Monroe Capital Corporation (NASDAQ: MRCC) Company Overview. August 2015

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Cornelius Rodgers
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1 Monroe Capital Corporation (NASDAQ: MRCC) Company Overview August 2015

2 Disclaimer These materials and any presentation of which they form a part are neither an offer to sell, nor a solicitation of an offer to purchase, an interest in Monroe Capital Corporation ( Monroe, Monroe Capital or the Company ). These disclosure materials are being provided for discussion purposes only and do not constitute an offer or invitation for the sale or purchase of securities. These materials are not advice, a recommendation or an offer to enter into any transaction with Monroe or any of its affiliates. There is no guarantee that any of the goals, targets or objectives described in these materials will be achieved. The information contained herein is not intended to provide, and should not be relied upon for, accounting, legal or tax advice or investment recommendations. These materials and the presentations of which they are a part, and the summaries contained herein, do not purport to be complete and no obligation to update or otherwise revise such information is being assumed. Nothing shall be relied upon as a promise or representation as to the future performance of the Company. These materials may contain certain forward-looking statements. Any such statements, other than statements of historical fact, are likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not under the Company s control, and that the Company may or may not have considered; accordingly such statements cannot be guarantees or assurances of any aspect of future performance. Actual developments and results are highly likely to vary materially from these estimates and projections of the future as a result of a number of factors, including those described from time to time in the Company s filings with the Securities and Exchange Commission. These materials should be read in conjunction with the Company s periodic and current reports filed from time to time with the Securities and Exchange Commission, which reports are available on the website of the Company and the Securities and Exchange Commission. There is no guarantee that any of the estimates, targets or projections illustrated in these materials and any presentation of which they form a part will be achieved. The case studies, and any other references herein to any of the Company s past or present investments or its past or present performance, have been provided for illustrative purposes only. It should not be assumed that these investments were or will be profitable or that any future investments by the Company will be profitable or will equal the performance of these investments. Certain information contained herein has been derived from financial statements and other documents provided by the portfolio companies and/or the third party manager of such portfolio companies unless otherwise stated. Past performance is not indicative of future results. In addition, there can be no assurance that unrealized investments will be realized at the expected multiples shown as actual realized returns will depend on, among other factors, future operating results of each of the Company s current portfolio companies, the value of the assets and economic conditions at the time of disposition, any related transaction costs, and the timing and manner of sale, all of which may differ from the assumptions on which the Company s expected returns are based. In many instances, the Company will not determine the timing or manner of sale of the Company s portfolio companies. 1

3 Investment Highlights: Monroe Capital Corporation (NASDAQ: MRCC) Proven Senior Management Team Experienced management featuring long-term focus on the lower middle market Over $3.9 billion invested since inception as a team in over 800 middle-market investments Approximately $2.4 billion in assets under management as of June 30, 2015 Credit first underwriting, with zero loss tolerance Unique Lower Middle Market Platform A leading brand in the lower middle market; 2013 and 2014 Small Mid Market Lender of the Year (Global M&A Network); 2013 Unitranche Lender of the Year (Private Debt Investor); 2014 Senior Lender of the Year (Private Debt Investor); 2015 Small Business Investment Company (SBIC) of the Year Nationwide origination capabilities & substantial relationships with commercial banks across the United States Demonstrated sponsored/non-sponsored sourcing and execution Compelling Market Opportunity Reduced competition as many regional banks and finance companies have left the market or curtailed cash flow lending Enormous demand for middle-market debt capital due significant amount of debt maturities in the next five years and large pool of uninvested private equity capital Middle market debt has lower default rates and higher recovery rates, offering downside protection Attractive Portfolio & Pipeline Existing portfolio of $282.5 million, 10.8% current contractual yield, 11.1% current effective yield; 81% first lien senior secured and unitranche as of June 30, 2015 Large and growing pipeline of new financing opportunities High Risk-Adjusted Returns Annualized dividend yield to shareholders of approximately 9.7% 1 Target portfolio return in the low-teens with attractive risk profile, consistent with unitranche and senior secured strategy Shareholder friendly fee structure/terms; sponsor incentives aligned with shareholders SBIC subsidiary creates potential for increased leverage and improvements in per share Net Investment Income (1) Based on closing stock price as of August 10,

