FBPAX

About FBPAX

Franklin BSP Private Credit Fund Class A is a closed-end interval fund specializing in the U.S. private credit market. Its primary investment focus is on privately offered, secured and unsecured debt instruments, including direct loans to companies, special situations, real estate debt, and collateralized loan obligations. The fund seeks to deliver consistent current income and attractive risk-adjusted returns for investors by targeting opportunities in private credit investments that are not typically available in public markets. Its portfolio is primarily composed of corporate debt securities concentrated in the U.S. corporate sector, covering various industries and credit qualities. As an interval fund, it provides limited liquidity at specified intervals, giving fund managers flexibility to invest in less liquid assets. Franklin BSP Private Credit Fund Class A plays a significant role in offering individual and institutional investors exposure to the expanding private credit market, which is increasingly important in corporate financing outside of traditional banking channels.