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  "documentTitle": "Main Street Capital | Fixed Income Presentation Deck | 42 slides",
  "authorId": "main-street-capital",
  "authorName": "Main Street Capital Corporation",
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  "presentationDate": "2023-05-01 00:00:00",
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  "notes": "Includes detailed footnotes explaining the assumptions behind the interest rate sensitivity model.",
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      "kind": "disclaimer",
      "text": "(1) Assumes no changes in the portfolio investments... (6) Weighted-average interest rate floor calculated based on debt principal balances as of March 31, 2023. Although we believe that this analysis is indicative...",
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      "text": "72% of MAIN’s outstanding debt obligations have fixed interest rates(5), limiting the increase in interest expense\n73% of MAIN’s debt investments bear interest at floating rates(5), the majority of which contain contractual minimum index rates, or “interest rate floors” (weighted-average floor of approximately 110 basis points)(6)\nProvides MAIN the opportunity to achieve increases in net investment income if market interest rates increase, but also results in reductions to net investment income if market interest rates decrease",
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      "kind": "paragraph",
      "text": "MAIN’s financial results are subject to impact from changes in interest rates; MAIN’s capital structure includes a majority of fixed rate debt obligations, while MAIN’s investment portfolio includes a majority of floating rate debt investments with minimum interest rate floors",
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      "kind": "table",
      "text": "Basis Point Increase (Decrease) in Interest Rate | Increase (Decrease) in Interest Income | (Increase) Decrease in Interest Expense(3) | Increase (Decrease) in Net Investment Income | Increase (Decrease) in Net Investment Income per Share(4)",
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      "text": "Interest Rate Impact and Sensitivity",
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