Oaktree Strategic Credit Fund

Credit facility new or amended: 14 occurrence(s), 2022-03-25 to 2025-07-25
Most recent (2025-07-25): On July 25, 2025, Oaktree Strategic Credit Fund (the “Company”) entered into an Omnibus Amendment to Transaction Documents and Fourth Amendment (collectively, the “Amendment”) to Loan Financing and Servicing Agreement, dated as of February 15, 2024 (as amended and restated, the “Loan Agreement”), among OSCF Lending IV SPV, LLC, as borrower, the Company, as servicer, Deutsche Bank National Trust Company, as the resigning collateral agent, as the resigning collateral custodian and resigning securities intermediary, Computershare Trust Company, N.A., as the successor collateral agent and the successor collateral custodian, each lender party thereto and Deutsche Bank AG, New York Branch, as facility agent.

Net investment income covered only 77% of distributions in the period ended 2025-06-30; the gap was funded from capital or gains.
Net investment income covered only 77% of distributions in the period ended 2025-06-30; the gap was funded from capital or gains. (Rule C21: Distribution coverage: distribution_nii_coverage < 100%; Notify.)

Net investment income covered only 85% of distributions in the period ended 2025-03-31; the gap was funded from capital or gains.
Net investment income covered only 85% of distributions in the period ended 2025-03-31; the gap was funded from capital or gains. (Rule C21: Distribution coverage: distribution_nii_coverage < 100%; Notify.)

Net investment income covered only 87% of distributions in the period ended 2024-12-31; the gap was funded from capital or gains.
Net investment income covered only 87% of distributions in the period ended 2024-12-31; the gap was funded from capital or gains. (Rule C21: Distribution coverage: distribution_nii_coverage < 100%; Notify.)

On November 18, 2024, Raghav Khanna was elected as Co-Chief Investment Officer of Oaktree Strategic Credit Fund (the “Company”). (2024-11-18)
On November 18, 2024, Raghav Khanna was elected as Co-Chief Investment Officer of Oaktree Strategic Credit Fund (the “Company”). Mr. Khanna, 41, is a managing director within Oaktree’s Global Private Debt strategy where he is a co-portfolio manager for its Strategic Credit platform and an investment committee member for its Direct Lending platform. He first joined Oaktree in 2012 as a member of the Global Opp

Net investment income covered only 90% of distributions in the period ended 2024-06-30; the gap was funded from capital or gains.
Net investment income covered only 90% of distributions in the period ended 2024-06-30; the gap was funded from capital or gains. (Rule C21: Distribution coverage: distribution_nii_coverage < 100%; Notify.)

On June 14, 2024, Matthew Stewart resigned as Chief Operating Officer of Oaktree Strategic Credit Fund. (2024-06-14)
On June 14, 2024, Matthew Stewart resigned as Chief Operating Officer of Oaktree Strategic Credit Fund.

Net investment income covered only 95% of distributions in the period ended 2024-03-31; the gap was funded from capital or gains.
Net investment income covered only 95% of distributions in the period ended 2024-03-31; the gap was funded from capital or gains. (Rule C21: Distribution coverage: distribution_nii_coverage < 100%; Notify.)

Net investment income covered only 76% of distributions in the period ended 2023-12-31; the gap was funded from capital or gains.
Net investment income covered only 76% of distributions in the period ended 2023-12-31; the gap was funded from capital or gains. (Rule C21: Distribution coverage: distribution_nii_coverage < 100%; Notify.)

Net investment income covered only 88% of distributions in the period ended 2023-06-30; the gap was funded from capital or gains.
Net investment income covered only 88% of distributions in the period ended 2023-06-30; the gap was funded from capital or gains. (Rule C21: Distribution coverage: distribution_nii_coverage < 100%; Notify.)

Net investment income covered only 79% of distributions in the period ended 2023-03-31; the gap was funded from capital or gains.
Net investment income covered only 79% of distributions in the period ended 2023-03-31; the gap was funded from capital or gains. (Rule C21: Distribution coverage: distribution_nii_coverage < 100%; Notify.)

NAV per share fell 2.5% from $24.32 to $23.71 (2022-06-30).
NAV per share fell 2.5% from $24.32 to $23.71 (2022-06-30). (Rule B11: NAV per share drop >= 2% decline month over month; Notify.)

On April 20, 2022, the Board of Trustees (the “ Board ”) of Oaktree Strategic Credit Fund (the “ Company ”) approved an amendment and restatement of the Company’s Amended and... (2022-04-20)
On April 20, 2022, the Board of Trustees (the “ Board ”) of Oaktree Strategic Credit Fund (the “ Company ”) approved an amendment and restatement of the Company’s Amended and Restated Declaration of Trust (as amended and restated, the “ Second Amended and Restated Declaration of Trust ”) to, among other things, (i) provide that, with limited exception, the minimum number of trustees on the Board shall not be less than three (3); (ii) provide that the shareholders of the Company (“ Shareholders ”) may remove a trustee by a vote of the holders of more than 50% of the outstanding common shares of beneficial interest (the “ Shares ”) of the Company entitled to vote, with or without cause; (iii) clarify certain duties of the trustees; (iv) provide that the Company will hold a meeting of Shareholders at least annually; (v) remove the ability of the Board to take certain actions without Shareholder approval in connection with a listing of the Company’s Shares on a securities exchange; (vi) require that any merger, reorganization, consolidation or conversion of the Company caused by the Board be approved by the holders of more than fifty percent (50%) of the outstanding Shares of the Company present in person or by proxy at a meeting of the Shareholders; (vii) require that any merger or reorganization caused by the Company’s investment adviser (the “ Adviser ”) be approved by a vote of the holders of more than fifty percent (50%) of the outstanding Shares of the Company entitled to vote on the matter; (viii) remove certain limitations on the ability of Shareholders to bring derivative actions on behalf of the Company; and (ix) clarify that the Delaware exclusive forum clause does not apply to claims brought under the federal securities laws of the United States or the securities laws of any state thereof.

No directly filed return covers the derived window shown below.

Derived

Figures are reproduced from filed disclosures with their exact window, class, and stated basis. They are separate from the calculated NAV-plus-distributions index and from manager-source monthly returns.

Canonical class: Class I · basis: no qualifying monthly chain · qualifying history: 0 months.

1y: Pending; 3y: Pending; 5y: Pending Manager-published observations remain distinct from SEC-filed facts and publish only after declared-crawler, robots, class, exact-window, and SEC-precedence gates pass.

The management fee is payable monthly in arrears at an annual rate of 1.25% of the value of our net assets as of the beginning of the first calendar day of the applicable month. Net assets means our total assets determined on a consolidated basis in accordance with GAAP. For the fiscal year ended September 30, 2025, base management fees were $49.4 million, none of which was waived (the Adviser had waived the fee through November 2022, a past, expired waiver).