Financial Performance - Net Investment Income (NII) for Q4 2024 was $6.0 million, or $0.28 per share, a decrease from $6.5 million, or $0.30 per share in Q3 2024[10]. - Adjusted Net Investment Income for Q4 2024 was $6.2 million, or $0.29 per share, down from $6.6 million, or $0.31 per share in Q3 2024[5]. - Total investment income for Q4 2024 was $14.0 million, compared to $15.7 million in Q3 2024, a decrease of $1.7 million[11]. - For the full year 2024, NII totaled $24.5 million, or $1.13 per share, compared to $23.2 million, or $1.07 per share in 2023[15]. - Adjusted Net Investment Income for the full year 2024 was $25.0 million, or $1.15 per share, compared to $24.1 million, or $1.11 per share in 2023[15]. - Total investment income for the full year 2024 was $60.5 million, down from $64.3 million in 2023, a decrease of $3.8 million[16]. - The Company reported a net investment income of $6,022,000 for Q4 2024, down from $6,481,000 in Q3 2024, a decline of 7.1%[36]. - Total investment income for the quarter ended December 31, 2024, was $14,023,000, a decrease of 10.7% from $15,695,000 for the previous quarter[39]. Asset and Liability Management - Net Asset Value (NAV) decreased by 3.6% to $191.8 million, or $8.85 per share, from $198.9 million, or $9.18 per share in Q3 2024[5]. - Total assets as of December 31, 2024, were $490,671,000, a decrease from $501,862,000 as of September 30, 2024, indicating a decline of 2.5%[33]. - Total liabilities decreased to $298,909,000 as of December 31, 2024, from $302,969,000 in the previous quarter, a reduction of 1.4%[33]. - The company's debt-to-equity leverage increased from 1.50 times to 1.53 times from Q3 2024 to Q4 2024[6]. Expense Management - Total expenses for Q4 2024 were $8.0 million, down from $9.2 million in Q3 2024, primarily due to lower interest and debt financing expenses[12]. - Operating expenses for the year ended December 31, 2024, totaled $35,543,000, down from $40,242,000 in 2023, a decrease of 11.7%[36]. - Total interest and other debt financing expenses for the year ended December 31, 2024, were $21,917,000, compared to $22,847,000 in 2023, indicating a decrease of 4.1%[39]. - Interest expense from the revolving credit facility for the quarter ended December 31, 2024, was $3,227,000, down from $3,630,000 in the previous quarter, a reduction of 11.1%[39]. Future Outlook and Strategy - The company aims to maximize total return to stockholders through current income and capital appreciation, focusing on middle-market companies[40]. - Forward-looking statements indicate that actual results may vary materially from projections, emphasizing the uncertainty in future performance[43]. Recognition and Management - Monroe Capital Corporation has been recognized with multiple awards, including the 2023 Lower Mid-Market Lender of the Decade, highlighting its strong market position[42]. - The company operates under the management of Monroe Capital BDC Advisors, LLC, which is registered under the Investment Advisers Act of 1940[40]. - Monroe Capital LLC specializes in private credit markets, providing capital solutions since 2004, with a focus on generating high-quality returns[41]. - The company maintains a diverse investment strategy, including direct lending and structured credit, to adapt to various economic cycles[41].

Core Viewpoint - Monroe Capital Corporation reported its financial results for Q4 and full year 2024, highlighting a commitment to prudent portfolio management and maintaining asset quality despite economic fluctuations [1][3]. Financial Highlights Fourth Quarter 2024 - Adjusted Net Investment Income (NII) was $6.2 million, or $0.29 per share, down from $6.6 million, or $0.31 per share in Q3 2024 [5][13]. - Net Asset Value (NAV) decreased by $0.33 per share, or 3.6%, to $191.8 million, or $8.85 per share as of December 31, 2024 [5][9]. - The company paid a quarterly dividend of $0.25 per share on December 30, 2024, resulting in an annualized dividend yield of approximately 11.4% [3][8]. Full Year 2024 - NII for the year totaled $24.5 million, or $1.13 per share, compared to $23.2 million, or $1.07 per share for 2023 [18]. - Adjusted NII for the year was $25.0 million, or $1.15 per share, up from $24.1 million, or $1.11 per share in 2023 [18]. - Total investment income for 2024 was $60.5 million, down from $64.3 million in 2023, primarily due to lower interest income and a decrease in average invested assets [19]. Portfolio and Investment Performance - The company's investments at fair value were $457.0 million as of December 31, 2024, down from $474.3 million at the end of Q3 2024 [7][12]. - The percentage of portfolio company investments on non-accrual status increased to 3.4% from 3.1% in the previous quarter [12]. - The weighted average contractual yield decreased to 10.2% from 11.0% in Q3 2024 [12]. Debt and Leverage - Debt-to-equity leverage increased from 1.50 times to 1.53 times during the quarter due to the timing of certain portfolio company paydowns [6]. - As of December 31, 2024, the company had $9.0 million in cash and cash equivalents and $163.9 million of debt outstanding on its revolving credit facility [23]. Management Commentary - The CEO emphasized the focus on maintaining portfolio quality and generating attractive risk-adjusted returns despite economic challenges [3].

