MidCap Financial Investment (MFIC)

• Market cap: $1.13B
• 1 day: -0.25%
• 5 days: -2.89%
• 1 month: -6.85%
• 3 months: -1.14%
• 6 months: -6.13%
• Year to date: -11.03%
• 1 year: -11.03%
• 5 years: 28.86%
• 10 years: -33.88%
• Sector: Financials
• Industry: Asset Management

About: MidCap Financial Investment Corp is an externally managed, publicly traded, closed-end, diversified management investment company. Its investment objective is to generate current income and, to a lesser extent, long-term capital appreciation. It predominantly invests in directly originated and privately negotiated first lien senior secured loans to privately held U.S. middle-market companies, and in other types of securities including, first lien unitranche, second lien senior secured, unsecured, subordinated, and mezzanine loans, and equities in both private and public middle market companies.

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

90% more call options, than puts

Call options by funds: $2.23M | Put options by funds: $1.17M

89% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 38

18% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 17

1.37% more ownership

Funds ownership: 29.55% [Q1] → 30.92% (+1.37%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

1% less funds holding

Funds holding: 166 [Q1] → 165 (-1) [Q2]

48% less capital invested

Capital invested by funds: $697M [Q1] → $364M (-$333M) [Q2]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $13
• Avg. target: $13
• High target: $13

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

RBC Capital Kenneth S. Lee

$13

Sector Perform Reiterated

25 Aug 2025