Nuveen Churchill Private Capital Income Fund Provides NAV, Distributions, and Fee Waiver Update

Nuveen Churchill Private Capital Income Fund

Adviser waived 50% of incentive fee based on income for February 2026 under new fee waiver agreement.
NAV per share as of Feb 28: Class I $24.16, Class S $24.09, Class D $24.16; aggregate NAV approximately $1.5 billion.
Declared regular distributions for March 2026: Class I $0.170, Class S $0.153 net, Class D $0.165 net.
Portfolio: 334 companies, 93.08% first-lien debt, weighted average yield 8.70%, floating rate debt 96.00%.
Gross subscriptions of ~$120 million in Q1 2026; ~3.2% of shares tendered in repurchase offer.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Nuveen Churchill Private Capital Income Fund entered into Fee Waiver Agreement with Churchill PCIF Advisor LLC (effective 2026-03-30).

Action: entry
Counterparty: Churchill PCIF Advisor LLC
Effective: 2026-03-30

Exact text from the filing

On March 30, 2026, Nuveen Churchill Private Capital Income Fund (the "Fund") entered into an incentive fee waiver agreement (the “Fee Waiver Agreement”) with Churchill PCIF Advisor LLC, the Fund's investment adviser (the “Adviser”), pursuant to which the Adviser has agreed to waive 50% of the incentive fee based on income payable by the Fund to the Adviser for the period from February 1, 2026 through February 28, 2026.

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Source: SEC EDGAR

accession 0001911066-26-000021

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