Fifth Street Finance Corp. provided earnings guidance for the first quarter ended December 31, 2015. For the quarter, the company estimates net investment income per share of $0.18.

The company expects its net asset value per share to be within an estimated range of $8.35 to $8.45, compared to its last reported NAV per share of $9.00 as of September 30, 2015. The company estimates that over 40% of the quarterly change in NAV is due to broader market changes, including spread widening, with the remainder due to credit deterioration in a small number of investments.