W••••••••• F••••••• I•••

BDCWHF, WHFCLCIK 1552198file 814-00967Miami, FLmanaged by W••••••••• A•••••••• L••

Fair value

$932M

as of Jun 30, 2026

Principal held

$894M

debt pieces, the filer's figure

Cost

$934M

100c on cost

Unfunded

n/a

commitments not yet drawn

Positions

250

114 borrowers

First lien

81%

96% debt by fair value

Quarters on the tape

since Dec 31, 2020

Facilities held

226

27 sponsors financed

Portfolio through time

Fair value by quarter end$932M as of Jun 30, 2026

Dec 31, 2020$82.7M then

Quarter	Fair value	Borrowers	On cost	PIK pos.	Avg spread
Jun 30, 2026	$932M	114	101c	22	591 bp
Mar 31, 2026	$891M	111	101c	26	596 bp
Dec 31, 2025	$1.2B	118	101c	30	599 bp
Sep 30, 2025	$931M	116	100c	26	616 bp
Jun 30, 2025	$981M	121	101c	28	621 bp
Mar 31, 2025	$983M	121	98c	36	647 bp
Dec 31, 2024	$1.3B	121	98c	45	663 bp
Sep 30, 2024	$994M	123	100c	39	690 bp
Jun 30, 2024	$1.0B	119	101c	37	695 bp
Mar 31, 2024	$1.0B	115	101c	41	704 bp
Dec 31, 2023	$1.3B	121	99c	41	688 bp
Sep 30, 2023	$1.1B	111	100c	36	698 bp
Jun 30, 2023	$1.1B	111	101c	34	698 bp
Mar 31, 2023	$1.1B	112	101c	30	684 bp
Dec 31, 2022	$1.2B	111	101c	27	644 bp
Sep 30, 2022	$1.1B	101	101c	25	691 bp
Dec 31, 2021	$1.1B	106	100c	26	693 bp
Dec 31, 2020	$82.7M	4	n/a	0	n/a

Each quarter end is the schedule as filed for that instant; a restated year end is taken from the latest filing that carries it.

Sponsors financed

No borrower on this schedule has a sponsor attribution yet.

Counted at BDC level here; the adviser page counts across every BDC it manages. A sponsor named by Form D signer consensus is an inference.

What changed

New borrower on a BDC scheduleJun 30, 2026
••• Locked
New borrower on a BDC scheduleJun 30, 2026
••• Locked
New borrower on a BDC scheduleJun 30, 2026
••• Locked
Marked down (one lender)Jun 30, 2026
••• Locked
Marked down (one lender)Jun 30, 2026
••• Locked
Spread increasedJun 30, 2026
••• Locked
PIK interest increasedJun 30, 2026
••• Locked
PIK interest increasedJun 30, 2026
••• Locked
New lender joined a facilityMar 31, 2026
••• Locked
New lender joined a facilityMar 31, 2026
••• Locked
Lender left a facilityMar 31, 2026
••• Locked
Marked down (one lender)Mar 31, 2026
••• Locked
Marked down (one lender)Mar 31, 2026
••• Locked
Marked down (one lender)Mar 31, 2026
••• Locked
Marked down (one lender)Mar 31, 2026
••• Locked
PIK interest increasedMar 31, 2026
••• Locked
Spread increasedMar 31, 2026
••• Locked
Spread increasedMar 31, 2026
••• Locked
Spread increasedMar 31, 2026
••• Locked
Spread increasedMar 31, 2026
••• Locked