Investment Portfolio - As of December 31, 2024, the largest industry concentrations of investments were in FIRE: Real Estate (18.2%), Healthcare & Pharmaceuticals (17.5%), and Services: Business (11.2%) [52] - The total fair value of investments in the FIRE: Real Estate industry is $83.0 million, accounting for 18.2% of total investments [71] - The company has invested approximately $2.0 million to $35.0 million in the securities of middle-market companies, with a total fair value of the ten largest portfolio company investments amounting to $161.8 million, representing 35.4% of total investments [70] - Monroe Capital's investment professionals have invested in over 2,200 loans and related investments totaling over $47.7 billion since its formation in 2004 [56] - The company reviewed more than 2,100 investment opportunities during 2024, allowing for selective loan commitments [58] - The total fair value of investments as of December 31, 2024, was $457,048 [82] - The total fair value of investments as of December 31, 2023, was $488,386, with Grade 2 investments at $405,888 (83.1%) and Grade 3 at $74,224 (15.2%) [82] Investment Risk Management - The expected average maturity for target directly originated senior and unitranche secured debt is between three to seven years, with interest rates ranging from 9% to 16% [52] - The investment strategy includes a focus on secured loans with a covenant package that provides for full or partial repayment upon asset sales and restructurings [54] - The company maintains a disciplined portfolio management approach, which includes ongoing credit monitoring and regular investment committee meetings [60] - The company aims to limit downside potential by selecting investments with a very low probability of loss and negotiating covenants that preserve capital while allowing flexibility for portfolio companies [67] - MC Advisors employs a structured process for credit evaluation, focusing on downside scenarios to minimize risks [76] - The monitoring process includes regular assessments of investment risk profiles and updates for the investment committee for higher-risk ratings [80] - The investment performance risk rating system includes five grades, with Grade 1 indicating the least risk and Grade 5 indicating substantial risk [80] Financial Performance and Fees - The base management fee is now set at an annual rate of 1.75% for average invested assets, reducing to 1.00% for assets exceeding 200% of average net assets [95] - The incentive fee consists of two parts: a quarterly fee based on pre-incentive fee net investment income and an annual capital gains incentive fee [97][105] - The pre-incentive fee net investment income must exceed a hurdle rate of 2% per quarter (8% annually) for any incentive fee to be payable [100][106] - The cumulative net increase in net assets resulting from operations over the current and preceding 11 quarters must exceed cumulative incentive fees accrued for an incentive fee to be payable [98][111] - The capital gains incentive fee is calculated as 20% of realized capital gains, adjusted for any previous fees paid [105][114] - In the case of a loss, an incentive fee may still be paid if pre-incentive fee net investment income exceeds the hurdle rate [99] - The management fee is calculated at 0.4375% and other expenses are estimated at 0.2% [108][111] - The "catch-up" provision allows for 20% of pre-incentive fee net investment income exceeding 2.5% to be paid as an incentive fee [106][112] - The total return requirement limits the incentive fee based on cumulative net increases in net assets [98][111] - The incentive fee calculations are adjusted for any share issuances or repurchases during the quarter [101][104] - The cumulative aggregate capital gains fee received by the investment advisor is $6.4 million, which is effectively greater than $5 million (20% of cumulative aggregate realized capital gains less net realized capital losses or net unrealized depreciation of $25 million) [1] Administrative and Governance Matters - For the years ended December 31, 2024, 2023, and 2022, the company incurred $2.9 million, $2.8 million, and $3.1 million in administrative expenses, respectively, with $1.0 million, $0.9 million, and $1.2 million related to MC Management overhead and salary allocation [123] - The Investment Advisory and Management Agreement will continue in effect from year to year if approved annually by the Board or by a majority of the holders of outstanding voting securities [119] - The Board concluded that the investment advisory fee rates and terms are fair and reasonable in relation to the services provided [128] - The Board reviewed the investment performance and determined that MC Advisors was delivering results consistent with the investment objective [131] - The Administration Agreement may be terminated by either party without penalty upon 60 days' written notice [122] Tax and Regulatory Compliance - The company has elected to be treated as a RIC under Subchapter M of the Code, which allows it to avoid corporate-level U.S. federal income taxes on distributed income [142] - The company must meet the Annual Distribution Requirement, which requires distributing at least 90% of its investment