NCDL Q2 net investment income of $0.41 a share; net increase falls to $0.07 from $0.32
Nuveen Churchill Direct Lending Corp. (NCDL) reported second quarter 2026 net investment income of $0.41 per share and a net increase in net assets from operations of $0.07 per share, down from $0.32 a year earlier. Net asset value fell to $17.19 per share from $17.50 at March 31, 2026, and the board declared a third quarter distribution of $0.38 per share, including a $0.36 regular distribution that its earnings presentation compares with a $0.45 regular distribution in the prior quarter.
Key points
- Net investment income of $0.41 per share; net increase in net assets from operations of $0.07 per share versus $0.32 for Q2 2025
- Net asset value of $17.19 per share as of June 30, 2026, versus $17.50 as of March 31, 2026
- Nine portfolio companies on non-accrual status at 1.5% of fair value, up from five companies at 0.6% as of March 31, 2026
- Third quarter distribution of $0.38 per share ($0.36 regular plus $0.02 supplemental), payable on or around October 27, 2026
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
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