AR Capital BDC Income A
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
11.5%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$15.1 M
Holdings in Top 10
75.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.66%
SALES FEES
Front Load 4.50%
Deferred Load N/A
TRADING FEES
Turnover 166.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BDCAX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 7.89%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAR Capital BDC Income Fund
-
Fund Family NameAR Capital
-
Inception DateMay 02, 2014
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerShiloh Bates
Fund Description
BDCAX - Performance
Return Ranking - Trailing
Period | BDCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 1.7% | 25.0% | N/A |
1 Yr | 11.5% | -24.9% | 4.8% | N/A |
3 Yr | N/A* | -13.2% | 12.7% | N/A |
5 Yr | N/A* | -11.0% | 8.1% | N/A |
10 Yr | N/A* | -4.0% | 12.4% | N/A |
* Annualized
Return Ranking - Calendar
Period | BDCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -31.9% | -5.0% | N/A |
2022 | N/A | -19.9% | 31.7% | N/A |
2021 | N/A | -0.1% | 47.1% | N/A |
2020 | N/A | -20.7% | -2.2% | N/A |
2019 | N/A | -20.4% | 12.9% | N/A |
Total Return Ranking - Trailing
Period | BDCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 1.7% | 25.0% | N/A |
1 Yr | 6.5% | -24.9% | 9.6% | N/A |
3 Yr | N/A* | -3.9% | 12.9% | N/A |
5 Yr | N/A* | -4.2% | 9.4% | N/A |
10 Yr | N/A* | -3.1% | 13.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | BDCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -31.9% | -3.1% | N/A |
2022 | N/A | 1.2% | 32.1% | N/A |
2021 | N/A | 0.1% | 52.1% | N/A |
2020 | N/A | -12.3% | 3.1% | N/A |
2019 | N/A | -19.7% | 13.3% | N/A |
BDCAX - Holdings
Concentration Analysis
BDCAX | Category Low | Category High | BDCAX % Rank | |
---|---|---|---|---|
Net Assets | 15.1 M | 1.54 M | 9.37 B | N/A |
Number of Holdings | 20 | 23 | 591 | N/A |
Net Assets in Top 10 | 13.1 M | 258 K | 1.77 B | N/A |
Weighting of Top 10 | 75.22% | 14.7% | 77.4% | N/A |
Top 10 Holdings
- American Capital Ltd 14.00%
- Fifth Street Senior Floating Rate Corp 8.97%
- NewStar Financial Inc 8.32%
- Fifth Street Finance Corp 7.71%
- Alcentra Capital Corp 7.54%
- Triplepoint Venture Growth Bdc 7.46%
- Garrison Capital Inc 6.31%
- Ares Capital Corp 5.88%
- Hercules Capital Inc 4.93%
- TCP Capital Corp 4.08%
Asset Allocation
Weighting | Return Low | Return High | BDCAX % Rank | |
---|---|---|---|---|
Stocks | 84.58% | 38.36% | 100.14% | N/A |
Other | 7.46% | -0.40% | 2.33% | N/A |
Preferred Stocks | 3.28% | 0.00% | 1.49% | N/A |
Bonds | 3.13% | 0.00% | 57.69% | N/A |
Cash | 1.54% | -3.65% | 36.23% | N/A |
Convertible Bonds | 0.00% | 0.00% | 16.91% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | BDCAX % Rank | |
---|---|---|---|---|
Financial Services | 84.58% | 1.57% | 33.75% | N/A |
Utilities | 0.00% | 0.00% | 11.81% | N/A |
Technology | 0.00% | 1.19% | 29.50% | N/A |
Real Estate | 0.00% | 0.00% | 8.52% | N/A |
Industrials | 0.00% | 4.10% | 21.25% | N/A |
Healthcare | 0.00% | 0.00% | 16.81% | N/A |
Energy | 0.00% | 0.75% | 12.30% | N/A |
Communication Services | 0.00% | 0.00% | 5.59% | N/A |
Consumer Defense | 0.00% | 0.00% | 18.77% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 31.33% | N/A |
Basic Materials | 0.00% | 0.00% | 34.05% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | BDCAX % Rank | |
---|---|---|---|---|
US | 84.58% | 4.64% | 97.44% | N/A |
Non US | 0.00% | 0.00% | 91.34% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | BDCAX % Rank | |
---|---|---|---|---|
Corporate | 6.41% | 0.00% | 22.60% | N/A |
Cash & Equivalents | 1.54% | -3.65% | 36.23% | N/A |
Derivative | 0.00% | -0.04% | 0.18% | N/A |
Securitized | 0.00% | 0.00% | 8.06% | N/A |
Municipal | 0.00% | 0.00% | 0.00% | N/A |
Government | 0.00% | -0.30% | 57.69% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BDCAX % Rank | |
---|---|---|---|---|
US | 3.13% | 0.00% | 57.69% | N/A |
Non US | 0.00% | -15.73% | 1.50% | N/A |
BDCAX - Expenses
Operational Fees
BDCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.66% | 0.26% | 44.68% | N/A |
Management Fee | 0.90% | 0.12% | 1.25% | N/A |
12b-1 Fee | 0.25% | 0.00% | 1.00% | N/A |
Administrative Fee | 0.26% | 0.02% | 0.15% | N/A |
Sales Fees
BDCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.50% | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
BDCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
BDCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 166.00% | 12.00% | 942.00% | N/A |
BDCAX - Distributions
Dividend Yield Analysis
BDCAX | Category Low | Category High | BDCAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.02% | N/A |
Dividend Distribution Analysis
BDCAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Quarterly | Annually |
Net Income Ratio Analysis
BDCAX | Category Low | Category High | BDCAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 7.89% | -2.05% | 1.98% | N/A |
Capital Gain Distribution Analysis
BDCAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 03, 2016 | $0.018 | |
Sep 29, 2016 | $0.154 | |
Jul 01, 2016 | $0.153 | |
Mar 30, 2016 | $0.179 | |
Dec 22, 2015 | $0.173 | |
Oct 01, 2015 | $0.159 | |
Jul 01, 2015 | $0.167 | |
Mar 30, 2015 | $0.164 | |
Jan 13, 2015 | $0.395 | |
Dec 22, 2014 | $0.169 | |
Oct 01, 2014 | $0.140 |
BDCAX - Fund Manager Analysis
Managers
Shiloh Bates
Start Date
Tenure
Tenure Rank
Nov 20, 2015
0.95
1.0%
Shiloh Bates, Managing Director at BDCA Adviser. Mr. Bates has been with BDCA Adviser since April 2012. Prior to joining BDCA Adviser, Mr. Bates was a Senior Credit Analyst at Canaras Capital Management for two years, focusing on leveraged loans and mezzanine CLO structured products. Prior to Canaras, Mr. Bates was a Senior Credit Analyst at Four Corners Capital Management for five years. Before Four Corners, Mr. Bates was employed by ING Capital Advisors for 2 years, performing in-depth financial analysis for distressed investments in telecommunication and technology companies. Mr. Bates holds a BS in Political Science from Virginia Tech, an MA of Public Policy from Harvard University, John F. Kennedy School of Government, an MA of Financial Mathematics from the University of Chicago and a MA of Statistics from Columbia University. Mr. Bates also served in the U.S. Army Reserves Special Operations Command as a Specialist for six years.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.58 | 30.91 | 6.68 | 10.01 |