We are live on ! Find out more

Nuveen Churchill Direct Lending

NCDL

Market cap $599M

12.13 USD

-0.09

0.74%

At close Updated Sep 15, 1:09 PM EDT

1 day

-0.74%

5 days

-1.06%

1 month

-0.74%

3 months

-1.86%

6 months

-7.33%

Year to date

-10.08%

1 year

-18.32%

5 years

-32.04%

10 years

-32.04%

About: Nuveen Churchill Direct Lending Corp is a specialty finance company focused predominantly on investing in senior secured loans to private equity-owned U.S. middle market companies. It is a closed-end, externally managed, non-diversified management investment company. The company's investment objective is to generate attractive risk-adjusted returns through current income by investing in senior secured loans to private equity-owned U.S. middle market companies. It invests in senior secured loans that typically pay floating interest rates and are senior in the capital structure to junior debt and equity.

Financials Asset Management

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 22.2%

Neutral 55.6%

Negative 22.2%

Nuveen Churchill Direct Lending Q2: 27% Discount And 9.5% Expected ROE

Nuveen Churchill Direct Lending maintains a conservative credit profile with a non-accrual ratio of 1.5%, about half the sector median. First lien loans comprise nearly 90% of NCDL's portfolio, emphasizing senior secured lending and prudent risk management. Net debt/equity improved to 1.23x, and 94.2% of leverage is floating-rate, boosting earnings in rising rate environments but heightening margin risk if rates fall.

Nuveen Churchill Direct Lending Q2: 27% Discount And 9.5% Expected ROE

Nuveen Churchill Direct Lending Q2 Earnings Call Highlights

Nuveen Churchill Direct Lending NYSE: NCDL reported second-quarter net investment income of $0.41 per share, covering its $0.36 per-share base quarterly distribution, while credit challenges during the period contributed to a decline in net asset value and an increase in non-accrual investments.

Nuveen Churchill Direct Lending Q2 Earnings Call Highlights

Nuveen Churchill Direct Lending Corp. (NCDL) Q2 2026 Earnings Call Transcript

Nuveen Churchill Direct Lending Corp. (NCDL) Q2 2026 Earnings Call Transcript

Nuveen Churchill Direct Lending Corp. (NCDL) Q2 2026 Earnings Call Transcript

Nuveen Churchill Direct Lending Corp. Announces Second Quarter 2026 Results

NEW YORK--(BUSINESS WIRE)--Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) (“NCDL” or the “Company”), a business development company externally managed by its investment adviser, Churchill DLC Advisor LLC (the “Adviser”), and by its sub-adviser, Churchill Asset Management LLC (“Churchill”), today reported financial results for the second quarter ended June 30, 2026. Financial Highlights and Recent Developments for the Quarter Ended June 30, 2026 Net investment income of $0.41 per share Net r.

Nuveen Churchill Direct Lending Corp. Announces Second Quarter 2026 Results

Nuveen Churchill Direct Lending: 9% Expected Adjusted ROE With 26% Discount

Nuveen Churchill Direct Lending Corp. trades at a 26% discount to NAV, near its lowest point in five years. NCDL's portfolio is 97% invested, with only 0.6% non-accruals and strong diversification across 236 companies and key sectors. Leverage stands at 56%, with a gross asset yield of 10.6% and discount-adjusted ROE of 9.23%, outpacing average BDC OTC bonds.

Nuveen Churchill Direct Lending: 9% Expected Adjusted ROE With 26% Discount

Nuveen Churchill Direct Lending Corp. Schedules Second Quarter 2026 Earnings Release and Conference Call

NEW YORK--(BUSINESS WIRE)--Nuveen Churchill Direct Lending Corp. (NYSE: NCDL) (“NCDL” or “the Company”), today announced it will report its financial results for the second quarter ended June 30, 2026, on Thursday, August 6, 2026, before the market opens. The Company will host an earnings conference call and public webcast at 10:00 AM Eastern Time the same day to discuss its financial results.All interested parties may participate in the conference call by dialing (866)-605-1826 approximately 10.

Nuveen Churchill Direct Lending Corp. Schedules Second Quarter 2026 Earnings Release and Conference Call

Nuveen Churchill Direct Lending Corp. Announces Closing of Public Offering of Additional $100.0 Million 6.650% Notes Due 2030

NEW YORK--(BUSINESS WIRE)--Nuveen Churchill Direct Lending Corp. (the “Company,” “we,” “us,” or “our”) (NYSE: NCDL) today announced that it has closed an underwritten public offering of an additional $100.0 million in aggregate principal amount of its 6.650% unsecured notes due 2030 (the “Notes”), which resulted in net proceeds to the Company of approximately $99.4 million, after deducting the underwriting discount and the estimated offering expenses payable by the Company. Purchasers will be r.

Nuveen Churchill Direct Lending Corp. Announces Closing of Public Offering of Additional $100.0 Million 6.650% Notes Due 2030

Nuveen Churchill Direct Lending Corp. Prices Public Offering of Additional $100.0 Million 6.650% Notes Due 2030

NEW YORK--(BUSINESS WIRE)--Nuveen Churchill Direct Lending Corp. (the “Company,” “we,” “us” or “our”) (NYSE: NCDL) today announced that it has priced an underwritten public offering of an additional $100.0 million in aggregate principal amount of its 6.650% unsecured notes due 2030 (the “Notes”). The Notes will be issued at a price of 100.123% of the aggregate principal amount of the Notes. Purchasers will be required to pay accrued and unpaid interest on the Notes from March 15, 2026 up to, bu.

Nuveen Churchill Direct Lending Corp. Prices Public Offering of Additional $100.0 Million 6.650% Notes Due 2030

Nuveen Churchill Direct Lending Disappointed, But I'm Holding (Rating Downgrade)

Nuveen Churchill Direct Lending Corp. is downgraded to Hold after disappointing performance and a 20% dividend cut, though I am not selling my position. NCDL's net investment income remains under pressure from lower interest rates, with debt yield dropping to 9.3% from 10.1% in a year. Portfolio credit quality is strong, with non-accruals at just 0.6% and exceptional diversification. The top 10 holdings comprise only 13.2% of the portfolio.

Nuveen Churchill Direct Lending Disappointed, But I'm Holding (Rating Downgrade)

4 Deeply Discounted BDCs Paying Us Up To 13%

Stocks are sky-high, but us contrarians are looking for dividend deals. And we found them in one forgotten corner of the Wall Street world.

4 Deeply Discounted BDCs Paying Us Up To 13%

See News Rankings

Price charts implemented using Lightweight Charts™