Diameter Credit Co

CIK 0001916099

Diameter Credit Co is a non-traded business development company. With $3.0 billion in total assets, it is a mid-sized fund in the coverage universe. The portfolio is concentrated in direct lending, with 99% in first-lien senior secured loans and 95% floating-rate, at a weighted-average spread of 508 bps over the base rate. Its largest sector exposure is Financials (9% of holdings).

NAV/Share

$27.22

AUM

$3.0B

Positions

172

Strategy

Private Credit

Wtd. Avg. Coupon

9.0%

Wtd. Avg. Spread

5 bps

Wtd. Avg. Maturity

4.8 yrs

92% coverage

Top 10 Concentration

24.1%

Instrument type

Share of portfolio fair value

First Lien

92%

of fair value

First Lien Senior Loans91.6%

Second Lien Loans0.6%

Equity7.4%

Fund Vehicles0.3%

Industry exposure

Share of holdings fair value

Top 5

90%

of holdings

Financials9.2%

Industrials8.8%

Other6.5%

Health Care4.1%

Communication Services3.4%

Consumer Discretionary2.7%

Utilities2.5%

Energy1.4%

Information Technology0.2%

Unknown61.2%

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

11.9%