Nuveen Churchill Direct Lending (NCDL) Asset Utilization Ratio (2023 - 2026)

Nuveen Churchill Direct Lending has disclosed Asset Utilization Ratio across 4 years of filings, most recently posting 0.09 for Q1 2026.

• Asset Utilization Ratio for Q1 2026 came in at 0.09, down 7.27% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.09 (down 7.27% YoY), and the FY2025 annual result was 0.09, down 15.16% from the prior year.
• Asset Utilization Ratio came in at 0.09 for Q1 2026 at Nuveen Churchill Direct Lending, down from 0.1 in the prior quarter.
• In the past five years, Asset Utilization Ratio ranged from a high of 0.1 in Q3 2025 to a low of 0.08 in Q1 2023.
• The 4-year median for Asset Utilization Ratio is 0.1 (2023), against an average of 0.09.
• Across the five-year window, Asset Utilization Ratio advanced 22.12% in 2024 and decreased 7.27% in 2026, its largest moves.
• Nuveen Churchill Direct Lending's Asset Utilization Ratio stood at 0.1 in 2023, then gained by 0.01% to 0.1 in 2024, then fell by 0.35% to 0.1 in 2025, then dropped by 5.62% to 0.09 in 2026.
• The last three Asset Utilization Ratio figures came in at 0.09 (Q1 2026), 0.1 (Q4 2025), and 0.1 (Q3 2025), per Business Quant data.