Golub Capital BDC originated $157.4 million in new middle-market investment commitments during the three months ended March 31, 2023. Approximately 98% of the new middle-market investment commitments were one stop loans and 2% were equity and other securities. Of the new middle-market investment commitments, $135.1 million funded at close.
Total investments at fair value are estimated to have increased by approximately 0.6%, or $34.4 million, during the three months ended March 31, 2023 after factoring in debt repayments, sales of securities, net fundings on revolvers and net change in unrealized gains (losses).