MarketBeat
08 Aug 2026, 20:05 UTC · 6w ago
Verdict
Headline takes no side. We score NCDL −0.30 across five claims — moderately bearish.
−0.30moderately bearish
More negative than 70% of ticker scores this week
What the story claims
5 claims · scored −1 bearish … +1 bullish
Non-accrual investments increased from 0.6% to 1.5% of fair value and the internal watch list rose to 10.8% from 8.4%.
More negative than 95% of claims this week
Net Asset Value (NAV) declined by 1.8% quarter-over-quarter to $17.19 per share.
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5 related stories
Scored by the NIS engine · methodology.
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More negative than 87% of claims this week
Gross originations plummeted from $82.9 million in the first quarter to $12.1 million in the second quarter.
More negative than 79% of claims this week
NCDL declared a total third-quarter distribution of $0.38 per share, including a $0.02 supplemental payment.
More positive than 50% of claims this week
The pro forma weighted average cost of debt improved to SOFR plus 188 basis points following a CLO redemption and note tap.
So whatLowering the cost of capital improves the net interest margin and enhances overall profitability.
More positive than 50% of claims this week
Which stocks this story touches
More negative than 70% of ticker scores this week
The company experienced a decline in net asset value, an increase in non-accrual investments, and reported net realized and unrealized losses.
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−8.0%
Price agrees with the score
$11.79 vs $12.82 close before publication (Aug 7) · not market-adjusted
NCDL chart →
