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 92% in first-lien senior secured loans and 87% in floating-rate debt by fair value, at a weighted-average spread of 508 bps over the base rate. Its largest sector exposure is Financials (11% 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%

PIK in Terms

11.9%

Instrument type

Share of portfolio fair value

First Lien

92%

of fair value

First Lien91.6%

Second Lien0.6%

Equity7.4%

Fund Vehicles0.3%

Industry exposure

Share of holdings fair value

Top 5

90%

of holdings

Financials10.6%

Industrials8.8%

Health Care8.5%

Other7.2%

Communication Services3.4%

Consumer Discretionary2.7%

Utilities2.5%

Energy1.4%

Information Technology0.2%

Unknown54.7%

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.