PDCC
Pearl Diver Credit Company Inc.PDCC
PDCC
About: PEARL DIVER CREDIT COMPANY INC is an externally managed, non-diversified, closed-end management investment company. Its primary investment objective is to generate high current income, with a secondary objective to generate capital appreciation by investing predominantly in third-party Collateralized Loan Obligation (CLO) equity and mezzanine tranches of predominately U.S.-dollar-denominated CLOs backed by corporate leveraged loans issued mainly to U.S. obligors.
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
2% more capital invested
Capital invested by funds: $45.9M [Q3] → $46.7M (+$806K) [Q4]
0% more funds holding
Funds holding: 6 [Q3] → 6 (+0) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
0.03% less ownership
Funds ownership: 33.74% [Q3] → 33.7% (-0.03%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for PDCC.
Financial journalist opinion
Neutral
PRNewsWire
2 days ago
Pearl Diver Credit Company Inc. Announces First Quarter 2025 Earnings Conference Call
NEW YORK and LONDON , April 22, 2025 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC, PDPA) (the "Company") today announced that its first quarter 2025 financial results will be released before market open on Tuesday, April 29, 2025. The Company will host a conference call at 11:00 a.m.
Negative
Seeking Alpha
4 weeks ago
Why CLO Equity Could Be In For More Pain Ahead (And How To Navigate It)
CLO equity prices are facing pressure from rising risks and default expectations. CLO equity is still generating strong cash flows for patient investors. Our CEF rotation strategy can deliver alpha during volatile market conditions.
Neutral
Seeking Alpha
1 month ago
CEF Weekly Review: Fixed-Income CEF Coverage Rises Modestly
We review the CEF market valuation and performance through the second week of March and highlight recent market action. CEFs faced pressure from rising credit spreads and lower stocks, with most sectors down over the week, but year-to-date performance remains mostly positive. In response to Fed's rate cuts, distribution coverage across bond CEFs has risen while loan CEF coverage has fallen.
Positive
Seeking Alpha
1 month ago
Closed-End Funds: Seeking Stable Yields From CLO Baby Bonds And Preferred
Collateralized loan obligation CEFs offer high yields but come with significant leverage, volatility and higher risk, making them less appropriate for all income investors. Baby bonds and preferred offerings from CLO CEFs provide safer, more stable income, balancing risk-reward when it comes to seeking income. We have new offerings in the space since our last update, leading to greater diversification potential and increasing the viability of setting up a ladder of maturities.
Neutral
Seeking Alpha
1 month ago
CEF Weekly Review: The Different Flavors Of Net Investment Income
We review the CEF market valuation and performance through the last week of February and highlight recent market action. CEF market saw mixed performance with Muni sectors outperforming due to lower Treasury yields, while Equity-linked sectors underperformed. CCIF declared Q4 numbers with a wide variation between GAAP and Core net investment income.
Positive
Seeking Alpha
2 months ago
CEF Weekly Review: Explaining Preferred CEFs Double-Digit Gains
We review the CEF market valuation and performance through the first week of February and highlight recent market action. CEFs had a strong week, with most sectors in the green, driven by EM Equity and Muni sectors, and year-to-date gains in both NAVs and discounts. We take a look at why preferred CEFs have sharply outperformed their ETF counterparts last year.
Neutral
PRNewsWire
2 months ago
Pearl Diver Credit Company Inc. Declares Monthly Dividends
NEW YORK and LONDON , Feb. 3, 2025 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC, PDPA) (the "Company") today announced that its Board of Directors has declared a regular monthly dividend on shares of the Fund's common stock of $0.22 per share for February, March, and April 2025. PDCC declares $0.22 per common share dividend for February, March, and April 2025.
Neutral
PRNewsWire
2 months ago
Pearl Diver Credit Company Inc. Announces Fourth Quarter 2024 Financial Results
NEW YORK and LONDON, Jan. 28, 2025 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC) (the "Company") today announced financial results for the fourth quarter ended December 31, 2024. Fourth Quarter 2024 Results Net asset value per share of common stock $19.89 as of December 31, 2024.
Neutral
PRNewsWire
3 months ago
Pearl Diver Credit Company Inc. Announces Fourth Quarter 2024 Earnings Conference Call
NEW YORK and LONDON , Jan. 21, 2025 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC, PDPA) (the "Company") today announced that its fourth quarter 2024 financial results will be released before market open on Tuesday, January 28, 2025. The Company will host a conference call at 11:00 a.m.
Neutral
PRNewsWire
3 months ago
Pearl Diver Credit Company Inc. Announces Full Exercise of Overallotment Option on Offering of Series A Preferred Stock
NEW YORK and LONDON , Jan. 6, 2025 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC) (the "Company") today announced that the underwriters of its previously announced public offering (the "Offering") of the Company's 8.00% Series A Preferred Stock Due 2029 (the "Preferred Shares") have fully exercised their option to purchase an additional 180,000 Preferred Shares at a public offering price of $25.00 per share. After giving effect to the full exercise of the overallotment option, the total number of Preferred Shares sold by the Company in the Offering increased to 1,380,000.
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