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Nuveen Churchill Direct Lending (NCDL) Operating Expenses (2022 - 2025)

Historic Operating Expenses for Nuveen Churchill Direct Lending (NCDL) over the last 4 years, with Q3 2025 value amounting to $29.7 million.

  • Nuveen Churchill Direct Lending's Operating Expenses fell 1331.99% to $29.7 million in Q3 2025 from the same period last year, while for Sep 2025 it was $119.2 million, marking a year-over-year increase of 753.11%. This contributed to the annual value of $118.5 million for FY2024, which is 5217.58% up from last year.
  • Per Nuveen Churchill Direct Lending's latest filing, its Operating Expenses stood at $29.7 million for Q3 2025, which was down 1331.99% from $30.3 million recorded in Q2 2025.
  • Over the past 5 years, Nuveen Churchill Direct Lending's Operating Expenses peaked at $34.3 million during Q3 2024, and registered a low of $5.1 million during Q1 2022.
  • Over the past 4 years, Nuveen Churchill Direct Lending's median Operating Expenses value was $23.1 million (recorded in 2023), while the average stood at $21.5 million.
  • As far as peak fluctuations go, Nuveen Churchill Direct Lending's Operating Expenses surged by 21837.82% in 2023, and later tumbled by 1331.99% in 2025.
  • Over the past 4 years, Nuveen Churchill Direct Lending's Operating Expenses (Quarter) stood at $15.0 million in 2022, then skyrocketed by 53.21% to $23.1 million in 2023, then surged by 33.51% to $30.8 million in 2024, then dropped by 3.46% to $29.7 million in 2025.
  • Its Operating Expenses was $29.7 million in Q3 2025, compared to $30.3 million in Q2 2025 and $28.4 million in Q1 2025.