Fund Library

Every evergreen fund an advisor has to evaluate, on one comparable record

Interval funds, tender-offer funds, non-traded BDCs, and non-traded REITs registered with the SEC. Fees, liquidity terms, repurchase history, valuation practice, and structure, extracted from the funds' own filings and benchmarked against their category. Every field shows the filing it came from and the date.

Universe benchmarksfollows your filters293 funds

Funds tracked

293

7 categories represented

Median cost of ownership

2.00%

0.00% to 20.81% a year, before performance

Median repurchase

of shares outstanding, per offer

Median return, latest year

+8.5%

-28.8% to 43.3% across 286 funds

Hold3 yrs

HPS Corporate Lending Fund

Private credit · Non-traded BDC · $12.4B · 1099

+9.1%

2026-03-20

1.58%

expenses 1.58 (9.09 minus 6.16 interest minus 1.36 incentive) (28th pctile) · no load inside

5%quarterly

AMG Pantheon Master Fund, LLC

Tender-offer fund · $6.6B · K-1

+9.3%

2026-06-09

1.18%

expenses 1.18 (1.41 minus 0.23 interest) · no load inside

5%quarterly (expected, at Board discretion)

Ares Private Markets Fund

Tender-offer fund · $4.1B · 1099

+9.6%

2026-06-04

2.19%

expenses 2.19 (4.99 minus 1.20 interest minus 1.60 incentive) · no load inside

5%quarterly

Blue Owl Technology Income Corp.

Private credit · Non-traded BDC · $3.6B · 1099

+9.0%

2026-03-03

1.66%

expenses 1.66 (8.50 minus 5.56 interest minus 1.24 incentive) (30th pctile) · no load inside

5%quarterly

Nuveen Global Cities REIT, Inc.

Non-traded REIT · Non-traded REIT · $2.3B · 1099

+2.8%

2026-03-20

1.65%

expenses 1.65 (20th pctile) · no load inside

2%monthly

Apollo Realty Income Solutions, Inc.

Non-traded REIT · Non-traded REIT · $1.7B

+6.9%

2026-03-10

1.54%

expenses 1.54 (15th pctile) · load inside not known, so the hold does not move this figure

2%monthly

Diameter Credit Co

Private credit · Non-traded BDC · $1.5B · 1099

+12.1%

2026-03-12

2.23%

expenses 2.23 (9.53 minus 7.30 interest) (58th pctile) · no load inside

KKR Real Estate Select Trust Inc.

Real estate · Tender-offer fund · $1.5B · 1099

+0.7%

2026-08-27

1.76%

expenses 1.76 (2.40 minus 0.14 interest minus 0.50 incentive) (1th pctile) · no load inside

5%Quarterly tender offers

Clarion Partners Real Estate Income Fund Inc.

Real estate · Tender-offer fund · $1.5B · 1099

+2.8%

2026-06-30

1.75%

expenses 1.75 (2.95 minus 0.19 interest) (60th pctile) · load inside not known, so the hold does not move this figure

5%quarterly

FORTRESS CREDIT REALTY INCOME TRUST

Non-traded REIT · Non-traded REIT · $1.4B

+7.8%

2026-03-24

2.81%

expenses 2.81 (66th pctile) · no load inside

5%quarterly

HPS Corporate Capital Solutions Fund

Private credit · Non-traded BDC · $1.3B

+12.4%

2026-03-24

2.10%

expenses 2.10 (8.40 minus 4.28 interest minus 1.85 incentive) (54th pctile) · no load inside

5%quarterly

Fidelity Private Credit Fund

Private credit · Non-traded BDC · $1.3B · 1099

+7.4%

2026-03-23

2.02%

expenses 2.02 (9.06 minus 5.74 interest minus 1.30 incentive) (49th pctile) · no load inside

5%quarterly

Golub Capital BDC 4, Inc.

Private credit · Non-traded BDC · $1.2B

+11.9%

2025-11-21

1.55%

expenses 1.55 (10.64 minus 7.82 interest minus 1.26 incentive) (26th pctile) · no load inside

Cottonwood Communities, Inc.

Non-traded REIT · Non-traded REIT · $1.1B

−5.4%

2026-03-30

3.30%

expenses 3.30 (76th pctile) · no load inside

2%monthly

Invesco Commercial Real Estate Finance Trust, Inc.

Non-traded REIT · Non-traded REIT · $1.1B

+7.3%

2026-03-26

2.99%

expenses 2.99 (71th pctile) · no load inside

2%monthly

VISTA CREDIT STRATEGIC LENDING CORP.

