Nuveen Churchill Private Capital Income Fund

CIK 0001911066Nuveen Churchill

Nuveen Churchill Private Capital Income Fund is a non-traded business development company advised by Nuveen Churchill. With $2.2 billion in total assets, it is a mid-sized fund in the coverage universe. The portfolio is concentrated in direct lending, with 95% in first-lien senior secured loans and 96% floating-rate, at a weighted-average spread of 455 bps over the base rate. Its largest sector exposure is Industrials (17% of holdings).

AUM

$2.2B

Positions

660

Strategy

Private Credit

Wtd. Avg. Coupon

8.3%

Wtd. Avg. Spread

5 bps

Wtd. Avg. Maturity

4.3 yrs

98% coverage

Top 10 Concentration

8.3%

Instrument type

Share of portfolio fair value

First Lien

93%

of fair value

First Lien Senior Loans92.8%

Unsecured Loans4.7%

Equity1.8%

Fund Vehicles0.6%

Industry exposure

Share of holdings fair value

Top 5

90%

of holdings

Industrials17.0%

Health Care8.5%

Information Technology3.5%

Utilities2.8%

Consumer Staples2.5%

Other2.5%

Financials2.1%

Materials1.1%

Communication Services0.8%

Consumer Discretionary0.8%

Energy0.1%

Unknown58.3%

Unknown sector positions lack GICS classification in the source filing or could not be reconciled.

Maturity profile

Share of debt fair value by years to maturity.

Risk & Credit Indicators

PIK in Terms

6.3%