company taxable income to maintain RIC status [142] - The company may face challenges in meeting the Annual Distribution Requirement due to the nature of its income, which may include original issue discount that is recognized before cash is received [150] - The company is subject to financial covenants that could limit its ability to make distributions to stockholders, impacting its RIC qualification [155] - The company may need to liquidate investments to meet distribution requirements, which could result in gains or losses that affect shareholder distributions [158] - The company monitors its investment practices to mitigate potential adverse tax effects from complex U.S. federal income tax provisions [159] - The company intends to monitor its investments in equity securities treated as partnerships to prevent disqualification as a RIC [160] - If the company fails to qualify as a RIC, it would be subject to U.S. federal income tax on all taxable income at regular corporate rates, which could adversely affect stockholder distributions [163] Competitive Landscape - The company faces intensified competition in the middle-market investment sector, with competitors having greater financial and technical resources, which may affect investment opportunities [137] - The company utilizes the expertise of MC Advisors to assess investment risks and pricing for its loan portfolio, enhancing its competitive position in the market [138] Investment Flexibility and Structure - The company has received exemptive relief from the SEC, allowing it to exclude certain debts from the asset coverage test under the 1940 Act, providing increased investment flexibility [170] - The company may invest up to 100% of its assets in securities acquired directly from issuers in privately negotiated transactions [166] - The company must maintain at least 70% of its total assets in qualifying assets to comply with the 1940 Act [172] - The company has dissolved its subsidiary MRCC SBIC, which previously allowed it to obtain leverage through SBA debentures [168] - The company is permitted to issue multiple classes of indebtedness and one class of stock senior to its common stock if asset coverage is at least 150% immediately after issuance [179] - The company does not intend to enter into repurchase agreements with a single counterparty in excess of 25% of total assets to meet diversification tests [177] - The company provides significant managerial assistance to portfolio companies to ensure their securities qualify as qualifying assets [175] Risk Factors - The company is subject to financial market risks, including valuation risk, interest rate risk, currency risk, and inflation and supply chain risk [550] - The majority of the loans in the company's portfolio have floating interest rates, which are typically based on a floating SOFR [553] - A hypothetical 300 basis points increase in interest rates could lead to a net increase in investment income of $6,054,000 [554] - As of December 31, 2024, the company held no investments in foreign currencies or foreign currency forward contracts [556] - U.S. inflation rates remain well above historical levels, adversely affecting consumer spending and economic growth [557] - The company may hedge against interest rate fluctuations using standard hedging instruments, although this may limit benefits from lower interest rates [555] Compliance and Ethics - The company has adopted written policies to prevent violations of federal securities laws and reviews these policies annually [189] - The company restricts access to nonpublic personal information about stockholders to employees with a legitimate business need [193] - The company intends to make its Annual Report and other filings publicly available free of charge on its website [204] - The company has a non-exclusive, royalty-free license to use the name "Monroe Capital" as long as MC Advisors remains the investment advisor [125]

Core Viewpoint - Monroe Capital Corporation will file its Annual Report on Form 10-K for the year ended December 31, 2024, on February 28, 2025, after market close [1] - The company will announce its financial results for Q4 and full year 2024 on March 3, 2025, prior to market open, followed by a webcast and conference call [2] Company Overview - Monroe Capital Corporation is a publicly-traded specialty finance company that primarily invests in senior, unitranche, and junior secured debt, as well as unsecured debt and equity investments in middle-market companies [3] - The company's investment objective is to maximize total return to stockholders through current income and capital appreciation [3] - Investment activities are managed by Monroe Capital BDC Advisors, LLC, an investment adviser registered under the Investment Advisers Act of 1940 [3] Asset Management Firm - Monroe Capital LLC specializes in private credit markets, offering various strategies including direct lending, technology finance, venture debt, and structured credit [4] - The firm has been providing capital solutions to clients in the U.S. and Canada since 2004 and focuses on generating high-quality "alpha" returns [4] - Monroe Capital is headquartered in Chicago and has eleven offices across the U.S., Asia, and Australia [4] Awards and Recognition - Monroe Capital has received multiple awards, including being named to Inc.'s 2024 Founder-Friendly Investors List and recognized as the 2023 Lower Mid-Market Lender of the Decade by Private Debt Investor [5] - The firm has also been acknowledged for its performance in various categories, including Best CLO Manager of the Year and Best Performance in Private Debt [5]

