Commonwealth Credit Partners BDC I, Inc

CIK 0001841514

Commonwealth Credit Partners BDC I, Inc. is a non-traded business development company. With $663 million in total assets, it is one of the smaller funds in the coverage universe. The portfolio is concentrated in direct lending, with 99% in first-lien senior secured loans and 96% in floating-rate debt by fair value, at a weighted-average spread of 569 bps over the base rate.

NAV/Share

$895.75

AUM

$662.7M

Positions

123

Strategy

Private Credit

Wtd. Avg. Coupon

9.6%

Wtd. Avg. Spread

6 bps

Wtd. Avg. Maturity

2.5 yrs

99% coverage

Top 10 Concentration

32.8%

PIK in Terms

12.8%

Instrument type

Share of portfolio fair value

First Lien

99%

of fair value

First Lien99.1%

Equity0.8%

Industry exposure

Share of holdings fair value

Top 5

77%

of holdings

Other19.9%

Health Care18.2%

Financials14.7%

Industrials14.2%

Communication Services10.2%

Information Technology6.8%

Consumer Discretionary3.2%

Consumer Staples2.5%

Materials1.2%

Unknown9.3%

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.