GPIF-I posts -1.45% Q1 2026 return amid credit market volatility

Golub Capital Private Income Fund I reported negative returns driven by broad market volatility and credit spread widening, with NAV declining from $25.00 to $24.14 per share. The fund maintains an 8.0% annualized distribution rate with 99% first lien senior secured loans and expects unrealized losses to reverse as spreads normalize.