Dividend Yield
11.5% annualized
Geography
75%–100% North America
0%–25% Europe & APAC
Issuer Diversification
361 names*
*Includes Eclipse and Rocade portfolios of underlying first lien loan exposure in total.
FOR USE WITH ACCREDITED INVESTOR ONLY. NOT FOR FURTHER DISTRIBUTION.
Barings Private Credit Corporation (BPCC)
BPCC is a high-quality, highly diversified, floating rate income solution that offers portfolio diversification across issuer, industry, and geography.
BPCC Financial Information
As of June 30, 2024 unless otherwise noted
|
Total Investments4 $2.6B |
Current yield1 11.5% |
|
Rating Baa3 (Moody’s) |
ITD Total Net IRR2 11.1% |
|
Seniority4
|
Dividend Yield3
|
Share Class I Total Net Return2
| One-Month | Three-Month | YTD | One-Year | ITD |
| 0.5% | 2.4% | 6.0% | 12.9% | 11.1% |
Share Class I Monthly Return2
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD |
| 2024 | 1.2% | 1.1% | 1.2% | 0.8% | 1.1% | 0.5% | 6.0% | ||||||
| 2023 | 1.1% | 0.7% | 1.8% | 1.0% | 0.9% | 0.7% | 1.1% | 0.9% | 1.4% | 1.1% | 1.0% | 0.9% | 13.3% |
| 2022 | 0.7% | 0.6% | 2.6% | 0.6% | 0.3% | 0.3% | 1.0% | 0.6% | 0.8% | 0.6% | 0.7% | (0.5)% | 8.5% |
| 2021 | 1.7% | 2.4% | 2.7% | 7.0% | |||||||||
Historical NAV per Share2
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2024 | $20.88 | $20.90 | $20.96 | $20.92 | $20.95 | $20.86 | ||||||
| 2023 | $20.63 | $20.62 | $20.80 | $20.80 | $20.78 | $20.72 | $20.75 | $20.74 | $20.82 | $20.84 | $20.85 | $20.84 |
| 2022 | $20.72 | $20.84 | $20.96 | $21.08 | $21.14 | $20.77 | $20.98 | $21.11 | $20.83 | $20.81 | $20.81 | $20.55 |
| 2021 | - | - | - | - | $20.00 | $20.34 | - | - | $20.43 | - | - | $20.58 |
Share Class I Historical Distribution per Share2
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2024 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | |||||
| 2023 | $0.16 | $0.16 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 |
| 2022 | - | - | $0.42 | - | - | $0.43 | - | - | $0.44 | $0.15 | $0.15 | $0.15 |
| 2021 | - | - | - | - | - | - | - | - | $0.40 | - | - | $0.41 |
1. BPCC declared a monthly dividend of $0.20 per share payable in July, resulting in an annualized dividend yield of 11.5% based on the June 30 net asset value per share.
2. As of February 27, 2024, YTD Total Net Return, 3-month return, and 1-year return are calculated using a geometric return methodology, wherein monthly total returns (or quarterly returns prior to 2023) will be calculated by taking the change in NAV per share, plus distributions per share (assumes dividends and distributions are reinvested), divided by prior period NAV per share and then compounded monthly (or quarterly prior to 2023). Prior to this, a simple total return was presented, wherein calculations did not compound prior period performance, thereby omitting the effect of the time value of money and resulting in slightly understated total return figures. Returns greater than one year are annualized and assume reinvestment of dividends and distributions. All returns are derived from unaudited financial information and are net of all BPCC expenses. May 13, 2021 BPCC Inception.
3. Inception date of May 13, 2021. Data as of June 30, 2024. Dividend Yield at NAV represents the annualized dividend yield based on the most recent month-end NAV. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. An investment entails a risk of loss. Returns for periods greater than one year are annualized. Fund performance is representative of the USD I Class and has been calculated to account for the deduction of fees. Fund performance does not take account of any commission or costs incurred by investors when subscribing for or redeeming shares. These figures refer to the past.
4. As of March 31, 2024. Includes Eclipse and Rocade portfolios of underlying first lien loan exposure in total.
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