T. Rowe Price OHA Select Private Credit Fund reports June 30, 2026 results, declares $0.60 Q2 distribution

T. Rowe Price OHA Select Private Credit Fund reported second-quarter 2026 net investment income of $38.3 million, or $0.61 per share, earnings per share of $0.41 and total distributions of $0.60 per share, equivalent to a 9.2% annualized distribution rate, while net asset value per share slipped to $25.96 from $26.15 at March 31. The fund said its portfolio grew by a net $124.0 million after $176.1 million of fundings and $52.1 million of repayments and sales, ending June with $3.1 billion of investments across 144 portfolio companies in 25 sectors and a weighted average yield at cost of 9.8%. First-lien loans made up 90.8% of the portfolio at fair value, 97.0% of debt investments were floating-rate, one debt investment was on non-accrual status with a $29.4 million cost and $16.0 million fair value, and debt-to-equity held at 0.93x while total net debt outstanding was $1.5225 billion at a weighted average interest rate of 6.0%. After quarter-end, OCREDIT issued $400.0 million of 6.50% notes due July 2, 2031, while share sales and its public offering brought in additional capital.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.