Ares Strategic Income Fund

CIK 0001918712Ares

ARES STRATEGIC INCOME FUND is a non-traded business development company advised by Ares. With $22.7 billion in total assets, it is among the largest BDCs in the 69-fund coverage universe. The portfolio is concentrated in direct lending, with 84% in first-lien senior secured loans and 85% in floating-rate debt by fair value, at a weighted-average spread of 454 bps over the base rate. Its largest sector exposure is Industrials (20% of holdings).

NAV/Share

$27.48

AUM

$22.7B

Positions

1,260

Strategy

Private Credit

Wtd. Avg. Coupon

8.4%

Wtd. Avg. Spread

5 bps

Wtd. Avg. Maturity

5.6 yrs

95% coverage

Top 10 Concentration

11.0%

PIK in Terms

9.3%

Instrument type

Share of portfolio fair value

First Lien

84%

of fair value

First Lien83.6%

Second Lien1.9%

Unsecured8.8%

Structured0.4%

Equity4.6%

Fund Vehicles0.7%

Industry exposure

Share of holdings fair value

Top 5

83%

of holdings

Industrials19.7%

Information Technology12.8%

Financials12.4%

Health Care9.8%

Other5.2%

Consumer Discretionary3.5%

Consumer Staples2.8%

Materials1.7%

Energy1.7%

Communication Services1.2%

Utilities0.5%

Real Estate0.4%

Unknown28.4%

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.