cliffwater direct lending index

/Lang (EN-US) /P 5612 0 R /P 10 0 R endobj /S /P /Lang (EN-US) /P 10 0 R << /S /P 1886 0 obj >> << << << /Pg 24 0 R /K 213 << /K 1238 >> endobj 4566 0 R] endobj /Pg 23 0 R >> 2474 0 obj /Pg 25 0 R /P 5112 0 R >> << /Lang (EN-US) endobj << /Pg 18 0 R /S /Artifact /K 1020 << endobj /Lang (EN-US) endobj /Pg 25 0 R << >> /Lang (EN-US) /S /P /Lang (EN-US) /K 229 /Lang (EN-US) /Pg 24 0 R 1486 0 obj /S /P /Pg 22 0 R 3455 0 obj /Lang (EN-US) << >> /Pg 24 0 R /P 33 0 R /Lang (EN-US) << /Lang (EN-US) endobj /Lang (EN-US) << 486 0 obj endobj << /Pg 24 0 R /Lang (EN-US) << << /Pg 25 0 R >> << >> << /S /Artifact /P 111 0 R /P 5970 0 R /S /P << 297 0 R 298 0 R 299 0 R 300 0 R 301 0 R 302 0 R 303 0 R 304 0 R 305 0 R 306 0 R << /Lang (EN-US) /S /P /Lang (IT-IT) /Lang (EN-US) /K 1472 141 0 obj endobj /Lang (EN-US) /K 1492 endobj >> /K 1320 /Pg 24 0 R >> >> /Pg 22 0 R /K 73 715 0 obj >> /Pg 25 0 R /S /P >> >> /K 1103 /Lang (EN-US) /P 5726 0 R /Pg 24 0 R endobj << 2611 0 R null null null 2612 0 R null 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/Pg 22 0 R /T () /S /Artifact /Pg 24 0 R /Lang (EN-US) endobj /P 4846 0 R /S /P endobj /S /P endobj 2058 0 obj /S /P /K 100 /Pg 23 0 R /K 1345 /K 19 /S /Artifact /Pg 25 0 R /Pg 22 0 R ** First Eagle Credit Opportunities Fund uses Distribution Yield in place of Yield to Worst. >> 3354 0 obj 2283 0 R 2284 0 R 2285 0 R 2286 0 R 2287 0 R 2288 0 R 2289 0 R 2290 0 R 2291 0 R 2292 0 R endobj /Pg 24 0 R /K 1149 /Lang (EN-US) << endobj /Pg 23 0 R 4241 0 obj endobj endobj >> << << >> /S /Artifact <> /Pg 21 0 R /S /P /K 690 2376 0 obj >> /Lang (EN-US) 317 0 R 318 0 R 319 0 R 320 0 R 321 0 R 322 0 R 323 0 R 324 0 R 325 0 R 326 0 R 1542 0 obj >> /P 6351 0 R >> /S /Artifact /ModDate (D:20220524030506-06'00') /S /P /S /P << << /Pg 22 0 R << 1739 0 obj >> >> 165 0 obj null 3696 0 R 3697 0 R null 3698 0 R null 3699 0 R null 3700 0 R null endobj 836 0 obj /S /P /K 506 /P 10 0 R endobj /Lang (EN-US) endobj null null null 3786 0 R null null null 3787 0 R null 3788 0 R endobj >> 3507 0 obj /Lang (EN-US) >> 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3758 0 R << /S /P /S /P /S /P /K 1373 endobj /K 1439 /S /P /K 1337 /Producer (Adobe PDF Library 22.1.149) null 1705 0 R null null null 1706 0 R null null null 1707 0 R /K 1355 /P 4799 0 R << 667 0 obj << << << << >> << /K 1521 << << /K 1538 endobj 3394 0 R 3395 0 R 3396 0 R 3397 0 R 3398 0 R 3399 0 R 3400 0 R 3401 0 R 3402 0 R 3403 0 R /P 6163 0 R /K 933 /Pg 24 0 R /S /Artifact << >> >> 1691 0 R null 1692 0 R null 1693 0 R null null null 1694 0 R null << /K 944 /K 116 /K 1319 << << >> 882 0 obj /S /P >> << /Pg 20 0 R << /K 1465 >> /P 6746 0 R >> /P 10 0 R /Pg 22 0 R endobj endobj >> >> /Lang (EN-US) << endobj <> /Lang (EN-US) /Lang (EN-US) >> /S /P /P 6187 0 R 3898 0 obj /S /P >> /Pg 23 0 R /S /P 3328 0 obj << >> 2032 0 obj /Pg 25 0 R /K 869 /Lang (EN-US) /P 4953 0 R >> endobj /K 921 /K 84 /S /Artifact /Pg 20 0 R /Pg 25 0 R /Pg 22 0 R endobj endobj 636 0 R null 637 0 R null 638 0 R 639 0 R null 640 0 R null 641 0 R endobj >> >> endobj >> /S /P >> /Lang (EN-US) /K 1459 /K 292 2533 0 obj /S /P endobj /Pg 24 0 R /S /P /S /P /S /P /S /Artifact /S /Artifact 3214 0 obj /K 1029 /K 1507 endobj 3681 0 obj endobj 2197 0 obj endobj endobj /K [4388 0 R 4389 0 R 4390 0 R 4391 0 R 4392 0 R 4393 0 R] 4289 0 obj >> /S /Artifact >> /P 5252 0 R /Pg 22 0 R 1257 0 obj << >> 1063 0 obj 1783 0 obj << /S /Artifact >> endobj /K 1206 endobj /Lang (EN-US) << << 157 0 R 158 0 R 159 0 R 160 0 R 161 0 R 162 0 R 163 0 R 164 0 R 165 0 R 166 0 R /K 34 /Lang (EN-US) 2202 0 obj /Pg 25 0 R 2534 0 obj << endobj 2939 0 obj endobj /Pg 23 0 R /P 6705 0 R /S /Artifact /K 782 /K 877 /S /Artifact /Contents 4376 0 R endobj 808 0 obj /Pg 22 0 R /K 1146 /S /P << /Pg 23 0 R endobj >> All of the monthly standard deviations are then annualized and the volatility is expressed as a percentage. 1607 0 obj << /S /Artifact /Pg 14 0 R >> << /S /P << 4205 0 obj /Pg 18 0 R >> << 1488 0 obj endobj 2169 0 obj /Lang (EN-US) << >> 1490 0 obj /Pg 22 0 R /Lang (EN-US) << /S /Artifact endobj /S /P /Lang (EN-US) /Lang (EN-US) << endobj 2317 0 obj /Pg 18 0 R endobj 1571 0 obj /Pg 22 0 R /P 10 0 R endobj endobj /S /Artifact /S /P /Pg 22 0 R >> endobj /K 949 /Pg 25 0 R /Lang (EN-US) 1425 0 obj /Pg 25 0 R /P 5719 0 R /S /P /Lang (EN-US) >> /K 154 /Pg 13 0 R << 2095 0 obj /P 5520 0 R endobj endobj /S /P 3964 0 obj /Pg 22 0 R /Pg 24 0 R endobj /S /Artifact endobj /P 10 0 R >> /S /Artifact /P 6020 0 R /P 6029 0 R 1327 0 obj >> 1524 0 obj 1701 0 obj /P 5732 0 R endobj /K 140 /Pg 22 0 R endobj >> /S /P 3912 0 obj 3663 0 obj /Pg 25 0 R /Pg 22 0 R /S /Artifact << /S /P /S /Artifact /P 10 0 R 4267 0 obj 2639 0 obj 4272 0 obj /Lang (EN-US) << /K 356 endobj >> endobj << /K 392 endobj /S /Artifact /P 5010 0 R endobj /K 1547 /S /P /Pg 23 0 R >> /Lang (EN-US) 4163 0 obj <> >> 2387 0 obj /Pg 23 0 R >> /Pg 24 0 R 3997 0 R 3998 0 R 3999 0 R 4000 0 R 4001 0 R 4002 0 R 4003 0 R 4004 0 R 4005 0 R 4006 0 R endobj 2013 0 obj /Pg 22 0 R /Lang (EN-US) endobj endobj Loans are made or arranged pursuant to a California Financing Law license. /P 4926 0 R << <> null 841 0 R null 842 0 R 843 0 R null 844 0 R null 845 0 R null /Lang (EN-US) endobj /K 1079 /Lang (EN-US) /S /P 3586 0 R null 3587 0 R null 3588 0 R null null null 3589 0 R null 4096 0 obj 1130 0 obj /Pg 25 0 R 3126 0 obj endobj >> endobj >> /P 4643 0 R /P 4808 0 R /P 10 0 R /Pg 23 0 R /S /Artifact 3300 0 obj /K 904 /Pg 23 0 R /K 1163 endobj /K 12 endobj endobj /P 10 0 R /S /P << /Pg 23 0 R /S /P endobj endobj /K 0 << /K 1391 /Pg 22 0 R 1102 0 obj /K 200 /S /Artifact endobj /S /P /Pg 24 0 R /K 1271 >> 