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  "presentationDate": "2024-02-01 00:00:00",
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      "kind": "disclaimer",
      "text": "(1) This calculation excludes two Private Loan portfolio companies as EBITDA is not a meaningful metric for these portfolio companies (2) Weighted-average effective yield is calculated using the applicable interest rate as of December 31, 2023 and includes amortization of deferred debt origination fees and accretion of original issue discount, but excludes fees payable upon repayment of the debt instruments and any debt investments on non-accrual status (3) The defined term and additional details for the Credit Facilities are included on page 42",
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      "text": "Investment Objectives: Access proprietary investments with attractive risk-adjusted return characteristics; Generate cash yield to support MAIN monthly dividend",
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      "text": "Investment Characteristics: Investments in companies consistent with LMM/Middle Market; Proprietary originations; Weighted-average EBITDA of $27.2 million",
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      "text": "Investments in secured debt investments: First lien, senior secured; Floating rate",
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      "text": "9% – 14% targeted gross yields: Weighted-average effective yield of 12.9%; Net returns impacted by lower overhead/modest leverage; Floating rate matching",
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      "kind": "paragraph",
      "text": "Private Loan portfolio investments are primarily debt investments in privately held companies which have primarily been originated directly by MAIN or to a lesser extent through strategic relationships with other credit funds on a collaborative basis (often referred to in the debt markets as “club deals” because of the small lender group size). MAIN’s Private Loan investments are typically made to a company owned by or being acquired by a private equity sponsor",
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      "kind": "title",
      "text": "Private Loan Investment Strategy",
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