Oaktree Strategic Credit Fund

CIK 0001872371Oaktree

Oaktree Strategic Credit Fund is a non-traded business development company advised by Oaktree. With $7.8 billion in total assets, it is a mid-sized fund in the coverage universe. The portfolio is concentrated in direct lending, with 94% in first-lien senior secured loans and 94% floating-rate, at a weighted-average spread of 516 bps over the base rate. Its largest sector exposure is Industrials (21% of holdings).

NAV/Share

$22.93

AUM

$7.8B

Positions

367

Strategy

Private Credit

Wtd. Avg. Coupon

8.7%

Wtd. Avg. Spread

5 bps

Wtd. Avg. Maturity

4.9 yrs

100% coverage

Top 10 Concentration

14.0%

Instrument type

Share of portfolio fair value

First Lien

93%

of fair value

First Lien Senior Loans93.1%

Second Lien Loans2.3%

Unsecured Loans3.5%

Structured Credit0.6%

Equity0.3%

Industry exposure

Share of holdings fair value

Top 5

79%

of holdings

Industrials21.0%

Information Technology13.1%

Financials9.4%

Health Care8.5%

Communication Services5.9%

Other5.9%

Consumer Staples3.9%

Consumer Discretionary3.9%

Energy0.8%

Materials0.7%

Unknown26.9%

Unknown sector positions lack GICS classification in the source filing or could not be reconciled.

Maturity profile

Share of debt fair value by years to maturity.

Risk & Credit Indicators

PIK in Terms

3.5%