T. Rowe Price OHA Select Private Credit Fund

CIK 0001901164T. Rowe Price

T. Rowe Price OHA Select Private Credit Fund is a non-traded business development company advised by T. Rowe Price. With $3.1 billion in total assets, it is a mid-sized fund in the coverage universe. The portfolio is concentrated in direct lending, with 93% in first-lien senior secured loans and 95% floating-rate, at a weighted-average spread of 532 bps over the base rate. Its largest sector exposure is Industrials (24% of holdings).

NAV/Share

$26.89

AUM

$3.1B

Positions

384

Strategy

Private Credit

Wtd. Avg. Coupon

9.1%

Wtd. Avg. Spread

5 bps

Wtd. Avg. Maturity

4.9 yrs

98% coverage

Top 10 Concentration

17.0%

Instrument type

Share of portfolio fair value

First Lien

93%

of fair value

First Lien Senior Loans92.7%

Second Lien Loans7.3%

Industry exposure

Share of holdings fair value

Top 5

86%

of holdings

Industrials24.2%

Information Technology17.7%

Financials11.4%

Health Care9.7%

Other8.4%

Materials3.9%

Consumer Discretionary1.2%

Communication Services0.5%

Consumer Staples0.2%

Energy0.0%

Unknown22.8%

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

13.7%