Nuveen Churchill Direct Lending Q1 net investment income drops 27% to $20.04 million

Nuveen Churchill Direct Lending Corp.

Nuveen Churchill Direct Lending Corp.

NCDL

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  • Nuveen Churchill Direct Lending posted net investment income of $20.04 million for quarter ended March 31, 2026, down 26.98%, while net assets from operations fell to $8.69 million from $15.02 million.
  • Total investment income slipped 13.67% to $46.26 million, including interest income of $42.86 million, down 15.71%.
  • Total expenses before incentive fees waived decreased 7.66% to $26.21 million, as interest and debt financing expenses fell 14.02% to $17.75 million.
  • Net realized loss widened to $3.29 million from a $1.1 million gain, while unrealized losses narrowed to $8.07 million from $13.53 million.
  • Quarter-end portfolio fair value rose to $1.98 billion from $1.96 billion, with 5 portfolio companies on non-accrual at $25.9 million cost, up from 4 at $24.4 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nuveen Churchill Direct Lending Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001737924-26-000045), on May 07, 2026, and is solely responsible for the information contained therein.