Non-accrual
Loans that have stopped paying interest, as a share of the portfolio.
Definition
For a BDC, a loan that has stopped paying interest. The non-accrual rate, shown as a share of the portfolio at fair value or at cost as labelled, is a leading measure of credit quality.
Definitions describe how YieldDesk reads the term. Nothing on this page is investment advice or a recommendation to buy, sell or hold.