PIK’s share of interest income is back near its high, and rising faster outside BCRED

PIK interest as % of total interest income (PIK + cash).

Cohort: 15 largest non-traded BDCs by NAV at June 30, 2026. Data through June 30, 2026.
Chart: Accredited InsightSource: SEC 10-Q and 10-K filings, Accredited Investor Insights analysisGet the data