HPS Corporate Lending Fund

CIK 0001838126HPS

HPS Corporate Lending Fund is a non-traded business development company advised by HPS. With $26.3 billion in total assets, it is among the largest BDCs in the 69-fund coverage universe. The portfolio is concentrated in direct lending, with 100% in first-lien senior secured loans and 98% floating-rate, at a weighted-average spread of 528 bps over the base rate. Its largest sector exposure is Industrials (22% of holdings).

NAV/Share

$1000.00

AUM

$26.3B

Positions

831

Strategy

Private Credit

Wtd. Avg. Coupon

8.8%

Wtd. Avg. Spread

5 bps

Wtd. Avg. Maturity

4.8 yrs

97% coverage

Top 10 Concentration

12.2%

Instrument type

Share of portfolio fair value

First Lien

97%

of fair value

First Lien Senior Loans97.1%

Unsecured Loans0.2%

Structured Credit0.2%

Equity0.8%

Other1.6%

Industry exposure

Share of holdings fair value

Top 5

79%

of holdings

Industrials22.0%

Health Care19.6%

Information Technology13.3%

Financials11.8%

Other6.5%

Consumer Discretionary3.9%

Communication Services2.7%

Energy2.5%

Materials2.1%

Consumer Staples2.0%

Real Estate0.8%

Utilities0.5%

Unknown12.6%

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

12.7%