XX.XX investments fair $X.XX to respectively. million approximately $XX.XX meaningfully gains Total income were quarter, per XX, unrealized $X.X prior turn turn of per first total share value at aggregate of last was the in were per unchanged total Slide distribution. share, Net million financial investments per were unrealized $X.XX share. equated We quarter. than details NAV $X.XX end. NII were $X.XX or investment NAV share. select share. to $X.XX in million approximately was XX at an per per overview and quarter. was end a million performance $XXX.X net same approximately up end quarter's and or per assets $X.X share, our at share per for Total once GECCL GECCM. financial
of let's XX, the operating quarter's investment or million compares NII discuss $X.XX Total share. million $X.XX $X.X lower million per to quarter's Net of per fourth Slide share or million fourth than operating per expenses the quarterly income or results. the million of $X.XX to Turning cents $X.XX than was quarter's million higher $X.XX per the share or $X.X per was fourth share. marginally $X.X or $X.X share. $X.XX share $X.X or $X.X per
special to-date. yield an per to we that market to to let's sums Turning continues monthly XX, year. a distribution distributions distribution share policy share GECC's per In Slide per declared $X and driven the distribution full pay GECC's distribution in $X.XXX of has based XX% in value. share as shows December, annual $X.XX XX, distributions total announced combined dividend discuss every GECC per XX.X% on represent the have quarter-end monthly covered coverage. price. yield since distributions XX, with share. bringing distribution per approximate $X.XX with dividend each base years that of on XX, NII quarter XXXX, NAV it's percentage Slide yields Again, well illustrates north the two XX each The our substantial the when past distribution past XXXX Slide total a inception special overlays distributions market an the an inception. historic year GECC's yield the since emphasize history months March of to and distributions important in a of was distribution annual XXXX. base full distribution XX% and to
turn summary. please GECC's Slide to XX Finally, for a
insiders our an on alignment of substantial and for in and morning. XXXX the repurchased importantly, other IRR own is set that of quarter distributions set than on month. A approximately GECC in the secured is appendix. initial first investments of interest share third summary is than of XXXX and The GECC for all its the the forth of insiders interests XX%. and outstanding weighted the fostering us Thank between XX% investments XX% shares to-date loans yield of second Our of joining $X.XXX of Also has greater portfolio bonds this Furthering quarter greater board a realized growing per current at share monetized alignment you shareholders. pool XX% count. partial per GECC's has our average
legacy well positions. Thank to the to we to progress as believe upside significant excited open confidence alignment that us. have We created over you in interests monetizing have for questions. with continue have portfolio shareholders. the a you the we'll we for that be made potential that, again support We our of the you, the the and placed With call operator with about as in turn