Nuveen Churchill Direct Lending (NCDL) vs Nuveen Dynamic Municipal Opportunities Fund (NDMO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Nuveen Dynamic Municipal Opportunities Fund (NDMO) has outperformed Nuveen Churchill Direct Lending (NCDL) over the past year, losing 16.7% versus a loss of 21.6%. Nuveen Churchill Direct Lending is the larger company by market cap ($527.9 million vs $524.4 million), about 1.0 times the size. On valuation, Nuveen Churchill Direct Lending trades at a lower trailing P/E (11.3x vs 14.2x for Nuveen Dynamic Municipal Opportunities Fund).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | NCDL | NDMO |
|---|---|---|
| Share price | $10.69 | $8.67 |
| Market cap | $527.95M | $524.40M |
| 1-day change | -1.93% | -1.92% |
| YTD return | -19.87% | -13.99% |
| 1-year return | -21.57% | -16.71% |
| 5-year return | — | -44.95% |
| P/E ratio (TTM) | 11.25 | 14.21 |
| Forward P/E | 6.96 | — |
| EPS (TTM) | $0.95 | $0.61 |
| Dividend yield | 14.22% | 8.10% |
| Annual dividend | $0.00 | $0.00 |
| 52-week high | $15.07 | $10.82 |
| 52-week low | $10.54 | $8.50 |
| Distance from 52-week high | -29.06% | -19.87% |
| Analyst consensus | none | — |
| Avg. price target upside | +28.16% | — |
| Average volume | 192.51K | 233.35K |
| Shares outstanding | 49.39M | 60.48M |
| Sector | Financial Services | Finance |
| Industry | Asset Management | Trusts Except Educational Religious and Charitable |
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 Dynamic Municipal Opportunities Fund trades at a higher earnings multiple (14.2x vs 11.3x trailing P/E).
- Nuveen Churchill Direct Lending offers a meaningfully higher dividend yield (14.22% vs 8.10%).
- The two companies sit in different sectors: Nuveen Churchill Direct Lending in Financial Services and Nuveen Dynamic Municipal Opportunities Fund in Finance.
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
NCDL vs NDMO FAQ
Which is bigger, Nuveen Churchill Direct Lending or Nuveen Dynamic Municipal Opportunities Fund?
Nuveen Churchill Direct Lending (NCDL) is larger, with a market capitalization of $527.95M compared with $524.40M for Nuveen Dynamic Municipal Opportunities Fund (NDMO).
Which stock has performed better over the past year, NCDL or NDMO?
NDMO returned -16.71% over the past 12 months, compared with -21.57% for NCDL (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, NCDL or NDMO?
NCDL has the lower trailing P/E at 11.3, versus 14.2 for NDMO. 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, Nuveen Churchill Direct Lending or Nuveen Dynamic Municipal Opportunities Fund?
Nuveen Churchill Direct Lending has the higher yield at 14.22%, compared with 8.10% for Nuveen Dynamic Municipal Opportunities Fund.
Are Nuveen Churchill Direct Lending and Nuveen Dynamic Municipal Opportunities Fund in the same industry?
No. Nuveen Churchill Direct Lending is in the Financial Services sector, while Nuveen Dynamic Municipal Opportunities Fund is in Finance.