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Capital Southwest Corporation (CSWC)

BDC - Debt Focused BDC

Data as of Jan. 20, 2022
Market Price $24.32 (- $0.34)
NAV (Sept. 30, 2021) $16.36 ( $0.00)
Premium / Discount 48.66% (-2.08%)
Fund Info
Inception Jan. 1, 1971
Sponsor Capital Southwest Corporation
Website www.capitalsouthwest.com/
Phone 972-233-8242
Location Texas
Incorporated Texas
Staggered Board No
Objective: Provide capital to middle market companies via Equity, subordinated debt and senior debt
Related Indexes
Debt-Focused Business Development Company (BDC) Index
High Income Index
60/40 Balanced (w/ BDCs) Index
Taxable Bond & BDC Index
Capital & Leverage
Outstanding Shares 23,341,039
Total Assets (Reported: Sept. 30, 2021) $866M
Estimated Total Assets $829M
Net Assets $382M
Market Cap $568M
Portfolio Turnover 19.32%
Debt-to-Equity 1.1803
Total Leverage 53.93%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 11.77%
Non Lev Exp Ratio 5.75%
Gross Asset Expense Ratio 4.88%
Gross Asset Non Lev Exp Ratio 2.38%
Rel Lev Cost 4.62%
Discount Data
Average Discount (3 Yr) 22.54%
Discount Low(3 Yr) -52.03%
Discount High(3 Yr) 74.08%
Discount Rel Range 79.84%
Comp Discount 47.76
Discount St Dev (1Yr) 12.67
Z-Stat (6mo) -1.73
Z-Stat (1Yr) -0.36
Z-Stat (3Yr) 1.00
Comp Z-Stat (6mo) -1.45
Comp Z-Stat (3Yr) 0.38
Distribution Data
Market Yield 9.38%
Income Yield 9.38%
Lev Adj NAV Yield 9.05%
Av Yield on Debt Investments 9.66
Distribution Frequency Q
Current Distribution $0.570
Current Income $0.570
Ex-Date 12/14/21
Payable Date 12/31/21
Div Growth (3yr) 23.91%
Dividend Change 5.6% on 9/2/21
Expected Div 2/1/22
RoC (1yr) 0.00%
RoC (3yr) 2.28%
Tax Dividend Data 2020 2018 - 2020
Income 100% 61.2%
ST Gains 0% 0%
QDI 8.2% 8.0%
LT Gains 0% 38.8%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (M) $3,335
Avg Volume 30 day 125,336
Avg Volume 90 day 137,122
Volume Trend -8.60%
Comp Volume Trend -4.79%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's BDC Index
Most Correlated Peer (Mk Pr): BKCC 70.0%
Price St Dev (1Yr) 26.3%
NAV St Dev (1Yr) 4.2%
Earnings / Share (9/30/21) $0.417
Adj Core NII Coverage 75.46%
1 Yr Avg NII Coverage 81.18%
1 Yr Avg Adj Core NII Coverage 82.59%
NII Trend -10.83%
Adj Core NII Trend -7.44%
Price Beta (2yr)
vs. S&P 500 (TR)
Price Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Beta (2yr)
vs. CEFA's Debt-Focused Business Development Company (BDC) Index
Portfolio Data
Avg Libor Floor % 1.22%
% Loans with Libor Floor 92%


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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