---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-008425"
form_type: "8-K"
ticker: "NCDL"
cik: "0001737924"
company_name: "Nuveen Churchill Direct Lending Corp."
filed_at: "2025-02-27T23:59:59+00:00"
generated_at: "2026-05-26T02:20:56.953157+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Nuveen Churchill Direct Lending Q4 2024 NII $0.56, NAV $18.18, declares $0.45 quarterly distribution

## Summary
- Q4 2024 net investment income $0.56/share; NAV per share $18.18, up from $18.15 in Q3.
- Declared Q1 2025 regular distribution $0.45/share payable April 28; also final special distribution $0.10 in April.
- Portfolio fair value $2.08B across 210 companies; 90.6% first-lien debt; one non-accrual (0.4% at cost).
- FY 2024 investment income $224M vs $161.8M in 2023; weighted average yield decreased to 10.33% from 11.72%.
- Issued $300M unsecured notes in Jan 2025; incentive fee on income waived through Q1 2025.

## SEC filing metadata
- accession: 0001628280-25-008425
- form_type: 8-K
- ticker: NCDL
- cik: 0001737924
- company_name: Nuveen Churchill Direct Lending Corp.
- filed_at: 2025-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1737924/000162828025008425/0001628280-25-008425-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1737924/000162828025008425/ncdlc-20250227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-008425
- JSON: https://secwatch.observer/filing/0001628280-25-008425.json
- Plain text: https://secwatch.observer/filing/0001628280-25-008425.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.