Streetbeat News

CCIF

Carlyle Credit Income Fund

https://www.carlylecreditincomefund.com/

Industry

Asset Management - Income

Carlyle Credit Income Fund is a close ended fixed income mutual fund launched and managed by Vertical Capital Asset Management, LLC. The fund is co - managed by Behringer Advisors, LLC. The Fund invests mainly in fixed-income securities. The fund invests in stocks of companies operating across diversified sectors. It seeks to benchmark the performance of its portfolio against the Barclays Capital U.S. Mortgage Backed Securities Index. Carlyle Credit Income Fund was formed on December 30, 2011 and is domiciled in the United States.

Open

8.30

Mkt cap

110M

Volume

115K

High

8.30

P/E Ratio

-7.35

52-wk high

8.80

Low

8.22

Div yield

0.15

52-wk low

7.43

B. Riley Securities has initiated coverage on Carlyle Credit Income (NYSE:CCIF) with a Buy rating and set a price target of $9.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 12:56 pm

The Carlyle Credit Income Fund (CCIF) has announced an increase in its monthly dividend from $0.0994 to $0.1050, signaling a positive development for investors seeking income through dividends.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 10:03 pm

Carlyle Credit Income Fund (CCIF) reported a Q1 2024 net investment income of $0.24 per share, a significant increase from a loss of $0.14 per share in the previous quarter.

Portfolio Pulse from Benzinga Newsdesk

February 29, 2024 | 10:00 pm

Carlyle Credit Income Fund (CCIF) reported a net investment loss of $0.14 per common share for Q4 2023, attributed to non-recurring expenses from a previous advisor. Despite this, the fund's NAV per share increased by 1.8% year-over-year to $8.42. From July 14 to September 30, 2023, after CGCIM became the investment advisor, net investment income was $0.13 per share. The fund remained unlevered through Q4, with total investments valued at $93.9 million as of September 30, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 30, 2023 | 6:26 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.