Private credit · Non-traded BDC · $923M

+10.0%

2026-03-11

2.04%

expenses 2.04 (8.40 minus 5.26 interest minus 1.10 incentive) (51th pctile) · no load inside

5%quarterly

New Mountain Net Lease Trust

Non-traded REIT · Non-traded REIT · $815M

+8.2%

2026-03-31

1.65%

expenses 1.65 (20th pctile) · load inside not known, so the hold does not move this figure

Lord Abbett Private Credit Fund

Private credit · Non-traded BDC · $732M

+11.2%

2026-03-20

1.70%

expenses 1.70 (12.20 minus 8.87 interest minus 1.67 incentive) (33th pctile) · load inside not known, so the hold does not move this figure

5%quarterly

CCS IX Portfolio Holdings, LLC

Private credit · Non-traded BDC · $690M

+2.9%

2026-06-30

0.87%

expenses 0.87 (4.14 minus 2.68 interest) (6th pctile) · no load inside

HarbourVest Private Investments Fund

Tender-offer fund · $675M · 1099

+3.5%

2026-06-08

2.01%

expenses 2.01 (3.05 minus 0.16 interest minus 0.76 incentive) · load inside not known, so the hold does not move this figure

5%quarterly, at the sole discretion of the Board

Goldman Sachs Real Estate Finance Trust Inc

Non-traded REIT · Non-traded REIT · $582M

+8.7%

2026-02-25

2.27%

expenses 2.27 (16.81 minus 13.67 interest minus 0.87 incentive) (44th pctile) · no load inside

5%quarterly

Phillip Street BDC LLC

Private credit · Non-traded BDC · $560M

+9.3%

2026-03-03

1.33%

expenses 1.33 (7.12 minus 5.05 interest minus 0.74 incentive) (17th pctile) · no load inside

TCW Direct Lending VIII LLC

Private credit · Non-traded BDC · $502M

+11.2%

2026-03-26

2.35%

expenses 2.35 (9.30 minus 4.85 interest minus 2.10 incentive) (62th pctile) · no load inside

Brightwood Capital Corp I

Private credit · Non-traded BDC · $417M

+11.7%

2026-03-30

2.59%

expenses 2.59 (10.10 minus 7.51 interest) (70th pctile) · no load inside

TPG Private Markets Fund

Tender-offer fund · $415M · K-1

+28.7%

2026-06-09

0.63%

expenses 0.63 · no load inside

5%quarterly (recommended by the Adviser, subject to Board discretion)

Lafayette Square USA, Inc.

Private credit · Non-traded BDC · $411M · 1099

+9.8%

2026-03-25

3.60%

expenses 3.60 (13.10 minus 7.79 interest minus 1.67 incentive) (90th pctile) · no load inside

Golub Capital Direct Lending Unlevered Corp

Private credit · Non-traded BDC · $402M

+8.6%

2025-11-26

1.34%

expenses 1.34 (2.13 minus 0.92 incentive) (18th pctile) · no load inside

Kayne DL 2021, Inc.

Private credit · Non-traded BDC · $349M · 1099

+9.3%

2026-03-02

1.06%

expenses 1.06 (1.11 minus 0.05 interest) (10th pctile) · no load inside

EQT Exeter Real Estate Income Trust, Inc.

Non-traded REIT · Non-traded REIT · $318M

+7.5%

2026-03-20

1.97%

expenses 1.97 (29th pctile) · load inside not known, so the hold does not move this figure

2%monthly

Invesco Senior Loan Fund

Private credit · Tender-offer fund · $316M · 1099

+5.1%

2026-05-07

1.54%

expenses 1.54 (2.53 minus 0.99 interest) (25th pctile) · no load inside

6%Monthly

Partners Group Lending Fund, LLC

Private credit · Non-traded BDC · $316M

+6.6%

2026-03-26

1.69%

expenses 1.69 (11.40 minus 6.81 interest minus 0.73 incentive) (33th pctile) · no load inside

5%quarterly (intended; at Board discretion, to commence no later than one year after the December 2025 BDC election)

First Eagle Private Credit Fund

Private credit · Non-traded BDC · $296M · 1099

+10.9%

2026-03-16

2.30%

expenses 2.30 (10.42 minus 7.01 interest minus 1.11 incentive) (60th pctile) · no load inside

5%quarterly tender offers

5C Lending Partners Corp.

Private credit · Non-traded BDC · $293M

+3.1%

2026-03-05

4.05%

expenses 4.05 (14.75 minus 8.22 interest minus 0.96 incentive) (94th pctile) · no load inside

Starwood Credit Real Estate Income Trust

Non-traded REIT · Non-traded REIT · $292M

+10.8%

2026-03-23

2.64%

expenses 2.64 (54th pctile) · no load inside

5%quarterly

Nuveen Preferred Securities & Income Opportunities Fund

Private credit · Tender-offer fund · $283M · 1099

+10.3%

2025-10-03

1.05%

fee on gross assets, 0.4x levered

expenses 1.05 (4.12 minus 3.07 interest) (9th pctile) · no load inside

TCW Steel City Senior Lending BDC

Private credit · Non-traded BDC · $280M · 1099

+0.6%

2026-03-26

1.72%

expenses 1.72 (8.96 minus 5.84 interest minus 1.22 incentive) (35th pctile) · no load inside

5%Quarterly tender offers intended, but the program has not commenced; the Advisor anticipates recommending commencement i

John Hancock Marathon Asset-Based Lending Fund

Private credit · Tender-offer fund · $265M · 1099

+7.9%

2025-10-31

2.47%

expenses 2.47 (5.06 minus 1.07 interest minus 1.10 incentive) (66th pctile) · load inside not known, so the hold does not move this figure

5%quarterly (March, June, September, December) under Rule 23c-3 effective 4-24-26

LGAM Private Credit LLC

Private credit · Non-traded BDC · $221M

+7.1%

2026-03-04

1.79%

expenses 1.79 (9.10 minus 6.19 interest minus 1.10 incentive) (39th pctile) · no load inside

5%quarterly

Cohen & Steers Income Opportunities REIT, Inc.

