PGIM Private Credit Fund 8-K

What Happened
PGIM Private Credit Fund (the Fund) announced regular distributions for its share classes on May 26, 2026 and reported net asset value (NAV) and portfolio figures as of April 30, 2026 in an 8-K filing. The Fund declared per-share regular distributions of $0.19506 (Class S), $0.20732 (Class D) and $0.21243 (Class I). Shareholders of record at the open of business on May 29, 2026 will receive the distributions on or about June 26, 2026, payable in cash or reinvested under the Fund’s DRIP. The Fund reported NAV per share of $25.36 (Class S), $25.28 (Class D) and $24.79 (Class I) as of April 30, 2026; aggregate NAV was $270.7 million, the investment portfolio fair value was $405.0 million, and principal debt outstanding was $163.5 million.

Key Details

• Distribution declaration date: May 26, 2026; record date: May 29, 2026; payment ~June 26, 2026.
• Per-share regular distributions: Class S $0.19506; Class D $0.20732; Class I $0.21243.
• April 30, 2026 balances: Aggregate NAV $270.7M; portfolio fair value $405.0M; debt outstanding $163.5M.
• Offering status: continuous public offering up to $2.5B. Shares issued (Offering + Private Offering) total 9,557,788 with total consideration ~$240.13M (breakdowns by class provided in the filing).

Why It Matters
For income-seeking investors, the declared distributions indicate the cash (or reinvestment) payout for late May/June 2026. The NAV and portfolio figures give a snapshot of the Fund’s size and funding: the fund shows a larger portfolio fair value than NAV and has material outstanding debt ($163.5M at principal), which is relevant to understanding leverage and coverage of distributions. The ongoing offering (up to $2.5B) and recent share sales show the Fund is raising capital, which can affect future asset growth and dilution for existing holders.