MPIDX

About MPIDX

The Manulife Private Credit Plus Fund is a continuously offered, non-diversified, closed-end management investment company structured as a fund of funds. Its primary objective is to generate income, with a secondary focus on capital appreciation. The fund invests at least 80% of its net assets in private credit investments, including senior loans, asset-based lending, and other credit instruments. Its strategy can be implemented both through direct investments and by allocating assets to affiliated and unaffiliated underlying funds such as closed-end investment companies, business development companies, private funds, and exchange-traded funds. Typically, the fund allocates 50% to 70% of assets to senior loans, 20% to 40% to asset-based and other credit investments, and up to 20% to liquid investments like publicly traded bonds and money market instruments. It is designed to provide exposure to the private credit market, a sector increasingly sought by institutional and accredited investors for diversification and yield opportunities outside traditional public debt markets. The fund features periodic share repurchase offers to provide limited liquidity, aligning with its role as an alternative income solution in investor portfolios.