PGIM Private Credit Fund Declares Aug 2026 Distributions, Reports NAV

What Happened
PGIM Private Credit Fund (the “Fund”) filed an 8-K (Aug. 31, 2026) disclosing: (1) regular distributions declared on Aug. 27, 2026 for Class S, D and I shares payable on or about Sept. 28, 2026; and (2) the Fund’s net asset value (NAV) and portfolio and financing metrics as of July 31, 2026. The filing also updates the status of the Fund’s continuous public Offering (up to $2.5 billion) and a concurrent Private Offering.

Key Details

• Distributions declared (per share): Class S $0.16851; Class D $0.18050; Class I $0.18550. Record date: Aug. 31, 2026; pay/reinvest date: on/about Sept. 28, 2026. Payments available in cash or via the Fund’s DRIP.
• NAVs as of July 31, 2026: Class S $24.89; Class D $24.80; Class I $24.32. Aggregate NAV: $298.2 million.
• Portfolio and debt (July 31, 2026): fair value of investments $453.0 million; debt outstanding (principal) $159.6 million.
• Offering status and shares issued to date: the Fund is selling Shares continuously (up to $2.5B). Shares issued (Offering + Private Offering) total 11,218,031 for total consideration of $281,067,009 (breakouts by class provided in the filing). The Fund intends to continue monthly sales; DRIP sales not included in the table.

Why It Matters

• Income: The declared distributions set the short-term cash return for shareholders (or reinvestment amounts for DRIP participants) and are material for income-focused investors.
• Financial position: The filing gives a snapshot of NAV, portfolio fair value and the Fund’s leverage (debt principal of $159.6M vs. $298.2M aggregate NAV and $453.0M portfolio), information investors use to assess risk and capital structure.
• Capital raising: Continued public and private share sales affect future asset growth and dilution potential; the Fund plans ongoing monthly sales and is actively raising capital up to its $2.5B offering limit.