Company: FCRX
Filing Date: 2025-02-03
Form Type: N-2/A
Source: 0001193125-25-018583
Chunk: 19

Company: Crescent Capital BDC, Inc.
Filing Date: 2025-02-03
Form: N-2/A
Chunk 19
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 assuming asset coverage ratio of 186% (the Company’s actual asset coverage as of September 30, 2024) and t otal annual expenses of 16.25% of net assets attributable to common stock as set forth in the fees and expenses table above, and (x) a 5.0% annual return resulting entirely from net realized capital gains (none of which is subject to the incentive fee) and (y) a 5.0% annual return resulting entirely from net realized capital gains (all of which is subject to the incentive fee based on capital gains). Transaction expenses are included in the following example. This example and the expenses in the table above should not be considered a representation of our future expenses, and actual expenses (including cost of debt, if any, and other expenses) may be greater or less than those shown.

| You would pay the following expenses on a$1,000 common stock investment:                                                                                |     | 1 year |     |     | 3 years |     |     | 5 years |     |     | 10 years |       |
|:--------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:-------|----:|:----|:--------|----:|:----|:--------|----:|:----|:---------|------:|
| assuming a 5% annual return resulting entirely from net realized capital gains (none of which is subject to the capital gains incentive fee)(1)         |     | $      | 171 |     | $       | 453 |     | $       | 671 |     | $        | 1,023 |
| assuming a 5% annual return resulting entirely from net realized capital gains (all of which is subject to the incentive fee based on capital gains)(2) |     | $      | 179 |     | $       | 472 |     | $       | 693 |     | $        | 1,040 |

| (1) | Assumes that we will not realize any capital gains computed net of all realized capital losses and unrealized capital depreciation. |

| (2) | Assumes no unrealized capital depreciation and a 5% annual return resulting entirely from net realized capital gains and therefore subject to the incentive fee based on capital gains. Because our investment strategy involves investments that generate primarily current income, we believe that a 5% annual return resulting entirely from net realized capital gains is unlikely. |

12

The foregoing table is to assist you in understanding the various costs and expenses