Saratoga Investment Corp. achieves record assets under management and eliminates non-accrual investments
SAR Saratoga Investment Corp
$14.91 -5.69%
View chart & analysis → - 1Saratoga Investment Corp. reached a record $1.15 billion in assets under management (AUM) at the end of the quarter.
- 2Saratoga Investment Corp. grew its asset size with a 2.1% growth rate in assets under management (AUM) during the quarter.
- 3All non-accrual investments were eliminated following the sale of specific assets.
So what's the key point?
Saratoga Investment Corp. reached $1.15 billion in assets under management. The company grew its asset size by clearing out all non-performing loans.
Source The Motley Fool +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.