CCAP

In the past six months, CCAP's board reset the base dividend from $0.42 to $0.34 per share, a 19% cut, and management permanently reduced base management fees from 1.25% to 1.00% and incentive fees from 17.5% to 15.0%, effective April 1, 2026, also declaring special dividends of $0.03 per share payable in three installments through December 2026. For Q1 2026, reported on May 13, 2026, net investment income was $0.42 per share, with a net loss of $(0.42) per share and NAV at $18.27 per share. For Q2 2026, reported on August 10, 2026, net investment income was $0.36 per share, with a net loss of $(0.09) per share and NAV at $17.82 per share, a decrease from previous quarters due to lower dividend income and reduced amortization/prepayment fees. Wall Street Zen upgraded CCAP from "sell" to "hold" on October 10, 2026, while other analysts like BofA and Wells Fargo & Company lowered their price targets. The share price declined by 36.74% from September 22, 2025, to September 18, 2026, opening near its one-year low on October 10, 2026. Insiders sold 451,543 shares worth approximately $4.69 million over the past quarter.