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BUILT FOR WEALTH ADVISORS

Alternative investments are complex. Finding answers shouldn’t be.

Understand your options. Evaluate investments with independent evidence. Communicate more clearly with clients. Monitor performance with greater confidence.

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For REITs, BDCs, interval funds, tender offer funds and DSTs. Go beyond product claims with historical data, objective comparisons and context.

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Blue Vault
Intelligence
LIVE DATA
COMPARISON SNAPSHOT
Look beyond the headline metric.
PEER CONTEXT
Closed DSTs: projected vs. actual distribution rate
Actual (median)Projected at offering (median)
5.3
5.6
5.3
5.4
4.7
4.6
3.5
3.8
4.6
4.7
4.6
4.7
5.1
5.1
5.1
5.1
2019
2020
2021
2022
2023
2024
2025
2026

Closed DSTs grouped by offering year (years with 10+ offerings), median of each group. Actual = latest reported distribution rate, %.

Performance
Historical perspective
Peer Groups
Standardized comparisons
Trends
Change over time
From Blue Vault Intelligence, data as of November 5, 2026. Real programs, shown for illustration, not a recommendation.
Since 2009
Long-term market coverage
5 categories
Alternative investment intelligence
Peer context
Fund and offering comparisons
Independent
Data-driven market perspective
HOW BLUE VAULT HELPS WEALTH ADVISORS

From uncertainty to informed decisions.

Whether you’re exploring alternatives for the first time or monitoring an existing investment, Blue Vault helps you find relevant evidence and ask better questions.

01 / GET ORIENTED

Understand

Know where to begin.

Explore product structures, liquidity considerations, risks and key due diligence questions across five alternative investment categories.

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02 / COMPARE THE EVIDENCE

Evaluate

Move beyond marketing claims.

Use available historical performance, fund metrics, sponsor disclosures and peer comparisons to examine alternatives more consistently.

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03 / TALK TO CLIENTS

Explain

Build stronger client conversations.

Use educational perspectives and performance context to discuss potential benefits, risks, liquidity limitations and reasonable expectations.

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04 / FOLLOW THE OUTCOMES

Monitor

Know what deserves attention.

Review reported performance, distributions, liquidity developments and changes over time, including when results fall short of expectations.

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Blue Vault provides independent information and education, not personalized investment recommendations or a guarantee of investment outcomes. Available coverage and reporting vary by product.

FEATURED BLUE VAULT INTELLIGENCE

The story behind the numbers.

Lead with evidence. Each featured finding answers a practical wealth advisor question and invites deeper investigation.

FEATURED ANALYSIS

Are distributions keeping pace with the cash flows supporting them?

Explore the measures that help put distribution rates into context—and why comparisons matter.

Median distribution coverage of non-traded BDCs (net investment income ÷ distributions), Q1 2024 – Q2 2026. Latest: 0.96x. Source: Blue Vault Intelligence.

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BLUE VAULT RANKINGS

Comparisons worth exploring.

Quick examples of the rankings and peer context that help advisors ask better questions. Full analysis belongs in Blue Vault Intelligence.

REIT capital raiseBDC coverageDST full-cycle results

Capital raised over the last four reported quarters · Q2 2026

  1. 01Blackstone Real Estate Income Trust, Inc.$4.6B
  2. 02Blue Owl Real Estate Net Lease Trust$3.9B
  3. 03Ares Real Estate Income Trust Inc.$2.0B
  4. 04Hines Global Income Trust, Inc.$1.3B
  5. 05Fortress Net Lease REIT$811.2M

Net investment income ÷ distributions, latest reported period · Q2 2026

  1. 01Bain Capital Private Credit1.19x
  2. 02Prospect Floating Rate and Alternative Income Fund, Inc.1.12x
  3. 03T. Rowe Price OHA Select Private Credit Fund1.03x
  4. 04Nuveen Churchill Private Capital Income Fund1.02x
  5. 05Ares Strategic Income Fund1.01x

Share of full-cycle DSTs that broke even · sponsors with 5+ full-cycle programs · Nov 2026

  1. 01Madison Capital100.0%
  2. 02ExchangeRight100.0%
  3. 03Hamilton Point100.0%
  4. 04Cantor Fitzgerald100.0%
  5. 05Passco82.4%

Ranked on reported data, as of November 5, 2026. Definitions and peer groups are shown with every list in Intelligence. Not an investment recommendation.

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BLUE VAULT FIRM DIRECTORY

Know the firms behind alternative investments.

Explore asset managers, institutional firms, fintech companies and industry service providers in one place. Find firm profiles, learn what they do and discover resources relevant to your alternatives practice.

Asset ManagersInstitutionsFintechService Providers

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FIND FIRMS AND EXPERTISE
Industry Firm Directory
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Asset managersView profiles →
Technology providersView profiles →
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Industry servicesView profiles →
FEATUREDFeatured placements are paid promotions and are clearly identified.
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