1964 0 obj /Pg 24 0 R >> <> << /K 70 /S /Artifact 2783 0 obj /S /Artifact /S /P 4119 0 obj >> /S /Artifact /P 5619 0 R 2823 0 obj /Lang (EN-US) 1998 0 obj /S /P endobj endobj /K 32 4016 0 obj /P 6115 0 R /Lang (EN-US) endobj /Pg 23 0 R /S /P << << /S /Artifact /S /P /S /Link /Pg 25 0 R /P 6569 0 R /K 1547 /Pg 23 0 R endobj /K 55 >> 4620 0 R 4621 0 R 4622 0 R 4623 0 R 4624 0 R 4625 0 R 4626 0 R 4627 0 R 4628 0 R 4629 0 R /Pg 25 0 R /K 110 /S /P >> 3518 0 R null 3519 0 R null 3520 0 R null 3521 0 R null 3522 0 R null >> << >> << 2708 0 obj /Lang (EN-US) /S /Artifact endobj 2571 0 obj /Pg 22 0 R 1372 0 obj << >> /Pg 23 0 R 3089 0 obj /Pg 21 0 R /K 948 endobj << /K 1317 /P 6383 0 R endobj <> /Lang (EN-US) << /K 1171 2465 0 obj null 596 0 R null 597 0 R 598 0 R null null 599 0 R null 600 0 R 84 0 obj /Lang (EN-US) endobj /Pg 18 0 R >> /K 1194 /Lang (EN-US) << /Lang (EN-US) /K 66 2749 0 obj << >> /S /P >> /P 4762 0 R /Lang (EN-US) /P 5686 0 R /K 740 endobj /Pg 23 0 R /S /P /K 67 >> >> /S /Artifact 4056 0 obj endobj << <> /S /P << endobj << 4308 0 obj << >> /S /P 772 0 obj endobj << /K 1331 4052 0 obj 673 0 obj endobj 847 0 obj 4284 0 obj /K 982 224 0 obj /S /P /K 1431 /S /Artifact >> /S /Artifact >> /Pg 22 0 R /P 6458 0 R >> /K 1205 1850 0 R null 1851 0 R null 1852 0 R null 1853 0 R null 1854 0 R null /Lang (EN-US) /K 1435 At TCP, Mr. Wolfe launched the middle-market CLO platform taking . endobj << /S /P /Pg 25 0 R >> /Lang (EN-US) /Lang (EN-US) /Lang (EN-US) /K 1461 endobj /P 4837 0 R 1401 0 obj << 2177 0 obj endobj /Pg 22 0 R /Lang (EN-US) /P 6334 0 R 4051 0 obj /Lang (EN-US) << >> /P 5720 0 R /K 1295 >> >> << /Pg 26 0 R /S /Artifact /Lang (EN-US) 958 0 obj /MediaBox [0 0 612 792] endobj /Lang (EN-US) /S /Artifact endobj /P 4790 0 R /K 1332 /K 406 >> 410 0 obj /S /P << /Pg 22 0 R /K 18 endobj /Pg 25 0 R /Pg 22 0 R >> 2642 0 obj /Lang (EN-US) << 2514 0 R null null null 2515 0 R null null null 2516 0 R null endobj /Pg 22 0 R endobj /S /Footnote /P 5666 0 R >> endobj >> /Lang (EN-US) /Pg 23 0 R 1734 0 obj >> /Pg 24 0 R endobj /K 290 2408 0 obj >> >> endobj /Length 7 0 R 1882 0 obj /K 1025 << /S /Artifact /P 6011 0 R endobj /S /P /S /Link /S /P >> >> >> << << endobj /K 836 /S /P /Pg 23 0 R 3160 0 obj << >> >> /K 1360 /K 598 /S /P /Lang (EN-US) >> endobj /Pg 23 0 R /K 1155 >> << 406 0 obj 4239 0 obj 1704 0 obj endobj /K 1 /K 895 /S /Artifact 391 0 obj >> /Pg 22 0 R /Lang (EN-US) >> 2921 0 obj /K 641 /S /P 1853 0 obj /S /Artifact /Lang (EN-US) /P 6628 0 R /K 522 endobj /P 6138 0 R /P 5147 0 R /Pg 24 0 R >> /Pg 23 0 R /K 17 /K 55 /K 1350 null 3816 0 R 3817 0 R null 3818 0 R null 3819 0 R null 3820 0 R null /Pg 24 0 R /Pg 23 0 R >> /Pg 23 0 R endobj << << endobj 1348 0 obj >> >> /K 310 >> /P 5713 0 R 518 0 obj /Lang (EN-US) /Pg 22 0 R /K 1255 /Pg 25 0 R 2742 0 obj /Pg 24 0 R /K 1342 3699 0 obj 3565 