GCRED posts Q1 2026 return of -1.8% amid market volatility and spread widening.

Golub Capital Private Credit Fund reported a negative quarterly return driven by broad market volatility and credit spread widening despite strong underlying portfolio credit performance. The fund maintains an 8.8% annualized inception-to-date net return with $9.9 billion in total investments heavily weighted toward first lien, senior secured floating rate loans.