Monroe Capital Income Plus Corp

CIK 0001742313Monroe Capital

Monroe Capital Income Plus Corp is a non-traded business development company advised by Monroe Capital. With $6.1 billion in total assets, it is a mid-sized fund in the coverage universe. The portfolio is concentrated in direct lending, with 94% in first-lien senior secured loans and 97% floating-rate, at a weighted-average spread of 584 bps over the base rate. Its largest sector exposure is Information Technology (9% of holdings).

NAV/Share

$9.87

AUM

$6.1B

Positions

980

Strategy

Private Credit

Wtd. Avg. Coupon

9.4%

Wtd. Avg. Spread

6 bps

Wtd. Avg. Maturity

3.7 yrs

88% coverage

Top 10 Concentration

10.1%

Instrument type

Share of portfolio fair value

First Lien

84%

of fair value

First Lien Senior Loans83.8%

Second Lien Loans5.2%

Equity9.5%

Other1.4%

Industry exposure

Share of holdings fair value

Top 5

96%

of holdings

Information Technology8.8%

Industrials8.2%

Health Care4.0%

Consumer Discretionary1.5%

Communication Services1.3%

Consumer Staples1.0%

Other0.8%

Financials0.5%

Materials0.2%

Energy0.1%

Unknown73.3%

Unknown sector positions lack GICS classification in the source filing or could not be reconciled.

Maturity profile

Share of debt fair value by years to maturity.

Risk & Credit Indicators

PIK in Terms

6.6%