BARINGS BDC INC

Ticker: BBDC CUSIP: 06759L103 Class: COM

Cliffwater LLC's Holding History (CIK: 0001659851)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 126,753 Value ($000) $1,164 Avg Close $8.68 Range $8.15 - $9.24

Q3 2025

Shares 126,753 Value ($000) $1,110 Avg Close $8.94 Range $8.46 - $9.33

Q2 2025

Shares 126,753 Value ($000) $1,159 Avg Close $8.16 Range $6.96 - $8.70

Q1 2025

Shares 126,753 Value ($000) $1,209 Avg Close $8.78 Range $8.14 - $9.56

Q4 2024

Shares 119,607 Value ($000) $1,145 Avg Close $8.46 Range $8.04 - $8.92

Q3 2024

Shares 119,607 Value ($000) $1,172 Avg Close $8.37 Range $7.66 - $8.59

Q2 2024

Shares 116,490 Value ($000) $1,133 Avg Close $7.87 Range $7.38 - $8.36

Q1 2024

Shares 113,298 Value ($000) $1,054 Avg Close $7.30 Range $6.79 - $7.97

Q4 2023

Shares 113,298 Value ($000) $972 Avg Close $6.92 Range $6.59 - $7.30

Q3 2023

Shares 110,063 Value ($000) $981 Avg Close $6.51 Range $5.70 - $7.02

Q2 2023

Shares 920,728 Value ($000) $7,219 Avg Close $5.62 Range $5.05 - $6.03

Q1 2023

Shares 1,266,423 Value ($000) $10,055 Avg Close $5.97 Range $5.41 - $6.36

Q4 2022

Shares 1,710,558 Value ($000) $13,941 Avg Close $5.98 Range $5.41 - $6.37

Q3 2022

Shares 1,608,808 Value ($000) $13,305 Avg Close $6.51 Range $5.65 - $7.01

Q2 2022

Shares 1,569,316 Value ($000) $14,610 Avg Close $6.68 Range $6.15 - $7.19

Q1 2022

Shares 1,413,893 Value ($000) $14,620 Avg Close $6.94 Range $6.43 - $7.22

Q4 2021

Shares 1,310,619 Value ($000) $14,443 Avg Close $6.99 Range $6.71 - $7.25

Q3 2021

Shares 1,132,487 Value ($000) $12,480 Avg Close $6.68 Range $6.27 - $7.00

Q2 2021

Shares 1,114,237 Value ($000) $11,766 Avg Close $6.35 Range $6.03 - $6.70

Q1 2021

Shares 1,279,964 Value ($000) $12,774 Avg Close $5.67 Range $5.23 - $6.23

Q4 2020

Shares 869,973 Value ($000) $8,004 Avg Close $4.98 Range $4.31 - $5.56

Q3 2020

Shares 775,644 Value ($000) $6,205 Avg Close $4.56 Range $4.16 - $4.94

Q2 2020

Shares 636,012 Value ($000) $5,050 Avg Close $4.04 Range $3.41 - $4.78

Q1 2020

Shares 291,440 Value ($000) $2,180 Avg Close $5.23 Range $2.61 - $5.83

Q4 2019

Shares 282,830 Value ($000) $2,907 Avg Close $5.58 Range $5.34 - $5.81

Q3 2019

Shares 242,767 Value ($000) $2,464 Avg Close $5.33 Range $5.13 - $5.61

Q2 2019

Shares 227,956 Value ($000) $2,243 Avg Close $5.27 Range $5.15 - $5.46

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	126,753	$1,164	$8.68	$8.15 - $9.24
Q3 2025	126,753	$1,110	$8.94	$8.46 - $9.33
Q2 2025	126,753	$1,159	$8.16	$6.96 - $8.70
Q1 2025	126,753	$1,209	$8.78	$8.14 - $9.56
Q4 2024	119,607	$1,145	$8.46	$8.04 - $8.92
Q3 2024	119,607	$1,172	$8.37	$7.66 - $8.59
Q2 2024	116,490	$1,133	$7.87	$7.38 - $8.36
Q1 2024	113,298	$1,054	$7.30	$6.79 - $7.97
Q4 2023	113,298	$972	$6.92	$6.59 - $7.30
Q3 2023	110,063	$981	$6.51	$5.70 - $7.02
Q2 2023	920,728	$7,219	$5.62	$5.05 - $6.03
Q1 2023	1,266,423	$10,055	$5.97	$5.41 - $6.36
Q4 2022	1,710,558	$13,941	$5.98	$5.41 - $6.37
Q3 2022	1,608,808	$13,305	$6.51	$5.65 - $7.01
Q2 2022	1,569,316	$14,610	$6.68	$6.15 - $7.19
Q1 2022	1,413,893	$14,620	$6.94	$6.43 - $7.22
Q4 2021	1,310,619	$14,443	$6.99	$6.71 - $7.25
Q3 2021	1,132,487	$12,480	$6.68	$6.27 - $7.00
Q2 2021	1,114,237	$11,766	$6.35	$6.03 - $6.70
Q1 2021	1,279,964	$12,774	$5.67	$5.23 - $6.23
Q4 2020	869,973	$8,004	$4.98	$4.31 - $5.56
Q3 2020	775,644	$6,205	$4.56	$4.16 - $4.94
Q2 2020	636,012	$5,050	$4.04	$3.41 - $4.78
Q1 2020	291,440	$2,180	$5.23	$2.61 - $5.83
Q4 2019	282,830	$2,907	$5.58	$5.34 - $5.81
Q3 2019	242,767	$2,464	$5.33	$5.13 - $5.61
Q2 2019	227,956	$2,243	$5.27	$5.15 - $5.46