PGIM Private Credit Fund Declares Sept 2026 Distributions, Reports NAV

What Happened

• On September 28, 2026, PGIM Private Credit Fund (the Fund) announced regular cash or DRIP-eligible distributions for its share classes and reported net asset values as of August 31, 2026.
• Distributions declared: Class S $0.16851/share, Class D $0.18050/share, Class I $0.18550/share; payable on or about October 28, 2026 to holders of record at the open of business on September 30, 2026.
• NAVs as of August 31, 2026: Class S $24.85, Class D $24.76, Class I $24.28. Aggregate NAV was $308.3 million; the portfolio fair value was $464.7 million and debt outstanding (principal) was $176.2 million. The Fund is continuing a continuous public Offering up to $2.5 billion and also has completed private (Section 4(a)(2)) sales.

Key Details

• Distribution amounts: Class S $0.16851, Class D $0.18050, Class I $0.18550 per share. Record date: Sept 30, 2026; payment date: on/about Oct 28, 2026.
• NAVs (Aug 31, 2026): S $24.85, D $24.76, I $24.28; aggregate NAV $308.3M. Portfolio fair value $464.7M; debt outstanding $176.2M (principal).
• Offering status and issuance (totaling Offering + Private Offering): 11,593,896 shares issued for $290,193,009 in total consideration; Fund continues monthly sales and remains authorized to offer up to $2.5 billion in Shares.
• Disclosure filed under Items 7.01 (Regulation FD disclosure) and 8.01 (Other Events) on Sept 28, 2026; signed by Elyse M. McLaughlin, Treasurer and Principal Accounting Officer.

Why It Matters

• Distributions are the immediate cash return (or reinvestment option) investors receive and the declared amounts and dates are material for income-focused shareholders.
• The reported NAVs, portfolio fair value and debt level give investors a snapshot of the Fund’s size, asset valuation and leverage as of Aug 31, 2026.
• Ongoing public and private offerings (and the remaining $2.5B capacity) indicate the Fund is actively raising capital, which can affect future asset growth, diversification and fee/income dynamics. Investors should note the record/payment dates and consider how distributions and offering activity fit their investment goals.