Audax Private Credit Fund Reports May 31, 2026 NAV

What Happened

• Audax Private Credit Fund, LLC filed an 8-K (Item 8.01) on July 15, 2026 reporting its net asset value (NAV) per share as of May 31, 2026. The NAV per share was $24.962. As of that date the fund’s aggregate NAV was $572.4 million, the fair value of its investment portfolio was $1,081.1 million, and principal debt outstanding totaled $550.4 million, yielding a debt-to-equity ratio of approximately 0.96x.

Key Details

• NAV per share (May 31, 2026): $24.962
• Aggregate NAV: $572.4 million
• Fair value of investment portfolio: $1,081.1 million
• Principal debt outstanding: $550.4 million; debt-to-equity ≈ 0.96x

Why It Matters

• NAV per share is the fund’s reported per-share value and is a primary measure investors use to assess share value relative to market price.
• The fund’s portfolio value relative to outstanding debt (debt-to-equity ~0.96x) shows the current leverage level and the cushion of assets supporting liabilities.
• These figures give shareholders and prospective investors a snapshot of the fund’s size, leverage and asset backing as of May 31, 2026; they are factual inputs investors use when evaluating risk and valuation.