Every position change, including routine ones

Largest facilities held, with co-lenders

W•• S••• O••• unsecured or subordinated term loan
1 BDC hold it
$108M 121c
T•• I••••• P•••••• L•• equity
1 BDC hold it
$20.8M 77c
A••••••••• O•••••• G•••• L•• first lien term loan
9 BDCs hold it · matures Feb 23, 2028
$20.4M 101c
F••••• P•••••• T••••••••• L• first lien term loan
1 BDC hold it · matures Dec 7, 2026
$18.6M 100c
M••••• D••••• M•••• 2• L•• first lien term loan
2 BDCs hold it · matures May 31, 2027
$17.6M 96c
G•• C••••••••• I•• first lien term loan
2 BDCs hold it · matures Apr 15, 2031
$15.2M 101c
C•••••••• F•••••• H•••••••• L•• first lien term loan
1 BDC hold it · matures Sep 25, 2029
$14.2M 25c
S••••• C••• H•••••••• L•• first lien term loan
2 BDCs hold it · matures Jul 30, 2027
$13.8M 99c
Z••••• B••••• L•• first lien term loan
1 BDC hold it · matures Jan 31, 2031
$13.8M 102c
L•••••••• I••••••••• H•••••• L•• first lien term loan
3 BDCs hold it · matures Dec 27, 2027
$13.6M 100c
S•••• O•••• L•• first lien term loan
3 BDCs hold it · matures Nov 7, 2030
$13.4M 101c
D••• F••• C•••••••• I•• first lien term loan
3 BDCs hold it · matures Dec 5, 2028
$13.3M 100c

