8-K: PGIM Private Credit Fund Declares March Distributions

PGIM Private Credit Fund announced its March 2026 regular distributions for all share classes and updated its Net Asset Value and offering status.

Summary

• Declared regular distributions for March 2026 for Class S, Class D, and Class I shares.
• Class S Common Shares distribution: $0.19506 per share.
• Class D Common Shares distribution: $0.20732 per share.
• Class I Common Shares distribution: $0.21243 per share.
• Distributions are payable to shareholders of record as of the open of business on March 31, 2026, and will be paid on or about April 24, 2026.
• Net Asset Value (NAV) per share as of February 28, 2026: Class S $25.33, Class D $25.26, Class I $24.77.
• As of February 28, 2026, the Fund's aggregate NAV was $255.5 million.
• The fair value of the investment portfolio was $371.7 million, with $151.5 million of debt outstanding (at principal).
• The Fund is publicly offering up to $2.5 billion in Shares on a continuous basis.
• Total shares issued through the Offering and Private Offering amounted to 9,214,402 shares, with total consideration of $231,580,995.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a positive routine update, demonstrating consistent operations and shareholder returns through distributions, alongside ongoing capital raising efforts.

Positives

• Consistent declaration of regular distributions provides predictable income to shareholders.
• Ongoing public and private offerings demonstrate continued capital raising and investor interest in the Fund.

Future Outlook

The Fund intends to continue selling Shares in both the public Offering and the Private Offering on a monthly basis.

Management Comments

• No direct quotes from management were provided in this routine filing.

Industry Context

StockSavvy.ai notes that the consistent declaration of distributions and ongoing capital raising efforts are typical for private credit funds, which aim to provide regular income to investors while continuously deploying capital into new credit opportunities. The reported NAVs and offering status reflect the fund's operational continuity in the alternative investment space.

Stakeholder Impact

• Shareholders: Receive regular distributions and updated Net Asset Value information, contributing to investment transparency and income.
• Potential Investors: Provided with current details on the Fund's ongoing public and private offerings, aiding investment decisions.

Next Steps

• Distributions are scheduled to be paid on or about April 24, 2026.
• The Fund intends to continue selling Shares in the Offering and Private Offering on a monthly basis.

Key Dates

Recommendation

This 8-K is a routine operational update detailing regular distributions and current NAVs, along with ongoing capital raising. It provides no new material information that would warrant a change in investment thesis, thus a 'hold' recommendation is appropriate for existing investors.

Keywords

PGIM Private Credit Fund, distributions, NAV, net asset value, private credit, alternative investments, 8-K, SEC filing, investment fund, share classes, offering