CARLYLE CREDIT INCOME FUND (CCIF)
December 2024
COMMON STOCK DATA AS OF 12/31/24
Ticker Symbol
Total Net Asset Value (est.)
Net Asset Value per share (est.)
Closing Price per share
Premium / Discount
Total Market Capitalization
Current Dividend Rate
Current Dividend Rate Based on Dividends Declared Through February 2025
Frequency of Common Stock Dividend Payments
CCIF $125.03 Million
$7.44
$7.94 6.72%
$133.50 Million 15.73%
15.87% Monthly
LISTED PREFERRED STOCK DATA AS OF 12/31/24 | |
Ticker Symbol | CCIA |
Closing Price per share | $25.78 |
PORTFOLIO SUMMARY
1.19%
PIE CHART
Reference PPT template for styling
98.81%
CLO Equity | Legacy Real Estate Loans |
SUMMARY OF UNDERLYING PORTFOLIO
Number of Unique Underlying Loan Obligors | 1,391 | |
Number of Underlying Loans | 1,926 | |
Aggregate Balance of Underlying Loans | $25.22 Billion | |
Average Individual Loan Obligor Exposure | 0.07% | |
Currency: USD Exposure | 100.00% | |
Aggregate Indirect Exposure to Senior Secured Loans | 96.63% | |
Weighted Average Junior OC Cushion | 4.18% | |
Weighted Average Market Price of Loan Collateral | 97.83 | |
Weighted Average Remaining CLO Reinvestment Period | 2.5 years | |
CCIF's Last 12 Month Default Rate including Distressed | 1.52% | |
Exchanges of Underlying Loans | ||
Loan Market Default Rate including Distressed Exchanges2 | 4.49% | |
TOP 5 POSITIONS | ||
Rad CLO 3 | 5.22% | |
Vova CLO 2020-2 | 4.68% | |
Madison Park Funding LXll | 3.89% |
AIMCO CLO 10 | 3.64% |
Benefit Street Partners CLO XXlll | 3.61% |
DIVERSIFICATION BY CREDIT TYPE OF UNDERLYING OBILIGORS1 | |||
Obligor | % Total | ||
First Lien Loan | 96.63% | ||
Unsecured Loan | 0.00% | ||
Second Lien Loan | 0.70% | ||
Senior Secured Bond | 1.78% | ||
Senior Unsecured Bond | 0.88% | ||
Unsecured Bond | 0.02% | ||
Total | 100.00% | ||
Past performance is not indicative of future results or a guarantee of future returns. Please review the Important Information. | 1 | ||
1. Percentages may not sum due to rounding. 2. J.P. Morgan Default Monitor as of January 3, 2025. |
CARLYLE CREDIT INCOME FUND (CCIF)
December 2024
UNDERLYING LOAN METRICS
WEIGHTED AVERAGE RATING DISTRIBUTION1
Wtd Avg = B+
WEIGHTED AVERAGE PRICE DISTRIBUTION1
Wtd Avg = 97.83
TOP 10 UNDERLYING OBLIGORS1
Obligor | % Total | |
TransDigm | 0.58% | |
Medline | 0.56% | |
Sedgwick Claims Management Service | 0.52% | |
TIBCO Software | 0.50% | |
Caesars Entertainment | 0.48% | |
Asurion | 0.48% | |
Peraton | 0.46% | |
Calpine | 0.45% | |
Altice France | 0.44% | |
Belron Finance US | 0.41% | |
Total | 4.88% |
WEIGHTED AVERAGE MATURITY DISTRIBUTION1
Wtd Avg = 4.6 years
WEIGHTED AVERAGE STATED SPREAD DISTRIBUTION1
Wtd Avg = 3.38%
TOP 10 INDUSTRIES OF UNDERLYING OBLIGORS1
Industry | % Total |
High Tech | 12.25% |
Healthcare & Pharmaceuticals | 11.85% |
Banking, Finance, Insurance & Real Estate | 9.90% |
Services: Business | 7.56% |
Hotels, Gaming & Leisure | 5.31% |
Chemicals, Plastics & Rubber | 4.77% |
Construction & Building | 4.75% |
Capital Equipment | 4.74% |
Aerospace & Defense | 3.89% |
Telecommunications | 3.52% |
Total | 68.54% |
Past performance is not indicative of future results or a guarantee of future returns. Please review the Important Information. | 2 |
1. Percentages may not sum due to rounding. |
CARLYLE CREDIT INCOME FUND (CCIF)
December 2024
IMPORTANT INFORMATION
© 2023 Carlyle Credit Income Fund. All Rights Reserved
Investors should consult with their financial advisor about the suitability of CCIF in their portfolio.
Investing in CCIF involves a high degree of risk, including the risk that you may receive little or no return on your investment or that you may lose part or all of your investment. This is a non-diversified closed-end fund. Shares of CCIF's common stock are listed on the New York Stock Exchange.
Shares of closed-end funds frequently trade at a discount from their net asset value (NAV), which may increase investors' risk of loss. CCIF cannot predict whether its shares will trade at, below or above NAV.
There is no assurance that CCIF's investment objectives will be achieved or that monthly distributions paid by CCIF will be maintained at the targeted level or that dividends will be paid at all. CCIF's distributions may be funded from unlimited amounts of offering proceeds or borrowings, which may constitute a return of capital and reduce the amount of capital available to CCIF for investment. A return of capital to shareholders is a return of a portion of their original investment in CCIF, thereby reducing the tax basis of their investment.
This material is provided for general and educational purposes only, is not intended to provide legal or tax advice, does not constitute a solicitation of an offer to buy or sell CCIF's shares, and is not for use to avoid any penalties that may be imposed under U.S. federal tax laws. Contact your attorney or other advisor regarding your specific legal, investment or tax situation.
Investing involves risk. CCIF invests primarily in below investment grade instruments, which are commonly referred to as "high yield" securities or "junk" bonds. CCIF invests a significant portion of its assets in CLO junior debt and equity securities, which often involve risks that are different from or more pronounced than risks associated with other types of credit instruments. Because of the risks associated with investing in high yield securities, an investment in CCIF should be considered speculative.
Investors should carefully consider the investment objective, risks, charges and expenses of CCIF before investing.
CCIF's filings with the Securities and Exchange Commission ("SEC") contain information about CCIF's investment objectives, risks, charges and expenses as well as other information about CCIF. These filings should be read carefully before investing. CCIF's filings with the SEC may be found on the SEC's website (www.sec.gov) or on CCIF's website, www.carlylecreditincomefund.com.
ABOUT CARLYLE
The Carlyle Group (NASDAQ: CG) is a global investment firm with deep industry experience that deploys private capital across three business
segments: Global Private Equity, Global Credit and Global Investment Solutions. With approximately $447 billion of assets under management as of September 30, 2024, Carlyle's purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. The Carlyle Group employs more than 2,300 people in 29 offices across 4 continents as of September 30, 2024.
Past performance is not indicative of future results or a guarantee of future returns. Please review the Important Information. | 3 |
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Carlyle Credit Income Fund published this content on January 13, 2025, and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on January 13, 2025 at 04:21:05.114.