Schedule of investments at Jun 30, 2026

250 positions

Borrower	Instrument	Principal	Fair value	Rate	Maturity
W•• S••• O•••	term loan unsecured or subordinated	$86.3M	$86.3M 100c
W•• S••• O•••	term loan unsecured or subordinated	n/a	$22.4M
W•• S••• O•••	term loan unsecured or subordinated	$21.6M	$22.4M 104c
A••••••••• O•••••• G•••• L••	term loan first lien	$20.4M	$20.4M 101c	SOFR+750 bp	Feb 23, 2028
F••••• P•••••• T••••••••• L•	term loan first lien	$18.6M	$18.6M 100c	SOFR+825 bp	Dec 7, 2026
M••••• D••••• M•••• 2• L••	term loan first lien	$17.6M	$17.0M 96c	SOFR+650 bp	May 3, 2027
G•• C••••••••• Global, LLC (d/b/a G•• C••••••••• I••.)	term loan first lien	$15.2M	$15.2M 101c	SOFR+600 bp	Apr 15, 2031
Z••••• B••••• L••. (d/b/a The Weather Company, LLC)	term loan first lien	$13.8M	$13.8M 102c	SOFR+475 bp	Jan 31, 2031
S••••• C••• H•••••••• L••	term loan first lien	$13.8M	$13.7M 99c	SOFR+650 bp	Jul 30, 2027
L•••••••• I••••••••• H•••••• L••	term loan first lien	$13.6M	$13.5M 100c	SOFR+600 bp	Dec 27, 2027
S•••• O••• LLC	term loan first lien	$13.4M	$13.4M 101c	SOFR+550 bp	Nov 7, 2030
D••• F••• C•••••••• I••	term loan first lien	$13.3M	$13.2M 100c	SOFR+600 bp	Dec 5, 2028
M••••••••• M••••••••• L•• (d/b/a M••••••••• Fulfillment), LLC	term loan first lien	$13.1M	$13.1M 100c	SOFR+650 bp	Jul 12, 2028
A• C•••••• A••••••••• C•••••••••	term loan first lien	$13.0M	$13.0M 101c	SOFR+525 bp	Jul 2, 2031
E••••••••• L••	term loan first lien	$12.6M	$12.6M 100c	//fasb.org/us-gaap/2025#Base Rate+650 bp	Sep 15, 2027
W• E••••••• I••••••••• H•••••••• L•• (d/b/a Westinghouse E••••••• Corporation)	term loan first lien	$12.3M	$12.3M 101c	SOFR+600 bp PIK 0.50%	Aug 15, 2029
P••••• H•••••• L••	term loan first lien	$12.2M	$12.2M 101c	SOFR+450 bp	Oct 26, 2028
W••• B••••• I••.	term loan first lien	$12.2M	$12.1M 100c	SOFR+475 bp	Apr 10, 2031
Q•••• E•••••• L••	term loan first lien	$11.8M	$11.8M 100c	SOFR+750 bp	Sep 30, 2027
T••••••••• 2 LLC (d/b/a T••••••••• H••••••• C•••••••••)	term loan first lien	$11.4M	$11.4M 100c	SOFR+625 bp	Jun 7, 2028
T•••• E•••••• W•••• L••	term loan first lien	$11.1M	$11.0M 102c	SOFR+650 bp	Nov 26, 2030
J•••••• L••••••••• H••••••• L••	term loan first lien	$10.9M	$10.9M 100c	//fasb.org/us-gaap/2025#Base Rate+575 bp	Dec 29, 2027
U••••••• T••••••••• I••.	term loan first lien	$10.7M	$10.4M 99c	SOFR+775 bp PIK 1.75%	Apr 5, 2029
N• Z• H••••• I••. (d/b/a Zep, Inc.)	term loan first lien	$10.3M	$10.4M 102c	SOFR+500 bp	Jun 30, 2031
R••• A••••••••• L••	term loan first lien	$10.8M	$10.3M 96c	SOFR+550 bp	Jan 2, 2029
I••••• E••••• S•••••••• L••	term loan first lien	$10.4M	$10.3M 102c	SOFR+575 bp	Jul 16, 2032
E••••• a••; Co Inc. (d/b/a E••••• Office, Inc.)	term loan first lien	$10.3M	$10.1M 100c	SOFR+600 bp	May 30, 2031
R•••••• N•••••• I••.	term loan first lien	$10.2M	$10.1M 101c	SOFR+600 bp	Dec 5, 2031
C••• F••••••• S••••••• H•••••••• L•• (d/b/a C••• Construction S••••••s, Inc.)	term loan first lien	$10.2M	$9.4M 92c	SOFR+650 bp	Nov 16, 2028
C••••••• E••••••••• A•••••• L•• (d/b/a C••••••• E••••••••• A•••••, Inc.)	term loan first lien	$9.5M	$9.4M 100c	SOFR+600 bp	Jan 21, 2032
M•••••• T•••• T•• C•• L•• (d/b/a US Petroleum Partners, LLC)	term loan first lien	$9.2M	$9.3M 102c	SOFR+750 bp	Dec 22, 2028
A••••••• C••••• Topco LP (d/b/a A••••••• (USA), LLC)	equity equity	$663,000	$9.1M 47c
S••• B••••• I••.	term loan first lien	$9.0M	$9.1M 102c	SOFR+475 bp	Mar 28, 2031
