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PR Newswire·

T. ROWE PRICE OHA SELECT PRIVATE CREDIT FUND ANNOUNCES JUNE 30, 2026 FINANCIAL RESULTS AND DECLARED TOTAL DISTRIBUTIONS OF $0.60 PER SHARE IN Q2 2026

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  • T. Rowe Price OHA Select Private Credit Fund (OCREDIT) reported financial results & declared total distributions of $0.60 per share for the quarter ended June 30, 2026.
  • The fund added 7 new portfolio companies in Q2 2026, resulting in nearly $124.0 million in net portfolio growth.
  • OCREDIT's investment portfolio reached $3.1 billion in fair value, comprising 144 companies across 25 sectors with a weighted average yield at cost of 9.8%.
  • Net investment income per share was $0.61, earnings per share were $0.41, & the net asset value per share as of June 30, 2026, was $25.96.
  • Gross investment fundings totaled $176.1 million, while debt-to-equity remained consistent at 0.93x.
  • The company had total net debt of $1,522.5 million with a weighted average interest rate of 6.0% as of the quarter end.
  • OCREDIT issued common shares during Q2 2026 for total proceeds of $32.4 million across Class I, S, & D shares.
  • From July 1, 2026, through August 13, 2026, the company received an additional $14.8 million in proceeds from its public offering.
  • On July 2, 2026, the company issued $400.0 million in notes due July 2, 2031, at a fixed interest rate of 6.50%.
  • A distribution of $0.20 per share was declared on July 28, 2026, payable around August 31, 2026, to shareholders of record as of July 31, 2026.
  • The investment portfolio consisted of 90.8% first lien loans, 7.1% second lien loans, 1.4% preferred equity, 0.2% common stocks, & 0.5% asset-backed securities.
  • 97.0% of debt investments were at floating rates, with one debt investment of $29.4 million cost placed on non-accrual status.
  • Inception-to-date annualized total return was 10.58%, while the annualized distribution rate stood at 9.2% as of June 30, 2026.