Fidelity Private Credit Co LLC

CIK 0001899996

Fidelity Private Credit Co LLC is a non-traded business development company. With $1.7 billion 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 97% in floating-rate debt by fair value, at a weighted-average spread of 546 bps over the base rate. Its largest sector exposure is Health Care (15% of holdings).

NAV/Share

$9.28

AUM

$1.7B

Positions

341

Strategy

Private Credit

Wtd. Avg. Coupon

9.2%

Wtd. Avg. Spread

5 bps

Wtd. Avg. Maturity

3.3 yrs

99% coverage

Top 10 Concentration

21.7%

PIK in Terms

8.8%

Instrument type

Share of portfolio fair value

First Lien

99%

of fair value

First Lien98.6%

Equity1.3%

Industry exposure

Share of holdings fair value

Top 5

93%

of holdings

Health Care15.5%

Materials8.4%

Industrials7.9%

Consumer Discretionary6.0%

Consumer Staples5.6%

Utilities1.7%

Information Technology0.1%

Financials0.0%

Other0.0%

Unknown54.9%

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.