Fri, May 9, 6:41 PM (3 days ago)
### AGL Private Credit Income Fund (Ticker: N/A) **Quarterly Financial Health and Performance (Q1 2025):** **Revenue and Profit Margins:** - **Total Investment Income:** $13,533,000, driven by interest income. - **Net Investment Income:** $5,373,000 after expenses. - **Net Increase in Net Assets:** $4,988,000 from operations. - **Net Realized Gain:** $957,000 on investment transactions. - **Net Unrealized Depreciation:** $(1,342,000) on investments. **Cash Flow:** - **Net Cash Provided by Operating Activities:** $(114,665,000), impacted by investment purchases and sales. - **Net Cash Provided by Financing Activities:** $111,547,000, including debt borrowings and share issuances. **Earnings Changes:** - **Basic and Diluted Earnings per Share:** $0.56. - **Basic and Diluted Net Investment Income per Share:** $0.61. **Quarterly Performance Discussion:** - **Investment Portfolio:** Fair value of $594,186,000, with a focus on senior secured first lien loans. - **Industry Composition:** Diversified across sectors like Aerospace, Healthcare, Software, and Insurance. - **Geographic Focus:** Primarily U.S.-based investments. **Trends and Uncertainties:** - **Market Risks:** Exposure to interest rate fluctuations and economic conditions. - **Valuation Risk:** Significant portion of investments valued using unobservable inputs. - **Liquidity:** Dependence on continuous equity offerings and debt facilities. **Future Operations Impact:** - **Debt Facilities:** Outstanding debt of $456,000,000 under various facilities. - **Share Repurchase Program:** Potential future repurchases based on NAV. - **Distribution Policy:** Quarterly distributions declared, with a DRIP option. **Financial Metrics:** - **Net Asset Value per Share:** $25.07. - **Total Net Assets:** $269,468,000. - **Asset Coverage Ratio:** 159.1%. **Conclusion:** AGL Private Credit Income Fund reported a stable quarter with a focus on generating investment income and managing risks. The fund's performance was influenced by market conditions and strategic investment decisions. Future operations will continue to emphasize liquidity management and portfolio diversification.