Pearl Diver Credit NAV rises to $11.15

• Pearl Diver Credit Company reported second-quarter 2026 NAV per share of $11.15, up from $10.48 in the prior quarter.
• The company reported GAAP net income of $8.5 million, reversing a $22.5 million loss in the previous quarter.
• Pearl Diver Credit declared monthly dividends of $0.13 per share for September, October, and November 2026.

Pearl Diver Credit Company (NYSE:PDCC) reported second-quarter 2026 results with net asset value per common share rising to $11.15 from $10.48 as of March 31, 2026, while GAAP net income reached $8.5 million.

The quarterly results compared with a prior-quarter net loss of $22.5 million, or $3.28 per share, with the change driven mainly by a net change in unrealized appreciation of $6.7 million.

Pearl Diver Credit Company reported net investment income of $1.9 million, or $0.28 per share, based on investment income of $4.2 million and expenses of $2.2 million, while recurring CLO cash flows totaled $8.8 million.

The company stated that it declared monthly dividends of $0.13 per share for September, October, and November 2026.

As of June 30, 2026, Pearl Diver Credit Company reported leverage of $38.4 million, representing 32.9% of total assets, while recurring CLO cash flows through August 15, 2026 reached $7.3 million.

The company reported NAV per share of $10.96 as of July 31, 2026, and continued managing its investment portfolio through collateralized loan obligation investments and related credit strategies.