Exhibit 99.1

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 July 31, 2025. The following table provides a breakdown of the major components of our Net Asset Value as of July 31, 2025 ($ in thousands, except shares):


Components of Net Asset Value
Investments at Fair Value (cost of $910,723)	$	918,900
Cash and cash equivalents		84,066
Other assets		24,525
Other liabilities		(85,887	)
Distribution payable		(4,738	)
Accrued performance fee		(2,086	)
Management fee payable		(491	)
Net Asset Value	$	934,289
Number of outstanding shares		36,460,527

The following table provides a breakdown of our total Net Asset Value and our Net Asset Value per share by type as of July 31, 2025 ($ in thousands, except shares and per share data):


Type	Monthly Net Asset Value		Number of Outstanding Shares		Net Asset Value per share as of July 31, 2025
Series I
A-I Shares	$	35,055		1,385,269	$	25.31
F-I Shares	$	66,894		2,627,886	$	25.46
F-S Shares	$	3		110	$	25.48
P-I Shares	$	3		110	$	25.10
P-S Shares	$	4,515		179,929	$	25.09
E Shares	$	150		5,864	$	25.63
T-I Shares	$	49,532		1,928,288	$	25.69
T-S Shares	$	48,650		1,896,491	$	25.65
V Shares	$	1		40	$	25.70
Series II
A-I Shares	$	56,394		2,218,529	$	25.42
I Shares	$	4,154		160,778	$	25.84
F-I Shares	$	218,645		8,543,436	$	25.59
F-S Shares	$	3		110	$	25.57
P-I Shares	$	1,338		51,296	$	26.08
P-S Shares	$	136,374		5,306,582	$	25.70
E Shares	$	54,682		2,175,616	$	25.13
T-I Shares	$	67,523		2,605,595	$	25.91
T-S Shares	$	105,434		4,092,304	$	25.76
V Shares	$	1		40	$	25.60
BD Shares	$	84,938		3,282,254	$	25.88
Total	$	934,289		36,460,527

Apollo Asset Backed Credit Co LLC 8-K