MCC - Medley Capital net investment loss shrinks NAV rises in fiscal Q4

Medley Capital Corp. (MCC) fiscal Q4 net investment loss per share of 32 cents improved from net investment loss of $3.01 per share in the year-ago quarter.MCC rises 0.6% in after-hours trading.Net asset value per share of $55.30 at Sept. 30, 2020 increased from $54.83 at June 30, 2020.Total investment income for the quarter ended Sept. 30, 2020 fell to $4.42M from $8.12M.Q4 total expenses net of management and incentive fee waivers was $5.28M vs. $16.3M a year earlier.Q4 net increase in net assets resulting from operations was $1.27M vs. net decrease of $31.6M a year ago.Previously: Medley Capital EPS misses by $0.14, beats on revenue (Dec. 11)

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Medley Capital net investment loss shrinks, NAV rises in fiscal Q4