Company Analysis - Monroe Capital (MRCC) has experienced a growing non-accrual rate of investments within its portfolio and a shrinking distribution coverage over the last twelve months [1] - The company's price has been impacted by these factors, leading to a sell rating being issued previously [1] Investment Strategy - The analyst specializes in uncovering strategies to utilize various investment vehicles, including high-quality dividend stocks, Business Development Companies, REITs, and Closed End Funds [1] - A hybrid system between growth and income is created to capture a total return on par with the S&P, while boosting investment income [1] - The approach aims to inspire average individuals to achieve early retirement without compromising portfolio safety [1]

Financial Data and Key Metrics Changes - Adjusted net investment income for Q3 2024 was $6.6 million or $0.31 per share, a nominal decrease from $6.7 million last quarter, remaining stable on a per share basis [8][19] - NAV as of September 30, 2024, was $198.9 million or $9.18 per share, slightly down from $199.3 million or $9.20 per share as of June 30, 2024, primarily due to net unrealized losses [8][21] - Debt-to-equity leverage decreased from 1.54 times at June 30, 2024, to 1.50 times at September 30, 2024, driven by payoffs and investment sales [9] Business Line Data and Key Metrics Changes - Investment portfolio totaled $474.3 million, an $11.5 million decrease from $485.8 million at the end of the last quarter, consisting of debt and equity investments in 94 portfolio companies [14] - Incremental investments in existing portfolio companies accounted for nearly 60% of investment activity during the quarter [16] - Received three full payoffs aggregating to $11.4 million and incurred partial paydowns totaling $26 million [17] Market Data and Key Metrics Changes - Middle market loan volumes rose, with M&A volumes up 43% year-over-year and LBO lending volume up 52% compared to the last quarter [15] - Delayed draw term loan funded volumes increased by 62% compared to Q3 2023, indicating a more active deal environment [15] Company Strategy and Development Direction - The company announced a strategic partnership with the Wendel Group, which will purchase a majority ownership interest and commit $1 billion in new seed capital [12] - Focus on selectively redeploying capital from payoffs into accretive investment opportunities and incumbent portfolio companies [28] - The partnership is expected to enhance the company's investment strategies and diversify its offerings [12][36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to navigate market challenges and maximize outcomes for shareholders [24] - The company anticipates a more active deal environment in the middle market through 2024 and into 2025, supported by private equity managers benefiting from lower interest rates [16][30] - The strategic partnership with Wendel is expected to provide significant new investment opportunities and enhance the company's overall platform [30] Other Important Information - The weighted average effective yield on the portfolio's debt and preferred equity investments was 11%, down from 11.9% due to a decline in base rates and one investment moving to nonaccrual status [20] - Total expenses for Q3 2024 were $9.2 million, a slight increase from $9.1 million in the previous quarter, but decreased by $200,000 when excluding incentive fee limitations [25] Q&A Session Summary Question: Focus on expense control - A participant suggested that the company should focus on containing operating expenses to positively impact share price [32] Question: Wendel partnership and BDC impact - Inquiry about whether new strategies from the Wendel partnership would diversify the BDC's lending strategies [35] - Management confirmed that MRCC would benefit from additional strategies that are synergistic and would create diversification [36] Question: Manager support for MRCC - A question regarding the expectation of continued support from the manager in terms of fee waivers if necessary [37] - Management affirmed a history of being investor-friendly and supportive of MRCC [38]

