Pearl Diver Credit (NYSE:PDCC) reported a recovery in net asset value and positive operating results for the second quarter of 2026 as CLO equity market liquidity and valuations improved from the prior quarter.
Net asset value per share rose 6.4% to $11.15 at June 30 from $10.48 at March 31. Net as
Pearl Diver Credit (NYSE:PDCC) reported a first-quarter net loss as market-driven unrealized losses weighed on results, while management said recurring cash flows from its CLO portfolio remained strong enough to exceed distributions and expenses.
Chief Executive Officer Indranil Basu said the broad
