Carlyle Credit Income Fund Reports Q2 Earnings and Dividend Declaration
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 23 hours ago
0mins
Should l Buy CCIF?
Source: seekingalpha
- Net Investment Income: Carlyle Credit Income Fund reported a net investment income of $0.09 per common share for Q2, with adjusted net investment income at $0.11 and core net investment income at $0.29, indicating stability and profitability amid loan spread volatility.
- Monthly Dividend Declaration: The fund declared a monthly dividend of $0.06 through August 2026, equating to an annualized dividend yield of 21.49% based on the share price as of May 12, 2026, reflecting the company's ongoing commitment to shareholder returns.
- New Investment Funding: As of March 31, 2026, the fund funded $1.5 million in new CLO investments with a weighted average GAAP yield of 11.49%, showcasing the company's proactive positioning in high-yield investment opportunities.
- Preferred Shares Redemption: The fund redeemed all $20 million of its 7.50% Series C Convertible Preferred Shares, optimizing its capital structure to enhance financial flexibility and support future investment strategies.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy CCIF?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on CCIF
Wall Street analysts forecast CCIF stock price to rise
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 3.210
Low
Averages
High
Current: 3.210
Low
Averages
High
About CCIF
Carlyle Credit Income Fund is an externally managed closed-end fund focused on investing in primarily equity and junior debt tranches of collateralized loan obligations (CLOs). The CLOs are collateralized by a portfolio consisting primarily of the United States senior secured loans with a large number of distinct underlying borrowers across various industry sectors. 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 objectives by investing primarily in equity and junior debt tranches of CLOs. The Fund may also invest in other related securities and instruments or other securities and instruments, including senior debt tranches of CLOs, loan accumulation facilities (LAFs) and securities issued by other securitization vehicles, such as collateralized bond obligations (CBOs). The Fund is externally managed by Carlyle Global Credit Investment Management L.L.C.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Carlyle Credit Income Fund Reports Q2 Earnings and Dividend Declaration
- Net Investment Income: Carlyle Credit Income Fund reported a net investment income of $0.09 per common share for Q2, with adjusted net investment income at $0.11 and core net investment income at $0.29, indicating stability and profitability amid loan spread volatility.
- Monthly Dividend Declaration: The fund declared a monthly dividend of $0.06 through August 2026, equating to an annualized dividend yield of 21.49% based on the share price as of May 12, 2026, reflecting the company's ongoing commitment to shareholder returns.
- New Investment Funding: As of March 31, 2026, the fund funded $1.5 million in new CLO investments with a weighted average GAAP yield of 11.49%, showcasing the company's proactive positioning in high-yield investment opportunities.
- Preferred Shares Redemption: The fund redeemed all $20 million of its 7.50% Series C Convertible Preferred Shares, optimizing its capital structure to enhance financial flexibility and support future investment strategies.
See More
Carlyle Credit Income Fund Q2 2026 Earnings Call Insights
- Stable Dividends: Carlyle Credit Income Fund maintained its monthly dividend at $0.06 per share for Q2 2026, declared through August 2026, demonstrating stability amidst market volatility and commitment to investors.
- Investment Income Performance: The fund reported total investment income of $5.5 million or $0.26 per share, with net investment income at $1.9 million or $0.09 per share, reflecting a solid 161% dividend coverage despite market pressures, indicating strong cash flow health.
- Portfolio Optimization: During Q2, the fund made new CLO investments totaling $1.5 million while redeeming $20 million of 7.5% Series C convertible preferred shares to reduce leverage, showcasing proactive measures in capital structure optimization.
- Market Outlook: Management anticipates that approximately 17% of the loan market will mature by the end of 2028, potentially leading to increased refinancing activity, which could enhance excess spread generation, indicating future investment opportunities and potential revenue growth.
