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ResearchTaxonomy 2026.09

Sectors

Private credit, brought into view. 36 sectors of SpreadVista's own taxonomy — an explicit, versioned mapping of each filer's sector tags, not licensed GICS — with BDC exposure compared like with like and the classification coverage disclosed on every figure.

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How to read this table

  • BDC exposure only. N-PORT classifies fund holdings by issuer type, not industry, so fund exposure is not on this table and is never summed with BDC exposure.
  • Share of universe is of the classified BDC universe; positions the filer does not classify are excluded from every sector figure and disclosed as unclassified.
  • Weighted spread and non-accrual rate are blank where fewer than three BDCs hold the sector — a single manager's book is not a sector fact.
  • Open a sector for its history, the vehicles most exposed, the largest credits and the spread-surface slice. Built to be checked.