Key Takeaways CION held 80.8% of investments in senior secured first-lien loans as of March 2026.CION's portfolio totaled $1.70B across 89 companies in 23 industries with Services the top sector.CION reported lower Q1 2026 income and NAV as equity portfolio marks pressured valuations.CION Investment Corp. (CION) is built to deliver current income with modest capital appreciation, and the portfolio’s structure tells you how management is trying to get there. The company leans hard into senior secured lending ...