AB Private Lending Fund Reports NAV, Declares August Distribution

What Happened

• AB Private Lending Fund filed an 8‑K (Aug 20, 2026) reporting its net asset value as of July 31, 2026, declaring regular August 2026 distributions, and disclosing an unregistered sale of Class I common shares to feeder vehicles.
• Key figures reported: Class I NAV was $24.61 per share as of July 31, 2026; the fund’s aggregate NAV was approximately $163.0 million, the investment portfolio fair value about $373.3 million, and debt outstanding (principal) approximately $213.8 million. On Aug 20, 2026 the fund declared a $0.20 gross (and net) distribution per Class I share, payable on or about Sept 30, 2026 to holders of record as of Aug 31, 2026.

Key Details

• Unregistered sale: As of Aug 3, 2026 (finalized Aug 20, 2026) the Fund sold 40,519 Class I shares to feeder vehicles for $997,188; the sale was exempt under Section 4(a)(2) and/or Regulation S.
• Private Offering totals: Through the private offering the Fund has issued 6,778,505 Class I shares for total consideration of $170,032,614.58 (does not include shares from the reinvestment plan).
• Offering status: The Fund is conducting a continuous public offering of up to $1.0 billion in Shares and intends to continue selling Shares monthly.
• Distribution details: Class I distribution $0.20/share; Classes S and D listed as N/A. Distributions payable in cash or reinvested under the Fund’s reinvestment plan.

Why It Matters

• Income: The declared $0.20 distribution for Class I shareholders affects cash yield for investors or the number of shares received under reinvestment.
• Fund size and leverage: Reported NAV, portfolio fair value, and ~$213.8M of principal debt give investors concrete figures to assess the fund’s scale and leverage.
• Capital raising and dilution: Ongoing public offering and the private issuance of Class I shares (including the feeder‑vehicle sale) increase capital and can affect shares outstanding and investor ownership over time.
• Transparency: The filing provides timely NAV, distribution, and capital‑raising details that retail investors can use to evaluate current income expectations and the fund’s financial position.