earnings
confidence high
sentiment neutral
materiality 0.60
Nuveen Churchill Q1 NII $0.53/sh; NAV declines to $17.96; declares $0.45/sh distribution
Nuveen Churchill Direct Lending Corp.
2025-Q1 EPS reported
$0.53
- Net investment income of $0.53 per share; net realized and unrealized loss of $(0.24) per share.
- NAV per share fell to $17.96 from $18.18 at Dec 31, 2024; net increase from operations $0.29/sh.
- Declared Q2 regular distribution of $0.45/sh, payable July 28, 2025 to holders of record June 30, 2025.
- Portfolio fair value $2.08B across 210 companies; non-accrual at 0.4% of fair value (two companies).
- Issued $300M unsecured notes; refinanced CLO to lower borrowing costs; debt/equity ratio 1.31x.