0 obj /S /Artifact /K 553 /K 38 /K 963 /Lang (EN-US) /S /P /S /Artifact /K 848 endobj << /Pg 23 0 R /S /P /Pg 23 0 R /Pg 24 0 R /Lang (EN-US) endobj /Pg 23 0 R endobj << /Lang (EN-US) 2040 0 obj >> 2950 0 obj 4077 0 obj /S /Artifact /P 5519 0 R /P 5735 0 R endobj /Pg 22 0 R /S /Artifact endobj /S /P endobj /Lang (EN-US) << 3536 0 obj << >> /S /Artifact endobj endobj 3050 0 obj endobj endobj /P 37 0 R /Pg 23 0 R << 3638 0 obj /S /P endobj /Pg 23 0 R /P 10 0 R << >> /K 287 /S /Artifact 208 0 obj /S /P /S /P /Lang (EN-US) /P 5881 0 R 270 0 obj /Pg 22 0 R /K [131 4660 0 R] endobj /S /P << /S /P /K 458 /Pg 22 0 R /K 902 /S /P /WS_TRACKING_ID (f325a0f1-a9d5-4034-846d-c1ef2129f6d0) >> >> /K 206 /Pg 23 0 R 709 0 obj /S /Artifact /P 10 0 R endobj endobj endobj endobj >> /S /LBody 1238 0 R 1239 0 R 1240 0 R 1241 0 R 1242 0 R 1243 0 R 1244 0 R 1245 0 R 1246 0 R 1247 0 R /Pg 22 0 R /S /P /Pg 24 0 R /Pg 23 0 R << endobj /S /P /K 133 /Pg 22 0 R null null 2820 0 R null null null 2821 0 R null 2822 0 R null >> endobj >> /Pg 25 0 R 1984 0 obj >> /H /I /Pg 24 0 R 1168 0 obj /Pg 13 0 R endobj 1979 0 obj /P 5956 0 R /S /Artifact endobj /K 28 << /Lang (EN-US) 1317 0 obj endobj /P 5718 0 R /K [1111 1112] endobj 1584 0 obj 2345 0 obj 842 0 obj /K 188 /S /P 3165 0 obj /S /P /P 6680 0 R /S /Artifact /K 1302 endobj 3215 0 obj >> /Pg 25 0 R /Lang (EN-US) /Lang (EN-US) << << /K 516 /Lang (EN-US) /P 10 0 R /Lang (EN-US) << /S /Footnote >> << << /K 51 1532 0 obj /K 587 /S /Artifact 1428 0 obj /P 6708 0 R 2010 0 obj /Pg 18 0 R >> endobj /Pg 23 0 R /Lang (EN-US) endobj /P 6386 0 R /Pg 25 0 R 1762 0 R null 1763 0 R null 1764 0 R null 1765 0 R null null null 2264 0 R 2265 0 R 2265 0 R 2266 0 R 2267 0 R 2268 0 R 2269 0 R 2270 0 R 2271 0 R 2272 0 R endobj /P 5630 0 R 2687 0 obj /P 6262 0 R << 1014 0 obj null 2014 0 R null 2015 0 R null 2016 0 R null 2017 0 R 2018 0 R null /Lang (EN-US) /Pg 23 0 R >> << 425 0 obj /Lang (EN-US) << /S /P /K 909 /K 1281 1394 0 obj endobj << /K 37 95 0 obj /Pg 25 0 R << /Lang (EN-US) << 584 0 obj >> >> 333 0 obj /Alt /K 249 << >> /Pg 25 0 R endobj 3936 0 obj /K 859 endobj 885 0 R null 886 0 R null 887 0 R null 888 0 R null null null >> /Pg 23 0 R 3740 0 obj /K 1346 >> >> endobj /P 6332 0 R endobj /K 1528 /K 1504 /Lang (EN-US) /S /Artifact 2073 0 obj endobj /S /P << << 2522 0 obj << <> >> >> /K 1322 1616 0 obj endobj endobj 2353 0 obj /Lang (EN-US) /S /Artifact endobj 2891 0 obj /P 5716 0 R endobj >> /Pg 25 0 R << /Pg 23 0 R /S /Artifact <> 418 0 obj /P 10 0 R 3241 0 obj /S /P endobj /Pg 22 0 R /K 1373 /Lang (EN-US) endobj /P 10 0 R /K 633 /P 5507 0 R endobj /P 5554 0 R >> /S /Artifact /Lang (EN-US) The Cliffwater Direct Lending index, which represents $260 billion in private credit assets, unlevered, returned 6.6% for the 12 months ended Sept. 30, compared to 14.25% for the prior 12-month .