Blue Owl Tech Income Declares Distribution; Reports Private Class I Share Sale

What Happened Blue Owl Technology Income Corp. filed an 8‑K on September 23, 2026. The company’s board (on August 4, 2026) declared a monthly distribution payable on or before October 30, 2026 and November 30, 2026 to shareholders of record as of September 30, 2026 and October 30, 2026. The company also reported an unregistered sale of Class I common stock (the “Private Offering”) to feeder vehicles; as of September 1, 2026 (finalized September 23), 89,128 Class I shares were sold for $869,000 under Section 4(a)(2) and/or Regulation S exemptions.

Key Details

• Distribution per share (gross): $0.074775 for all classes; net per share after servicing fees — Class S $0.067963, Class D $0.072772, Class I $0.074775. Record dates: Sep 30 and Oct 30, 2026. Payable on or before Oct 30 and Nov 30, 2026.
• Offering and Private Offering totals (as of filing): 396,521,957 shares issued; $4,067,535,551 total consideration. Public offering (continuous) cap: up to $5.0 billion.
  • Public offering issued: Class S 94,962,552 ($981,563,473); Class D 3,430,023 ($35,054,508); Class I 44,791,129 ($459,873,835).
  • Private Offering Class I: 253,338,253 shares ($2,591,043,735).
• NAV and public offering price: aggregate NAV $2.7 billion; NAV per share (Aug 31, 2026) $9.75 for all classes. September 1, 2026 public offering price set at Aug 31 NAV plus any applicable upfront sales load.
• Performance & distributions: Class I total net return (as of Aug 31, 2026) — 1‑month 31.6%, 3‑month 1.4%, YTD (‑0.2%), 1‑yr 2.9%, 3‑yr 7.9%, inception‑to‑date 9.0%. Annualized distribution rate for Class I (as of Aug 31) 9.2%.
• Portfolio, leverage & liquidity: portfolio fair value ~$5.0 billion across 168 companies; net leverage ~0.83x debt‑to‑equity (avg 0.84x month‑to‑date); available liquidity $1.2 billion. Committed debt capacity $3,545M with $2,362M outstanding; revolver amended Sept 10, 2026, reduced from $1,050M to $975M.
• Portfolio mix (by fair value): 87.2% first‑lien debt, 4.0% second‑lien, 1.3% unsecured debt, equity and other holdings making up remaining allocation; ~98.3% of debt investments are floating rate.

Why It Matters

• Income and cash flow: The declared monthly distributions and an indicated 9.2% annualized distribution rate for Class I are key for income‑focused investors; amounts differ by share class due to servicing fees. The board’s declaration signals continued return of cash to holders but is discretionary and may be funded from various sources.
• Capital raising & ownership: The company continues both a public offering (up to $5.0B) and a substantial Private Offering (over 253M Class I shares sold privately). The disclosed unregistered sale (89,128 Class I shares for $869K) is part of that private placement activity and reflects ongoing fundraising and feeder‑vehicle participation.
• Financial position: NAV of $9.75 per share and aggregate NAV of $2.7B, $1.2B liquidity and moderate leverage (~0.83x) provide context on balance sheet flexibility. The revolver amendment (reduced facility size, extended maturities) and high proportion of floating‑rate debt are important for assessing interest‑rate and liquidity risk.
• Performance context: Recent strong short‑term Class I return (notably the 1‑month figure) and longer‑term returns vs. benchmarks are reported, but the filing cautions past performance is not predictive of future results and distributions may be reduced or suspended.

For more detail, retail investors should review the full 8‑K and the company’s ongoing SEC filings at sec.gov.