Core Viewpoint - Monroe Capital (MRCC) reported quarterly earnings of $0.31 per share, exceeding the Zacks Consensus Estimate of $0.29 per share, and showing an increase from $0.25 per share a year ago, indicating a positive earnings surprise of 6.90% [1] Financial Performance - The company achieved revenues of $15.7 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 3.25%, although this is a slight decrease from $15.64 million in the same quarter last year [2] - Over the last four quarters, Monroe Capital has exceeded consensus EPS estimates two times and revenue estimates two times [2] Stock Performance - Since the beginning of the year, Monroe Capital shares have increased by approximately 14.8%, while the S&P 500 has gained 25.8%, indicating underperformance relative to the broader market [3] - The current Zacks Rank for Monroe Capital is 3 (Hold), suggesting that the stock is expected to perform in line with the market in the near future [6] Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $0.29 on revenues of $14.83 million, and for the current fiscal year, it is $1.12 on revenues of $60.84 million [7] - The trend of estimate revisions for Monroe Capital is mixed, which may change following the recent earnings report [6] Industry Context - The Financial - Investment Management industry, to which Monroe Capital belongs, is currently ranked in the top 10% of over 250 Zacks industries, suggesting a favorable outlook for stocks in this sector [8]

Financial Performance - Net Investment Income (NII) for Q3 2024 was $6.5 million, or $0.30 per share, a slight decrease from $6.6 million, or $0.30 per share in Q2 2024[1][8] - Adjusted Net Investment Income for Q3 2024 totaled $6.6 million, or $0.31 per share, down from $6.7 million, or $0.31 per share in Q2 2024[2][8] - Total investment income for Q3 2024 was $15.7 million, slightly up from $15.6 million in Q2 2024, primarily due to increased fee income[9] - Total investment income increased slightly to $15,695,000 from $15,627,000, marking an increase of about 0.4%[25] - The company reported a net realized gain of $638,000 from non-controlled/non-affiliate company investments, compared to a gain of $506,000 in the previous quarter[25] Asset and Liability Management - Net Asset Value (NAV) decreased by 0.2% to $198.9 million, or $9.18 per share, compared to $199.3 million, or $9.20 per share in Q2 2024[2][4] - Total assets decreased to $501,862,000 as of September 30, 2024, from $512,113,000 on June 30, 2024, representing a decline of approximately 2.5%[23] - Total liabilities decreased to $302,969,000 from $312,769,000, a reduction of approximately 3.1%[23] - The debt-to-equity leverage ratio improved from 1.54 times in Q2 2024 to 1.50 times in Q3 2024 due to paydowns of the revolving credit facility[3] Cash and Investments - As of September 30, 2024, the Company had $4.1 million in cash and cash equivalents and $169.0 million of debt outstanding on its revolving credit facility[13] - The company’s cash and cash equivalents increased to $4,070,000 from $3,876,000, an increase of about 5%[23] - The portfolio consisted of 94 companies with a total fair value of $474.3 million, down from $485.8 million in Q2 2024, with first lien loans representing 80.0% of the portfolio[7] - Total investments at fair value amounted to $474,259,000, down from $485,804,000, a decrease of about 2.5%[23] Expenses and Losses - Total expenses for Q3 2024 were $9.2 million, compared to $9.1 million in Q2 2024, with a decrease in expenses when excluding incentive fee limitations[10] - The Company had a net loss of $(1.5) million for Q3 2024, an improvement from $(3.3) million in Q2 2024, mainly due to unrealized losses from certain portfolio companies[11] - Interest and other debt financing expenses totaled $5,517,000, down from $5,780,000, a decrease of approximately 4.6%[27] Dividends - The Company paid a quarterly dividend of $0.25 per share, marking the 18th consecutive quarter of dividends[1][2]

Investment Portfolio Composition - As of September 30, 2024, the portfolio included approximately 79.2% senior secured loans, 0.8% unitranche secured loans, 6.4% junior secured loans, and 13.6% equity securities, compared to December 31, 2023, when the portfolio included approximately 79.6% senior secured loans, 2.8% unitranche secured loans, 5.5% junior secured loans, and 12.1% equity securities [218]. - The portfolio composition remained consistent, with senior secured loans representing 79.2% of total investments as of September 30, 2024, compared to 79.6% as of December 31, 2023 [232]. - The healthcare and pharmaceuticals sector represented 16.2% of total investments at fair value as of September 30, 2024, up from 14.2% as of December 31, 2023 [234]. - The company continues to focus on industries and geographies similar to those in which it may invest directly, indicating a strategic alignment in investment focus [289]. Investment Activity - During the three months ended September 30, 2024, the company invested $11.1 million in three new portfolio companies and $14.7 million in 30 existing portfolio companies, resulting in a net decrease in investments of $12.5 million for the period [225]. - During the nine months ended September 30, 2024, the company invested $27.6 million in six new portfolio companies and $44.1 million in 51 existing portfolio companies, resulting in a net decrease in investments of $14.6 million for the period [226]. - The company has a commitment to MacQueen Equipment, LLC with a total principal of $2,075,000 and a fair value of $2,075,000, with an interest rate of 10.86% [299]. Investment Performance - The total weighted average annualized effective yield on portfolio investments was 11.0% as of September 30, 2024, down from 12.1% as of December 31, 2023 [231]. - The investment performance risk rating distribution shows 81.2% of investments rated Grade 2, while 14.6% are rated Grade 