M•• H••••••• L••	term loan first lien	$9.2M	$9.1M 100c	SOFR+800 bp	Oct 13, 2027
T•• G••••• I••. (d/b/a Netevia Group LLC)	term loan first lien	$9.1M	$9.1M 101c	SOFR+750 bp	Jun 28, 2029
M•• G•••• I••••••••• H•••••••, Inc.	term loan first lien	$9.0M	$8.9M 105c	SOFR+475 bp	Aug 25, 2031
F•••••• S••••••••• L••	term loan first lien	$8.9M	$8.9M 100c	SOFR+675 bp	Dec 15, 2026
G••• W•••• I••••••••• A•••••••••, LLC (d/b/a G••• W•••• I•••••••••, Inc.)	term loan first lien	$9.0M	$8.7M 98c	SOFR+700 bp PIK 1.00%	Dec 18, 2028
R••••• C••••••••• O•••••••• C••••••• I••. (d/b/a R••••• C••••••••• Inc.)	term loan first lien	$8.5M	$8.5M 101c	SOFR+625 bp	Jun 21, 2029
M•• M••••• T•••••• L••	term loan first lien	$8.5M	$8.4M 100c	SOFR+525 bp	Apr 10, 2029
P••••••••• H•••••••• L••	preferred equity equity	n/a	$8.3M 183c
L••••••••• I••.	term loan first lien	$8.2M	$8.2M 101c	SOFR+550 bp	Nov 19, 2031
T••••••••• Topco 2 LLC (d/b/a T••••••••• H••••••• C•••••••••)	equity equity	$497,000	$8.1M 114c
T••••••••• A••••••••• H••••••• L••	term loan first lien	$8.1M	$8.1M 102c	SOFR+525 bp	May 31, 2029
N•• S•••••••• L••	term loan first lien	$7.9M	$7.9M 100c	SOFR+675 bp	Aug 28, 2028
T•• K•••• C••••••• L••	term loan first lien	$11.4M	$7.7M 68c	SOFR+750 bp PIK 1.00%	Oct 6, 2026
T••••••••• H•••••••• I••. (d/b/a T••••••••• Logistics, Inc.)	term loan first lien	$7.6M	$7.6M 101c	SOFR+750 bp	Jun 29, 2028
B••• A••••••••• C•. (d/b/a BankCard USA Merchant S••••••s Inc.)	term loan first lien	$7.1M	$7.1M 101c	SOFR+650 bp	Apr 10, 2029
S••••• I••.	term loan first lien	$6.2M	$7.1M 109c	//www.whitehorsefinance.com/20260630#Euro Interbank Offered Rate Three Month Term+600 bp	Apr 28, 2028
Wamp;A• I••••••••• C••• L••	term loan first lien	$7.1M	$7.0M 101c	SOFR+625 bp	Aug 1, 2029
B•••••• A••••••• L••	term loan first lien	$6.8M	$6.8M 101c	SOFR+642 bp	Aug 1, 2029
M••• B•••• L••	term loan first lien	$6.7M	$6.6M 100c	SOFR+525 bp	Dec 22, 2031
A•••••• H•••••••• L•• (d/b/a A•••••• Wealth Management, LLC)	term loan first lien	$6.6M	$6.6M 102c	SOFR+550 bp	Jun 18, 2032
I••••••••• C•••• C••••••••• I••. (d/b/a I•••••••••.net, Inc.)	term loan first lien	$6.7M	$6.6M 100c	SOFR+550 bp	Nov 26, 2031
T•••••••• M•••• L••	term loan first lien	$6.6M	$6.5M 100c	SOFR+550 bp PIK 0.75%	Dec 28, 2029
M•• S••••••••• I••.	term loan first lien	$6.4M	$6.4M 101c	SOFR+691 bp	Sep 29, 2028
R•• P••••••• I••.	term loan first lien	$6.6M	$6.4M 98c	SOFR+725 bp PIK 0.50%	Jan 3, 2028
V•••••••• M•••••••• a••; Controls, Inc	term loan first lien	$6.4M	$6.3M 100c	SOFR+500 bp	Jun 23, 2031
K••• W••••••• G•••• I••.	term loan first lien	$6.3M	$6.3M 101c	SOFR+650 bp	Nov 9, 2028
M•••• M••••••••• L••	term loan first lien	$6.0M	$6.0M 100c	SOFR+400 bp	Nov 21, 2031
T•••••••• S••••••••• I••.First Lien Secured	term loan first lien	$5.9M	$5.9M 100c	SOFR+600 bp	Mar 2, 2028
S•••• A•••• H••••••• I••.	term loan first lien	$5.7M	$5.6M 101c	SOFR+625 bp	Sep 6, 2029
E•• D•••••• L••	term loan first lien	$5.5M	$5.5M 101c	SOFR+450 bp	Nov 14, 2031
F••••••• I••••••••• LLC	term loan first lien	$5.3M	$5.3M 101c	SOFR+475 bp	Nov 26, 2031
M••• B•••• L••	term loan first lien	$4.6M	$5.2M 97c	//www.whitehorsefinance.com/20260630#Euro Interbank Offered Rate Three Month Term+525 bp	Dec 22, 2031
C••••••• P••••••• a•• E••••••••• L••	term loan first lien	$5.2M	$5.1M 98c	SOFR+800 bp PIK 4.00%	Mar 31, 2027
K•••• I••••••••• L••	term loan first lien	$5.1M	$5.1M 101c	SOFR+575 bp	Dec 31, 2029