4 Company Highlights Growth expectations exceeded; positioned for continued success $219.1 million net growth in par value of investments; 84 new portfolio companies, 29 full repayments and 19 loan sales since launch SBIC subsidiary launched and ramping; SBIC subsidiary provides access to attractive long-term capital $0.35 per share quarterly dividend ($1.40 per annum) paid for 9.7% approximate annual dividend yield 1 ; Current dividend covered by current Net Investment Income Stable Book Value per share of $14.18 at June 30, 2015; Most recent equity offering was accretive to Book Value (1) Based on closing stock price as of August 10,

5 MRCC Has One of the Highest Returns of Its Peer Group Over the Last 12 Months 18.6% LTM return is one of the highest in the BDC industry, which has a negative mean LTM return LTM Total Return (1) Newtek Business Services Corp. 60.9% CM Finance Inc -3.7% Gladstone Investment Corporation 19.9% Harvest Credit Capital Corporation -4.9% Monroe Capital Corporation 18.6% Capitala Finance Corporation -6.3% MCG Capital Corporation 17.7% Gladstone Capital Corporation -7.2% Saratoga Investment Corp. 15.9% OHA Investment Corporation -8.1% BlackRock Capital Investment Corp. 15.8% Apollo Investment Corporation -10.7% Garrison Capital Inc. 12.0% American Capital, Ltd % New Mountain Finance Corp. 10.0% Horizon Technology Finance Corp % TPG Specialty Lending Inc. 9.5% Fidus Investment Corp % Golub Capital BDC, Inc. 8.1% TriplePoint Venture Growth BDC Corp % FS Investment Corporation 6.2% MVC Capital Inc % Ares Capital Corporation 4.9% TICC Capital Corp % PennantPark Floating Rate Capital Ltd. 4.5% Triangle Capital Corporation -20.2% Solar Senior Capital Ltd 4.5% Stellus Capital Investment Corp -21.1% Alcentra Capital Corporation 3.7% Hercules Technology Growth Capital -21.7% Main Street Capital Corporation 2.5% Harris & Harris Group, Inc % WhiteHorse Finance, Inc. 2.3% Fifth Street Senior Floating Rate Corp -23.1% THL Credit Inc. 1.9% Prospect Capital Corporation -23.2% BDCA Venture, Inc. 1.2% PennantPark Investment Corp % Solar Capital Ltd. 1.1% Medley Capital Corp % American Capital Senior Floating Ltd 0.9% KCAP Financial, Inc % OFS Capital Corp. -2.2% Fifth Street Finance Corp % TCP Capital Corporation -3.0% Goldman Sachs BDC, Inc. NA MEAN -3.4% MEDIAN -3.0% (1) LTM total return assumes dividends are reinvested. Source: Raymond James, "BDC Industry Investment Banking Weekly Newsletter," August 7,

6 MRCC Stock Had the Highest Return of Its Peer Group in % LTM return was the highest in the BDC industry in 2014, which had a negative 6.4% mean LTM return LTM Total Return (1) Monroe Capital Corporation 30.8% Stellus Capital Investment Corp -7.2% Garrison Capital Inc. 14.4% PennantPark Investment Corp. -9.6% New Mountain Finance Corp. 9.8% BDCA Venture, Inc % TCP Capital Corporation 9.5% Solar Senior Capital Ltd -12.7% Horizon Technology Finance Corp. 8.7% Solar Capital Ltd % PennantPark Floating Rate Capital Ltd. 8.1% WhiteHorse Finance, Inc % OFS Capital Corp 2.4% Prospect Capital Corporation -15.0% Golub Capital BDC, Inc. 0.9% Harvest Capital Credit Corporation -15.8% Capitala Finance Corporation -0.8% Fifth Street Senior Floating Rate Corp -16.9% Harris & Harris Group, Inc. -1.0% TICC Capital Corp % Hercules Technology Growth Capital -1.6% Triangle Capital Corporation -19.2% BlackRock Kelso Capital Corporation -2.9% THL Credit Inc % Main Street Capital Corporation -3.0% MVC Capital Inc % Fifth Street Finance Corp. -3.2% Fidus Investment Corp % Apollo Investment Corporation -3.5% Medley Capital Corp % Ares Capital Corporation -3.6% OHA Investment Corporation -35.4% Gladstone Investment Corporation -3.9% Alcentra Capital Corporation NA Saratoga Investment Corp. -4.0% American Capital Senior Floating Ltd NA KCAP Financial, Inc. -4.2% CM Finance Inc NA Gladstone Capital Corporation -5.6% TriplePoint Venture Growth BDC Corp. NA American Capital, Ltd. -6.6% FS Investment Corporation NA MCG Capital Corporation -6.9% TPG Specialty Lending Inc. NA MEAN -6.4% MEDIAN -4.9% (1) LTM total return assumes dividends are reinvested. Source: Raymond James, "BDC Industry Investment Banking Weekly Newsletter," December 31,

