Oaktree Strategic Credit Fund 8-K

What Happened

• Oaktree Strategic Credit Fund filed an 8-K on February 25, 2026 announcing a regular distribution on its common shares and providing a January 31, 2026 net asset value (NAV) and portfolio update. The Board declared a gross distribution of $0.18 per share for all share classes, payable to holders of record as of February 25, 2026 and payable on or about March 27, 2026 (cash or reinvested for participants in the distribution reinvestment plan).
• The Fund reported NAV per share of $22.87 for all classes as of January 31, 2026 (determined February 24, 2026). Aggregate NAV was approximately $4.7 billion, portfolio fair value about $7.7 billion, outstanding debt roughly $3.1 billion, and net debt-to-equity leverage about 0.62x. NAV fell from $22.93 (Dec 31, 2025) to $22.87 (Jan 31, 2026).

Key Details

• Distribution: Gross $0.1800 per share; net amounts after servicing/distribution fees — Class I $0.1800, Class D $0.1752, Class S $0.1638, Class T $0.1638. Record date Feb 25, 2026; pay date ~Mar 27, 2026.
• NAV and portfolio (as of Jan 31, 2026): NAV/share $22.87; aggregate NAV ≈ $4.7B; investment portfolio fair value ≈ $7.7B; outstanding debt ≈ $3.1B; net debt-to-equity ≈ 0.62x.
• Offering status: Fund is continuously offering up to $5.0B in shares. To date (per filing) Private Offering—Class I: 21,056,002 shares for $504.6M. Public Offering totals: Class I 140,848,772 shares ($3,294.8M); Class D 402,424 shares ($9.3M); Class S 59,230,541 shares ($1,390.4M); Class T 171,262 shares ($3.9M).
• The Fund will post month-end NAVs on its website (osc.brookfieldoaktree.com) within 20 business days of month end.

Why It Matters

• Income investors should note the declared distribution amount ($0.18 gross per share) and the record/pay dates if they plan to buy or participate in the reinvestment plan.
• The NAV and portfolio figures give a snapshot of size and leverage: about $4.7B in NAV, $7.7B in portfolio assets and $3.1B in debt, with modest net leverage (~0.62x), which are key metrics for assessing the fund’s financial position and risk.
• The continued large-capacity offering (up to $5.0B) and recent share issuances show the Fund is actively raising capital, which can affect supply of shares and future distributions.