secwatch.observer — SEC 8-K summary
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Issuer:     Fidelity Private Credit Fund (—)
CIK:        0001920453
Form:       8-K
Filed at:   2026-05-14T16:43:59+00:00
Accession:  0001193125-26-223350
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fidelity Private Credit Fund reports 9.19% annualized distribution rate; Class I YTD return 1.71%
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- Distribution rate annualized 9.19% as of 3/31/26; weighted avg mark 98.7.
- Class I YTD return 1.71%, 1-yr 7.39%, since inception 10.26% (3/13/23).
- Portfolio 98.5% first lien senior secured, 99.8% floating rate; net leverage 4.5x, interest coverage 2.4x.
- Oil shock pushed Brent to $120; interest rates rose 30-50 bps in late Q1; cautious near-term outlook.
- Selected new investments in health care tech, ENT services, and aerospace/defense manufacturing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1920453/000119312526223350/0001193125-26-223350-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1920453/000119312526223350/ck0001920453-20260514.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-223350

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