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Investcorp Credit Management BDC (ICMB)

BDC - Debt Focused BDC

Data as of April 23, 2024
Market Price $3.25 (- $0.01)
NAV (Dec. 31, 2023) $5.48 ( $0.00)
Fund Listed NASDAQ
Premium / Discount -40.69% (-0.18%)
Fund Info
Inception Feb. 6, 2014
Sponsor Investcorp Credit Management
Website http://icmbdc.com/
Phone (212) 257-5199
Location New York
Incorporated Maryland
Staggered Board Yes
Term Date N/A
Objective: Total return in the form of current income and capital appreciation through debt and related equity investments of U.S. middle-market companies.
Related Indexes
High Income Index
Discount CEF/BDC Index
Capital & Leverage
Outstanding Shares 14,397,121
Total Assets (Reported: Dec. 31, 2023) $224M
Estimated Total Assets $198M
Net Assets $79M
Market Cap $47M
Portfolio Turnover 32.00%
Debt-to-Equity 1.7123
Total Leverage 60.18%
Structural Leverage (out of total) 100.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 22.42%
Non Lev Exp Ratio 11.01%
Gross Asset Expense Ratio 8.32%
Gross Asset Non Lev Exp Ratio 4.09%
Rel Lev Cost 7.04%
Discount Data
Average Discount (3 Yr) -32.52%
Discount Low(3 Yr) -47.15%
Discount High(3 Yr) -7.23%
Discount Rel Range (3 Yr) 16.16%
Comp Discount -40.37
Discount St Dev (1Yr) 3.61
Z-Stat (6mo) -0.54
Z-Stat (1Yr) -0.72
Z-Stat (3Yr) -0.94
Comp Z-Stat (6mo) -1.49
Comp Z-Stat (3Yr) -1.53
Distribution Data
Market Yield 14.77%
Income Yield 14.77%
Lev Adj NAV Yield 5.47%
Av Yield on Debt Investments 11.46
Distribution Frequency Q
Current Distribution $0.120
Current Income $0.120
Ex-Date 3/14/24
Payable Date 4/5/24
Div Growth (3yr) -20.00%
Dividend Change -7.7% on 9/14/23
Expected Div 5/7/24
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) $99
Avg Volume 30 day 22,002
Avg Volume 90 day 30,423
Volume Trend -27.68%
Comp Volume Trend -13.44%
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): BBDC 58.0%
Price St Dev (1Yr) 35.6%
NAV St Dev (1Yr) 7.4%
Earnings / Share (12/31/23) $0.109
Adj Core NII Coverage 91.23%
1 Yr Avg NII Coverage 112.19%
1 Yr Avg Adj Core NII Coverage 112.19%
NII Trend -32.47%
Adj Core NII Trend -32.47%
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 % 1.19%
% Loans with Libor Floor 82%


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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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