PC · PRIVATE CREDIT

First Trust Private Credit Fund

First Trust Capital Solutions · Multi-Strategy Private Credit Interval Fund

Program Overview

Multi-Strategy Private Credit Interval Fund

Peer Group Filters

Objectives: IncomeCapital AppreciationCapital PreservationDiversificationTotal Return
Asset Class: Private Credit
Vehicle: Interval Fund
Single / Multi Asset: Multi-Asset

Sponsor/Manager

First Trust Capital Solutions

Asset Class

Private Credit

Issuer

First Trust Private Credit Fund

Issuer Legal Structure

Delaware Statutory Trust

Program Life Structure

Evergreen

Securities Offered

Equity - Class A Shares (FTCAX)Equity - Class I Shares (FTPCX)

Target Leverage

Maximum 33% debt-to-total-assets No target disclosed; 33 1/3% of total assets is the Section 18 limit. $22.1M drawn on a $65M PNC facility at 3/31/2026, secured by substantially all Fund assets. Leverage inside Private Investment Vehicles is not limited.

Strategy Risk/Return Profile

Managing Broker-Dealer

First Trust Portfolios

Minimum Investment

$1,000

Class A Shares (FTCAX) · waivable

Strategy Overview

Seeks to produce current income by allocating across a wide array of credit strategies. Under normal conditions at least 80% of net assets plus borrowings goes to private credit instruments, including first-lien, second-lien and unitranche loans, CLO debt and equity, asset-backed and significant risk transfer positions, and interests in private credit funds, with up to 20% in government and municipal obligations. The Adviser allocates among itself and its sub-adviser, Palmer Square, across direct lending, structured credit, opportunistic credit and asset-based lending.

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