Apollo Debt Solutions BDC
06/22/2026 | Press release | Distributed by Public on 06/22/2026 14:57
Regulation FD Disclosure (Form 8-K)
| Item 7.01. |
Regulation FD Disclosures |
June 2026 Distributions
On June 22, 2026, the Fund declared distributions for each class of its common shares of beneficial interest (the "Shares") in the amount per share set forth below:
|
Gross Distribution |
Shareholder Servicing and/or Distribution Fee |
Net Distribution | ||||||||||
|
Class I Common Shares |
$ | 0.1800 | $ | 0.0000 | $ | 0.1800 | ||||||
|
Class S Common Shares |
$ | 0.1800 | $ | 0.0167 | $ | 0.1633 | ||||||
|
Class D Common Shares |
$ | 0.1800 | $ | 0.0049 | $ | 0.1751 | ||||||
The distributions for each class of Shares are payable to shareholders of record as of the open of business on June 30, 2026 and will be paid on or around July 29, 2026. These distributions will be paid in cash or reinvested in shares of the Fund for shareholders participating in the Fund's distribution reinvestment plan.
Portfolio and Business Commentary
(All figures as of May 31, 2026, unless otherwise noted)
For the month ended May 31, 2026, the Fund's net asset value ("NAV") per share was $23.87, compared to $23.92 as of April 30, 2026. The Fund's 1-month, 3-month, year-to-date, 1-year, 3-year and annualized inception-to-date returns through May 31, 2026 for Class I Common Shares were 0.57%, 1.15%, 1.54%, 6.20%, 9.80% and 8.13%, respectively (inception date was January 7, 2022).1 As of June 22, 2026, the Fund's annualized distribution rate for Class I Common Shares, including the distribution declared on June 22, 2026, was 9.05%.2
As of May 31, 2026, our portfolio was approximately $25.9 billion based on fair market value across 405 portfolio companies and 57 industries. Our portfolio consisted of approximately 99% first lien debt investments and approximately 96% floating rate debt investments based on fair market value. The weighted average earnings before interest, taxes, depreciation and amortization ("EBITDA") of our directly originated debt investments was $307 million,3 and our portfolio's overall weighted-average net loan-to-value, weighted average yield at amortized cost, weighted-average net leverage and interest coverage were 41%, 8.43%,4 4.9x, and 2.6x, respectively.5
As of May 31, 2026, the Fund's net leverage ratio was 0.77x,6 and we had approximately $4.3 billion of excess availability under our secured funding facilities.7
| 1. |
Past performance is not indicative of future results. Total returns for periods greater than one year are annualized. For Class S common shares of beneficial interest ("Class S Common Shares"), excluding maximum upfront placement fees, ADS generated returns of 0.50%, 0.93%, 1.19%, 5.30%, 8.88%, and 7.21% for the 1-month, 3-month, year-to-date, 1-year, 3-year and annualized inception-to-date periods through May 31, 2026 (inception date is February 1, 2022), respectively. For Class S Common Shares, including maximum upfront placement fees, ADS generated returns of -3.00%, -2.61%, -2.34%, 1.64%, 7.62%, and 6.33% for the 1-month, 3-month, year-to-date, 1-year, 3-year, and annualized inception-to-date periods through May 31, 2026 (inception date is February 1, 2022), respectively. For Class D common shares of beneficial interest ("Class D Common Shares"), excluding maximum upfront placement fees, ADS generated returns of 0.55%, 1.09%, 1.44%, 5.93%, 9.53%, and 10.47% for the 1-month, 3-month, year-to-date, 1-year, 3-year and annualized inception-to-date periods through May 31, 2026 (inception date is July 1, 2022), respectively. For Class D Common Shares, including maximum upfront placement fees, ADS generated returns of -0.95%, -0.43%, -0.08%, 4.36%, 8.99%, and 10.06% for the 1-month, 3-month, year-to-date, 1-year, 3-year, and annualized inception-to-date periods through May 31, 2026 (inception date is July 1, 2022), respectively. Class S Common Shares and Class D Common Shares listed as including the upfront maximum placement fees reflect the returns after the maximum upfront placement fees. No upfront sales load will be paid to the Fund with respect to Class S Common Shares, Class D Common Shares or Class I Common Shares, however, if a shareholder buys Class S Common Shares or Class D Common Shares through certain financial intermediaries, they may directly charge transaction or other fees to shareholders, including upfront placement fees or brokerage commissions, in such amounts as they may determine, provided that selling agents limit such charges to a 1.5% cap on NAV for Class D Common Shares and a 3.5% cap on NAV for Class S Common Shares. Class I Common Shares do not have upfront placement fees. |
| 2. |
The annualized distribution rate is as of June 22, 2026, and is calculated by multiplying the sum of the month's stated base distribution per share by twelve and dividing the result by the prior month's NAV per share. The annualized distribution rate, including the distribution declared on June 22, 2026, was 8.21% for Class S Common Shares and 8.80% for Class D Common Shares. |
| 3. |
Based on latest information tracked on our portfolio companies and excludes certain portfolio companies for which these metrics are not meaningful (for instance, portfolio companies with negative EBITDA). |
| 4. |
Excludes investments on non-accrual status. |
| 5. |
Based on latest information tracked on our portfolio companies and excludes certain portfolio companies for which these metrics are not meaningful (for instance, portfolio companies with negative EBITDA). Net loan-to-value is net debt through the respective loan tranche in which the Fund has invested divided by the estimated enterprise value of the portfolio company. |
| 6. |
The Fund's net leverage ratio is defined as debt outstanding plus payable for investments purchased, less receivable for investments sold, less cash and cash equivalents, less foreign currencies, divided by net assets. |
| 7. |
Includes borrowing base availability under secured financing facilities, cash and net receivables from investments. |
Apollo Debt Solutions BDC published this content on June 22, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on June 22, 2026 at 20:57 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]