Market Overview

Griffin Institutional Access® Credit Fund Announces Third Consecutive Increase in Quarterly Distribution Rate


Griffin Capital Experiencing Increased Demand in Investors Flows

Griffin Capital Company, LLC announced on behalf of Griffin
Institutional Access Credit Fund (the "Fund," NASDAQ: CRDTX, CGCCX,
CRDIX, CRDLX) the payment of the third quarter distribution which
occurred on October 1, 2018. This most recent payment represented an
annualized rate of 6.49% for Class A, 6.50% for Class C, 6.49% for Class
I, 6.54% for Class L, and 6.46% for Class F.

"This marks the third consecutive increase in the Fund's quarterly
distribution rate," said Randy I. Anderson, Ph.D., CRE, President of
Griffin Capital Asset Management Company. "We are pleased with the
portfolio buildout and our performance to date and believe that the Fund
offers investors a compelling investment opportunity in the face of
rising rates and increased volatility."

Along with an increased distribution rate for the Fund, Griffin Capital
also reports an increase in investor flows.

"Our third quarter investor inflows increased 41 percent from the second
quarter and 106 percent from the first quarter for Griffin Institutional
Access Credit Fund," Mark Goldberg, CEO of Griffin Capital Securities
said. "We continue to observe a growing appetite for diversification in
fixed income portfolios among investors."

The firm's investment strategies include alternative investments which
seek to provide investors with durable income, diversification and low
correlation to the broader equity markets. The firm offers investment
solutions that provide investors with access to institutional
opportunities across both the real estate and alternative credit
sectors. Through its subsidiaries, Griffin manages, sponsors or
co-sponsors a family of investments that include Griffin Institutional
Access® Real Estate Fund, Griffin Institutional Access® Credit Fund,
Griffin Capital Essential Asset® REIT I and II, Griffin American
Healthcare REIT IV, and Phillips Edison Grocery Center REIT III.

About Griffin Institutional Access Credit Fund

Griffin Institutional Access Credit Fund (the "Fund," tickers: CRDTX,
CGCCX, CRDIX, CRDLX), a closed-end, interval fund registered under the
Investment Company Act of 1940, is an actively managed, diversified
portfolio of credit instruments, which may include bank loans,
high-yield bonds, structured credit, middle-market direct lending, and
non-performing loans. The Fund offers daily pricing and periodic
liquidity at net asset value, and the Fund will make quarterly offers to
repurchase between five percent and 25 percent of its outstanding shares
at net asset value. The Fund began reporting on NASDAQ on April 3, 2017
with an initial share price of $25.00 and reported a share price of
$25.04 for Class A, $25.04 for Class C, $25.04, for Class I, $25.04 for
Class L, and $25.05 for Class F as of September 28, 2018. Class F shares
are not available to the general public. The Fund's investment adviser
is Griffin Capital Credit Advisor, LLC (the "Adviser"), an SEC
registered investment adviser under the Investment Advisers Act of 1940,
as amended (the "Advisers Act"). The Adviser is a majority owned
subsidiary of Griffin Capital Company, LLC. The Adviser has engaged BCSF
Advisors, LP, an SEC registered investment adviser under the Advisers
Act, to provide ongoing research, opinions and recommendations regarding
the Fund's investment portfolio. BCSF is an affiliate of Bain Capital
Credit, LP.

About Griffin Capital Company, LLC

Griffin Capital Company, LLC ("Griffin Capital") is a leading
alternative investment asset manager that owns, manages, sponsors or
co/sponsors approximately $11.2 billion* in assets. Founded in 1995, the
privately held firm is led by a seasoned team of senior executives with
more than two decades of investment and real estate experience and who
collectively have executed more than 650 transactions valued at over $22

The firm manages, sponsors or co-sponsors a suite of carefully curated,
institutional quality investment solutions distributed by Griffin
Capital Securities, LLC to retail investors through a community of
partners, including independent and insurance broker-dealers,
wirehouses, registered investment advisory firms and the financial
advisors who work with these enterprises.

