Nuveen Churchill Direct Lending Corp.
Nuveen Churchill Direct Lending Corp. is a specialty finance company that primarily invests in directly originated senior secured loans to private equity-owned U.S. middle market companies. It defines the middle market as companies with $10 million to $250 million of EBITDA and focuses mainly on the core middle market, with $10 million to $100 million of EBITDA. Its portfolio consists primarily of first-lien senior secured debt and unitranche loans, with opportunistic investments in second-lien loans, subordinated debt, equity co-investments and similar securities. The company is externally managed by Churchill DLC Advisor LLC, with Churchill Asset Management providing portfolio investment advisory and management services. Nuveen Asset Management may manage some liquid investments, including cash equivalents and liquid fixed-income securities. The company earns income from its investments, including interest and other fees from portfolio companies, and may receive capital gains. Nuveen Churchill Direct Lending Corp. is headquartered in New York, NY.
No SEC Form 4 filings for $NCDL in the last 30 days.
See all $NCDL insider activity →Nuveen Churchill Direct Lending Corp. (NCDL) reported a 12.2% year-over-year decline in Q3 net investment income to $18.8M, with net investment income per share of $0.38 in-line. The NAV per share decreased slightly to $17.13 from $17.19 in the previous quarter. The company declared a Q4 dividend.
Nuveen Churchill Direct Lending Corp. (NCDL) will report Q3 2026 earnings on November 3rd. Analysts expect EPS of $0.39 and revenue of $43.99M, with estimates unchanged in the last 3 months. (NYSE:NCDL)
Vichness Shaul (Chief Financial Off./Treasurer) purchased 5,000 indirectly-held shares of Nuveen Churchill Direct Lending Corp. (NCDL) at $12.25 on 2026-09-14.
Over the past 7 days, AlphAI's AI scored 5 news stories mentioning NCDL (Nuveen Churchill Direct Lending Corp.). Coverage has skewed bearish: 0 bullish, 2 neutral, and 3 bearish.
Recent NCDL coverage spans earnings, insider activity and corporate actions.
Income decline suggests earnings pressure.
This is an earnings preview that sets expectations for NCDL’s Nov. 3 pre-market print, shaping positioning around the consensus EPS and revenue.
Small insider buy may signal confidence but size is modest relative to float.
Earnings beat on income vs payout but deteriorating NAV may pressure price.
Credit quality and origination slowdown pressured NAV, while management highlighted a first-lien focused strategy and a seeded JV to support earnings.
AlphAI scores every news story that mentions NCDL with an AI model for sentiment and relevance, and aggregates insider trades from Nuveen Churchill Direct Lending Corp.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
Nuveen Churchill Direct Lending Corp. (NCDL) reported a 12.2% year-over-year decline in Q3 net investment income to $18.8M, with net investment income per share of $0.38 in-line. The NAV per share decreased slightly to $17.13 from $17.19 in the previous quarter. The company declared a Q4 dividend.
1 min readNuveen Churchill Direct Lending Corp. (NCDL) will report Q3 2026 earnings on November 3rd. Analysts expect EPS of $0.39 and revenue of $43.99M, with estimates unchanged in the last 3 months. (NYSE:NCDL)
2 min readVichness Shaul (Chief Financial Off./Treasurer) purchased 5,000 indirectly-held shares of Nuveen Churchill Direct Lending Corp. (NCDL) at $12.25 on 2026-09-14.
1 min readNuveen Churchill Direct Lending Corp. (NCDL) reported Q2 net investment income of $0.41 per share, covering its $0.36 distribution. NAV fell to $17.19 per share, and non-accrual loans nearly tripled. The company redeemed debt, issued new notes, and formed a joint venture. Management notes credit stress in the portfolio.
2 min readNuveen 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.
6 min readNuveen Churchill Direct Lending Corp. (NCDL) reported Q2 2026 net investment income of $0.41 per share and net increase in net assets from operations of $0.07 per share. Investment income was $44.3 million versus $53.1 million a year earlier. It declared a Q3 distribution of $0.38 per share and reported NAV of $17.19 per share.
6 min readNuveen Churchill Direct Lending Corp. (NCDL) filed an SEC Form 8-K — Results of Operations and Financial Condition. Nuveen Churchill Direct Lending Corp. Announces Second Quarter 2026 Results Reports Second Quarter Net Investment Income of $0.41 per Share Declares Third Quarter Distribution of $0.38 per Share, Consisting of a Regular Distribution of $0.36 per Share and a Supplemental Distribut
7 min readNuveen Churchill Direct Lending Corp. (NCDL) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-1.1 2 exhibit11-form8xkunderwrit.htm EX-1.1 Document Exhibit 1.1 NUVEEN CHURCHILL DIRECT LENDING CORP. (a Maryland corporation) $100,000,000 6.650% Notes due 2030 UNDERWRITING AGREEMENT July 8, 2026 SMBC Nikko Securities America, Inc. 277 Park Avenue, 5 th Floor New York, NY 1
4 min readWells Fargo downgraded Nuveen Churchill Direct Lending Corp. (NCDL) to Underweight from Equal Weight and cut its price target to $12 from $13, citing richer valuations and potential pressure on dividend coverage from non-accruals and restructurings. BofA earlier reduced its price target to $14 from $15.25 while keeping a Buy rating.
3 min readMcCally John (Vice President & Secretary) purchased 7,500 shares of Nuveen Churchill Direct Lending Corp. (NCDL) at $13.27 on 2026-05-15.
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