PDCC
Pearl Diver Credit Company Inc.PDCC
PDCC
About: PEARL DIVER CREDIT COMPANY INC is an externally managed, non-diversified, closed-end management investment company. Its primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation by investing predominantly in third-party Collateralized Loan Obligation (CLO) equity and mezzanine tranches of predominately U.S.-dollar-denominated CLOs backed by corporate leveraged loans issued mainly to U.S. obligors.
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
0% more funds holding
Funds holding: 7 [Q4 2024] → 7 (+0) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]
1.07% less ownership
Funds ownership: 33.71% [Q4 2024] → 32.64% (-1.07%) [Q1 2025]
10% less capital invested
Capital invested by funds: $46.7M [Q4 2024] → $42M (-$4.7M) [Q1 2025]
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Research analyst outlook
We haven’t received any recent analyst ratings for PDCC.
Financial journalist opinion
Neutral
Seeking Alpha
1 month ago
CEF Weekly Review: All Quiet On The Distribution Front
We review the CEF market valuation and performance through the first week of May and highlight recent market action. CEFs had a strong week, nearly recovering from the Liberation Day sell-off. The CEF market saw minimal distribution changes, with only minor adjustments from BlackRock and Eaton Vance, due to flat short-term rates and low volatility.
Positive
Seeking Alpha
1 month ago
It's Raining CLO Equity CEFs And Why We Got Longer
The CLO Equity CEF sector has doubled in size over the past two years, driven by new entrants and favorable market conditions. Key catalysts include a benign default environment, tightening credit spreads, and the attractiveness of floating-rate assets amid a flat/inverted yield curve. CLO Equity funds benefit from embedded options like reinvestment and call options, which enhance returns during periods of market volatility.
Neutral
PRNewsWire
1 month ago
Pearl Diver Credit Company Inc. Declares Monthly Dividends
NEW YORK and LONDON , May 5, 2025 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC, PDPA) (the "Company") today announced that its Board of Directors has declared a regular monthly dividend on shares of the Company's common stock of $0.22 per share for May, June, and July 2025. PDCC Inc. declares dividends on common and preferred stock for the months of May, June, and July 2025.
Neutral
PRNewsWire
1 month ago
Pearl Diver Credit Company Inc. Announces First Quarter 2025 Financial Results
NEW YORK and LONDON , April 29, 2025 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC, PDPA) (the "Company") today announced financial results for the first quarter ended March 31, 2025. First Quarter 2025 Highlights (on a linked quarter basis) Net asset value per share of common stock $18.33 as of March 31, 2025, compared to $19.89 per share as of December 31, 2024.
Neutral
PRNewsWire
1 month ago
Pearl Diver Credit Company Inc. Announces First Quarter 2025 Earnings Conference Call
NEW YORK and LONDON , April 22, 2025 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC, PDPA) (the "Company") today announced that its first quarter 2025 financial results will be released before market open on Tuesday, April 29, 2025. The Company will host a conference call at 11:00 a.m.
Negative
Seeking Alpha
2 months ago
Why CLO Equity Could Be In For More Pain Ahead (And How To Navigate It)
CLO equity prices are facing pressure from rising risks and default expectations. CLO equity is still generating strong cash flows for patient investors. Our CEF rotation strategy can deliver alpha during volatile market conditions.
Neutral
Seeking Alpha
2 months ago
CEF Weekly Review: Fixed-Income CEF Coverage Rises Modestly
We review the CEF market valuation and performance through the second week of March and highlight recent market action. CEFs faced pressure from rising credit spreads and lower stocks, with most sectors down over the week, but year-to-date performance remains mostly positive. In response to Fed's rate cuts, distribution coverage across bond CEFs has risen while loan CEF coverage has fallen.
Positive
Seeking Alpha
2 months ago
Closed-End Funds: Seeking Stable Yields From CLO Baby Bonds And Preferred
Collateralized loan obligation CEFs offer high yields but come with significant leverage, volatility and higher risk, making them less appropriate for all income investors. Baby bonds and preferred offerings from CLO CEFs provide safer, more stable income, balancing risk-reward when it comes to seeking income. We have new offerings in the space since our last update, leading to greater diversification potential and increasing the viability of setting up a ladder of maturities.
Neutral
Seeking Alpha
3 months ago
CEF Weekly Review: The Different Flavors Of Net Investment Income
We review the CEF market valuation and performance through the last week of February and highlight recent market action. CEF market saw mixed performance with Muni sectors outperforming due to lower Treasury yields, while Equity-linked sectors underperformed. CCIF declared Q4 numbers with a wide variation between GAAP and Core net investment income.
Positive
Seeking Alpha
3 months ago
CEF Weekly Review: Explaining Preferred CEFs Double-Digit Gains
We review the CEF market valuation and performance through the first week of February and highlight recent market action. CEFs had a strong week, with most sectors in the green, driven by EM Equity and Muni sectors, and year-to-date gains in both NAVs and discounts. We take a look at why preferred CEFs have sharply outperformed their ETF counterparts last year.
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