Owl Rock Core Income Corp., a non-traded business development company, has declared a special distribution to stockholders and declared a net asset value per share for its three classes of common stock as of Aug. 31, 2021.
The special distribution, in the amount of $0.008555 per share, will be paid on or before Oct. 31 to shareholders of record as of Sept. 30, 2022.
As of Aug. 31, 2021, Class S shares were valued at $9.09, Class I shares were valued at $9.11, and Class D shares at $9.09. As of July 31, 2022, Class S shares were valued at $9.02, Class I shares were valued at $9.06, and Class D shares at $9.04. The offering price per share, which equals the NAV per share plus maximum upfront sales load, for August is $9.41 per Class S share, $9.23 per Class D share, and $9.11 per Class I share.
As of Aug. 31, 2022, the company had debt investments in 195 portfolio companies with an aggregate par value of $9.4 billion. Their portfolio consisted of 81.7% first lien debt investments, 10.6% second lien debt investments, 2.1% unsecured debt investments, 4.2% preferred equity investments and 1.4% common equity investments.
As of Aug. 31, 2022, 98.8% of the debt investments based on par value in their portfolio were at floating rates.
August investments were concentrated in the healthcare providers and services industry (13.9%), internet software and services (12.6%), insurance industry (8.6%), and food and beverage industry (7.0%).
The previous month, investments were concentrated in the healthcare providers and services industry (13.7%), internet software and services (11.5%), food and beverage industry (7.5%) and insurance industry (7.4%).
Owl Rock Core Income Corp. focuses primarily on originating and making loans to U.S. middle market companies. The initial offering was declared effective by the Securities and Exchange Commission in late December 2020 and had $56 billion of assets under management as of June 30, 2022.