Post by Associate Global Partners Limited (ASX:APL)

Australia's first daily-liquid, actively-managed private credit ETF is now trading on the ASX. The Muzinich BDC Income Fund - Active ETF (ASX: BDCI) has officially listed - giving Australian investors access to US private credit through a familiar, exchange-traded structure for the first time. The fund invests in a diversified portfolio of 20–45 US-listed Business Development Companies (BDCs) - providing exposure to senior secured loans to US middle market companies, actively selected by one of the world's leading corporate credit specialists. Why BDCI stands out: • High monthly income potential - the underlying Muzinich BDC Income Strategy has delivered an average gross dividend yield of 9.8% p.a. since inception ($USD) • Daily liquidity - access to private credit without the lock-ups of traditional unlisted structures • Active management - disciplined, bottom-up credit selection backed by Muzinich & Co.'s 30+ years of global credit expertise and A$59 billion in AUM (as at 31 December 2025) • Diversification - broad exposure across US middle market industries and sectors The timing is also compelling. Recent market dislocation has seen listed BDCs trading at attractive valuations - creating entry points for disciplined investors seeking high-quality private credit at a discount to intrinsic value. BDCI is now trading on the ASX under ticker BDCI. Investors can access it through their stockbroker just like any ASX-listed security. Reach out directly to Nicole Aubrey, Paul Stojanovic, Scott Baker, Melanie Fairbairn or Shanene Romano - or visit associateglobal.com to find out more. #PrivateCredit #IncomeInvesting #ETF #ASX #BDCI #FixedIncome #Muzinich #AlternativeInvestments #MonthlyIncome