abrdn Asia-Pacific Income Fund (FAX) 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
Nuveen Churchill Direct Lending is the larger company by market cap ($537.8 million vs $525.9 million), about 1.0 times the size. On valuation, Nuveen Churchill Direct Lending trades at a lower trailing P/E (11.5x vs 13.8x for abrdn Asia-Pacific Income Fund). abrdn Asia-Pacific Income Fund pays a dividend yielding 15.54%, 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 | FAX | NCDL |
|---|---|---|
| Share price | $12.74 | $10.89 |
| Market cap | $525.94M | $537.83M |
| 1-day change | -0.39% | +1.87% |
| YTD return | — | -19.87% |
| 1-year return | — | -21.57% |
| P/E ratio (TTM) | 13.85 | 11.46 |
| Forward P/E | — | 7.09 |
| EPS (TTM) | $0.92 | $0.95 |
| Dividend yield | 15.54% | 14.22% |
| Annual dividend | $1.98 | $0.00 |
| 52-week high | $16.37 | $15.07 |
| 52-week low | $12.60 | $10.54 |
| Distance from 52-week high | -22.17% | -27.74% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +25.80% |
| Average volume | 160.67K | 197.03K |
| Shares outstanding | 41.28M | 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
- abrdn Asia-Pacific Income Fund offers a meaningfully higher dividend yield (15.54% vs 14.22%).
- The two companies sit in different sectors: abrdn Asia-Pacific Income Fund in Finance and Nuveen Churchill Direct Lending in Financial Services.
About abrdn Asia-Pacific Income Fund
FAX stock →Abrdn Asia-Pacific Income Fund Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited.
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
FAX vs NCDL FAQ
Which is bigger, abrdn Asia-Pacific Income Fund or Nuveen Churchill Direct Lending?
Nuveen Churchill Direct Lending (NCDL) is larger, with a market capitalization of $537.83M compared with $525.94M for abrdn Asia-Pacific Income Fund (FAX).
Which has the lower P/E ratio, FAX or NCDL?
NCDL has the lower trailing P/E at 11.5, versus 13.8 for FAX. 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 Asia-Pacific Income Fund or Nuveen Churchill Direct Lending?
abrdn Asia-Pacific Income Fund has the higher yield at 15.54%, compared with 14.22% for Nuveen Churchill Direct Lending.
Are abrdn Asia-Pacific Income Fund and Nuveen Churchill Direct Lending in the same industry?
No. abrdn Asia-Pacific Income Fund is in the Finance sector, while Nuveen Churchill Direct Lending is in Financial Services.