Payments are scheduled for late May, with the per-share net amount varying by class based on servicing and distribution fee structures.

May 5, 2026

BlackRock Private Credit Fund, a Delaware-organized investment vehicle managed under the BlackRock umbrella, has declared a regular cash distribution to holders of its common shares of beneficial interest, according to a disclosure released to investors this week.

The fund’s board approved the payout on April 29, 2026, applying it across all three of the fund’s share classes — Institutional, Class S, and Class D. Each class will receive an identical gross distribution of $0.1921 per share. The net amount actually delivered to shareholders, however, varies by class because of differences in shareholder servicing and distribution fees.

How the Distribution Breaks Down by Class

• Institutional Shares: No servicing or distribution fee, with shareholders receiving the full $0.1921 per share.
• Class S Shares: A $0.0167 per-share fee yields a net distribution of $0.1754 per share — the lowest of the three classes.
• Class D Shares: A smaller $0.0049 per-share fee leaves shareholders with a net distribution of $0.1872 per share.

Record Date and Payment Schedule

The distribution will be paid to investors who held their shares as of the close of business on April 29, 2026. Payment is scheduled for May 27, 2026, leaving roughly a month between the record date and the payout. Investors enrolled in the fund’s distribution reinvestment plan will receive additional fund shares in lieu of a cash payment, while all other shareholders will be paid in cash.

About the Fund

BlackRock Private Credit Fund is structured as an emerging growth company under federal securities rules and does not list any of its share classes on a public exchange. The vehicle is headquartered at BlackRock’s 50 Hudson Yards offices in Manhattan, and the disclosure was signed on May 4, 2026 by Chief Financial Officer and Treasurer Erik L. Cuellar.

Why Distribution Announcements Matter

Regular distributions are a hallmark of private credit vehicles and business development companies, which are generally required to distribute the bulk of their taxable income to maintain favorable tax treatment. For investors in non-traded funds, periodic distribution announcements serve as one of the primary indicators of cash-flow performance, since the underlying shares are not actively quoted on a public exchange.