Every Urgent and Notify finding from the trailing 365 days across every
monitored fund, watchlist and universe, ranked by severity then recency.
Showing 8 of 179
— Urgent · Private Real Estate.
The fund is at or near its allowed leverage limit (99% of permitted leverage in use as of 2026-03-31) (GAAP-equity approximation of a cost-basis charter test; the fund's own NASAA calculation may show compliance).
Why it matters
The fund is essentially at or beyond its permitted leverage. This can force asset sales at bad prices or halt distributions/repurchases; for a BDC it is a statutory line, not a preference.
Source: derived: (ceiling 300.0% of net assets - leverage 296.2%, denominator = charter net assets (total assets - total liabilities) 4,064,215,000) / ceiling * 100
The fund is at or near its allowed leverage limit (101% of permitted leverage in use as of 2025-12-31) (GAAP-equity approximation of a cost-basis charter test; the fund's own NASAA calculation may show compliance).
Why it matters
The fund is essentially at or beyond its permitted leverage. This can force asset sales at bad prices or halt distributions/repurchases; for a BDC it is a statutory line, not a preference.
Source: derived: (ceiling 300.0% of net assets - leverage 275.2%, denominator = charter net assets (total assets - total liabilities) 4,367,591,000) / ceiling * 100