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SENIOR SECURITIES (Tables)

12 Months Ended

Dec. 31, 2023


	Outstanding					Involuntary
	Exclusive of		Asset			Liquidating	Average
	Treasury		Coverage per			Preference	Market Value
Class and Year	Securities⁽¹⁾		Unit⁽²⁾			per Unit⁽³⁾	per Unit⁽⁴⁾

	(In thousands, except per unit amounts)
SBA-guaranteed debentures
Fiscal 2014	$	16,250		N/A	⁽⁶⁾	—		N/A
Fiscal 2015	$	65,000		N/A	⁽⁶⁾	—		N/A
Fiscal 2016	$	65,000		N/A	⁽⁶⁾	—		N/A
Fiscal 2017	$	90,000		N/A	⁽⁶⁾	—		N/A
Fiscal 2018	$	150,000		N/A	⁽⁶⁾	—		N/A
Fiscal 2019	$	161,000		N/A	⁽⁶⁾	—		N/A
Fiscal 2020	$	176,500		N/A	⁽⁶⁾	—		N/A
Fiscal 2021	$	250,000		N/A	⁽⁶⁾	—		N/A
Fiscal 2022	$	313,600		N/A	⁽⁶⁾	—		N/A
Fiscal 2023	$	325,000		N/A	⁽⁶⁾	—		N/A
Original Credit Facility⁽⁷⁾
Fiscal 2012	$	38,000	$	3,090		—		N/A
Fiscal 2013	$	110,000	$	2,470		—		N/A
Fiscal 2014	$	106,500	$	2,320	⁽⁶⁾	—		N/A
Fiscal 2015	$	109,500	$	2,220	⁽⁶⁾	—		N/A
Fiscal 2016	$	116,000	$	2,210	⁽⁶⁾	—		N/A
Credit Facility
Fiscal 2017	$	40,750	$	3,460	⁽⁶⁾	—		N/A
Fiscal 2018	$	99,550	$	2,520	⁽⁶⁾	—		N/A
Fiscal 2019	$	161,550	$	2,286	⁽⁶⁾	—		N/A
Fiscal 2020	$	174,000	$	2,230	⁽⁶⁾	—		N/A
Fiscal 2021	$	177,340	$	2,030	⁽⁶⁾	—		N/A
Fiscal 2022	$	199,200	$	1,920	⁽⁶⁾	—		N/A
Fiscal 2023	$	160,086	$	2,230	⁽⁶⁾	—		N/A
4.875% Notes due 2026
Fiscal 2021	$	100,000	$	2,030	⁽⁶⁾	—		N/A
Fiscal 2022	$	100,000	$	1,920	⁽⁶⁾	—		N/A
Fiscal 2023	$	100,000	$	2,230	⁽⁶⁾	—		N/A
5.75% Notes due 2022⁽⁹⁾
Fiscal 2017	$	48,875	$	3,460	⁽⁶⁾	—	$	25.34
Fiscal 2018	$	48,875	$	2,520	⁽⁶⁾	—	$	25.18
Fiscal 2019	$	48,875	$	2,286	⁽⁶⁾	—	$	24.43
Fiscal 2020	$	48,875	$	2,230	⁽⁶⁾	—	$	23.64
6.50% Notes due 2019⁽⁸⁾
Fiscal 2014	$	25,000	$	2,320	⁽⁶⁾	—	$	25.41
Fiscal 2015	$	25,000	$	2,220	⁽⁶⁾	—	$	25.27
Fiscal 2016	$	25,000	$	2,210	⁽⁶⁾	—	$	25.11
Short-Term Loan⁽⁵⁾
Fiscal 2012	$	45,000	$	3,090		—		N/A
Fiscal 2013	$	9,000	$	2,470		—		N/A

(1)	Total amount of senior securities outstanding at the end of the period presented.

(2)	Asset coverage per unit is the ratio of the carrying value of the Company’s total assets, less all liabilities and indebtedness not represented by senior securities, in relation to the aggregate amount of senior securities

representing indebtedness. Asset coverage per unit is expressed in terms of dollar amounts per $1,000 of indebtedness.

(3)	The amount to which such class of senior security would be entitled upon the involuntary liquidation of the issuer in preference to any security junior to it. The “—” indicates information which the SEC expressly does not require to be disclosed for certain types of senior securities.

(4)

Average market value per unit for the 2022 Notes and the 6.50% Notes due 2019 represents the average of the daily closing prices as reported on the New York Stock Exchange during the period presented. Average market value per unit for our SBA-guaranteed Debentures, the Original Credit Facility (as defined below), the Credit Facility, and the 2026 Notes are not applicable because these are not registered for public trading.

(5)	Refers to short-term loans that the Company obtained from Raymond James & Associates, Inc. and repaid in full on January 2, 2013 and January 2, 2014, respectively.

(6)

The Company has excluded its SBA-guaranteed debentures from the asset coverage calculation as of December 31, 2023, 2022, 2021, 2019, 2018, 2017, 2016, 2015 and 2014 pursuant to the exemptive relief granted by the SEC in August 2014 that permits it to exclude such SBA-guaranteed debentures from the definition of senior securities in the 150% asset coverage ratio we are required to maintain under the 1940 Act.

(7)

On November 13, 2012, the Company entered into a senior secured revolving credit agreement, by and among us, as the borrower, SunTrust Bank, as the administrative agent, various lenders that are parties thereto from time to time (the “Original Credit Facility”). The Company terminated the Original Credit Facility on October 11, 2017.

(8)	On September 20, 2017, the Company redeemed all of the issued and outstanding 6.50% Notes due 2019.

(9)	On February 12, 2021, the Company redeemed all of the issued and outstanding 5.75% Notes due 2022.