PDCC
Pearl Diver Credit Company Inc.PDCC
PDCC
About: PEARL DIVER CREDIT COMPANY INC is a non-diversified closed ended management investment company.
0
Funds holding %
of 6,790 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
33.74% more ownership
Funds ownership: 0% [Q2] → 33.74% (+33.74%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for PDCC.
Financial journalist opinion
Positive
Seeking Alpha
4 weeks ago
PDCC: New 13%-Yielding CLO CEF Riding The Boom
PDCC, a new CLO Equity CEF by Pearl Diver Capital, launched with a $136m market cap and plans to use leverage up to 25%. The fund offers a 13.2% NAV distribution rate, with net investment income covering 92% of the distribution, and charges a 1.5% management fee on its equity base. PDCC's leverage costs will be higher than peers, impacting net income generation.
Neutral
PRNewsWire
1 month ago
Pearl Diver Credit Company Inc. Declares Monthly Dividends
NEW YORK and LONDON , Nov. 4, 2024 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC) (the "Company") today announced that its Board of Directors has declared a regular monthly dividend on shares of the Fund's common stock of $0.22 per share for November and December 2024, and January 2025. Amount per Share Record Dates Payment Dates $0.22 November 15, 2024 November 29, 2024 December 17, 2024 December 31, 2024 January 17, 2025 January 31, 2025 Pearl Diver Credit Company Inc. has declared a dividend of $0.22/share for November and December 2024, and January 2025.
Neutral
Seeking Alpha
1 month ago
CEF Weekly Review: Invesco Has A Do-Over
We review the CEF market valuation and performance through the fourth week of October and highlight recent market action. Most CEF sectors were down this week while discounts were mixed. Invesco's CMBS CEF IHTA is set for liquidation in December 2024, with NAV performance looking better than sister fund IHIT last year.
Neutral
PRNewsWire
1 month ago
Pearl Diver Credit Company Inc. Announces Third Quarter 2024 Financial Results
NEW YORK and LONDON , Oct. 29, 2024 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC) (the "Company") today announced financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Results Net asset value per share of common stock $20.05 as of September 30, 2024.
Neutral
PRNewsWire
1 month ago
PEARL DIVER CREDIT COMPANY INC. ANNOUNCES THIRD QUARTER 2024 EARNINGS CONFERENCE CALL
NEW YORK and LONDON , Oct. 21, 2024 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC) (the "Company") today announced that its third quarter 2024 financial results will be released before market open on Tuesday, October 29, 2024. The Company will host a conference call at 11:00 a.m.
Neutral
PRNewsWire
4 months ago
Pearl Diver Credit Company Inc. Declares Monthly Dividends
NEW YORK and LONDON , Aug. 5, 2024 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC) (the "Company") today announced that its Board of Directors has declared a regular monthly dividend on shares of the Fund's common stock of $0.22 per share for August, September, and October 2024. Amount per Share Record Dates Payment Dates $0.22 August 16, 2024 August 30, 2024 September 16, 2024 September 30, 2024 October 16, 2024 October 30, 2024 The distribution will be automatically reinvested in additional shares of our common stock unless a stockholder opts out of the Dividend Reinvestment Plan ("DRIP") and elects to receive the distribution in cash.
Positive
24/7 Wall Street
4 months ago
Insider Buying in These 2 IPOs Is Huge, Plus Financial CEOs Pick Up Shares
24/7 Wall St. Insights In the past week or so, initial public offerings at a biotech and an investment management firm attracted huge insider buying.
Neutral
PRNewsWire
4 months ago
Pearl Diver Credit Company Inc. Announces Closing of Initial Public Offering and Full Exercise of Overallotment Option
NEW YORK and LONDON , July 19, 2024 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC) (the "Company") today announced the closing of its previously announced initial public offering of 2.2 million shares of common stock at a public offering price of $20.00 per share and the full exercise of the overallotment option of 330,000 shares for total net proceeds to the Company of $50.6 million. Pearl Diver Capital LLP ("Pearl Diver Capital"), the Company's investment adviser, or its affiliates will pay the full amount of the sales load in connection with this initial public offering and all of the Company's organizational and offering expenses.
Neutral
PRNewsWire
4 months ago
Pearl Diver Credit Company Inc. Announces Launch of Initial Public Offering
Pearl Diver Capital LLP will serve as the investment adviser NEW YORK and LONDON, July 18, 2024 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC) (the "Company") today announced the launch of its initial public offering. A closed-end, 40 Act fund, it will trade on the New York Stock Exchange under the ticker "PDCC" and use the proceeds from the capital raised to build diversified portfolios of senior secured U.S. corporate loans through investments in equity tranches of collateralized loan obligations (CLOs).
Neutral
PRNewsWire
4 months ago
Pearl Diver Credit Company Inc. Announces Pricing of Its Upsized Initial Public Offering
NEW YORK and LONDON , July 17, 2024 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC) (the "Company") today announced the pricing of its upsized initial public offering of 2.2 million shares at $20 per share, which will result in net proceeds to the Company of approximately $44 million. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 330,000 shares of common stock to cover over-allotments, if any.
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