BDC Facts & Stats | 4 
elected predecessor issuers based on filings made with the SEC through August 31, 
ive initial public offerings, or “IPOs.” 
Fee 
Incentive Fee 
Excludes  
Cash and  
Cash  
Equivalents? 
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 
No 
None 
N/A 
N/A 
N/A 
N/A 
20.0% 
Yes 
17.5% 
Yes 
6.0% 
7.27% 
No 
17.5% 
No 
20.0% 
Yes 
6.0% 
9.38% 
No 
20.0% 
Yes 
15.0% 
Yes 
6.0% 
7.06% 
Yes 
15.0% 
Yes 
15.0% 
Yes 
6.0% 
7.06% 
Yes 
15.0% 
Yes 
17.5% 
Yes 
6.0% 
7.27% 
Yes 
17.5% 
Yes 
12.5% 
Yes 
6.0% 
6.75% 
Yes 
12.5% 

View this content as a flipbook by clicking here.