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

What Happened

• T. Rowe Price OHA Select Private Credit Fund announced regular distributions for August 2026 and filed an 8-K on August 28, 2026. The distributions are payable on or about September 30, 2026 to shareholders of record as of August 31, 2026 and may be taken in cash or reinvested under the fund’s distribution reinvestment plan. The filing also reported the fund’s July 31, 2026 net asset value (NAV), portfolio fair value, outstanding debt and the status of its continuous public offering.

Key Details

• Distribution per share (regular): Class I $0.2000 net; Class S $0.2000 gross with $0.0184 fee (net $0.1816); Class D $0.2000 gross with $0.0054 fee (net $0.1946).
• Record date/payable date: record on August 31, 2026; payable on/about September 30, 2026. Reinvestment plan available.
• NAV and balance sheet (as of July 31, 2026): NAV per share $25.97; aggregate NAV $1,604.4 million; investment portfolio fair value $3,110.0 million; principal debt outstanding $1,570.5 million; debt-to-equity ≈ 0.98x.
• Offering status (through Aug 3, 2026): continuous offering up to $2.5 billion. Shares issued: Class I 49,027,136 ($1,340.6M); Class S 4,605,079 ($126.1M); Class D 6,434,340 ($173.9M). (Does not include reinvestment-plan shares.)

Why It Matters

• For shareholders, the key takeaways are the declared per-share payouts and the option to receive cash or reinvest. For investors evaluating risk and leverage, the fund’s near‑1.0x debt-to-equity and $1.57B of principal debt are important context for assessing credit and liquidity exposure. The fund is actively raising capital through a continuing offering (up to $2.5B) and has issued over $1.6B of shares to date, which may affect growth and portfolio scale.