BDC Facts & Stats | 9 
Fee 
Incentive Fee 
Excludes  
Cash and  
Cash  
quivalents? 
Fee Based  
on % of Net  
Investment  
Income 
Deferred 
Interest 
Payments 
Relating to PIK 
or OID 
Hurdle Rate  
(annualized,  
except as  
noted) 
Catch-Up Rate 
(annualized, 
except  
as noted) 
Look-Back  
Feature/Total 
Return  
Requirement 
Fee Based 
on % of 
Capital  
Gains 
Yes 
20.0% 
Yes 
8.0% 
10.00% 
No 
20.0% 
No 
20.0% 
Yes 
7.0% 
8.75% 
No 
20.0% 
Yes 
17.5% 
Yes 
6.0% 
7.27% 
No 
17.5% 
Yes 
No incentive fee paid under the management agreement 
No 
17.5% 
Yes 
7.0% 
8.49% 
No 
17.5% 
Yes 
20.0% 
Yes 
7.0% 
8.75% 
No 
20.0% 

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