Nuveen Churchill Direct Lending Corp (NCDL) (Q2 2026) Earnings Call Highlights: NII
Nuveen Churchill Direct Lending Corp (NCDL) reported Q2 2026 results. Net asset value fell 1.8% to $17.19 per share, driven by $0.34 per share of realized and unrealized losses. Nonaccruals rose to 2.7% of portfolio at cost. Gross originations declined to $12 million from $83 million. The company said debt yield stayed at 9.3% and discussed a $150 million-seeded JV targeting about $300 million in 12 months.

