Oaktree Strategic Credit Fund 8-K

What Happened
Oaktree Strategic Credit Fund filed an 8‑K on January 27, 2026 declaring a regular distribution and reporting net asset value (NAV) and portfolio metrics as of December 31, 2025. On January 26, 2026 the Fund’s Board declared a gross distribution of $0.1800 per share for all share classes, payable on or about February 26, 2026 to shareholders of record as of January 28, 2026 (cash or reinvested under the Fund’s reinvestment plan). The Fund also disclosed NAV per share of $22.93 for all classes as of December 31, 2025 (determined Jan 26, 2026).

Key Details

• Distribution per share (gross): $0.1800 for Class I, D, S and T. Net amounts after servicing/distribution fees:
  • Class I net: $0.1800 (no servicing fee)
  • Class D net: $0.1752 (fee $0.0048)
  • Class S net: $0.1638 (fee $0.0162)
  • Class T net: $0.1638 (fee $0.0162)
• NAV and portfolio (as of Dec 31, 2025): NAV aggregate ≈ $4.7 billion; NAV per share $22.93; investment portfolio fair value ≈ $7.4 billion; outstanding debt ≈ $2.8 billion; net debt‑to‑equity leverage ≈ 0.56x.
• NAV change: NAV per share decreased from $22.95 (Nov 30, 2025) to $22.93 (Dec 31, 2025).
• Offering status: Fund is publicly offering up to $5.0 billion in Shares and continues a private offering. Sales to date:
  • Private Offering (Class I): 20,400,121 shares for $489.6 million
  • Public Offering totals: Class I 139,712,629 shares ($3,268.8M); Class D 402,242 shares ($9.3M); Class S 58,764,515 shares ($1,379.8M); Class T 152,749 shares ($3.5M). The Fund intends to continue monthly sales.

Why It Matters
The filing gives investors the latest cash distribution details and an updated NAV/portfolio snapshot. The declared distribution and the modest NAV decline (from $22.95 to $22.93) provide current income and valuation context, while the portfolio size, leverage (0.56x), and ongoing share offerings indicate the Fund’s capital structure and continued fundraising activity. Investors should note record and payment dates, class‑specific net distribution amounts (due to servicing fees), and that monthly NAVs may be posted on the Fund’s website.