BDCNON-TRADED
Overland Advantage
CIK 0001965934
Overland Advantage is a non-traded business development company. With $1.6 billion in total assets, it is one of the smaller funds in the coverage universe. The portfolio is concentrated in direct lending, with 91% in first-lien senior secured loans and 100% in floating-rate debt by fair value, at a weighted-average spread of 575 bps over the base rate. Its largest sector exposure is Health Care (11% of holdings).
NAV/Share
$24.69
AUM
$1.6B
Positions
43
Strategy
Private Credit
Wtd. Avg. Maturity
4.4 yrs
100% coverage
Top 10 Concentration
53.6%
Instrument type
Share of portfolio fair value
First Lien
91%
of fair value
First Lien91.4%
Second Lien3.2%
Unsecured5.3%
Industry exposure
Share of holdings fair value
Top 5
100%
of holdings
Health Care11.0%
Other9.1%
Consumer Discretionary4.9%
Real Estate4.5%
Information Technology0.2%
Unknown70.2%
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.