Diversified Credit Fund Performance Report – February 2026
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Demand for our Bowery Diversified Credit Fund (the Fund) continues in the market. This is all great news and validates the benefit the portfolio has for those wanting a more diversified secured investment option.
As an experienced investment manager, we are focused on supporting investors in their hunt for a competitive return for their investments. Applications to invest into the Fund received in the month of February were promptly deployed to loan originations or the acquisition of units in the Bowery Mortgage & Investment Fund.
As February is a shorter month, this has resulted in a slightly higher Investment Distribution for the month compared to recent monthly returns. This is partly due to the Fund’s methodology for calculating monthly income across the year. Investment Distributions for March 2026 and in the short term are not expected to be impacted by this timing factor which is particular to February returns.
All investments held through the Fund performed as expected for the month with no instances of non-loan repayments occurring in its loan exposures.
Performance Summary as at 28 February 2026:
- Investment Distributions of 0.7975% for the month (i.e 9.57% annualised)
- Exceeded its Target Distribution Rate by 0.72% p.a. (i.e 5.72% above RBA Cash Rate)
- Conservative weighted average LVR Exposure of 60.42%
- Exposed to 21 different loan facilities
- Diversified mix of underlying properties constituting security for loans including residential, commercial, mixed use and vacant land
- For March 2026 the monthly Target Distribution Rate for the Fund remains at RBA Cash Rate + 5.0% p.a.
For more details on the monthly performance, please download the monthly performance report by clicking on the below images:
