secwatch.observer — SEC 8-K summary
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Issuer:     Golub Capital Private Income Fund S (—)
CIK:        0002082557
Form:       8-K
Filed at:   2026-06-10T21:14:15+00:00
Accession:  0002082557-26-000037
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GPIF-S posts -1.82% Q1 return, NAV drops to $24.10 from $25.00
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- Q1 2026 total net return -1.82%; NAV per share declined to $24.10 from $25.00 as of Dec 31, 2025.
- Annualized net distribution rate 7.2%; no investments on non-accrual; loans below 90% under 0.5% of portfolio.
- Unrealized losses from market-driven spread widening, not credit deterioration; all investments rated IPR 4 or 5.
- $243.1M total investments, 98% first lien senior secured, ~100% floating rate, leverage ratio 1.29x.
- Software loans saw greater price declines but underlying credit stable; no software on non-accrual.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2082557/000208255726000037/0002082557-26-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2082557/000208255726000037/gpifs-20260610.htm
  HTML page:      https://secwatch.observer/filing/0002082557-26-000037

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer