Annualized Distribution Rate
11.6% annualized
Geography
75%–100% North America
0%–25% Europe & APAC
Issuer Diversification
417 names*
*Includes Eclipse and Rocade portfolios of underlying first lien loan exposure in total.
FOR USE WITH ACCREDITED INVESTORS 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 March 31, 2025 unless otherwise noted
|
Total Investments4 $3.1B |
Current distribution rate1 11.6% |
|
Rating Baa3 (Moody’s) |
ITD Total Net IRR2 11.2% |
|
Seniority4
|
Annualized Distribution Rate3
|
Share Class I Total Net Return2
| One-Month | Three-Month | YTD | One-Year | Three-Year | ITD |
| 1.0% | 2.7% | 2.7% | 11.0% | 11.4% | 11.2% |
Share Class I Monthly Return2
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD |
| 2025 | 0.9% | 0.8% | 1.0% | 2.7% | |||||||||
| 2024 | 1.2% | 1.1% | 1.2% | 0.8% | 1.1% | 0.5% | 0.9% | 0.9% | 0.7% | 0.9% | 1.2% | 0.9% | 11.9% |
| 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 |
| 2025 | $20.78 | $20.74 | $20.75 | |||||||||
| 2024 | $20.88 | $20.90 | $20.96 | $20.92 | $20.95 | $20.86 | $20.85 | $20.83 | $20.78 | $20.77 | $20.81 | $20.80 |
| 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 |
| 2025 | $0.20 | $0.20 | $0.20 | $0.20 | ||||||||
| 2024 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 | $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 April, resulting in an annualized distribution rate of 11.6% based on the March 31 net asset value per share.
2. As of 03/31/2025. 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) are 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). 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. BPCC’s inception date was 05/13/2021.
3. Inception date of May 13, 2021. Data as of April 25, 2025. “Distribution Rate at NAV” represents the annualized distribution rate 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 December 31, 2024. Includes Eclipse, Rocade, and CPCF BPCC JV portfolios of underlying first lien loan exposure in total.
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