Non-traded REIT · Non-traded REIT · $219M

+8.9%

2026-03-17

1.56%

expenses 1.56 (17th pctile) · load inside not known, so the hold does not move this figure

2%monthly

Remora Capital Corp

Private credit · Non-traded BDC · $204M

+1.9%

2026-03-30

3.24%

expenses 3.24 (5.07 minus 2.16 interest) (86th pctile) · load inside not known, so the hold does not move this figure

Lord Abbett Private Credit Fund S

Private credit · Non-traded BDC · $201M

+10.4%

2026-03-20

2.60%

expenses 2.60 (11.30 minus 7.41 interest minus 1.28 incentive) (71th pctile) · load inside not known, so the hold does not move this figure

5%quarterly (at the discretion of the Board; no obligation in any quarter)

A&Q Technology Fund LLC

Tender-offer fund · $146M

+19.7%

2026-08-28

2.17%

expenses 1.50 (1.60 minus 0.04 interest minus 0.06 incentive) · load 2 inside, over 3 yrs = 0.67

Onex Direct Lending BDC Fund

Private credit · Non-traded BDC · $146M · 1099

−2.2%

2026-03-06

2.89%

expenses 2.89 (10.24 minus 7.35 interest) (81th pctile) · no load inside

5%quarterly

IPC Alternative Real Estate Income Trust, Inc.

Non-traded REIT · Non-traded REIT · $140M

−0.3%

2026-03-18

3.50%

expenses 3.50 (80th pctile) · no load inside

2%Monthly (share repurchase plan, limited to 2% of NAV per month and 5% per quarter)

Lightstone Value Plus REIT III, Inc.

Non-traded REIT · Non-traded REIT · $130M

−2.6%

2026-03-30

2.21%

expenses 2.21 (2.21 minus 3.56 interest) (39th pctile) · load inside not known, so the hold does not move this figure

0.5%quarterly (death and qualifying hardship requests only)

SCP Private Credit Income BDC LLC

Private credit · Non-traded BDC · $127M · 1099

+5.2%

2026-02-24

2.40%

expenses 2.40 (5.18 minus 2.85 interest) (64th pctile) · load inside not known, so the hold does not move this figure

ABRDN JAPAN EQUITY FUND, INC.Reporting overdue

Tender-offer fund · $102M · 1099

+24.1%

2025-07-07

1.01%

expenses 1.01 (1.10 minus 0.09 interest) · no load inside

10%Open market discount management program at adviser discretion; no periodic tender obligation

Third Point Private Capital Partners

Private credit · Non-traded BDC · $67M

+3.5%

2026-03-31

1.25%

expenses 1.25 (9.20 minus 5.90 interest minus 2.10 incentive) (14th pctile) · load inside not known, so the hold does not move this figure

5%Quarterly tender offers intended to begin no later than the second anniversary of the Commencement Date, at the Board's

Eagle Point Trinity Senior Secured Lending Co

Private credit · Non-traded BDC · $63M

+4.0%

2026-03-31

10.65%

expenses 8.40 (20.80 minus 8.50 interest minus 3.24 incentive) (99th pctile) · load 6.75 inside, over 3 yrs = 2.25

5%quarterly

SLR HC BDC LLC

Private credit · Non-traded BDC · $57M · 1099

+8.4%

2026-02-24

3.28%

expenses 3.28 (9.44 minus 5.66 interest minus 0.49 incentive) (88th pctile) · no load inside

annual expensesfront-end load inside the figure, spread over the holdDrag = the fixed costs of ownership: net expenses excluding interest on borrowings and incentive fees accrued, plus the front-end load inside the figure spread over the hold. Interest is matched by the assets leverage funds; incentive fees vary with returns. Both are shown per fund. Returns as reported in each fund's latest filing; as-of dates differ by fiscal year.The hold control only changes a figure where a front-end load is inside it. 7 funds carry a load, 194 carry none, and for 91 the record does not say which class's load the figure contains. Those 285 figures read the same at every holding period.

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Data from public SEC filings. Argus is not a broker-dealer. Nothing here is an offer or investment advice. Figures are as of the filing they were taken from, with the date shown. "Not stated in filings" is a fact about a document, never a verdict about a fund. Funds are not rated or ranked by quality on this page.