---
schema_version: "secwatch.filing_event.v1"
accession: "0001737924-26-000086"
form_type: "8-K"
ticker: "NCDL"
cik: "0001737924"
company_name: "Nuveen Churchill Direct Lending Corp."
filed_at: "2026-08-06T11:22:45+00:00"
generated_at: "2026-08-06T11:25:15.703141+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NCDL Q2 NII $0.41/share, NAV $17.19; declares $0.38 Q3 distribution

## Summary
- Net investment income of $0.41 per share; net realized/unrealized loss of $(0.34) per share; net increase in net assets from operations of $0.07 per share.
- NAV per share $17.19, down from $17.50 at March 31, 2026; debt-to-equity ratio 1.29x.
- Declared Q3 distribution of $0.38/share ($0.36 regular + $0.02 supplemental), payable Oct 27, 2026 to holders of record Sep 30, 2026.
- Redeemed CLO-III at par ($297.9M) and formed unconsolidated JV with institutional investor (NCDL committed $92.8M, 87.5%).
- Issued additional $100M of 2030 Notes; entered interest rate swap (receive fixed 6.65%, pay S+2.55%).

## SEC filing metadata
- accession: 0001737924-26-000086
- form_type: 8-K
- ticker: NCDL
- cik: 0001737924
- company_name: Nuveen Churchill Direct Lending Corp.
- filed_at: 2026-08-06T11:22:45+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1737924/000173792426000086/0001737924-26-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1737924/000173792426000086/ncdlc-20260806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001737924-26-000086
- JSON: https://secwatch.observer/filing/0001737924-26-000086.json
- Plain text: https://secwatch.observer/filing/0001737924-26-000086.txt

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