Apollo Asset Backed Credit Co. LLC

07/24/2026 | Press release | Distributed by Public on 07/24/2026 15:00

Net Asset Value (Form 8-K)

Net Asset Value

We calculate net asset value per share in accordance with our valuation policies and procedures. Our monthly net asset value ("Net Asset Value") is used to calculate the prices at which we sell our shares, except our V Shares. The tables that follow include the Net Asset Value of outstanding shares as of June 30, 2026. The following table provides a breakdown of the major components of our Net Asset Value as of June 30, 2026 ($ in thousands, except shares):

Components of Net Asset Value

Investments at Fair Value (cost of $1,826,813)

$

1,833,984

Cash and cash equivalents

182,157

Other assets

147,601

Other liabilities

(213,709

)

Distribution payable

(9,690

)

Accrued performance fee

(2

)

Management fee payable

(1,453

)

Net Asset Value

$

1,938,888

Number of outstanding shares

76,204,317

The following table provides a breakdown of our total Net Asset Value and our Net Asset Value per share by type as of June 30, 2026 ($ in thousands, except shares and per share data):

Type

Monthly Net Asset Value

Number of Outstanding Shares

Net Asset Value per share as of June 30, 2026

Series I

A-I Shares

$

40,949

1,630,670

$

25.11

F-I Shares

$

116,997

4,631,264

$

25.26

F-S Shares

$

3

110

$

25.42

P-I Shares

$

567

22,803

$

24.88

P-S Shares

$

8,823

354,790

$

24.87

E Shares

$

157

6,186

$

25.46

T-I Shares

$

47,952

1,882,048

$

25.48

T-S Shares

$

74,048

2,913,556

$

25.41

I Shares

$

22,849

899,167

$

25.41

S Shares

$

3

110

$

25.54

V Shares

$

1

40

$

25.70

Series II

A-I Shares

$

80,333

3,193,828

$

25.15

F-I Shares

$

428,781

16,922,538

$

25.34

F-S Shares

$

71

2,808

$

25.28

P-I Shares

$

1,371

53,103

$

25.82

P-S Shares

$

202,301

7,945,447

$

25.46

E Shares

$

54,616

2,199,350

$

24.83

T-I Shares

$

152,149

5,925,375

$

25.68

T-S Shares

$

169,347

6,639,073

$

25.51

I Shares

$

324,164

12,660,159

$

25.61

S Shares

$

537

20,946

$

25.65

BD Shares

$

212,868

8,300,906

$

25.64

V Shares

$

1

40

$

25.60

Total

$

1,938,888

76,204,317

Effective for any Net Asset Value struck as of a date on or after July 1, 2026, the Company will update the calculation methodology it uses to calculate the price per share of each of its share types, for the purposes of both subscriptions and repurchases, using a transactional net asset value ("Transactional Net Asset Value"). The current Net Asset Value ("GAAP Net Asset Value") is determined in accordance with accounting principles generally accepted in the United States of America ("GAAP"). The Transactional Net Asset Value will be calculated by adjusting GAAP Net Asset Value as of each relevant valuation date for some or all of the following, as applicable, (i) the recognition of the shareholder servicing fees and distribution fees on a monthly basis as such fees are accrued, (ii) the exclusion of certain deferred tax liabilities that, although required to be recognized under GAAP, are not expected to be incurred by the Company based on anticipated income, available deductions and the timing of realization events, and (iii) the amortization of certain organizational and offering expenses over a 60-month period.

Apollo Asset Backed Credit Co. LLC published this content on July 24, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on July 24, 2026 at 21:00 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]