Is RWAY a Friend, Question Mark or Foe?

RWAY is classified a Foe under the Income Quality Score framework, based on long-duration distribution and total-return history. This is a research classification, not investment advice.

How safe is the RWAY distribution?

A Foe is an income asset whose long-term distributions have historically outrun its economic total return, or whose distribution or working capital has eroded over time. It describes a weak historical income-quality record — it is not a prediction or a recommendation to sell.

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Public snapshot

RWAY Income Quality Score

Name: RWAY Income Quality Score
Creator: Income Quality Score
Keywords: RWAY income quality, RWAY dividend quality, RWAY dividend safety, RWAY distribution history, RWAY dividend score, RWAY analysis, Runway Growth Finance Corp. dividend

Runway Growth Finance Corp. (RWAY) has an Income Quality Score of 30/100, classified as a Foe with medium confidence, based on a 5-year income and total-return history.

Runway Growth Finance Corp. (RWAY) is a business development company (BDC) and is part of the IQ Score universe.

July 2026 snapshotAs of July 7, 2026Lookback: 5-year

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Long-term focused5-year income and total-return analysis

Data-drivenObjective scoring across 7 quality, distribution and risk signals

Clear classificationFriends to own. Foes to avoid.

IQ Score

30/100

FoeMedium confidence

Asset Type

BDC

Exchange

NASDAQ

Trailing Yield (TTM)

24.6%

Rank in BDC Universe

42 of 45

Lookback

5-year

Data as of

July 7, 2026

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About this snapshot
This is the public July 2026 snapshot. Public snapshots are delayed and frozen: once released, a month's scores do not change, and current data is reserved for members. The July 2026 snapshot is published as the public launch snapshot.

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IQ Signal Scores

7 quality, distribution and risk signals combined into the overall IQ Score.

Economic Payout Coverage

0/100

Distribution Cut Score

70/100

Distribution Trend

37/100

Total Return

0/100

Max Drawdown

40/100

Volatility

60/100

Yield Consistency

95/100

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IQ Score History

IQ Score trajectory since 2023

RWAY's IQ Score has 64 recorded points from 2023-10-31 to 2026-07-07, most recently 29, ranging between 26 and 72 over the period. Over that window RWAY recorded 5 classification changes. The chart above plots the score against the methodology's Friend and Foe thresholds and overlays a base-100 normalised price line for capital-preservation context.

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RWAY distribution history & safety

Across 6 years of distribution data (2021–2026), RWAY recorded 2 annual increases and 1 distribution cut. Distribution stability is a core IQ Score signal — a long record free of cuts supports a stronger classification, while repeated cuts weaken it. Per-year figures are shown in the panel above.

Annual increases

2021–2026

Distribution cuts

2021–2026

Years of data

2021–2026

24.6%

Trailing yield (TTM)

As of snapshot

Variable

Distribution trend

Over available history

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IQ Score is a long-duration quality and distribution-safety classification for income assets. It is research based on historical data, not personal investment advice, and it does not tell you what to buy or sell. Figures reflect a delayed public snapshot and may differ from current data.