abrdn Income Credit Strategies Fund (ACP) vs Nuveen Churchill Direct Lending (NCDL)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
abrdn Income Credit Strategies Fund is the larger company by market cap ($542.7 million vs $529.7 million), about 1.0 times the size. On valuation, abrdn Income Credit Strategies Fund trades at a lower trailing P/E (7.1x vs 11.3x for Nuveen Churchill Direct Lending). abrdn Income Credit Strategies Fund pays a dividend yielding 21.50%, while Nuveen Churchill Direct Lending does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | ACP | NCDL |
|---|---|---|
| Share price | $4.33 | $10.73 |
| Market cap | $542.66M | $529.68M |
| 1-day change | -1.03% | +0.33% |
| YTD return | — | -19.87% |
| 1-year return | — | -21.57% |
| P/E ratio (TTM) | 7.09 | 11.29 |
| Forward P/E | — | 6.98 |
| EPS (TTM) | $0.61 | $0.95 |
| Dividend yield | 21.50% | 14.22% |
| Annual dividend | $0.93 | $0.00 |
| 52-week high | $5.81 | $15.07 |
| 52-week low | $4.32 | $10.54 |
| Distance from 52-week high | -25.56% | -28.83% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +27.74% |
| Average volume | 731.34K | 197.03K |
| Shares outstanding | 125.47M | 49.39M |
| Sector | Finance | Financial Services |
| Industry | Investment Managers | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Nuveen Churchill Direct Lending trades at a higher earnings multiple (11.3x vs 7.1x trailing P/E).
- abrdn Income Credit Strategies Fund offers a meaningfully higher dividend yield (21.50% vs 14.22%).
- The two companies sit in different sectors: abrdn Income Credit Strategies Fund in Finance and Nuveen Churchill Direct Lending in Financial Services.
About abrdn Income Credit Strategies Fund
ACP stock →Abrdn Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited. It is co-managed by Aberdeen Standard Investments Inc.
Finance · Investment Managers
About Nuveen Churchill Direct Lending
NCDL stock →Nuveen Churchill Direct Lending Corp. (the Company) is business development company and was formed on March 13, 2018, as a limited liability company under the laws of the State of Delaware and was converted into a Maryland corporation on June 18, 2019 prior to the commencement of operations.
Financial Services · Asset Management
ACP vs NCDL FAQ
Which is bigger, abrdn Income Credit Strategies Fund or Nuveen Churchill Direct Lending?
abrdn Income Credit Strategies Fund (ACP) is larger, with a market capitalization of $542.66M compared with $529.68M for Nuveen Churchill Direct Lending (NCDL).
Which has the lower P/E ratio, ACP or NCDL?
ACP has the lower trailing P/E at 7.1, versus 11.3 for NCDL. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, abrdn Income Credit Strategies Fund or Nuveen Churchill Direct Lending?
abrdn Income Credit Strategies Fund has the higher yield at 21.50%, compared with 14.22% for Nuveen Churchill Direct Lending.
Are abrdn Income Credit Strategies Fund and Nuveen Churchill Direct Lending in the same industry?
No. abrdn Income Credit Strategies Fund is in the Finance sector, while Nuveen Churchill Direct Lending is in Financial Services.