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Nuveen Churchill Direct Lending (NCDL) investor relations material
Nuveen Churchill Direct Lending AGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Opening remarks and agenda
Meeting opened by Vice President and Secretary, welcoming attendees and outlining the agenda and administrative matters.
Proxy statement and annual report made available to all shareholders via the virtual meeting website.
Meeting conducted according to the pre-distributed agenda.
Board and executive committee updates
Principal business was the election of two directors for a three-year term.
Board members and a representative from the independent auditor, PricewaterhouseCoopers LLP, were present.
Shareholder proposals
No additional shareholder nominations or proposals were filed beyond the election of directors.
- Q4 net investment income was $0.56 per share, with strong distributions and portfolio quality.NCDL
Q4 202415 May 2026 - Q4 net investment income was $0.44 per share, NAV $17.72, and portfolio quality remained strong.NCDL
Q4 202515 May 2026 - Q3 2024 net investment income reached $0.58 per share, with NAV per share up to $18.15.NCDL
Q3 202415 May 2026 - Q2 2024 net investment income was $0.57 per share, supporting a 12.3% yield and $2.0B portfolio.NCDL
Q2 202415 May 2026 - Q1 2025 net investment income was $0.53 per share, with a 12.4% annualized yield and strong diversification.NCDL
Q1 202515 May 2026 - Q2 2025 saw $0.46 NII/share, stable NAV, strong liquidity, and a major share repurchase.NCDL
Q2 202515 May 2026 - Net investment income per share fell to $0.43, with a stable $2.0B portfolio and strong liquidity.NCDL
Q3 202515 May 2026 - Q1 2026 net investment income was $0.41 per share; NAV per share declined to $17.50.NCDL
Q1 202615 May 2026 - $2.0B portfolio, 89.8% first lien debt, 9.6% ROE, and strong liquidity highlight disciplined growth.NCDL
Investor presentation8 May 2026
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