Private, non-traded
MCIP — Monroe Capital Income Plus Corp
Monroe Capital Income Plus Corp is a business development company managed by Monroe Capital. Strategy: middle-market direct lending.
What SpreadVista tracks for MCIP
- •Marks-to-par across the portfolio. Fair value as a fraction of par cost — the canonical health signal for a private-credit position — read from MCIP's own iXBRL tags and tracked quarter-over-quarter. A mark needs a par basis to exist, and MCIP reports one on 71.6% of the positions we serve; the rest (equity stakes, warrants, untagged principal) are shown without one rather than estimated.
- •Non-accrual positions. The MCIP positions we tied to a non-accrual disclosure in the filer's own footnotes, and the dollar exposure behind them. A position is flagged only where the filing says so — every other position is carried as unknown, never as performing — so read this as a floor on MCIP's non-accruals, not a complete list.
- •Top issuers by fair value. MCIP's concentration profile — the largest 10/25/50 exposures with mark and maturity context.
- •Spread surface vs comparable BDCs. Where MCIP's positions sit on the credit-spread surface relative to peer-group BDCs holding similar credits, across the 70% of its positions that carry a tagged spread over a reference rate.
- •Cross-vehicle issuer exposure. Which other BDCs and interval funds hold the same credits as MCIP — a contagion-risk view incumbents charge $20K–200K per seat for.
What we can't show for MCIP
SpreadVista only serves what the filer machine-tagged, and only computes a metric where there is enough of it to stand behind. Each item below is either under that bar for MCIP or something we could not tie to any individual position — the note says which. We leave them blank rather than infer them:
- •NAV per share. We have no NAV-per-share observation for MCIP. Non-traded BDCs report NAV outside the tagged Schedule of Investments, so it doesn't reach us through the same pipeline as the positions.
See MCIP's full analytics
Free to research. Every MCIP position we serve, every cross-vehicle overlap — sourced directly from primary regulatory disclosures, with the methodology and the coverage gaps shown on every chart.
Get Free AccessAbout MCIP
- Ticker
- MCIP
- Legal name
- Monroe Capital Income Plus Corp
- Manager / Advisor
- Monroe Capital
- Category
- Private, non-traded
- Strategy
- Middle-market direct lending
- Fiscal year end
- 12-31
Related concepts
Plain-English explanations of the concepts behind BDC analysis: