---
schema_version: "secwatch.filing_event.v1"
accession: "0001737924-25-000017"
form_type: "8-K"
ticker: "NCDL"
cik: "0001737924"
company_name: "Nuveen Churchill Direct Lending Corp."
filed_at: "2025-11-04T23:59:59+00:00"
generated_at: "2026-05-17T00:39:48.320801+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Nuveen Churchill Direct Lending Q3 NII $0.43; NAV $17.85; declares $0.45 distribution

## Summary
- Net investment income of $0.43 per share; Q3 distribution of $0.45 per share paid Oct 28, 2025.
- NAV per share $17.85, down from $17.92 at June 30, 2025.
- Portfolio fair value $2.0B across 213 companies; 89.8% first-lien debt, 9.92% weighted average yield.
- Net realized/unrealized loss of $(0.05) per share; net ops increase $0.38 per share.
- Declared Q4 regular distribution of $0.45 per share, payable Jan 27, 2026 to holders of record Dec 31, 2025.

## SEC filing metadata
- accession: 0001737924-25-000017
- form_type: 8-K
- ticker: NCDL
- cik: 0001737924
- company_name: Nuveen Churchill Direct Lending Corp.
- filed_at: 2025-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1737924/000173792425000017/0001737924-25-000017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1737924/000173792425000017/ncdlc-20251104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001737924-25-000017
- JSON: https://secwatch.observer/filing/0001737924-25-000017.json
- Plain text: https://secwatch.observer/filing/0001737924-25-000017.txt

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