Oaktree Strategic Credit Fund NAV down in March

Oaktree Strategic Credit Fund net asset value per share ended March at $22.38 per share, down 1.15% from $22.64 in February. The fund also declared a reduced monthly distribution of $0.16 per share, down 11.1% from $0.18 per share, citing more conservative portfolio posture, lower leverage, higher liquidity reserves, and the impact of lower base rates and tighter credit spreads on income.