Oaktree Strategic Credit Fund 8-K

What Happened

• Oaktree Strategic Credit Fund announced a regular distribution declared May 26, 2026, payable on or about June 26, 2026 to shareholders of record as of May 27, 2026. The Fund will pay cash or reinvest distributions for participants in its reinvestment plan.
• The Fund also reported its net asset value (NAV) per share as of April 30, 2026 (determined May 26, 2026) and provided a portfolio and offering update in the same 8-K filing.

Key Details

• Distribution per share (gross / servicing fee / net):
  • Class I: $0.1600 gross, $0.0000 fee, $0.1600 net
  • Class D: $0.1600 gross, $0.0047 fee, $0.1553 net
  • Class S: $0.1600 gross, $0.0159 fee, $0.1441 net
  • Class T: $0.1600 gross, $0.0159 fee, $0.1441 net
• NAV and portfolio as of April 30, 2026:
  • NAV per share: $22.39 for all classes (up from $22.38 on March 31, 2026)
  • Aggregate NAV: ~ $4.4 billion
  • Fair value of investment portfolio: ~ $7.0 billion
  • Outstanding principal amount of debt: ~ $3.0 billion
  • Net debt-to-equity leverage ratio: ~ 0.63x
• Offering status and share issuance (as of filing):
  • Ongoing public Offering up to $5.0 billion in Shares.
  • Private Offering (Class I): 21,056,002 shares for $504.6 million.
  • Public Offering totals: Class I 142,964,509 shares ($3,342.4M); Class D 402,799 shares ($9.3M); Class S 59,970,319 shares ($1,407.1M); Class T 217,226 shares ($5.0M).

Why It Matters

• The declared distribution is a cash return to shareholders and affects near-term income expectations for investors depending on class and whether they reinvest.
• The slight NAV increase to $22.39 and the disclosed portfolio and leverage figures ($7.0B portfolio, $3.0B debt, 0.63x leverage) give investors a current snapshot of the Fund’s size, valuation and capital structure.
• Ongoing share issuance (public Offering up to $5.0B plus private sales) can affect future NAV dilution and capital available for investments; investors should monitor future monthly NAV postings on the Fund’s website for updated performance and portfolio changes.