Nuveen Churchill Direct Lending (NCDL) Net Realized and Unrealized Gains (Losses) (2019 - 2026)
Nuveen Churchill Direct Lending (NCDL) posted Net Realized and Unrealized Gains (Losses) of -$2.79 million for Q3 2026, compared with -$2.73 million a year earlier.
Powered by 
Analysis
Nuveen Churchill Direct Lending (NCDL) Net Realized and Unrealized Gains (Losses) (2019 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Realized and Unrealized Gains (Losses) at Nuveen Churchill Direct Lending was -$36.49 million; for FY2025, it was -$27.72 million.
- In prior years, Nuveen Churchill Direct Lending's Net Realized and Unrealized Gains (Losses) was -$6.07 million in FY2024, -$8.07 million in FY2023, -$28.2 million in FY2022 and $7.01 million in FY2021.
- Quarterly Net Realized and Unrealized Gains (Losses) has run from a low of -$16.63 million in Q2 2026 to a high of $5.15 million in Q3 2024 over five years.
- According to Business Quant data, Net Realized and Unrealized Gains (Losses) for the three prior quarters was -$16.63 million (Q2 2026), -$11.36 million (Q1 2026) and -$5.73 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Gains (Losses) (Qtr) |
|---|---|---|---|---|---|
| 1 | Royalty Pharma | 39.80 Bn | 40.13 Bn | - | - |
| 2 | Rocket Companies | 38.90 Bn | 27.72 Bn | - | - |
| 3 | Orix | 38.66 Bn | 9.30 Bn | 13.83 Bn | 1.75 Bn |
| 4 | Federal National Mortgage Association Fannie Mae | 26.46 Bn | -16,107.65 Bn | - | - |
| 5 | Synchrony Financial | 22.47 Bn | -45.15 Bn | - | - |
| 6 | Affirm Holdings | 22.07 Bn | 15.11 Bn | - | - |
| 7 | Royal Gold | 21.71 Bn | 20.92 Bn | 402.46 Mn | - |
| 8 | Ares Capital | 13.84 Bn | 11.59 Bn | - | -9.00 Mn |
| 9 | Annaly Capital Management | 13.83 Bn | 4.86 Bn | - | - |
| 10 | Nuveen Churchill Direct Lending | 581.78 Mn | 549.38 Mn | - | -2.79 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -2.79 Mn |
| Jun 30, 2026 | -16.63 Mn |
| Mar 31, 2026 | -11.36 Mn |
| Dec 31, 2025 | -5.73 Mn |
| Sep 30, 2025 | -2.73 Mn |
| Jun 30, 2025 | -6.84 Mn |
| Mar 31, 2025 | -12.43 Mn |
| Dec 31, 2024 | -707,000.00 |
| Sep 30, 2024 | 5.15 Mn |
| Jun 30, 2024 | -10.80 Mn |
| Mar 31, 2024 | 291,000.00 |
| Dec 31, 2023 | 2.88 Mn |
| Sep 30, 2023 | -1.51 Mn |
| Jun 30, 2023 | -4.40 Mn |
| Mar 31, 2023 | -5.04 Mn |
| Dec 31, 2022 | -6.97 Mn |
| Sep 30, 2022 | -6.43 Mn |
| Jun 30, 2022 | -12.45 Mn |
| Mar 31, 2022 | -2.35 Mn |
| Dec 31, 2021 | 1.64 Mn |
API Access
Nuveen Churchill Direct Lending Net Realized and Unrealized Gains (Losses) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-realized-and-unrealized-gains-losses&ticker=NCDL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-realized-and-unrealized-gains-losses", "ticker": "NCDL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-realized-and-unrealized-gains-losses&ticker=NCDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();