7 129.4% Dividend Coverage is among the highest in the BDC industry, which has mean dividend coverage of 96.7% MRCC Dividend Coverage is Among the Highest in the BDC Industry (1) Dividend coverage is the prior quarter's net investment income dividend by the prior quarter's dividend (2) MAIN dividend coverage does not include supplemental dividend (3) Adjusted Net Investment Income as calculated by the company for BKCC, FDUS, FSIC, HCAP, HRZN, MRCC, NMFC, PNNT, SUNS, TICC (4) Recently reduced quarterly dividend Dividend Coverage (1)(2)(3) TriplePoint Venture Growth BDC Corp % Harvest Capital Credit Corporation 94.8% Monroe Capital Corporation 129.4% Gladstone Investment Corporation 94.4% Garrison Capital Inc % FS Investment Corporation 94.3% TCP Capital Corporation 122.2% Stellus Capital Investment Corp 94.1% TPG Specialty Lending Inc % Golub Capital BDC, Inc. 93.8% BlackRock Capital Investment Corp % (4) Ares Capital Corporation 92.1% Apollo Investment Corporation 110.0% Triangle Capital Corporation 90.7% WhiteHorse Finance, Inc % Prospect Capital Corporation 86.5% (4) Gladstone Capital Corporation 109.5% OFS Capital Corp 82.4% Alcentra Capital Corporation 108.8% Fifth Street Senior Floating Rate Corp 76.7% American Capital Senior Floating Ltd 106.5% Fifth Street Finance Corp. 76.3% (4) Main Street Capital Corporation 104.8% KCAP Financial, Inc. 76.2% (4) Newtek Business Services Corp % Hercules Technology Growth Capital 74.2% PennantPark Floating Rate Capital Ltd % Horizon Technology Finance Corp. 72.5% New Mountain Finance Corp % Capitala Finance Corporation 70.2% THL Credit Inc % TICC Capital Corp. 62.1% (4) Solar Senior Capital Ltd 102.1% MVC Capital Inc. 33.3% CM Finance Inc 100.9% BDCA Venture, Inc. NA Fidus Investment Corp % Goldman Sachs BDC, Inc. NM Medley Capital Corp % (4) MCG Capital Corporation NM OHA Investment Corporation 100.0% (4) American Capital, Ltd. NM PennantPark Investment Corp % Saratoga Investment Corp. NM Solar Capital Ltd. 95.0% Harris & Harris Group, Inc. NM MEAN 96.7% MEDIAN 100.0% Source: Raymond James, "BDC Industry Investment Banking Weekly Newsletter," August 7,

