Pearl Diver Credit Company Inc.

Frequently Asked Questions About PDCC

What does PDCC invest in?

Pearl Diver Credit Co., Inc. functions as an investment firm, with its primary strategy revolving around the acquisition of collateralized loan obligation securities. The company initiated its operations on April 12, 2023, and its corporate headquarters are situated in New York, New York.

What is the expense ratio of PDCC?

An expense ratio for Pearl Diver Credit Company Inc. (PDCC) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

What is PDCC's dividend yield?

PDCC's trailing-twelve-month yield is 30.21%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of PDCC?

Effective duration measures PDCC's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PDCC's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of PDCC?

PDCC's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of PDCC?

Yield to maturity (YTM) is the total return you'd earn from PDCC if every bond in the portfolio is held to maturity at the current price. PDCC's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.