All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

CCLFX: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

CCLFX real return snapshot: after CPI-U inflation, CCLFX returned +2.90% over the past year and −1.16% YTD, with dividends reinvested. Since Mar. 6, 2019, CCLFX is up +40.54% in real purchasing-power return, or +4.80%/yr, and is currently −1.36% below its real total-return high on Jan. 23, 2026.

Data ending Wed Jun. 10, 2026

Wed 2019-03-06💬 to Wed 2026-06-10 YTD
Return 		1 Year
Return
CCLFX × 		−1.16%
2026-06-10 		+2.90%
2026-06-10
Cliffwater Corporate Lending Fund Mutual Fund

Returns

Wed 2019-03-06💬 to Wed 2026-06-10 Overall
Return 		Exponential
Trendline
CCLFX × 		+40.54%
+4.80%/yr 		+5.42%/yr
(R2=0.947)
Cliffwater Corporate Lending Fund Mutual Fund

Growth of $10,000

Wed 2019-03-06💬 to Wed 2026-06-10 Start
Value 		End
Value
CCLFX × 		$10,000.00
2019-03-06 		$14,054.03
2026-06-10
Cliffwater Corporate Lending Fund Mutual Fund

Annual Returns

Year CCLFX
2026 (YTD) −1.16%
2025 +6.08%
2024 +9.47%
2023 +9.01%
2022 +0.05%
2021 +3.13%
2020 +7.27%
2019 +1.49%

Drawdowns

Wed 2019-03-06💬 to Wed 2026-06-10 Current
Drawdown 		Worst
Drawdown
CCLFX × 		−1.36%
from 2026-01-23 peak 		−3.88%
2020-03-25
from 2020-02-14 peak
Cliffwater Corporate Lending Fund Mutual Fund

Rolling Returns

Period ending Wed 2026-06-10 1
Year 		2
Years 		3
Years 		5
Years 		10
Years
CCLFX × 		+2.90% +10.83%
+5.28%/yr 		+22.42%
+6.98%/yr 		+27.32%
+4.95%/yr 		—
Cliffwater Corporate Lending Fund Mutual Fund