8 MRCC Return on Equity (NII) Supports the Dividend Yield 11.9% Return on Equity (NII) is among the highest in the BDC industry, which has mean ROE of 9.0% Return on Equity (NII) (1) TCP Capital Corporation 14.1% PennantPark Floating Rate Capital Ltd. 9.0% Triangle Capital Corporation 14.0% Goldman Sachs BDC, Inc. 8.9% Medley Capital Corp. 12.5% Gladstone Capital Corporation 8.7% Monroe Capital Corporation 11.9% Horizon Technology Finance Corp. 8.2% TPG Specialty Lending Inc. 11.8% WhiteHorse Finance, Inc. 8.2% Apollo Investment Corporation 11.4% American Capital Senior Floating Ltd 8.1% PennantPark Investment Corp. 11.0% Gladstone Investment Corporation 8.0% New Mountain Finance Corp. 11.0% Saratoga Investment Corp. 7.8% Fidus Investment Corp. 10.8% Golub Capital BDC, Inc. 7.6% Garrison Capital Inc. 10.8% Capitala Finance Corporation 7.6% THL Credit Inc. 10.7% BlackRock Capital Investment Corp. 7.3% Main Street Capital Corporation 10.0% Solar Senior Capital Ltd 7.2% Fifth Street Finance Corp. 9.9% Solar Capital Ltd. 6.7% Prospect Capital Corporation 9.9% OFS Capital Corp 5.1% Fifth Street Senior Floating Rate Corp 9.7% American Capital, Ltd. 3.1% TICC Capital Corp. 9.7% OHA Investment Corporation 2.8% Stellus Capital Investment Corp 9.6% MVC Capital Inc. 0.2% CM Finance Inc 9.4% MCG Capital Corporation NM Harvest Capital Credit Corporation 9.2% BDCA Venture, Inc. NM Hercules Technology Growth Capital 9.2% Harris & Harris Group, Inc. NM Ares Capital Corporation 9.1% Newtek Business Services Corp. NA KCAP Financial, Inc. 9.1% Alcentra Capital Corporation NA TriplePoint Venture Growth BDC Corp. 9.0% FS Investment Corporation NA MEAN 9.0% MEDIAN 9.1% (1) LTM net investment income divided by LTM average net assets. Source: Raymond James, "BDC Industry Investment Banking Weekly Newsletter," August 7,

Growth in Adjusted Net Investment Income Adjusted Net Investment Income per Share has trended up since we raised capital in October 2012 and July 2013 and starting in 2Q 2014, comfortably covers our

9 Growth in Adjusted Net Investment Income Adjusted Net Investment Income per Share has trended up since we raised capital in October 2012 and July 2013 and starting in 2Q 2014, comfortably covers our current quarterly dividend of $0.35 per share Quarterly Adjusted Net Investment Income per Share 1 Initial Public Offering Closed 10/31/12 Additional Capital Raise Closed 7/22/13 Additional Capital Raise Closed 4/20/15 $0.50 $0.48 $0.45 $0.44 $0.43 $0.40 $0.39 $0.35 $0.30 $0.29 $0.30 $0.27 $0.31 $0.33 $0.35 $0.25 $0.20 $0.15 $0.15 $0.10 4Q Q Q Q Q Q Q Q Q Q Q ) Adjusted Net Investment Income is a non-gaap measure. See the Company s press releases at for a reconciliation from net investment income to adjusted net investment income. 2) CAGR, or Compound Annual Growth Rate, is calculated based on the quarter ended 1Q 2013, which was the first full quarter of investment after the initial public offering and the quarter ended 2Q

10 MRCC - Outsized Potential Return While Maintaining Safety LTM Total Return (through 8/7/2015) Current Dividend Coverage 25.0% 20.0% 15.0% 10.0% 5.0% 0.0% -5.0% -10.0% 18.6% MRCC BDC Mean (1) -3.4% 140.0% 120.0% 100.0% 80.0% 129.4% 96.7% MRCC BDC Mean (1) 1 st Lien Debt as a % of Portfolio Weighted Average Effective Yield on Portfolio 100.0% 80.0% 60.0% 40.0% 20.0% 81.0% 56.7% 0.0% 8.0% MRCC BDC Mean (2) MRCC BDC Mean (2) Source: Wells Fargo Securities; Source: Raymond James, August 7, 2015, Yahoo! Finance; Company Filings (1) BDC Mean consists of the mean of ABDC, ACAS, ACSF, AINV, ARCC, BDCV, BKCC, CMFN, CPTA, FDUS, FSFR, FSC, FSIC, GAIN, GARS, GBDC, GLAD, GSBD, HCAP, HRZN, HTGC, KCAP, MAIN, MCC, MCGC, MRCC, MVC, NEWT, NMFC, OFS, OHAI, PFLT, PNNT, PSEC, SAR, SCM, SLRC, SUNS, TCAP, TCPC, TCRD, TICC, TINY, TPVG, TSLX and WHF (Source: Raymond James, "BDC Industry Investment Banking Weekly Newsletter," August 7, 2015) (2) BDC Mean consists of the mean of ABDC, ACAS, ACSF, AINV, ARCC, BKCC, FSC, FSFR, FSIC, GLAD, GBDC, GSBD, HCAP, HRZN, HTGC, MAIN, MCC, NMFC, PFLT, PNNT, PSEC, SCM, SLRC, SUNS, TCAP, TCPC, TCRD, TICC, TSLX, TPVG and WHF (Source: Wells Fargo The 7/23 Thursday Bocks d Lunch, 7/23/15) 12.0% 11.0% 10.0% 9.0% 11.1% 10.3% 9

