CCIF
Carlyle Credit Income FundCCIF
CCIF
About: Carlyle Credit Income Fund is a non-diversified, closed-end management investment company. The Fund's primary investment objective is to generate current income, with a secondary objective to generate capital appreciation. The Fund seeks to achieve its investment objective by investing predominantly in equity and junior debt tranches of collateralized loan obligations, that are collateralized by a portfolio consisting mainly of below-investment-grade U.S. senior secured loans with a large number of distinct underlying borrowers across various industry sectors.
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
16% more capital invested
Capital invested by funds: $8.69M [Q2] → $10.1M (+$1.38M) [Q3]
0.54% more ownership
Funds ownership: 8.61% [Q2] → 9.15% (+0.54%) [Q3]
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
14% less funds holding
Funds holding: 22 [Q2] → 19 (-3) [Q3]
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$8
1%
upside
Avg. target
$8
1%
upside
High target
$8
1%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Oppenheimer Mitchel Penn 57% 1-year accuracy 4 / 7 met price target | 1%upside $8 | Perform Initiated | 9 Dec 2024 |
Financial journalist opinion
Neutral
Seeking Alpha
4 weeks ago
Carlyle Credit Income Fund (CCIF) Q4 2024 Earnings Call Transcript
Carlyle Credit Income Fund (NYSE:CCIF ) Q4 2024 Earnings Conference Call November 21, 2024 10:00 AM ET Company Participants Jane Cai - Investor Relations Lauren Basmadjian - Chief Executive Officer Nishil Mehta - Portfolio Manager Nelson Joseph - Chief Financial Officer Conference Call Participants Mickey Schleien - Ladenburg Matthew Howlett - B. Riley Operator Good day, and thank you for standing by.
Neutral
GlobeNewsWire
1 month ago
Carlyle Credit Income Fund Announces Fourth Quarter and Full Year 2024 Financial Results and Declares Monthly Common and Preferred Dividends
NEW YORK, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Carlyle Credit Income Fund (“we,” “us,” “our,” “CCIF” or the “Fund”) (NYSE: CCIF) today announced its financial results for its fourth quarter and full year ended September 30, 2024. The full detailed presentation of the Fund's fourth quarter and full year ended September 30, 2024, financial results can be viewed on the Fund's website carlylecreditincomefund.com/investor-dashboard.
Neutral
GlobeNewsWire
1 month ago
Carlyle Credit Income Fund Schedules Fourth Quarter and Full Year 2024 Financial Results and Investor Conference Call
NEW YORK, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Carlyle Credit Income Fund (“we,” “us,” “our,” “CCIF” or the “Fund”) (NYSE: CCIF) announced today that it will release financial results after market close on Wednesday November 20, 2024, for its fourth quarter and full year 2024. CCIF will host a conference call at 10:00 a.m. EDT on Thursday, November 21, 2024, to discuss the results.
Neutral
Seeking Alpha
2 months ago
Betting On Corporate America To 'Muddle Through' Whatever Lies Ahead
Credit investing is like betting on horses to merely survive the race and make it around the track. Equity investing is like betting on horses to win, place or show. Credit bets are a lot easier to win than equity bets.
Positive
Seeking Alpha
2 months ago
Carlyle Credit Income Fund: Strong Dividend Coverage From CLO Exposure
Carlyle Credit Income Fund operates as a closed end fund with diverse CLO Equity exposure across multiple industries. CCIF offers a high dividend yield of 14.7% and distributions are paid out on a monthly basis. The distribution is well-supported through a combination of net investment income and recurring cash flows.
Positive
Seeking Alpha
3 months ago
Preferreds Weekly Review: Recent Issues Often Offer Highest Yields
We take a look at the action in preferreds and baby bonds through the fourth week of July and highlight some of the key themes we are watching. Preferred stocks and baby bonds saw positive price movement, with most sub-sectors finishing in the green on the week with credit spreads remaining tight. New issues often offer stronger yields than existing shares; investors should monitor new securities for better yield opportunities.
Neutral
GlobeNewsWire
3 months ago
Carlyle Credit Income Fund Announces Private Placement of Convertible Preferred Shares and Registered Direct Placement of Common Shares
NEW YORK, Aug. 27, 2024 (GLOBE NEWSWIRE) -- Carlyle Credit Income Fund (the “Fund”) (NYSE: CCIF), an externally managed closed-end fund focused on investing in primarily equity and junior debt tranches of collateralized loan obligations, has entered into a Purchase Agreement with certain institutional investors for the purchase and sale of approximately 11,517 shares of the Fund's 7.125% Series B Convertible Preferred Shares due August 2029 (the “Convertible Preferred Shares”), liquidation preference $1,000.00 per share. The Fund expects to receive net proceeds (before expenses) from the sale of the Convertible Preferred Shares of approximately $10.6 million. The offering is expected to close on or about August 27, 2024, subject to the satisfaction of customary closing conditions.
Neutral
Seeking Alpha
3 months ago
Carlyle Credit Income Fund (CCIF) Q3 2024 Earnings Call Transcript
Carlyle Credit Income Fund (NYSE:CCIF ) Q3 2024 Results Conference Call August 22, 2024 10:00 AM ET Company Participants Jane Cai - Vice President & Senior Product Specialist, Investor Relations Lauren Basmadjian - Chief Executive Officer Nishil Mehta - Portfolio Manager Nelson Joseph - Chief Financial Officer Conference Call Participants Mickey Schleien - Ladenburg Matthew Howlett - B. Riley Operator Good day, and thank you for standing by.
Neutral
GlobeNewsWire
4 months ago
Carlyle Credit Income Fund Announces Third Quarter 2024 Financial Results
NEW YORK, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Carlyle Credit Income Fund (“we,” “us,” “our,” “CCIF” or the “Fund”) (NYSE: CCIF) today announced its financial results for its third quarter ending June 30, 2024. The full detailed presentation of the Fund's third quarter 2024 financial results can be viewed on the Fund's website carlylecreditincomefund.com/investor-dashboard.
Positive
Seeking Alpha
4 months ago
Carlyle Credit Income Fund: Get 15% Yield From The Newest CEF That Holds CLO Equity
Investing in closed-end funds, or CEFs, can provide passive income through high-yield distributions, potential for growth, and reinvestment opportunities. Carlyle Credit Income Fund is a CEF investing in collateralized loan obligations, offering a 15% dividend yield and potential for future dividend increases. The CCIF CEF has shown strong performance, beating the S&P 500, and is expected to continue delivering high-yield income with potential for capital appreciation.
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