# Franklin BSP Private Credit Fund Advisor Class (FBSPX): Mutual Fund Facts & Distributions

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- Issuer: Franklin Templeton · Asset class: Equity
- Strategy: Thematic · Inception: 2022-10-07

Operating as a focused, closed-end investment fund, the Franklin BSP Private Credit Fund primarily allocates its capital to direct lending and other private debt instruments for middle-market businesses. The organization officially began its operations on November 12, 2019, and is based in New York City.

## Key Facts

| Metric | Value |
|---|---|
| Price | $9.44 |
| Expense Ratio | — |
| Assets Under Management | $122.2M |
| NAV | $9.44 |
| Holdings Count | — |
| Distribution Yield (TTM) | 11.54% |
| Annual Distribution (TTM) | $1.09 /share |
| Distribution Frequency | Monthly |
| 52-Week Range | $9.44 – $10.75 |
| Beta | 0.18 |

## Latest Distribution

- Amount: $0.0171 /share
- Ex-date: 2026-09-29
- Pay date: 2026-09-29

## Frequently Asked Questions

### What does FBSPX invest in?

Operating as a focused, closed-end investment fund, the Franklin BSP Private Credit Fund primarily allocates its capital to direct lending and other private debt instruments for middle-market businesses. The organization officially began its operations on November 12, 2019, and is based in New York City.

### What is the expense ratio of FBSPX?

An expense ratio for Franklin BSP Private Credit Fund Advisor Class (FBSPX) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

### How big is FBSPX?

Franklin BSP Private Credit Fund Advisor Class (FBSPX) manages $122.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

### Is FBSPX actively managed or an index fund?

FBSPX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

### When was FBSPX launched?

Franklin BSP Private Credit Fund Advisor Class (FBSPX) launched in October 2022 and is managed by Franklin Templeton.

### How has FBSPX performed?

FBSPX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.

### Does FBSPX pay a dividend?

Franklin BSP Private Credit Fund Advisor Class (FBSPX) currently distributes little or no income. Trailing-twelve-month yield is 11.54%. Investors looking for income should consider income-focused alternatives. See the Peers tab.

### How often does FBSPX pay dividends?

Franklin BSP Private Credit Fund Advisor Class pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page.

### What is FBSPX's dividend yield?

FBSPX's trailing-twelve-month yield is 11.54%, calculated from the sum of dividends over the past year divided by the current price.

### When is FBSPX's next ex-dividend date?

The most recently announced ex-dividend date for FBSPX was 2026-09-29. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page.

### Why is FBSPX's expense ratio not shown?

Neither our market-data feed nor the SEC's structured filing datasets (prospectus fee tables and Form N-CEN annual reports, which we re-check monthly) report an expense ratio for Franklin BSP Private Credit Fund Advisor Class (FBSPX). That usually means the fund family doesn't register this share class's ticker in the SEC's machine-readable data, or the vehicle reports fees outside the standard fund forms. Rather than estimate, we leave it blank; the prospectus on the issuer's site carries the authoritative number.

### How does FBSPX charge its expense ratio?

The expense ratio is deducted in tiny daily slices from FBSPX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price.

## More on Dividend Data

- Overview (HTML): https://www.dividenddata.com/funds/fbspx
- Distribution history: https://www.dividenddata.com/funds/fbspx/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/fbspx/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/fbspx/expenses
- Peer comparison: https://www.dividenddata.com/funds/fbspx/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.