Refugio Research · Audit · NAV per share

Audit: NAV per share — Blue Owl Alternative Credit Fund

Latest observation · Shareholder report (Form N-CSR) · filed 2026-02-27 · period 2025-12-31

canonical class (Class I) headline, basis: Consolidated Statement of Assets and Liabilities (direct, not derived) — Consolidated Statement of Assets and Liabilities: 'Class I shares of beneficial interest Net Asset Value, 103,638,237 shares issued and outstanding $1,032,754,208 Class U shares of beneficial interest Net Asset Value, 21,515,774 shares issued and outstanding $214,404,521 Net Asset Value Per Class I Share $9.96 Net Asset Value Per Class U Share $9.96' (each class ties its own net-assets/shares-outstanding line: 1,032,754,208/103,638,237 = $9.96498..., rounds to $9.96; 214,404,521/21,515,774 = $9.96497..., rounds to $9.96). Class I is canonical: listed first and the majority class (82.8% of the Fund's $1,247,158,729 total net assets). Both classes disclose the identical $9.96 NAV/share, so the canonical choice does not change the headline.

“Class I shares of beneficial interest Net Asset Value, 103,638,237 shares issued and outstanding $ 1,032,754,208 Class U shares of beneficial interest Net Asset Value, 21,515,774 shares issued and outstanding $ 214,404,521 Net Asset Value Per Class I Share $ 9.96 Net Asset Value Per Class U Share $ 9.96”

Method Matched text template against the filing

Open the filing on SEC.gov

Technical locator

https://www.sec.gov/Archives/edgar/data/2059436/000162828026012442/owlcx12312025ncsr.htm | canonical class (Class I) headline, basis: Consolidated Statement of Assets and Liabilities (direct, not derived) | Consolidated Statement of Assets and Liabilities: 'Class I shares of beneficial interest Net Asset Value, 103,638,237 shares issued and outstanding $1,032,754,208 Class U shares of beneficial interest Net Asset Value, 21,515,774 shares issued and outstanding $214,404,521 Net Asset Value Per Class I Share $9.96 Net Asset Value Per Class U Share $9.96' (each class ties its own net-assets/shares-outstanding line: 1,032,754,208/103,638,237 = $9.96498..., rounds to $9.96; 214,404,521/21,515,774 = $9.96497..., rounds to $9.96). Class I is canonical: listed first and the majority class (82.8% of the Fund's $1,247,158,729 total net assets). Both classes disclose the identical $9.96 NAV/share, so the canonical choice does not change the headline.

Extraction tiers, explained

Every stored observation below, newest first, with its extraction tier, the exact filing it came from, and the verbatim snippet it was read from. Derived values state their formula and constituent figures in the source line. Tiers: T1 = structured XBRL tag; T2 = matched text template; T3/R3 = narrative/term extraction.

Period	Value	Tier	Source filing	Provenance
2025-12-31	9.96	T2	N-CSR 2026-02-27	https://www.sec.gov/Archives/edgar/data/2059436/000162828026012442/owlcx12312025ncsr.htm \| canonical class (Cl… https://www.sec.gov/Archives/edgar/data/2059436/000162828026012442/owlcx12312025ncsr.htm \| canonical class (Class I) headline, basis: Consolidated Statement of Assets and Liabilities (direct, not derived) \| Consolidated Statement of Assets and Liabilities: 'Class I shares of beneficial interest Net Asset Value, 103,638,237 shares issued and outstanding $1,032,754,208 Class U shares of beneficial interest Net Asset Value, 21,515,774 shares issued and outstanding $214,404,521 Net Asset Value Per Class I Share $9.96 Net Asset Value Per Class U Share $9.96' (each class ties its own net-assets/shares-outstanding line: 1,032,754,208/103,638,237 = $9.96498..., rounds to $9.96; 214,404,521/21,515,774 = $9.96497..., rounds to $9.96). Class I is canonical: listed first and the majority class (82.8% of the Fund's $1,247,158,729 total net assets). Both classes disclose the identical $9.96 NAV/share, so the canonical choice does not change the headline. “Class I shares of beneficial interest Net Asset Value, 103,638,237 shares issued and outstanding $ 1,032,754,208 Class U shares of beneficial interest Net Asset Value, 21,515,774 shares issued and outstanding $ 214,404,521 Net Asset Value Per Class I Share $ 9.96 Net Asset Value Per Class U Share $ 9.96” extracted 2026-07-11T17:22:17 · confidence 0.95