Investor Presentaiton
Overview of FBLC:
Portfolio Metrics
SECTION 1 - FBLC SUMMARY RESULTS (PORTFOLIO METRICS)
Source: US Bank. Summations may not total to 100% due to rounding.
FBLC
AS OF DATE
30-Jun-23
COMPARISON DATE
31-Mar-23
FBLC is effectively 89.3%
senior secured first lien
per note (1) below
WEIGHTED AVERAGE YIELD
WEIGHTED AVERAGE YIELD
30-Jun-23
First Lien
11.9%
First Lien
Second Lien
13.7%
Senior Secured - Subtotal
12.1%
Subordinated
127%
Second Lien
Senior Secured - Subtotal
Subordinated
CLO-Debt
15.2%
Other Debt Subtotal
13.0%
CLO-Debt
Other Debt-Subtotal
Debt Grand Total
12:3%
CLO Equity/Fund Investments/Other Equity
13.3%
Debt Grand Total
CLO Equity/Fond Investments/Other Equity
Joint Venture
9.0%
Joint Venture
Portfolia -Total
11.9%
Partlatio- Total
SECURITY TYPE
SECURITY TYPE
31-Mar-23
11.6 %
13.644
11.8%
12.596
14.5%
12.8%
11.8%
12 86
9.0%
11.6%
First Lien
69.9%
First Lien
70.2%
Second Lien
6.9%
Second Lien
6.9%
Senior Secured-Subtotal
76.7%
Senior Secured - Subtotal
77.1%
Subordinated
4.7%
Subordinated.
4.2%
Collateralized Securities
0.9%
Collateralized Securities
1.0%
Equity/Other
7.1%
Equity/Other
7.2%
Joint Venture
10.5%
Joint Venture
10.5%
Partfalia Total
100.0%
Partfalia Total
100.0%
FIXED VS FLOATING
Foxed
Floating
Portfolio - Total
VALUATION LEVEL SUMMARY
Lovel-1
Level-1
Level-Ill
Other
Portfolio Total
FIXED VS FLOATING
8.1%
Fird
93.9%
Floating
100.0%
Portfolio - Total
0.0%
2.4%
97.2%
0.4%
100.0%
VALUATION LEVEL SUMMARY
Level-1
Level-11
Level Ill
Ottier
Portfolio Total
Source: SEC filings as of 08/11/2023.
PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. ANY INVESTMENT INVOLVES SIGNIFICANT RISK, INCLUDING LOSS OF THE ENTIRE INVESTMENT.
Note: Weighted average yield is based on fair value and includes annual contractual interest rate and amortization of discounts and fees.
(1) As of June 30, 2023, if the underlying investments of FBLCSenior Loan Fund were held by us and we were to treat the investments in Siena and Post Road as senior
secured first lien investments, given the underlying businesses of those portfolio companies, then our portfolio composition as of June 30, 2023 would be 89.3% senior
secured first lien.
5.8%
94.2%
100.0%
0.0%
1.2%
99.5%
0.3%
100.0%
FRANKLIN BSP
LENDING CORP
BENEFIT STREET
18
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