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  "documentTitle": "Main Street Capital | Investor Presentation Deck | 49 slides",
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  "authorName": "Main Street Capital Corporation",
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  "presentationDate": "2023-05-01 00:00:00",
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  "notes": "The slide outlines the strategic rationale for middle market debt investments, contrasting them with LMM and Private Loan strategies.",
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      "kind": "callout",
      "text": "MAIN maintains a portfolio of debt investments in Middle Market companies",
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      "text": "(1) Source: U.S. Census 2017... (2) Weighted-average effective yield... (3) Includes MAIN's Credit Facilities...",
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      "text": "Investment Objective: Generate cash yield to support MAIN monthly dividend. Investments in secured and/or rated debt investments: First lien, senior secured debt investments, Floating rate debt investments.",
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      "text": "Larger companies than the LMM investment strategy: Current Middle Market portfolio companies have weighted-average EBITDA of approximately $65.4 million.",
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      "text": "Large and critical portion of U.S. economy: 220,000+ domestic Middle Market businesses.",
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      "text": "More relative liquidity than LMM and Private Loan investments. 6% – 10% targeted gross yields: Weighted-average effective yield of 11.8%, Net returns positively impacted by lower overhead requirements and modest use of leverage, Floating rate debt investments provide matching with MAIN's floating rate Credit Facilities.",
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      "text": "Middle Market Debt Investment Strategy",
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