Nuveen Churchill Direct Lending: Downgrading Despite 30% Discount And Double-Digit Yield
· seekingalpha.com
Nuveen Churchill Direct Lending downgraded to hold: rising non-accruals, NAV decline, dividend cut, and macro headwinds. Click for more on NCDL stock.
Over the past year, the BDC ( BIZD ) sector has significantly underperformed. In my opinion, despite higher-for-longer interest rates, which can be a tailwind f...