Pearl Diver Credit Company Inc. (PDCC)
NYSE: PDCC · Real-Time Price · USD
8.96
+0.01 (0.11%)
Sep 11, 2026, 4:00 PM EDT - Market closed
Pearl Diver Credit Company Earnings Call Transcripts
Fiscal Year 2026
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Net asset value per share rose 6.4% to $11.15, driven by CLO market recovery and tighter liability spreads. Leverage decreased to 32.9%, and five resets/refinancings reduced cost of debt. Management remains constructive but cautious amid ongoing macro risks.
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Q1 2026 saw strong recurring cash flows and portfolio diversification, but net losses driven by unrealized market losses. Dividend was reduced to preserve capital amid market volatility, with management optimistic about CLO equity opportunities and stabilization in spreads.