11 Portfolio Mix 1 st Lien as a Percentage of the Portfolio MRCC is has a higher percentage of 1 st lien debt and is generating a higher yield when compared the mean of peer BDCs 81% of MRCC s portfolio represents 1 st lien senior secured debt, which is generally considered less risky than 2 nd lien and subordinated debt investments 1. Source: Wells Fargo Securities, The 7/23 Thursday Bocks d Lunch, July 23, Raymond James, BDC Industry Investment Banking Weekly Newsletter, August 7, st Lien Debt Percentage of Yield on 1st Weighted Avg. Total Portfolio Dividend Total 1 Lien Debt 1 Yield 1 Coverage 2 MRCC 81.0% 11.2% 11.1% 129.4% Mean 56.7% 9.4% 10.3% 98.6% TPVG 96.4% 10.9% 13.4% 133.3% HRZN 95.1% 10.8% 11.8% 72.5% FSFR 93.0% 6.5% 6.8% 76.7% HTGC 92.7% 10.2% 10.6% 74.2% TSLX 90.3% 8.7% 9.4% 117.9% GBDC 88.9% 7.3% 7.7% 93.8% PFLT 82.6% 7.3% 8.3% 111.1% ACSF 69.8% 5.0% 5.4% 106.5% FSIC 66.4% 9.7% 10.2% 94.3% MCC 64.3% 11.7% 11.9% 100.0% TCPC 62.3% 9.8% 10.5% 122.2% SUNS 58.3% 6.2% 6.8% 102.1% PSEC 56.8% 10.4% 11.3% 86.5% GSBD 56.0% 9.6% 10.6% NM FSC 54.5% 8.9% 10.1% 76.3% TICC 54.0% 6.2% 7.2% 62.1% GLAD 53.8% 9.9% 10.5% 109.5% TCRD 52.6% 11.0% 11.6% 102.9% WHF 52.5% 11.0% 11.5% 109.9% HCAP 52.3% 13.9% 14.6% 94.8% NMFC 46.1% 8.1% 9.4% 102.9% MAIN 46.1% 7.4% 10.0% 104.8% ACAS 41.8% 5.5% 7.9% NM ABDC 39.5% 11.6% 12.1% 108.8% BKCC 36.0% 10.9% 11.6% 114.3% AINV 35.9% 11.1% 11.1% 110.0% ARCC 35.1% 8.2% 9.2% 92.1% PNNT 26.3% 11.7% 12.2% 100.0% SCM 25.0% 9.5% 11.5% 94.1% SLRC 19.5% 9.6% 9.6% 95.0% TCAP 13.6% 11.4% 13.7% 90.7% 10

12 Strong Platform & Proprietary Deal Sourcing Capabilities Monroe brings a strong established network that is unique to the lower middle market Midwest West Coast Regional Sponsors - Caltius Equity Partners - Golden Gate Capital - Grey Mountain Partners - Olympic Valley Capital - SPK Capital - Swander Pace Capital Regional Bank Relationships - City National Bank - East West Bank* - Wells Fargo Regional Sponsors - Bolder Capital - Chicago Growth Partners - Frontenac Company - Geneva Glen Capital - Industrial Opportunity Partners - Resilience Capital - Wynnchurch Capital - Z Capital Partners Regional Bank Relationships - BMO Harris* - Cole Taylor* (MB Financial) - Fifth Third Bank - FirstMerit Bank* - Key Bank - Private Bank & Trust* - Talmer Bank & Trust - Wintrust* Northeast Regional Sponsors - Battery Ventures - BelHealth Investment Partners - Boathouse Capital - Centre Partners - Goode Capital Partners - Monomoy Capital Partners - RLJ Equity Partners - Seaport Capital - Sentinel Capital - Summit Partners - Versa Capital - Wafra Partners - Webster Capital Southwest Regional Sponsors - Pharos Capital - Trive Capital - Pinecrest Capital Partners Regional Bank Relationships - Bank of America Merrill Lynch* - Customers Bank - ING Capital - Santander Consumer USA Regional Bank Relationships - Texas Capital Bank Southeast Regional Sponsors - Harren Equity Partners - HIG Capital - Msouth Equity Partners - RMP Group - Sun Capital Partners Strategic Regional Bank Relationship Exposure Monroe Offices Regional Bank Relationships - AloStar Bank - EverBank * Current LPs in Monroe funds 11

