No actionable trading signal — this is a standard monthly distribution declaration and NAV update for a non-traded BDC. Monitor the fund's leverage ratio (60% debt/portfolio) and NAV stability for credit risk, but no immediate catalyst.
Price Chart
Executive Summary
PGIM Private Credit Fund declared regular monthly distributions for May 2026 across all share classes (Class S: $0.19506, Class D: $0.20732, Class I: $0.21243) payable June 26, 2026. The fund also disclosed an aggregate NAV of $270.7M as of April 30, 2026, with a $405.0M investment portfolio and $163.5M in debt, and continues its ongoing $2.5B offering with $240.1M raised to date. This is a routine operational update with no material new information.
Key Facts
- May 2026 distributions declared: Class S $0.19506, Class D $0.20732, Class I $0.21243 per share
- Distributions payable to shareholders of record May 29, 2026, paid on or about June 26, 2026
- Aggregate NAV as of April 30, 2026: $270.7 million
- Investment portfolio fair value: $405.0 million
- Debt outstanding (at principal): $163.5 million
- NAV per share as of April 30, 2026: Class S $25.36, Class D $25.28, Class I $24.79
- Continuous public offering up to $2.5 billion in shares ongoing; $240.1 million total consideration raised to date across offering and private placement
- 9,557,788 total shares issued across both offerings (excluding DRIP)
Financial Impact
Routine monthly distribution declaration and NAV update; no material financial impact. Aggregate NAV $270.7M, debt $163.5M, leverage ratio ~60%.
Risk Factors
- Leverage ratio of ~60% (debt/portfolio) exposes NAV to credit market volatility
- Continuous offering dilutes existing shareholders if NAV declines
- No public trading market for shares limits liquidity
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-245027 |
| Document: 0001193125-26-245027-index-headers.html | 0001193125-26-245027 |
| Document: 0001193125-26-245027-index.html | 0001193125-26-245027 |
| Document: 0001193125-26-245027.txt | 0001193125-26-245027 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | 8-K | — | awaiting T+20 | — | — |
Sep 29, 2026 28d ago | SC TO-I | — | awaiting T+20 | — | — |
Sep 28, 2026 29d ago | 8-K | — | awaiting T+20 | — | — |
Sep 24, 2026 4w ago | 8-K | — | awaiting T+20 | — | — |
Jun 30, 2026 16w ago | 8-K | — | awaiting T+20 | — | — |
May 28, 2026 21w ago | 8-K | — | awaiting T+20 | — | — |
May 8, 2026 24w ago | 8-K | — | awaiting T+20 | — | — |
Apr 28, 2026 25w ago | 8-K | — | awaiting T+20 | — | — |
Feb 24, 2026 34w ago | 8-K | — | awaiting T+20 | — | — |
US Market Status
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