Oaktree Strategic Credit Fund Declares Sept 2026 Distribution; Posts Aug NAV

What Happened

• On September 24, 2026, Oaktree Strategic Credit Fund filed an 8-K announcing a regular distribution of $0.1600 gross per share and reporting its net asset value (NAV) as of August 31, 2026. The distribution is payable to shareholders of record on September 28, 2026 and will be paid on or about October 28, 2026 (cash or reinvested under the Fund’s reinvestment plan). The Fund also provided an NAV, portfolio and offering status update in the same filing.

Key Details

• Distribution per share (gross / fees / net):
  • Class I: $0.1600 gross, $0.0000 fee, $0.1600 net
  • Class D: $0.1600 gross, $0.0047 fee, $0.1553 net
  • Class S: $0.1600 gross, $0.0158 fee, $0.1442 net
  • Class T: $0.1600 gross, $0.0158 fee, $0.1442 net
• NAV and portfolio (as of August 31, 2026; determined Sept 24, 2026):
  • NAV per share: $22.32 for Classes I, D, S, T (up from $22.30 on July 31, 2026)
  • Aggregate NAV: ≈ $4.3 billion
  • Fair value of investment portfolio: ≈ $6.8 billion
  • Outstanding debt (principal): ≈ $2.6 billion
  • Net debt-to-equity leverage ratio: ≈ 0.58x
• Offering status:
  • Ongoing public Offering up to $5.0 billion in Shares; monthly sales expected to continue
  • Private Offering (Class I) sold 22,535,823 shares for $537.6 million
  • Offering sales to date: Class I 143,914,195 shares ($3,363.6M); Class D 402,799 shares ($9.3M); Class S 60,994,681 shares ($1,430.0M); Class T 306,567 shares ($7.0M)
• The Fund will post monthly NAV on its website within 20 business days of month end (website info not part of the 8-K).

Why It Matters

• Income: The declared $0.1600 per-share distribution is the immediate cash/income event for shareholders and defines the payout for record holders on Sept 28, 2026.
• Fund value and trends: NAV ticked up slightly from July to August, and the filing gives fresh portfolio size and leverage metrics (NAV ≈ $4.3B, leverage ≈ 0.58x), which help investors assess balance-sheet risk and performance.
• Capital raising: Continued public and private share sales increase the Fund’s capital base but may also affect share count and future per-share metrics; management expects ongoing monthly issuance.
• Transparency: Monthly NAV reporting on the Fund’s website provides more frequent visibility into portfolio value for investors (though the web disclosures are not incorporated into the 8-K).