High Quality Portfolio Investments at Attractive Yields Monroe s portfolio delivers an attractive yield, with companies in the portfolio exhibiting higher credit quality and low leverage Weighted

13 High Quality Portfolio Investments at Attractive Yields Monroe s portfolio delivers an attractive yield, with companies in the portfolio exhibiting higher credit quality and low leverage Weighted Average Yield on Debt Portfolio 14.0% 13.2% 12.0% 11.1% 10.0% 9.7% 8.0% 7.1% 6.0% 5.4% 4.0% 2.0% HY BB Index (1) HY B Index (1) HY CCC and Below Index (1) Monroe BDC Dividend Yield (2) Monroe BDC Portfolio Effective Yield (3) 1) Bank of America Merrill Lynch High Yield Indices as of August 7, (Source: Federal Reserve Bank of St. Louis research.stlouisfed.org) 2) Based on closing stock price as of August 10, ) As of June 30,

Portfolio of Diversified and High Returning Secured

secured debt Portfolio by Security Type (1)

6% 1st Lien Unitranche 23.1% Equity Securities 1.

9% Construction & Building Consumer Goods: 5%

Healthcare & Pharmaceuticals 19% Beverage, Food &

Publishing 2% Aerospace & Defense 2% Media:

4% Services: Business 13% Containers, Packaging &

Consumer Goods: Durable 2% Retail 6% Services:

Hotels, Gaming & Leisure 7% Banking, Finance,

$282.5 million 74 loans and 17 equity securities

14 Portfolio of Diversified and High Returning Secured Debt As of June 30, 2015, $282.5 million portfolio yielding 11.1% comprised of approximately 81% first lien secured debt Portfolio by Security Type (1) Portfolio by Industry Type (1) Junior Secured 17.6% 1st Lien Unitranche 23.1% Equity Securities 1.4% 1st Lien Senior Secured 57.9% Construction & Building Consumer Goods: 5% Non-Durable Metals & Mining 14% 3% Wholesale 2% Healthcare & Pharmaceuticals 19% Beverage, Food & Tobacco 2% Media: Advertising, Printing & Publishing 2% Aerospace & Defense 2% Media: Broadcasting & Subscription 2% High Tech Industries 4% Services: Business 13% Containers, Packaging & Glass 1% Media: Diversified & Production 5% Consumer Goods: Durable 2% Retail 6% Services: Consumer 1% Automotive 2% Energy: Oil & Gas 3% Hotels, Gaming & Leisure 7% Banking, Finance, Insurance & Real Estate 6% Total portfolio size of $282.5 million 74 loans and 17 equity securities across 53 different portfolio companies Conservative portfolio weighted average Loan-to-Value Current contractual yield of 10.8%; Effective yield of 11.1% Average loan investment size per company of $5.7 million (based on principal) Largest investment in any single company of $14.3 million (based on principal) (1) Portfolio statistics based on fair value as of 6/30/15 for securities. 13

15 Selected Portfolio Investments 14

16 BDC Structure + Monroe Platform = Attractive Investment Opportunity BDC Structure Permanent capital base / long term investment horizon Delivers a predictable dividend stream Efficient tax structure (RIC election) No entity-level taxation Pass through capital gains to investors Statutory asset diversification requirement and leverage limitation reduces risk, while allowing for enhanced returns Monroe Capital Platform Premier lower middle market franchise Nationwide origination focus Proven management / track record Unique senior secured first lien approach Focus on direct originations Strategic partnerships with banks Credit first underwriting with zero loss tolerance Strong investment pipeline Attractive Investment Opportunity Target portfolio return of 10% + Lower risk profile Attractive risk-adjusted returns Strong dividend profile Approximate 9.7% annualized yield Dividend stability is a priority 15

Financial Services/Real Estate: Commercial Finance Important disclosures can be found at the end of this report.

Tier 4 Tier 3 Tier 2 Tier 1 Financial Services/Real Estate: Commercial Finance Important disclosures can be found at the end of this report. June 16, 2016 + / - Combined 06/14/16 from Weighted Company