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T. Rowe Price OHA Select Private Credit Fund·8-K

Jul 29, 4:39 PM ET

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T. Rowe Price OHA Select Private Credit Fund 8-K

Research Summary

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T. Rowe Price OHA Select Private Credit Fund Declares July 2026 Distributions

What Happened

  • T. Rowe Price OHA Select Private Credit Fund announced on July 28, 2026 that it declared regular distributions of $0.2000 per share for each class of its common shares. The distributions are payable on or about August 31, 2026 to shareholders of record as of July 31, 2026 and may be paid in cash or reinvested under the fund’s distribution reinvestment plan.
  • The fund reported a net asset value (NAV) per share of $25.96 as of June 30, 2026. As of that date, aggregate NAV was $1,641.8 million, the investment portfolio fair value was $3,100.8 million, and principal debt outstanding was $1,518.7 million (debt-to-equity ≈ 0.93x). The fund is conducting a continuous public offering of up to $2.5 billion in shares.

Key Details

  • Distribution declared (gross) for July 2026: $0.2000 per share for Class I, Class S, and Class D.
  • Net distributions after shareholder servicing/distribution fees:
    • Class I: $0.2000 (no servicing/distribution fee)
    • Class S: $0.1816 (fee $0.0184)
    • Class D: $0.1946 (fee $0.0054)
  • Record date: July 31, 2026; Payment date: on or about August 31, 2026.
  • Offering status and capital raised through July 1, 2026:
    • Class I: 48,887,512 shares; $1,336.9 million total consideration
    • Class S: 4,586,675 shares; $125.6 million
    • Class D: 6,355,715 shares; $171.8 million

Why It Matters

  • The declared distributions provide near-term cash (or reinvestment) income to shareholders and specify the record and payment dates investors must meet to receive the payout. Differences in net distribution reflect class-specific servicing/distribution fees.
  • The June 30 NAV, portfolio fair value, and debt levels give a snapshot of the fund’s financial position and leverage (debt-to-equity ~0.93x), which are important for assessing risk and income sustainability.
  • Ongoing offering activity (up to $2.5 billion) shows the fund is continuing to raise capital; new share issuance and use of a reinvestment plan can affect supply of shares and investors’ proportional holdings.