---
schema_version: "secwatch.filing_event.v1"
accession: "0001999371-26-013287"
form_type: "8-K"
ticker: null
cik: "0001684682"
company_name: "CNL Strategic Capital, LLC"
filed_at: "2026-06-23T21:23:37+00:00"
generated_at: "2026-06-23T21:26:32.086128+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# CNL Strategic Capital reports May NAV up across all classes; declares July distributions

## Summary
- Total NAV $1.497B as of May 31, 2026; NAV per share increased $0.37–$0.50 per class from prior month.
- Class FA NAV $44.10, Class A $39.02, Class T $38.90, Class D $38.71, Class I $39.46, Class S $44.61.
- Board declared monthly distributions of $0.08333–$0.104167 per share for July 2026, payable July 28.
- YTD total returns (without load) range 3.1%–3.8% across classes; 1-year returns 9.5%–11.3%.
- 60% of YTD distributions came from offering proceeds; expense support contributed 20.9% of cash distributions.

## SEC filing metadata
- accession: 0001999371-26-013287
- form_type: 8-K
- cik: 0001684682
- company_name: CNL Strategic Capital, LLC
- filed_at: 2026-06-23T21:23:37+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1684682/000199937126013287/0001999371-26-013287-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1684682/000199937126013287/cnl-8k_062326.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001999371-26-013287
- JSON: https://secwatch.observer/filing/0001999371-26-013287.json
- Plain text: https://secwatch.observer/filing/0001999371-26-013287.txt

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