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debt service
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Asset Allocation


MAIN 20%HTGC 20%ARCC 20%CSWC 20%IJH 20%EquityEquity
PositionCategory/SectorWeight
MAIN
Main Street Capital Corporation
Financial Services

20%

HTGC
Hercules Capital, Inc.
Financial Services

20%

ARCC
Ares Capital Corporation
Financial Services

20%

CSWC
Capital Southwest Corporation
Financial Services

20%

IJH
iShares Core S&P Mid-Cap ETF
Small Cap Growth Equities

20%

S&P 500

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in debt service, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly


-5.00%0.00%5.00%10.00%15.00%20.00%NovemberDecember2024FebruaryMarchApril
15.40%
15.74%
debt service
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Oct 5, 2007, corresponding to the inception date of MAIN

Returns By Period

As of Apr 16, 2024, the debt service returned 6.74% Year-To-Date and 12.96% of annualized return in the last 10 years.


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
6.12%-1.08%15.73%22.34%11.82%10.53%
debt service6.74%0.41%15.40%35.25%14.39%12.96%
MAIN
Main Street Capital Corporation
11.02%2.22%20.90%29.39%12.28%12.45%
HTGC
Hercules Capital, Inc.
10.08%-0.61%15.28%59.89%19.86%13.62%
ARCC
Ares Capital Corporation
3.44%0.25%8.95%22.27%13.56%11.79%
CSWC
Capital Southwest Corporation
5.58%1.96%15.26%49.12%13.28%14.18%
IJH
iShares Core S&P Mid-Cap ETF
3.58%-1.81%16.50%17.15%9.75%9.50%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20242.40%2.41%4.77%
20231.23%-5.06%5.91%6.81%

Expense Ratio

The debt service has an expense ratio of 0.01% which is considered to be low. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.


0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


debt service
Sharpe ratio
The chart of Sharpe ratio for debt service, currently valued at 2.58, compared to the broader market-1.000.001.002.003.004.005.002.58
Sortino ratio
The chart of Sortino ratio for debt service, currently valued at 3.42, compared to the broader market-2.000.002.004.006.003.42
Omega ratio
The chart of Omega ratio for debt service, currently valued at 1.43, compared to the broader market0.801.001.201.401.601.801.43
Calmar ratio
The chart of Calmar ratio for debt service, currently valued at 2.62, compared to the broader market0.002.004.006.008.0010.002.62
Martin ratio
The chart of Martin ratio for debt service, currently valued at 15.92, compared to the broader market0.0010.0020.0030.0040.0050.0015.92
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.89, compared to the broader market-1.000.001.002.003.004.005.001.89
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.74, compared to the broader market-2.000.002.004.006.002.74
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market0.801.001.201.401.601.801.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.43, compared to the broader market0.002.004.006.008.0010.001.43
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.65, compared to the broader market0.0010.0020.0030.0040.0050.007.65

Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
MAIN
Main Street Capital Corporation
2.303.261.403.069.46
HTGC
Hercules Capital, Inc.
2.773.571.472.3911.16
ARCC
Ares Capital Corporation
1.462.101.271.5511.92
CSWC
Capital Southwest Corporation
2.603.361.421.8713.34
IJH
iShares Core S&P Mid-Cap ETF
1.031.561.180.943.42

Sharpe Ratio

The current debt service Sharpe ratio is 2.58. A Sharpe ratio higher than 2.0 is considered very good.

-1.000.001.002.003.004.005.002.58

The Sharpe ratio of debt service is in the top 25%, it signifies superior risk-adjusted performance. This means that for the level of risk undertaken, the portfolio is generating impressive returns compared to most others.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
2.58
1.89
debt service
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

debt service granted a 7.89% dividend yield in the last twelve months.


TTM20232022202120202019201820172016201520142013
debt service7.89%8.24%9.48%6.84%6.83%7.16%7.44%6.85%5.85%6.41%5.77%5.49%
MAIN
Main Street Capital Corporation
8.31%8.55%7.97%5.74%6.99%6.76%8.43%7.02%7.42%9.15%8.72%8.18%
HTGC
Hercules Capital, Inc.
10.19%11.40%14.90%9.34%9.57%9.49%11.40%9.45%8.79%10.17%8.33%6.77%
ARCC
Ares Capital Corporation
9.49%9.59%10.10%7.60%9.41%8.94%9.78%9.57%9.12%10.90%9.93%8.67%
CSWC
Capital Southwest Corporation
10.12%10.20%12.75%10.32%6.87%8.99%5.88%7.01%2.31%0.26%0.53%2.55%
IJH
iShares Core S&P Mid-Cap ETF
1.36%1.46%1.68%1.18%1.28%1.62%1.72%1.19%1.60%1.56%1.34%1.29%

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-15.00%-10.00%-5.00%0.00%NovemberDecember2024FebruaryMarchApril
-2.85%
-3.66%
debt service
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the debt service. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the debt service was 56.25%, occurring on Mar 5, 2009. Recovery took 192 trading sessions.

The current debt service drawdown is 2.85%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-56.25%Oct 15, 2007350Mar 5, 2009192Dec 7, 2009542
-54.72%Feb 21, 202022Mar 23, 2020206Jan 14, 2021228
-24.33%Apr 21, 2022112Sep 29, 2022195Jul 12, 2023307
-20.63%Jul 8, 201161Oct 3, 201183Feb 1, 2012144
-18.64%Mar 3, 2015240Feb 11, 2016108Jul 18, 2016348

Volatility

Volatility Chart

The current debt service volatility is 3.53%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%NovemberDecember2024FebruaryMarchApril
3.53%
3.44%
debt service
Benchmark (^GSPC)
Portfolio components

Diversification

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

CSWCMAINHTGCARCCIJH
CSWC1.000.340.410.420.47
MAIN0.341.000.460.470.49
HTGC0.410.461.000.540.55
ARCC0.420.470.541.000.61
IJH0.470.490.550.611.00