Additional information is available at

*Includes the property information related to interests held in certain
joint ventures. As of September 30, 2018.

This is neither an offer to sell nor a solicitation to purchase any
security. Investors should carefully consider the investment objectives,
risks, charges and expense of Griffin Institutional Access Credit Fund
(the "Fund"). This and other important information about the Fund is
contained in the prospectus, which can be obtained by contacting your
financial advisor or visiting
Please read the prospectus carefully before investing.

Griffin Institutional Access Credit Fund Risk Considerations

As of September 30, 2018, the Fund's annualized return since
inception for Class I shares was 5.39%. The Fund's inception date was
April 3, 2017. The total gross expense ratio is 5.15% for Class A, 6.25%
for Class C, 5.62% for Class I, and 4.17% for Class L. Performance data
quoted represents past performance. Past performance is no guarantee of
future results and investment returns and principal value of the Fund
will fluctuate so that shares, when redeemed, may be worth more or less
than their original cost. Current performance may be lower or higher
than performance data quoted. The maximum sales charge is 5.75% for
Class A shares and 4.25% for Class L shares. Class C shareholders may be
subject to a contingent deferred sales charge equal to 1.00% of the
original purchase price of Class C shares redeemed during the first 365
days after their purchase.

The Fund has contractually agreed to waive its fees to the extent
that they exceed 2.60% for Class A, 3.35% for Class C, 2.35% for Class
I, and 2.85% for Class L until April 30, 2019. Without the waiver the
expenses would have been higher. Additionally, since the commencement of
Fund operations, the Adviser has voluntarily absorbed all of the
operating expenses of the Fund. The Adviser will continue to bear such
expenses on a going forward basis in its discretion and is under no
obligation to continue to do so for any specified period of time. Fund
returns, and distribution rates, would have been lower had expenses,
such as management fees, not been waived during the period.

Performance data quoted represents past performance. Past
performance is no guarantee of future results. Investing in the Fund
involves risks. Investment returns and principal value of the Fund will
fluctuate so that shares, when redeemed, may be worth more or less than
their original cost. Current performance may be lower or higher than
performance data quoted. Visit
for current performance.

Distribution rates are not performance and reflect the current
quarter's cumulative distribution rate when annualized. The cumulative
distribution rate for the quarter presented represents the sum of the
daily dividend distribution rate as calculated by dividing the daily
dividend per share by the daily net asset value per share, for each
respective class, for each day in the quarter for which a daily dividend
is declared. Distributions are not guaranteed.

The Fund's distribution policy is to make quarterly distributions to
shareholders. The Fund intends to declare and pay distributions from its
net investment income, however, the amount of distributions that the
Fund may pay, if any, is uncertain. Distributions may be comprised of
ordinary income, net capital gains, and/or a return of capital (ROC) of
your investment in the Fund. Because the distribution rate may include a
ROC, it should not be confused with yield or income. Shareholders
should not assume that the source of a distribution from the Fund is net
profit. The Fund's distributions may be affected by numerous factors,
including but not limited to changes in realized and projected market
returns, fluctuations in market interest rates, Fund performance, and
other factors. There can be no assurance that a change in market
conditions or other factors will not result in a change in the Fund's
distribution rate or that the rate will be sustainable in the
future. Please refer to the Fund's most recent Section 19(a) notice, if
applicable, at
for additional information regarding the composition of distributions.
Shareholders should note that return of capital will reduce the tax
basis of their shares and potentially increase the taxable gain, if any,
upon disposition of their shares. Distributions are not guaranteed.

The Fund is a closed-end interval fund, the shares have no history of
public trading, nor is it intended that the shares will be listed on a
public exchange at this time. No secondary market is expected to develop
for the Fund's shares. Limited liquidity is provided to shareholders
only through the Fund's quarterly repurchase offers for no less than 5%
and no more than 25% of the Fund's shares outstanding at net asset value.

Griffin Institutional Access Credit Fund is distributed by ALPS
Distributors, Inc. ALPS Distributors, Inc. is not affiliated with either
Griffin Capital or any of its affiliates.

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