PDCC Overview

Financial Performance: Pearl Diver Credit Company reported a GAAP net loss of $4.3 million for Q3 2025, with a net asset value per share decreasing to $16.89 from $18.19 in the previous quarter, despite an increase in recurring cash flows from CLO investments.

Investment Strategy: The company utilized a machine learning approach to identify attractive investment opportunities, resulting in a weighted average effective yield of 13.07% for its CLO portfolio, up from 12.75% in the prior quarter.

Portfolio Composition: As of September 30, 2025, the company had indirect exposure to approximately 1,304 unique corporate obligors and over 1,900 underlying loans, totaling $25.6 billion, with a focus on CLOs that have reinvestment end dates from 2026 to 2030.

Dividends and Future Outlook: Pearl Diver declared monthly dividends of $0.22 per share for the upcoming months and plans to discuss its Q3 results in a conference call, indicating a commitment to shareholder returns despite current market challenges.

Conference Call Announcement: Pearl Diver Credit Company Inc. will release its third quarter 2025 financial results on November 18, 2025, and host a conference call at 11:00 am ET to discuss these results.

Participation Details: Investors and analysts can join the call by dialing specific numbers for US and international callers, with a live audio webcast available on the company's website.

Company Overview: Pearl Diver Credit Company Inc. is a non-diversified, closed-end management investment company focused on maximizing total return and generating high current income through investments in equity and junior debt tranches of CLOs.

Management Background: Pearl Diver Capital LLP, founded in 2008, specializes in CLO investing and manages approximately $2.9 billion in assets, leveraging advanced analytics and strong relationships with CLO managers for investment opportunities.

Monthly Dividend Announcement: Pearl Diver Credit Company Inc. has declared a monthly dividend of $0.22 per share for common stock for November 2025, December 2025, and January 2026, with specific record and payment dates outlined.

Preferred Stock Dividend: The company also announced a monthly dividend of $0.1667 per share for its 8.00% Series A Term Preferred Stock for the same months, reflecting an annual distribution rate of 8.00%.

Dividend Reinvestment Plan (DRIP): Shareholders can opt to reinvest their dividends in additional shares through the DRIP, with specific valuation methods for determining share issuance based on market price and net asset value.

Company Overview: Pearl Diver Credit Company Inc. is a closed-end management investment company focused on maximizing total return and generating high current income through investments in equity and junior debt tranches of CLOs, managed by Pearl Diver Capital LLP.

Financial Results: Pearl Diver Credit Company Inc. reported a net income of $3.5 million, or $0.52 per share, for the second quarter.

Net Investment Income: The company achieved a net investment income of $3.1 million, equating to $0.46 per share during the same period.

CEO's Commentary: CEO Indranil Basu highlighted the stability of their net asset value and the successful addition of new positions through a machine learning approach to CLO equity investing.

Stock Performance: PDCC shares are currently trading at $16.16, reflecting a decrease of 0.80 percent on the New York Stock Exchange.