WHF

WhiteHorse Finance (WHF) continues to face portfolio contraction, persistent net realized losses, and elevated non-accruals, justifying a maintained Hold rating. WHF trades at a historically deep 44.55% discount to NAV, but this reflects ongoing portfolio and earnings challenges rather than a buying opportunity. Dividend coverage remains razor-thin; the 15.7% yield is at risk of a cut as net investment income barely matches distributions and non-accruals rise.

WhiteHorse Finance NASDAQ: WHF reported lower first-quarter earnings and a decline in net asset value as previously identified credit issues weighed on results, while management said share repurchases helped offset some of the impact through NAV accretion.

NEW YORK, May 7, 2026 /PRNewswire/ -- WhiteHorse Finance, Inc. ("WhiteHorse Finance" or the "Company") (Nasdaq: WHF) today announced its financial results for the first quarter ended March 31, 2026. In addition, the Company's board of directors has declared a distribution of $0.25 per share with respect to the quarter ended March 31, 2026.

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