First Trust Enhanced Private Credit Fund | EvergreenLink

First Trust Enhanced Private Credit Fund

First Trust Enhanced Private Credit Fund is a non-diversified, closed-end management investment company organized as a Delaware statutory trust. The Fund’s investment objective is to achieve total return through income and capital appreciation by investing across the full spectrum of structured and private credit. Under normal market conditions, it allocates at least 80% of its net assets to private credit instruments, including corporate loans, asset-backed securities, and CLOs, as well as regulatory capital relief investments. The Fund may also invest through private funds and other vehicles, including subsidiaries. It employs leverage through borrowing, derivatives, short sales, and reverse repurchase transactions. First Trust Capital Management L.P. serves as the investment adviser. The Fund provides limited liquidity through semi-annual tender offers, typically for up to 3.5% of outstanding shares.

News and Notices

ManagerFirst Trust Capital Partners

Inception2024

Registration'40 Act

Fund TypeInterval CEF

CurrencyUSD

Repurchase FrequencyQuarterly

Subscription FrequencyDaily

Management Fee1.00%

Fiscal Year EndMarch 31

News and Notices

Portfolio Holdings

Portfolio Composition

Growth

Capital Flows

Share Classes

Returns

Fees

Ownership

Operating Metrics

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Notices

Oct 18, 2025

10:22

Compliance

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First Trust Enhanced Private Credit Fund reported its annual 2026 proxy voting notice, with no series listed and no proxy voting records presented.

May 29, 2025

15:51

Distributions, Marketing Materials

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First Trust Enhanced Private Credit Fund reduced its monthly distribution policy from 12% to 10.5% annually of net asset value per share, effective before the July 31, 2026 prospectus. Investors will receive monthly distributions under the lower predetermined rate.

Dec 07, 2023

21:40

Ownership, Personnel, Subscriptions

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First Trust Enhanced Private Credit Fund Treasurer Chad Eisenberg acquired 42,462 Class I common shares at $9.42 per share on July 2, 2026. His direct ownership increased to 42,462 shares.

Jun 07, 2025

20:45

Ownership, Personnel, Subscriptions

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President Michael D. Peck acquired 159,235 First Trust Enhanced Private Credit Fund Class I common shares at $9.42 per share on July 2, 2026. His reported holdings increased to 159,235 Class I common shares held directly.

Aug 29, 2025

13:17

Redemptions

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First Trust Enhanced Private Credit Fund opened a semi-annual repurchase offer for up to 5% of shares from May 29 to June 30, 2026. Tender requests are due by 4:00 p.m. Eastern Time on June 30.

Dec 13, 2024

14:14

Distributions, Ownership, Personnel

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First Trust Enhanced Private Credit Fund President Michael D. Peck reported dividend reinvestment acquisitions of common shares each month from April 2025 through March 2026, including 125.13 shares at $9.53 on March 31, 2026. His reported holdings were adjusted for a 2.5-for-1 stock split effective January 2, 2026.

Jan 13, 2026

13:39

Distributions, Ownership, Personnel

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First Trust Enhanced Private Credit Fund reported Chad Eisenberg’s indirect ownership of 5,237.05 common shares through Generation Emcee LLC, with monthly dividend reinvestment purchases ranging from 44.91 shares to 125.13 shares after the January 2, 2026, 2.5-for-1 stock split.

Mar 06, 2024

17:46

Ownership, Personnel, Subscriptions

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First Trust Capital Management, the Adviser to First Trust Enhanced Private Credit Fund, acquired 100 Class A Common Shares at $10 per share, increasing its direct holdings to 1,000 shares. The transaction indicates an additional insider ownership increase by the Adviser.

Aug 06, 2024

17:36

Ownership, Personnel, Subscriptions

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First Trust Enhanced Private Credit Fund President Michael D. Peck acquired 100 Class A Common Shares at $10 per share, bringing his indirect holdings to 1,000 shares. The change increases his reported ownership through First Trust Capital Management.

Jun 06, 2023

17:30

Ownership, Personnel, Subscriptions

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Chad Eisenberg, Treasurer of First Trust Enhanced Private Credit Fund, purchased 100 Class A Common Shares at $10 per share, increasing his indirect holdings to 1,000 shares. His ownership is reported through First Trust Capital Management.

Preview

Who manages First Trust Enhanced Private Credit Fund?First Trust Capital Partners is responsible for managing First Trust Enhanced Private Credit Fund.

When was First Trust Enhanced Private Credit Fund incepted?First Trust Enhanced Private Credit Fund launched in 2024.

How is First Trust Enhanced Private Credit Fund registered?First Trust Enhanced Private Credit Fund is registered as a '40 Act fund.

What type of fund is First Trust Enhanced Private Credit Fund?First Trust Enhanced Private Credit Fund is structured as a Tender Offer CEF fund.

How can investors access First Trust Enhanced Private Credit Fund?You can invest in First Trust Enhanced Private Credit Fund by meeting its eligibility requirements and subscribing through the fund's offering process or an approved platform. Visit their website for more details.

How often can investors buy shares of First Trust Enhanced Private Credit Fund?You can invest in First Trust Enhanced Private Credit Fund daily, subject to eligibility and fund subscription deadlines.

How often can investors sell shares of First Trust Enhanced Private Credit Fund?You can redeem shares of First Trust Enhanced Private Credit Fund quarterly, subject to redemption limits and notice requirements.

What currency is First Trust Enhanced Private Credit Fund offered in?Shares of First Trust Enhanced Private Credit Fund can be purchased in USD.

When does First Trust Enhanced Private Credit Fund close its fiscal year?First Trust Enhanced Private Credit Fund's fiscal year end is March 31.

How big is First Trust Enhanced Private Credit Fund?First Trust Enhanced Private Credit Fund's net asset value was $85.5 million and its portfolio had a fair value of $94.7 million as of June 30, 2026.

What types of investments does First Trust Enhanced Private Credit Fund make?Among other deal types, First Trust Enhanced Private Credit Fund primarily makes Debt Investments.

What strategies does First Trust Enhanced Private Credit Fund invest in?Among other asset classes, First Trust Enhanced Private Credit Fund primarily invests in Direct Lending.

What geographies does First Trust Enhanced Private Credit Fund have exposure to?Among other regions, First Trust Enhanced Private Credit Fund primarily invests in the USA and United Kingdom.

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