Overview of Financial Results
NEW YORK, the Carlyle Credit Income Fund (NYSE: CCIF) recently shared its financial results for the fourth quarter and the full year, highlighting key achievements and strategic decisions that aim to bolster long-term growth.
Nishil Mehta, the Fund’s Principal Executive Officer and President, noted the Fund's focus on enhancing its portfolio while maintaining a strong monthly dividend covered by core net investment income.
Key Achievements in Recent Quarter
During the recent quarter, the Fund reached several significant milestones that underscored its financial stability:
Dividend Maintenance
The Fund successfully maintained its monthly dividend of 10.5 cents through March 2026, representing an impressive annualized dividend yield of 24.14%. This is calculated based on the share price as of the recent reporting period, demonstrating the Fund's commitment to providing reliable returns to its shareholders.
Investment Growth
In the latest quarter, the Carlyle Credit Income Fund funded $34.9 million in new collateralized loan obligation (CLO) investments, achieving a weighted average GAAP yield of 13.65%. The overall portfolio's weighted average GAAP yield stands robust at 14.44%.
Credit Facility Expansion
Further securing its liquidity, the Fund established a $30 million Credit Facility, allowing borrowings at a competitive rate. This facility may be increased to $50 million, providing essential flexibility to navigate financial opportunities.
Financial Performance Indicators
The Fund's financial performance for the fourth quarter revealed the following indicators:
- Net investment income: $0.15 per common share
- Adjusted net investment income: $0.17 per common share
- Core net investment income: $0.32 per common share
- Net asset value per common share: $6.13
- Total fair value of investments: $192.2 million
Dividends Declaration
Carlyle Credit Income Fund is pleased to declare a monthly dividend of $0.1050 per share for December 2025, January, and February 2026 on its common stock. Additionally, the Fund announced dividends on its 7.375% Series D Term Preferred Shares at $0.1536 per share for the same period, reinforcing its commitment to distributing profits effectively among its investors.
Upcoming Conference Call
The Fund is hosting a conference call at 10:00 a.m. EDT to discuss these financial results deeper. Registration details will be available on the Fund's website. Participation is encouraged to gain insights into the Fund's strategies and performance.
About Carlyle Credit Income Fund
Carlyle Credit Income Fund (NYSE: CCIF) operates as an externally managed closed-end fund, primarily investing in equity and junior debt tranches of CLOs. This strategy capitalizes on a diversified portfolio of U.S. senior secured loans, with extensive representation across various industry sectors. Managed by the prominent Carlyle Global Credit Investment Management L.L.C., the Fund benefits from Carlyle's vast expertise and resources in the financial sector.
Frequently Asked Questions
What were the financial results for the fourth quarter?
The Carlyle Credit Income Fund reported net investment income of $0.15 per share and core net investment income of $0.32 per share for the fourth quarter.
What is the current dividend rate for CCIF?
CCIF has announced a monthly dividend of $0.1050 per share for December 2025 through February 2026.
How well is the Fund’s performance compared to previous years?
The Fund has shown strong performance with impressive yields on its investments and consistent dividend payouts, indicating robust financial health.
What investment strategy does CCIF employ?
The Fund focuses on investing in junior debt tranches of CLOs, leveraging its management's expertise and the diversification of its underlying loan portfolio.
Who manages Carlyle Credit Income Fund?
Carlyle Credit Income Fund is externally managed by Carlyle Global Credit Investment Management L.L.C., an entity known for its strategic investment management.
