$11.780
+0.121 (+1.03%)At close
CGBD News
CGBD Events
CGBD Reports Q2 NAV per Share of $15.62
Reports Q2 NAV per share $15.62. Alex Chi, CGBD's Chief Executive Officer, said, "CGBD had another strong quarter of earnings in the second quarter, with full coverage on the updated quarterly dividend and low non-accruals. We continued to ramp our fee-free joint venture complex, achieving high-teens returns at both investment funds during the second quarter. Looking to the second half of the year, we are focused on continuing to deliver stable income and consistent credit performance, while taking share in the broader direct lending market by leveraging the OneCarlyle platform."
CGBD NAV per Common Share Decreases 2.3% to $15.89 in Q1
NAV per common share decreased by 2.3% for Q1 to $15.89 from $16.26 as of December 31, 2025. Alex Chi, CEO, said, "Despite macroeconomic uncertainty and market volatility, CGBD delivered another quarter of stable earnings, supported by consistent credit performance. We are seeing an increasingly attractive investment environment, with spreads on new originations expanding, positioning the portfolio for improved yields and stronger earnings power over time. In this context, we have reset the base dividend to better align with current portfolio earnings, while maintaining the potential to deliver additional value to shareholders through supplemental dividends as earnings grow. We believe this approach enhances our financial flexibility and supports a stable NAV. We remain focused on leveraging the OneCarlyle platform and enhancing our origination engine to take market share, as well as scaling our joint ventures which both ended the quarter with over $1B in assets."
CGBD Reports Q4 NAV per Share of $16.26
Reports Q4 NAV per share $16.26. Alex Chi, CGBD's CEO, said, "As CGBD's newly appointed CEO, I look forward to continuing to build on Carlyle's strong track record and world-class platform. Building off record origination volume in the fourth quarter and full year 2025, we continue to expand our origination apparatus and are focused on further harnessing the full power of the OneCarlyle platform. The depth of our underwriting sector expertise positions us to take share in a more active market environment, and we are confident in the strength and credit quality of our existing portfolio should volatility persist. As we accelerate the growth and impact of the Carlyle Direct Lending business, CGBD's core strategy remains focused on stable, high-quality credits in the middle market, complemented by strategic partnerships that enhance return on equity, exemplified by our newly announced structured credit joint venture."
Carlyle Secured Lending Posts Q3 EPS of 37c, Below Consensus Estimate of 39c
Reports Q3 NAV per share $16.36. Justin Plouffe, CGBD's Chief Executive Officer, said, "We continue to be active in the current market with disciplined underwriting standards. We experienced another quarter of net growth in the portfolio as we maintain leverage at the mid-point of our target range. On the other side of the balance sheet, we continued to optimize CGBD's capital structure post-quarter-end with our second institutional bond issuance and the repayment of the CSL III SPV Credit Facility, which lowers our cost of financing. With consistent NII generation and significant spillover available to support our dividend, CGBD remains focused on delivering stable income and consistent credit performance as we execute our strategy for investors."
Carlyle Secured Lending reports Q2 EPS 39c, consensus 39c
Reports Q2 NAV per share $16.43. Justin Plouffe, CGBD's CEO, said, "Despite market uncertainty, the second quarter was another record quarter of originations for both CGBD and the broader Carlyle Direct Lending platform. With CGBD net financial leverage at the mid-point of our target range, we remain well positioned to benefit from the expected pickup in deal volume in the second half of the year. Although spreads in the overall market remain historically tight, we continue to be dynamic in our origination strategies and disciplined in our underwriting approach, providing consistent credit performance and core middle market exposure."
This page is for research only and is not investment advice. Models can be wrong. Past performance does not guarantee future results.