Our Results

$0.1464

December Distribution1

2.26%

Inception to Date Total Return2

$24.00

NAV per Share

Metric Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD ITD
Base Distributions $0.1354 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $1.5994 $1.5994
Special Distributions3 - - - - - - - - $0.1000 - $0.1300 $0.2300 $0.2300
Total Distributions $0.1354 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.2464 $0.1464 $0.2764 $1.8294 $1.8294
Annualized Base Distribution Yield4 7.00% 7.00% 7.00% 7.04% 7.14% 7.22% 7.18% 7.17% 7.26% 7.31% 7.32% - -
NAV per Share $25.10 $25.09 $24.94 $24.61 $24.32 $24.48 $24.51 $24.21 $24.02 $24.00 - -
Total Net Return to Shareholders 0.94% 0.54% -0.01% -0.74% -0.58% 1.26% 0.72% -0.63% 0.23% 0.53% 2.26% 2.26%
$0.1418

December Distribution1

2.25%

Inception to Date Total Return2

$24.00

NAV per Share

Metric Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD ITD
Base Distributions $0.1354 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.1418 $0.1418 $1.5902 $1.5902
Special Distributions3 - - - - - - - - $0.1000 - $0.1300 $0.2300 $0.2300
Total Distributions $0.1354 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.2464 $0.1418 $0.2718 $1.8202 $1.8202
Annualized Base Distribution Yield4 7.00% 7.00% 7.00% 7.04% 7.14% 7.22% 7.18% 7.17% 7.26% 7.08% 7.09% - -
NAV per Share $25.10 $25.09 $24.94 $24.61 $24.32 $24.48 $24.51 $24.21 $24.02 $24.00 - -
Total Net Return to Shareholders 0.94% 0.54% -0.01% -0.74% -0.58% 1.26% 0.72% -0.63% 0.23% 0.51% 2.25% 2.25%
$0.1372

December Distribution1

2.23%

Inception to Date Total Return2

$24.00

NAV per Share

Metric Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD ITD
Base Distributions $0.1354 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.1372 $0.1372 $1.5810 $1.5810
Special Distributions3 - - - - - - - - $0.1000 - $0.1300 $0.2300 $0.2300
Total Distributions $0.1354 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.1464 $0.2464 $0.1372 $0.2672 $1.8110 $1.8110
Annualized Base Distribution Yield4 7.00% 7.00% 7.00% 7.04% 7.14% 7.22% 7.18% 7.17% 7.26% 6.85% 6.86% - -
NAV per Share $25.10 $25.09 $24.94 $24.61 $24.32 $24.48 $24.51 $24.21 $24.02 $24.00 - -
Total Net Return to Shareholders 0.94% 0.54% -0.01% -0.74% -0.58% 1.26% 0.72% -0.63% 0.23% 0.49% 2.23% 2.23%

Footnotes

  1. On December 29, 2022, HLEND declared a regular monthly dividend of $0.1464 per share for shareholders of record on December 30, 2022, which shall be payable on or around January 31, 2023.
  2. Net Return is calculated as the change in NAV per share during the period, plus distributions per share (assuming distributions are reinvested) divided by the beginning NAV per share. All returns are derived from unaudited financial information and are net of all HLEND expenses, including general and administrative expenses, management fees, incentive fees, and share class specific fees, but exclude the impact of early repurchase deductions on the repurchase of shares that have been outstanding for less than one year. Past performance is historical and not a guarantee of future results.
  3. On October 31, 2022, HLEND declared a special dividend of $0.10 per share for shareholders of record on October 31, 2022, which shall be payable on or around November 29, 2022. In addition, on December 29, 2022, HLEND declared a special dividend of $0.13 per share for shareholders of record on December 31, 2022, which shall be payable on or around January 30, 2023. Special distributions are not included in the annualized base distribution yield above. The $0.23 of cumulative special distributions per share declared year to date represent a 0.92% unannualized distribution yield based on the initial NAV per share of $25.00.
  4. Annualized Base Distribution Yield is calculated by multiplying the base distribution declared in the month by 12 and dividing the result by the previous month's published NAV per share.