INVESTMENTS (Tables)

3 Months Ended

Mar. 31, 2024

The composition of the Company’s investment portfolio at cost and fair value was as follows:


	March 31, 2024						December 31, 2023
	Cost		Fair Value		% of Total Investments at Fair Value		Cost		Fair Value		% of Total Investments at Fair Value
First Lien Debt	$	1,117,801	$	1,110,190	98.4	%	$	1,137,010	$	1,127,366	98.4	%
Second Lien Debt	8,255		7,583		0.7		9,903		9,191		0.8
Other Investments	11,138		10,644		0.9		9,818		9,479		0.8
Total	$	1,137,194	$	1,128,417	100.0	%	$	1,156,731	$	1,146,036	100.0	%

The industry composition of investments at fair value was as follows:


	March 31, 2024		December 31, 2023
Aerospace and Defense	4.2	%	4.1	%
Air Freight and Logistics	0.3		1.8
Automobile Components	3.5		3.5
Automobiles	4.5		4.4
Biotechnology	0.6		0.6
Chemicals	0.1		0.1
Commercial Services & Supplies	13.9		14.6
Construction and Engineering	2.4		1.5
Consumer Staples Distribution & Retail	0.1		—
Containers & Packaging	3.2		3.2
Distributors	3.1		3.1
Diversified Consumer Services	3.4		3.1
Electronic Equipment, Instruments & Components	1.2		1.2
Financial Services	2.9		2.9
Food Products	0.3		0.3
Health Care Equipment & Supplies	0.5		0.5
Health Care Providers & Services	4.8		4.7
Health Care Technology	1.3		0.7
Industrial Conglomerates	1.4		1.3
Insurance Services	12.7		13.4
Interactive Media & Services	3.4		3.4
IT Services	6.4		6.2
Leisure Products	1.3		1.8
Machinery	2.0		2.0
Multi-Utilities	2.6		2.5
Pharmaceuticals	0.2		0.2
Professional Services	4.1		4.0
Real Estate Management & Development	3.4		3.8
Software	12.2		11.1
Wireless Telecommunication Services(1)	—		—
Total	100.0	%	100.0	%


(1)			Amounts rounds to 0.0%

The geographic composition of investments at cost and fair value were as follows:


	March 31, 2024						December 31, 2023
	Cost		Fair Value		% of Total Investments at Fair Value		Cost		Fair Value		% of Total Investments at Fair Value
Australia	$	1,363	$	1,390	0.1	%	$	1,363	$	1,388	0.1	%
Canada	38,263		38,392		3.4		42,257		42,085		3.7
United Kingdom	1,904		1,941		0.2		2,053		2,091		0.2
United States	1,095,664		1,086,694		96.3		1,111,058		1,100,472		96.0
Total	$	1,137,194	$	1,128,417	100.0	%	$	1,156,731	$	1,146,036	100.0	%

SL Investment Corp. 10-Q