Peer marks.
Where shared loans are marked differently across BDCs, this page re-prices each fund's shared positions at a peer-chosen price (lowest, highest, mean, or median, excluding self) and shows which funds are carrying materially richer or more conservative marks than the peer benchmark. Price is cents-on-the-dollar (fair value ÷ principal), or fair value ÷ cost when principal isn't disclosed.
Peer-price scenario
What if every shared position was marked at the most conservative peer price? BDCs with a big markdown here are carrying the highest marks vs. peers.
Include position types
BDC ranking — implied NAV delta under lowest peer scenario
Positive = carries higher marks · Negative = more conservative
| Markdown | |||||
|---|---|---|---|---|---|
BXSL Blackstone Secured Lending · 309 shared | $12.82B | $12.80B | +$16.91M | +0.13% | |
OCIC Blue Owl Credit Income Corp · 193 shared | $23.94B | $23.93B | +$7.77M | +0.03% | |
CCLFX Cliffwater Corporate Lending Fund · 114 shared | $2.45B | $2.45B | +$7.36M | +0.30% | |
OBDC Blue Owl Capital · 186 shared | $10.95B | $10.95B | +$4.33M | +0.04% | |
OTF Blue Owl Technology Finance Corp · 118 shared | $9.22B | $9.21B | +$4.02M | +0.04% | |
NMFC New Mountain Finance · 11 shared | $229.15M | $225.87M | +$3.28M | +1.43% | |
MAIN Main Street Capital · 100 shared | $2.25B | $2.24B | +$2.80M | +0.12% | |
CGBD Carlyle Secured Lending · 15 shared | $271.27M | $269.51M | +$1.76M | +0.65% | |
PTMN Portman Ridge Finance · 4 shared | $11.07M | $9.82M | +$1.25M | +11.27% | |
OTIC Blue Owl Technology Income Corp · 124 shared | $4.03B | $4.03B | +$554.5K | +0.01% | |
OCSL Oaktree Specialty Lending · 4 shared | $99.68M | $99.40M | +$279.1K | +0.28% | |
OBDCII Blue Owl Capital Corp II · 129 shared | $541.22M | $540.96M | +$265.6K | +0.05% | |
PNNT PennantPark Investment · 2 shared | $3.17M | $3.00M | +$169.8K | +5.36% | |
BCSF Bain Capital Specialty Finance · 1 shared | $7.68M | $7.52M | +$160.4K | +2.09% | |
CELFX Cliffwater Enhanced Lending Fund · 54 shared | $396.20M | $396.07M | +$126.3K | +0.03% | |
CCAP Crescent Capital BDC · 5 shared | $22.64M | $22.52M | +$122.6K | +0.54% | |
GLAD Gladstone Capital · 1 shared | $3.20M | $3.20M | +$285.71 | +0.01% | |
GAIN Gladstone Investment · 1 shared | $7.46M | $7.46M | -$666.67 | -0.01% | |
BBDC Barings BDC · 1 shared | $5.20M | $5.31M | -$110.9K | -2.13% | |
SLRC SLR Investment · 3 shared | $58.80M | $58.94M | -$138.8K | -0.24% | |
MSIF MSC Income Fund · 100 shared | $770.33M | $770.92M | -$586.6K | -0.08% | |
MFIC MidCap Financial Investment · 7 shared | $83.67M | $84.29M | -$615.7K | -0.74% | |
CSWC Capital Southwest · 1 shared | $17.20M | $18.21M | -$1.01M | -5.90% | |
TCPC BlackRock TCP Capital · 10 shared | $97.92M | $99.38M | -$1.45M | -1.48% | |
GSBD Goldman Sachs BDC · 10 shared | $245.51M | $246.98M | -$1.47M | -0.60% | |
FSK FS KKR Capital · 16 shared | $1.04B | $1.06B | -$11.15M | -1.07% | |
ARCC Ares Capital · 56 shared | $2.27B | $2.29B | -$17.52M | -0.77% | |
BCRED Blackstone Private Credit Fund · 311 shared | $56.93B | $56.96B | -$24.75M | -0.04% |
Per-issuer price dispersion (ordered by max–min peer spread)
850 shared positions · click a row to see each BDC's mark
Issuer
# BDCs
Min
Max
Spread
Total FV