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Runway Growth Finance Corp. is a specialty finance company. The Company is focused on providing senior secured loans to high growth-potential companies in technology, healthcare, business services, financial services, select consumer services and products and other high-growth industries. Its investment objective is to maximize its total return to its stockholders primarily through current income on the Company's loan portfolio and secondarily through capital gain (loss) on its warrants and other equity positions. The Company invests in senior secured term loans and other senior debt obligations, and it also invests in second lien loans issued by high growth-potential companies. The Company originates its investments through two strategies: Sponsored Growth Lending and Non-Sponsored Growth Lending. It also invests in secured loans, and acquires equity securities as well, including warrants. The Company is externally managed by Runway Growth Capital LLC (RGC).
Find out what a historical investment in RUNWAY GROWTH FINANCE CORP. would be worth today using our RWAY stock calculator.
Market Capitalisation
$282.39M
Price-earnings ratio
-
Dividend yield
9.90%
Volume
1.21M
High today
$6.71
Low today
$6.54
Open price
$6.65
52-week high
$11.41
52-week low
$6.36
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