I••••••••• S•••••• S•••••••• W•• I••	term loan first lien	$5.1M	$5.1M 100c	SOFR+450 bp	Feb 7, 2033
P•• P••••• L••	term loan first lien	$5.1M	$5.0M 100c	SOFR+500 bp	Dec 31, 2031
S•••• R••••••• H•••••••• L•• (d/b/a S•••• R•••••••, LLC)	term loan first lien	$5.0M	$5.0M 101c	SOFR+800 bp	Dec 2, 2027
L••• B•••••• I••	term loan first lien	$5.0M	$5.0M 100c	SOFR+750 bp	Sep 30, 2026
N••• L••••• C•••.	term loan first lien	$5.3M	$5.0M 94c	SOFR+650 bp	Jan 21, 2027
A•••••• H•••••••• L•• (d/b/a A•••••• Wealth Management, LLC)	delayed draw term loan first lien	$4.8M	$4.9M 103c	//fasb.org/us-gaap/2025#Base Rate+550 bp	Jun 18, 2032
M•••• A••••••••• I••.	term loan first lien	$4.9M	$4.9M 101c	SOFR+600 bp	Mar 1, 2029
C•••• R••••••••• S••••••• L••	term loan first lien	$4.9M	$4.9M 101c	SOFR+575 bp	May 10, 2029
Mamp;M• O•••• L•• (d/b/a Escalent, Inc.)	term loan first lien	$4.8M	$4.8M 101c	SOFR+600 bp	Apr 9, 2029
W••••••••• H••• F••••••••• L•• (d/b/a Saatva, Inc.)	term loan first lien	$4.7M	$4.7M 101c	SOFR+550 bp	Sep 30, 2027
F••• W•••• H•••••• L••	term loan first lien	$4.3M	$4.4M 102c	SOFR+675 bp	Jul 31, 2029
M•••• S•••••• L•• (d/b/a M•••• S••••• Inc.)	term loan first lien	$4.3M	$4.3M 99c	SOFR+575 bp PIK 4.71%	Aug 30, 2030
I••••• A•••••••• L••	term loan first lien	$4.1M	$4.1M 101c	SOFR+450 bp	Mar 21, 2031
T•• C••• C•••••••••	term loan first lien	$4.0M	$4.1M 102c	SOFR+475 bp	Jan 31, 2031
A•• L•••• P••••••••• L••	term loan first lien	$4.0M	$4.0M 101c	SOFR+550 bp	Apr 16, 2030
P•••• B•••••• L••	term loan first lien	$4.0M	$4.0M 101c	SOFR+575 bp	May 14, 2029
G•• L••••• A••••••••• C•••.	term loan first lien	$3.9M	$3.9M 101c	SOFR+500 bp	Jan 31, 2031
S••••• C••• H•••••••• L••	delayed draw term loan first lien	$3.8M	$3.7M 99c	SOFR+650 bp	Jul 30, 2027
P•••• B•••••• L••	term loan first lien	$3.6M	$3.6M 101c	SOFR+575 bp	May 14, 2029
B•••••• P•••••••• L••	term loan first lien	$3.6M	$3.5M 99c	SOFR+600 bp	Nov 21, 2029
C•••• P••••••• C•. (f/k/a Starco)	term loan second lien	$3.4M	$3.4M 100c	SOFR+550 bp	Mar 16, 2028
P•••••••• L••••••• G••••• L••	term loan first lien	$3.3M	$3.3M 101c	//fasb.org/us-gaap/2025#Base Rate+525 bp	Nov 4, 2030
C•••••• I••.	term loan first lien	$3.5M	$3.3M 94c	SOFR+675 bp PIK 0.25%	May 4, 2029
F•••••• S••••••••• L••	delayed draw term loan first lien	$3.0M	$3.0M 100c	SOFR+675 bp	Dec 15, 2026
B••••• A••••••••• Holdings, LLC	term loan first lien	$2.9M	$2.9M 101c	SOFR+625 bp	Jan 2, 2029
I••••••• H••••• L••	term loan first lien	$2.9M	$2.9M 100c	SOFR+575 bp	Feb 19, 2030
S•••• A•••• H••••••• I••.	delayed draw term loan first lien	$2.8M	$2.9M 102c	//fasb.org/us-gaap/2025#Base Rate+625 bp	Sep 6, 2029
R••• A••••••••• L••	delayed draw term loan first lien	$2.9M	$2.8M 96c	SOFR+550 bp	Jan 2, 2029
T••••••• B•••• L••	term loan first lien	$2.7M	$2.7M 100c	SOFR+475 bp	Mar 11, 2031
T••••••••• B••••• L••	term loan first lien	$2.7M	$2.7M 100c	SOFR+600 bp	Jun 28, 2028
C•••••••• F•••••• H•••••••• L••	term loan first lien	$14.2M	$2.6M 25c	SOFR+850 bp PIK 12.38%	Sep 25, 2029
T•• I••••• P•••••• L••	equity equity	$2,000	$2.5M 77c
I••••••• H••••• L••	term loan first lien	$2.5M	$2.5M 100c	SOFR+575 bp	Feb 19, 2030

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Registration

Fiscal year end: 1231reported
Incorporated: DEreported
On the SEC BDC report: 2013 to 2026reported
Filings listed: 19reported10-Q and 10-K since 2022
Former names: W••••••••• F••••••, LLCreported
Latest schedule: 0001104659-26-093465reported