Daily News: June 28, 2013

Fifth Street Finance Shows 11.4% Average Yield

Fifth Street Finance (FSC) said its portfolio showed an 11.4% weighted average yield last quarter, while also exhibiting record levels of origination in the first half of this year.

Alexander C. Frank, FSC CFO said “The first half of fiscal year 2013 we had record levels of origination, and I think our investors are currently receiving a strong yield on the stock.”