3, indicating a slight increase in risk compared to December 31, 2023 [241]. - Nine borrowers had loans or preferred equity investments on non-accrual status totaling $14.9 million, or 3.1% of total investments, as of September 30, 2024, up from $7.5 million or 1.5% as of December 31, 2023 [242]. - The company continues to monitor investment performance closely, with a focus on maintaining risk ratings and compliance with debt covenants [235][239]. Financial Performance - Total investment income for the three months ended September 30, 2024, was $15,695,000, slightly higher than $15,643,000 for the same period in 2023 [244]. - Net investment income before income taxes increased to $6,617,000 for the three months ended September 30, 2024, compared to $5,515,000 in the prior year [244]. - The company reported a net increase in net assets resulting from operations of $4,966,000 for the three months ended September 30, 2024, compared to a decrease of $(236,000) in the prior year [244]. - Net investment income for the nine months ended September 30, 2024, was $18,510,000, an increase of 3.0% from $17,971,000 in 2023 [246]. - Total operating expenses for the nine months ended September 30, 2024, were $27,705,000, down 8.5% from $30,328,000 in 2023 [250]. Debt and Financing - As of September 30, 2024, the company had $4.1 million in cash and cash equivalents and $169.0 million in total debt outstanding [267]. - The asset coverage ratio as of September 30, 2024, was 167%, consistent with the ratio as of December 31, 2023 [268]. - The company has a $255.0 million revolving credit facility, with the ability to increase it to $400.0 million under certain conditions [274]. - As of September 30, 2024, the outstanding borrowings under the revolving credit facility had a weighted average interest rate of 7.6% [278]. Market and Economic Conditions - The target market for the company includes small and middle-market companies in the U.S. with annual revenues between $10 million and $2.5 billion, which are seen as significant growth segments [314]. - The company anticipates that increased M&A activity, supported by recent Federal Reserve rate cuts, will drive deal flow in the middle market [319]. - Inflation is showing signs of acceleration in the U.S. and globally, which may affect the profit margins of the company's portfolio companies [349]. Valuation and Risk Management - The fair value of the investment portfolio was determined in good faith by the Valuation Designee in accordance with GAAP and valuation procedures [332]. - The income approach is generally used to determine fair value for loans, considering factors such as current interest rates, borrower financial condition, and economic conditions [328]. - The company is subject to various financial market risks, including valuation risk, interest rate risk, and currency risk, which may affect the prices of securities held [342]. - The company may hedge against interest rate fluctuations using standard instruments such as futures, options, and forward contracts [347]. Legal and Compliance - The company is subject to legal proceedings in the ordinary course of business, but does not expect these to materially affect its financial condition or results of operations [353]. - The company's disclosure controls and procedures were evaluated as effective, providing reasonable assurance for timely reporting of required information [350]. - No changes occurred in the internal control over financial reporting during the three months ended September 30, 2024, that materially affected the company's reporting [351].

Core Points - Monroe Capital Corporation will report its third quarter financial results for the period ending September 30, 2024, on November 12, 2024, after market close [1] - A webcast and conference call to discuss these results will take place on November 13, 2024, at 11:00 a.m. Eastern Time [1] Company Overview - Monroe Capital Corporation is a publicly-traded specialty finance company that primarily invests in senior, unitranche, and junior secured debt, as well as unsecured debt and equity investments in middle-market companies [2] - The company's investment objective is to maximize total return to stockholders through current income and capital appreciation [2] - Investment activities are managed by Monroe Capital BDC Advisors, LLC, which is registered under the Investment Advisers Act of 1940 [2] Asset Management Firm - Monroe Capital LLC specializes in private credit markets, offering various strategies including direct lending, technology finance, venture debt, alternative credit, structured credit, real estate, and equity [3] - The firm has been providing capital solutions in the U.S. and Canada since 2004 and focuses on generating high-quality "alpha" returns [3] - Monroe Capital is headquartered in Chicago and operates 10 offices across the United States and Asia [3] Awards and Recognition - Monroe has received multiple awards, including Private Debt Investor's 2023 Lower Mid-Market Lender of the Decade and 2023 Lower Mid-Market Lender of the Year [4] - Other accolades include 2023 CLO Manager of the Year, Americas, and recognition from Global M&A Network as the 2023 Lower Mid-Markets Lender of the Year, U.S.A. [4]