NCDL vs. PRFRX
Compare and contrast key facts about Nuveen Churchill Direct Lending Corp. (NCDL) and T. Rowe Price Floating Rate Fund (PRFRX).
PRFRX is managed by T. Rowe Price. It was launched on Jul 29, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: NCDL or PRFRX.
Correlation
The correlation between NCDL and PRFRX is 0.01, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
NCDL vs. PRFRX - Performance Comparison
Key characteristics
NCDL:
0.74
PRFRX:
3.45
NCDL:
1.18
PRFRX:
10.46
NCDL:
1.14
PRFRX:
3.51
NCDL:
1.21
PRFRX:
11.53
NCDL:
4.60
PRFRX:
56.85
NCDL:
2.67%
PRFRX:
0.15%
NCDL:
16.61%
PRFRX:
2.52%
NCDL:
-10.15%
PRFRX:
-20.05%
NCDL:
0.00%
PRFRX:
-0.11%
Returns By Period
In the year-to-date period, NCDL achieves a 6.03% return, which is significantly higher than PRFRX's 0.51% return.
NCDL
6.03%
5.47%
9.35%
13.83%
N/A
N/A
PRFRX
0.51%
0.40%
4.21%
8.67%
5.35%
4.61%
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Risk-Adjusted Performance
NCDL vs. PRFRX — Risk-Adjusted Performance Rank
NCDL
PRFRX
NCDL vs. PRFRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Churchill Direct Lending Corp. (NCDL) and T. Rowe Price Floating Rate Fund (PRFRX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
NCDL vs. PRFRX - Dividend Comparison
NCDL's dividend yield for the trailing twelve months is around 12.44%, more than PRFRX's 8.07% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NCDL Nuveen Churchill Direct Lending Corp. | 12.44% | 12.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
PRFRX T. Rowe Price Floating Rate Fund | 8.07% | 8.17% | 8.33% | 5.20% | 3.87% | 4.00% | 4.84% | 4.86% | 4.04% | 4.08% | 4.08% | 3.85% |
Drawdowns
NCDL vs. PRFRX - Drawdown Comparison
The maximum NCDL drawdown since its inception was -10.15%, smaller than the maximum PRFRX drawdown of -20.05%. Use the drawdown chart below to compare losses from any high point for NCDL and PRFRX. For additional features, visit the drawdowns tool.
Volatility
NCDL vs. PRFRX - Volatility Comparison
Nuveen Churchill Direct Lending Corp. (NCDL) has a higher volatility of 2.83% compared to T. Rowe Price Floating Rate Fund (PRFRX) at 0.66%. This indicates that NCDL's price experiences larger fluctuations and is considered to be riskier than PRFRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.