PC · PRIVATE CREDIT

Diameter Dynamic Credit Fund

Diameter Capital Partners · Interval Fund

Program Overview

Interval Fund

Peer Group Filters

Objectives: IncomeTotal Return
Asset Class: Private Credit
Vehicle: Interval Fund
Single / Multi Asset: Multi-Asset

Sponsor/Manager

Diameter Capital Partners

Asset Class

Private Credit

Issuer

Diameter Dynamic Credit Fund

Issuer Legal Structure

Delaware Statutory Trust

Program Life Structure

Evergreen

Securities Offered

Equity - Class A Common Shares Equity - Class I Common Shares

Target Leverage

Minimum 300% asset coverage Asset coverage of 300% on borrowings (1940 Act). No borrowings at Jun 30, 2026 (N-PORT). Short positions $27.6M, unsettled purchases payable $124.4M, custodian overdraft $4.7M; limited derivatives user (10% limit). Prospectus illustrates $125M borrowings on $500M equity.

Strategy Risk/Return Profile

Managing Broker-Dealer

ALPS Distributors, Inc.

Scale

49,936,341 Class I shares outstanding

Minimum Investment

$25,000

Class A Common Shares · waivable

Strategy Overview

The prospectus states the Fund seeks current income and attractive risk-adjusted returns by investing in public and private credit and dynamically adjusting exposures. Three strategies: performing corporate credit (bank loans, high yield, investment grade), structured credit (CLO/CDO, ABS, risk transfer), and private credit (middle-market direct lending, about 30-40% of total assets planned). At least 80% in credit instruments. May use leverage, derivatives and short sales.

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