Fidelity Private Credit Fund reports 8.24% 1-year total return as of April 2026

The BDC-structured private credit fund delivered 8.24% one-year total return with a 9.20% annualized distribution rate and $2.6B in total assets. The fund maintains a conservative leverage profile of 0.9x with 99.8% floating-rate exposure and 98.5% first-lien positioning.