Oaktree Strategic Credit Fund Declares Aug 2026 Distribution; NAV Update

What Happened Oaktree Strategic Credit Fund announced on August 25, 2026 that its Board declared a regular distribution of $0.1600 gross per share for all share classes, payable on or about September 28, 2026 to holders of record as of August 27, 2026. The Fund also reported its net asset value (NAV) per share as of July 31, 2026 (determined August 25, 2026) and provided a portfolio and offering status update.

Key Details

• Distribution: Gross distribution of $0.1600 per share for Class I, D, S and T.
  • Net after shareholder servicing/distribution fees: Class I $0.1600; Class D $0.1554; Class S $0.1442; Class T $0.1442.
  • Payable in cash or reinvested under the Fund’s DRIP; record date Aug 27, 2026; pay date on/about Sept 28, 2026.
• NAV & portfolio (as of July 31, 2026): NAV per share $22.30 for all classes (down from $22.32 on June 30).
  • Aggregate NAV ≈ $4.3 billion; investment portfolio fair value ≈ $6.8 billion; outstanding debt ≈ $2.7 billion; net debt-to-equity ≈ 0.59x.
• Offering status: Continuous public offering up to $5.0 billion. Private Offering sales (Class I) of 22,535,823 shares for $537.6M. Public Offering sales as of filing: Class I 143,766,228 shares ($3,360.4M); Class D 402,799 shares ($9.3M); Class S 60,739,797 shares ($1,424.3M); Class T 296,036 shares ($6.7M). The Fund intends to continue monthly share sales.
• The Fund will post month-end NAV on its website (osc.brookfieldoaktree.com) within 20 business days of month end; website info is not incorporated into the 8-K.

Why It Matters

• Income: The declared distribution is the immediate cash (or reinvestment) return shareholders will receive next month and shows the Fund’s current payout level ($0.1600 gross/share).
• Performance & risk snapshot: A slight NAV decline ($0.02 per share) and the reported leverage (net debt-to-equity ~0.59x) give investors a quick view of recent NAV trends and the Fund’s leverage position.
• Capital activity: Ongoing public and private share sales raise capital but may dilute existing holders; tracking offering volumes helps assess future supply of shares and Fund growth funding.