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FAQ

FAQ

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What is Crescent Capital BDC, Inc.?
Crescent Capital BDC, Inc. (“Crescent BDC”) is an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended. In addition, Crescent BDC has elected to be treated, and intends to qualify annually, as a regulated investment company, under Subchapter M of the Internal Revenue Code of 1986, as amended (the “Code”). Crescent BDC’s investment activities are managed by its investment adviser, Crescent Cap Advisors, LLC, an affiliate of Crescent Capital Group LP (“Crescent Capital”), a leading alternative credit investment firm.
What is Crescent Capital Group LP?
Crescent Capital Group LP (“Crescent Capital”) is a global credit investment manager with approximately $27 billion1 of assets under management. For over 25 years, the firm has focused on below investment grade credit through strategies that invest in marketable and privately originated debt securities including senior bank loans, high yield bonds, and private senior, unitranche, and junior debt securities. Crescent Capital is headquartered in Los Angeles with offices in New York, Boston, and London and more than 175 employees globally. For more information, please visit www.crescentcap.com.
What is Crescent BDC’s investment objective?
Crescent BDC seeks to maximize the total return of our stockholders in the form of current income and capital appreciation by providing capital solutions to companies with sound business fundamentals and strong growth prospects.
Where can I find information on Crescent BDC’s net asset value (NAV)?
The net asset value per share may be obtained in our public filings (i.e. Forms 10-Q and 10-K) with the Securities and Exchange Commission via its website www.sec.gov or by visiting our “SEC Filings” page.
Does Crescent BDC pay a dividend?
Yes. Crescent BDC intends to distribute dividends or make distributions to shareholders of record on a quarterly basis. To view our historical dividends, please see “Dividends”. Further quarterly distributions, if any, will be determined by our Board of Directors.
Does Crescent BDC have a dividend reinvestment plan (DRIP)?
Yes. We have a dividend reinvestment plan for our shareholders, which is an “opt out” dividend reinvestment plan. Under this plan, if we declare a cash dividend, our stockholders who have not elected to “opt out” of our dividend reinvestment plan will have their cash distribution automatically reinvested in additional shares of our common stock, rather than receiving the cash dividends.

If you hold your shares through a bank, broker or other intermediary, please contact your bank, broker or other intermediary directly for instruction on how to opt out of the dividend reinvestment plan.
Are dividends taxable to shareholders?
Dividends are generally taxable to U.S. stockholders as ordinary income or capital gains. After the end of the year, we will send to each of our U.S. registered stockholders a Form 1099-DIV, which details the taxability of the dividends paid in the preceding year, including a breakdown between ordinary income and capital gains. Participants in the DRIP are taxed on the dividends as if they were received in cash. For more information regarding taxes on dividends received by you, please consult your own tax advisor.
What is Crescent BDC’s fiscal year end?
Our fiscal year end is December 31.
What exchange does Crescent BDC trade on and what is its ticker symbol?
Our common stock is listed and traded on NASDAQ under ticker symbol “CCAP.” Information about our stock price and other related data can be found by visiting the Stock Information page on our website.
What is the CUSIP number for Crescent BDC’s common stock?
The CUSIP number for Crescent BDC’s common stock is 225655109.
Am I are registered stockholder?
A registered stockholder is a stockholder that is shown on the records of the Company. If you purchased shares through a broker, bank, or other intermediary, the shares might not be registered in your name but instead may be registered in the name of the broker, bank, or other intermediary (held in “street name”). Individual stockholders whose shares are held in street name should contact their broker, bank, or other intermediary for more information on any dividend reinvestment plan changes.
How can I enroll or opt out of the dividend reinvestment plan?
Participants who hold their shares through a broker or other nominee should direct correspondence or questions concerning the dividend reinvestment plan to their broker or nominee. Please direct any other correspondence concerning the plan to the plan agent by mail at: Broadridge Shareholder Services c/o Broadridge Corporate Issuer Solutions, PO Box 1342, Brentwood, NY 11717-0718. Alternatively, the plan agent can be reached via email at shareholder@broadridge.com.
Who is the transfer agent for Crescent BDC?
Our transfer agent is Broadridge.
Whom do I contact with questions concerning my account activity, replacing lost or stolen certificates, transferring securities, dividend payments, direct deposit information, or processing a change of address?
Please contact your bank, broker or other intermediary.
How can I request additional information from Crescent BDC?
You can request information via our “Contact Us” page, or by contacting Investor Relations by email at bdcir@crescentcap.com.
How can I receive email alerts from Crescent BDC?
Please visit our “Email Alerts” page to sign up for email alerts on our SEC filings, presentations, events, news, and end-of-day stock quotes.

1AUM is as of 3/31/2020 and includes committed assets and employee investments in Crescent managed portfolios.