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Bain Capital Specialty Finance (BCSF)

BDC - Debt Focused BDC

Data as of May 17, 2024
Market Price $16.43 (+ $0.12)
NAV (March 31, 2024) $17.70 ( $0.00)
Fund Listed NYSE
Premium / Discount -7.18% (+0.68%)
Fund Info
Inception Nov. 15, 2018
Sponsor BCSF Advisors, LP
Website https://www.baincapita...
Location Massachusetts
Incorporated Delaware
Staggered Board Yes
Term Date N/A
Objective: Generate current income and, to a lesser extent, capital appreciation through direct originations of secured debt
Related Indexes
Debt-Focused Business Development Company (BDC) Index
60/40 Balanced (w/ BDCs) Index
Capital & Leverage
Outstanding Shares 64,562,265
Total Assets (Reported: March 31, 2024) $2,580M
Estimated Total Assets $2,412M
Net Assets $1,143M
Market Cap $1,061M
Portfolio Turnover 50.24%
Debt-to-Equity 1.1883
Total Leverage 52.62%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 14.23%
Non Lev Exp Ratio 7.90%
Gross Asset Expense Ratio 6.29%
Gross Asset Non Lev Exp Ratio 3.49%
Rel Lev Cost 5.32%
Discount Data
Average Discount (3 Yr) -15.24%
Discount Low(3 Yr) -35.87%
Discount High(3 Yr) -3.36%
Discount Rel Range (3 Yr) 88.25%
Comp Discount -7.46
Discount St Dev (1Yr) 5.22
Z-Stat (6mo) 1.70
Z-Stat (1Yr) 1.26
Z-Stat (3Yr) 1.04
Comp Z-Stat (6mo) 0.77
Comp Z-Stat (3Yr) 0.35
Distribution Data
Market Yield 10.23%
Income Yield 10.23%
Lev Adj NAV Yield 6.22%
Av Yield on Debt Investments 12.90
Distribution Frequency Q
Current Distribution $0.420
Current Income $0.420
Ex-Date 6/28/24
Payable Date 7/29/24
Div Growth (3yr) 23.53%
Dividend Change 10.5% on 8/8/23
Expected Div 8/7/24
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Tax Dividend Data 2022 2020 - 2022
Income 100% 100%
ST Gains 0% 0%
QDI 0% 0%
LT Gains 0% 0%
RoC 0% 0%
Volume & Liquidity
Average Daily $ (K) $5,145
Avg Volume 30 day 337,795
Avg Volume 90 day 313,166
Volume Trend 7.86%
Comp Volume Trend 13.04%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's BDC Index
Most Correlated Peer (Mk Pr): MFIC 68.0%
Price St Dev (1Yr) 16.7%
NAV St Dev (1Yr) 1.0%
Earnings / Share (3/31/24) $0.526
Adj Core NII Coverage 125.20%
1 Yr Avg NII Coverage 132.22%
1 Yr Avg Adj Core NII Coverage 132.22%
NII Trend -7.66%
Adj Core NII Trend -7.66%
Price Beta (2yr)
vs. S&P 500 (TR)
Price Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Beta (2yr)
vs. CEFA's Debt-Focused Business Development Company (BDC) Index
Portfolio Data
Avg Libor Floor % 1.05%
% Loans with Libor Floor 86%


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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