Antares Strategic Credit Fund

CIK 0001993402Antares

Antares Strategic Credit Fund is a non-traded business development company advised by Antares. With $4.3 billion in total assets, it is a mid-sized fund in the coverage universe. The portfolio is concentrated in direct lending, with 100% in first-lien senior secured loans and 100% floating-rate, at a weighted-average spread of 461 bps over the base rate. Its largest sector exposure is Industrials (11% of holdings).

NAV/Share

$25.42

AUM

$4.3B

Positions

1,391

Strategy

Private Credit

Wtd. Avg. Coupon

8.3%

Wtd. Avg. Spread

5 bps

Wtd. Avg. Maturity

4.8 yrs

98% coverage

Top 10 Concentration

8.8%

Instrument type

Share of portfolio fair value

First Lien

97%

of fair value

First Lien Senior Loans97.2%

Unsecured Loans0.4%

Equity2.1%

Industry exposure

Share of holdings fair value

Top 5

91%

of holdings

Industrials10.7%

Financials8.5%

Health Care7.1%

Information Technology4.8%

Other2.8%

Communication Services1.7%

Materials1.5%

Utilities1.2%

Consumer Discretionary1.2%

Energy0.8%

Unknown59.6%

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

2.8%