Welcome to our dedicated page for Carlyle Credit Income Ord news (Ticker: CCIF), a resource for investors and traders seeking the latest updates and insights on Carlyle Credit Income Ord stock.
Carlyle Credit Income Fund (CCIF) provides investors with exposure to collateralized loan obligation (CLO) markets through its focus on junior debt and equity tranches. This news hub offers comprehensive coverage of the fund's activities in structured credit markets, including earnings updates and strategic developments.
Access real-time announcements about portfolio adjustments, dividend declarations, and market positioning. Our curated collection features official press releases alongside third-party analysis of CCIF's performance in below-investment-grade credit markets.
Key updates include CLO portfolio allocations, convertible preferred share activity, and management commentary on credit market conditions. Investors benefit from centralized access to both regulatory filings and expert interpretations of the fund's income generation strategies.
Bookmark this page for ongoing insights into CCIF's approach to balancing current income with capital appreciation potential. Monitor the fund's navigation of credit cycles through timely updates on its diversified senior loan portfolio and risk management practices.
Carlyle Credit Income Fund (NYSE: CCIF) announced its second quarter 2024 financial results for the period ending March 31, 2024. Key highlights include deploying the remaining proceeds from the preferred stock offering into new CLO equity positions, yielding a weighted average GAAP yield of 19.4%, and an aggregate portfolio yield of 20.8%. The fund maintained a monthly dividend of $0.1050 per share, representing a 15.95% annualized yield based on the May 28, 2024, share price. Net investment income was $0.33 per common share, with a net asset value of $7.88 per share. The total fair value of investments stood at $142.1 million. Additionally, the Fund sold 570,000 common shares, generating net proceeds of $4.5 million.
Carlyle Credit Income Fund (CCIF) will release its second quarter 2024 financial results on May 29, 2024, followed by an investor conference call on May 30, 2024, at 10:00 a.m. EDT. The call will be accessible via webcast on CCIF's website.