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Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Checkbox not checked   Rule 13d-1(b)
Checkbox not checked   Rule 13d-1(c)
Checkbox not checked   Rule 13d-1(d)




SCHEDULE 13D/A 0001480561 XXXXXXXX LIVE 20 Common Stock, $0.01 par value per share 04/11/2025 false 0001844684 000000000 NC SLF INC. 375 Park Avenue, 9th Floor New York NY 10152 Garon Meikle, Chief Financial (313) 324-5900 UAW Retiree Medical Benefits Trust 1155 Brewery Park Blvd., Suite 400 Detroit MI 48207 0001480561 N UAW Retiree Medical Benefits Trust a WC N XX 0.00 55348999.00 0.00 55348999.00 55348999.00 N 99.2 EP 0001795057 N UAW Chrysler Retirees Medical Benefits Plan a WC N XX 0.00 10793053.00 0.00 10793053.00 10793053.00 N 19.3 EP 0001795052 N UAW Ford Retirees Medical Benefits Plan a WC N XX 0.00 16826095.00 0.00 16826095.00 16826095.00 N 30.1 EP 0001795050 N UAW GM Retirees Medical Benefits Plan a WC N XX 0.00 27729851.00 0.00 27729851.00 27729851.00 N 49.7 EP 0001794997 N Hershel Harper a AF N X1 0.00 55348999.00 0.00 55348999.00 55348999.00 N 99.2 IN Common Stock, $0.01 par value per share NC SLF INC. 375 Park Avenue, 9th Floor New York NY 10152 This Item 4 is hereby amended to include the following: On April 11, 2025, pursuant to distribution reinvestment plans (i) UAW Chrysler Retirees Medical Benefits Plan reinvested distribution proceeds in the Issuer and the Issuer issued to UAW Chrysler Retirees Medical Benefits Plan 259,292 Shares; (ii) UAW Ford Retirees Medical Benefits Plan reinvested distribution proceeds in the Issuer and the Issuer issued to UAW Ford Retirees Medical Benefits Plan 404,230 Shares; and (iii) UAW GM Retirees Medical Benefits Plan reinvested distribution proceeds in the Issuer and the Issuer issued to UAW GM Retirees Medical Benefits Plan 666,182 Shares. The price per Share was $9.75. The purpose of the transaction was to acquire securities of the Issuer for investment purposes. The Issuer is a business development company. The Reporting Persons expect to continue to beneficially own, in the aggregate, greater than 99% of the Shares outstanding. The investment strategy and investment policy of the Issuer have been devised by, and will be implemented by, Churchill Asset Management LLC. The Reporting Persons do not have any plans or proposals to make any changes to the Issuer's investment policy. The Reporting Persons may change their intention with respect to any and all matters referred to in this Item 4. Except as set forth herein, the Reporting Persons have no present plan or proposal that would relate to or result in any of the matters set forth in subparagraphs (a)-(j) of Item 4 of Schedule 13D. The aggregate number of Shares to which this Amendment No. 20 relates is 55,348,999. Such aggregate number of Shares represents 99.2% of the common stock of the Issuer. The percentage reported in this Amendment No. 20 is calculated based upon 55,797,995 Shares outstanding as of April 11, 2025 as indicated by the Issuer. The UAW Chrysler Retirees Medical Benefits Plan beneficially owns and has shared voting and dispositive power of 10,793,053 Shares. Such Shares represent 19.3% of the Shares outstanding. The UAW Ford Retirees Medical Benefits Plan beneficially owns and has shared voting and dispositive power of 16,826,095 Shares. Such Shares represent 30.1% of the Shares outstanding. The UAW GM Retirees Medical Benefits Plan beneficially owns and has shared voting and dispositive power of 27,729,851 Shares. Such Shares represent 49.7% of the Shares outstanding. UAW RMBT is the trust under which the Plans are established and, pursuant to Rule 13d-3, may be deemed to beneficially own the 55,348,999 Shares held by the Plans. Such Shares represent 99.2% of the Shares outstanding. UAW RMBT is an indirect beneficial owner of these Shares. Hershel Harper is the chief investment officer of UAW RMBT, the trust under which the Plans are established, and, pursuant to Rule 13d-3 may be deemed to beneficially own the 55,348,999 Shares held by the Plans. Such Shares represent 99.2% of the Shares outstanding. Hershel Harper is an indirect beneficial owner of these Shares. Except as disclosed in Item 4, no transactions in the Shares were effected during the past sixty days by the Reporting Persons. Not applicable. Not applicable. UAW Retiree Medical Benefits Trust /s/ Garon Meikle Garon Meikle/ Chief Financial Officer 04/14/2025 UAW Chrysler Retirees Medical Benefits Plan /s/ Garon Meikle Garon Meikle/ Chief Financial Officer 04/14/2025 UAW Ford Retirees Medical Benefits Plan /s/ Garon Meikle Garon Meikle/ Chief Financial Officer 04/14/2025 UAW GM Retirees Medical Benefits Plan /s/ Garon Meikle Garon Meikle/ Chief Financial Officer 04/14/2025 Hershel Harper /s/ Hershel Harper Hershel Harper 04/14/2025