First Trust Private Credit Fund (FTPCX)
| Fund Assets | 2.02M |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 1.07 |
| Dividend Yield | 10.56% |
| Dividend Growth | -1.50% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 1, 2025 |
| Previous Close | 10.11 |
| YTD Return | -0.15% |
| 1-Year Return | 1.82% |
| 5-Year Return | n/a |
| 52-Week Low | 10.00 |
| 52-Week High | 10.41 |
| Beta (5Y) | 0.09 |
| Holdings | n/a |
| Inception Date | n/a |
About FTPCX
The First Trust Private Credit Fund is a closed-end interval fund designed to provide broad access to the private credit market for a wide range of investors. Its primary objective is to generate current income by allocating capital across various private credit strategies, such as direct co-investments, privately negotiated loans, asset-based lending, and structured debt securitizations. The fund emphasizes senior-secured credit investments that are high in the capital structure, aiming to preserve capital and manage risk by selecting exposures with conservative loan-to-values. A notable feature is its focus on floating-rate instruments, which helps to minimize interest rate duration risk and potentially reduce volatility relative to traditional fixed income investments. The fund targets a 10% annualized distribution rate, paid monthly, supported by investment income from its diversified portfolio. By offering lower minimums and no accreditation requirements, the fund enhances accessibility to private credit—an asset class typically limited to institutional or accredited investors. Overall, the First Trust Private Credit Fund plays a key role in diversifying portfolios and expanding income opportunities beyond public markets, while offering features aimed at capital preservation and risk management.
Performance
FTPCX had a total return of 1.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.83%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 1, 2025 | $0.08475 | Oct 1, 2025 |
| Sep 3, 2025 | $0.08508 | Sep 3, 2025 |
| Aug 6, 2025 | $0.08517 | Aug 6, 2025 |
| Jul 2, 2025 | $0.08483 | Jul 2, 2025 |
| Jun 4, 2025 | $0.0845 | Jun 4, 2025 |
| May 7, 2025 | $0.08425 | May 7, 2025 |