MetaCap

Duff & Phelps Utility and Infrastructure Fund (DPG) 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 10, 2026.

Summary

Nuveen Churchill Direct Lending is the larger company by market cap ($533.9 million vs $468.3 million), about 1.1 times the size. On valuation, Duff & Phelps Utility and Infrastructure Fund trades at a lower trailing P/E (3.0x vs 11.4x for Nuveen Churchill Direct Lending).

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

DPG0.00%NCDL+1.12%
+2%+1%-1%
Oct 7, 20261 yearOct 9, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

DPG versus NCDL key metrics
MetricDPGNCDL
Share price$13.01$10.81
Market cap$468.32M$533.87M
1-day change+0.77%-0.73%
YTD return—-18.97%
1-year return—-18.78%
P/E ratio (TTM)3.0411.38
Forward P/E—7.04
EPS (TTM)$4.28$0.95
Dividend yield6.92%14.06%
Annual dividend$0.00$0.00
52-week high$15.15$15.07
52-week low$12.53$10.54
Distance from 52-week high-14.13%-28.27%
Analyst consensus—none
Avg. price target upside—+26.73%
Average volume67.78K200.01K
Shares outstanding36.00M49.39M
SectorFinanceFinancial Services
IndustryTrusts Except Educational Religious and CharitableAsset 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 (11.4x vs 3.0x trailing P/E).
  • Nuveen Churchill Direct Lending offers a meaningfully higher dividend yield (14.06% vs 6.92%).
  • The two companies sit in different sectors: Duff & Phelps Utility and Infrastructure Fund in Finance and Nuveen Churchill Direct Lending in Financial Services.

About Duff & Phelps Utility and Infrastructure Fund

DPG stock →

Duff & Phelps Utility and Infrastructure Fund Inc.. is a closed-ended equity mutual fund launched by Virtus Investment Partners, Inc.

Finance · Trusts Except Educational Religious and Charitable

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

DPG vs NCDL FAQ

Which is bigger, Duff & Phelps Utility and Infrastructure Fund or Nuveen Churchill Direct Lending?

Nuveen Churchill Direct Lending (NCDL) is larger, with a market capitalization of $533.87M compared with $468.32M for Duff & Phelps Utility and Infrastructure Fund (DPG).

Which has the lower P/E ratio, DPG or NCDL?

DPG has the lower trailing P/E at 3.0, versus 11.4 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, Duff & Phelps Utility and Infrastructure Fund or Nuveen Churchill Direct Lending?

Nuveen Churchill Direct Lending has the higher yield at 14.06%, compared with 6.92% for Duff & Phelps Utility and Infrastructure Fund.

Are Duff & Phelps Utility and Infrastructure Fund and Nuveen Churchill Direct Lending in the same industry?

No. Duff & Phelps Utility and Infrastructure Fund is in the Finance sector, while Nuveen Churchill Direct Lending is in Financial Services.

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