See More
Carlyle Credit Income Fund Announces Unaudited NAV per Common Share of $3.69 as of February 28, 2026 - SEC Filing
Carlyle Credit Income Fund: The Carlyle Credit Income Fund has reported an unaudited net asset value per common share of $3.69 as of February 28, 2026.
SEC Filing: This information is part of a filing with the Securities and Exchange Commission (SEC).
See More
Carlyle Credit Income Fund Q1 2026 Earnings Insights
- Investment Income Performance: Carlyle Credit Income Fund reported total investment income of $7.1 million for Q1, with net investment income per share at $0.09, reflecting a decline from the previous quarter and indicating the impact of market volatility on earnings while showcasing the company's cautious approach to market challenges.
- Dividend Adjustment: The fund revised its monthly dividend from $0.105 to $0.06, resulting in an annualized yield of 20%, which not only reflects current and expected GAAP yield levels but also underscores management's commitment to supporting net asset value amidst changing market conditions.
- New Investment Dynamics: New CLO investments totaled $13.1 million in the first quarter, significantly down from $34.9 million in the previous quarter, indicating a more cautious capital deployment strategy by management in light of increasing market uncertainties.
- Market Outlook: Management anticipates elevated loan supply in the first half of 2026, and despite challenges posed by AI-driven market volatility and loan spread compression, the team remains focused on refinancing and reset activities to adapt to the evolving market landscape.
See More
Carlyle Credit Income Fund Set to Announce Q1 Earnings
- Earnings Announcement: Carlyle Credit Income Fund (CCIF) is set to release its Q1 earnings on February 25th after market close, with a consensus EPS estimate of $0.16, reflecting a significant year-over-year decline of 38.5%, indicating a notable drop in profitability.
- Revenue Expectations: The anticipated revenue for CCIF stands at $8.04 million, which highlights a pessimistic outlook on revenue growth, as the estimates have seen one downward revision in the last three months without any upward adjustments, suggesting a lack of market confidence.
- EPS Revision Status: Over the past three months, CCIF's EPS estimates have not seen any upward revisions and have experienced one downward adjustment, raising concerns among analysts regarding its future profitability, which could impact investor confidence.
- Dividend Risk Warning: There are growing concerns about Carlyle Credit Income Fund's ability to maintain its dividends, particularly as two CLO CEFs from OFS and Carlyle face potential distribution cuts, with the likelihood of continued NAV erosion for CCIF, which may affect its long-term attractiveness.
See More
Carlyle Credit Income Fund (CCIF) Price Target Reduced by 15.25% to 6.38
Price Target Revision: The average one-year price target for Carlyle Credit Income Fund (NYSE:CCIF) has been revised down to $6.38 per share, a decrease of 15.25% from the previous estimate of $7.52, although it still represents a 23.55% increase from the latest closing price of $5.16.
Fund Sentiment: There are currently 30 funds reporting positions in CCIF, a decrease of 9.09% from the last quarter, with the average portfolio weight dedicated to CCIF increasing by 11.19% to 0.09%.
Shareholder Activity: Cambridge Investment Research Advisors reduced its holdings by 26.21%, while Bulldog Investors increased their position by 100%. Other firms like J.W. Cole Advisors and VPC also adjusted their allocations, with mixed results.
Fintel Overview: Fintel provides comprehensive investing research tools, including fundamentals, analyst reports, and fund sentiment data, aimed at individual investors and financial advisors to enhance investment strategies.
See More
Carlyle Credit Income Fund Reports Q2 Earnings and Dividend Declaration
- Net Investment Income: Carlyle Credit Income Fund reported a net investment income of $0.09 per common share for Q2, with adjusted net investment income at $0.11 and core net investment income at $0.29, indicating stability and profitability amid loan spread volatility.
- Monthly Dividend Declaration: The fund declared a monthly dividend of $0.06 through August 2026, equating to an annualized dividend yield of 21.49% based on the share price as of May 12, 2026, reflecting the company's ongoing commitment to shareholder returns.
- New Investment Funding: As of March 31, 2026, the fund funded $1.5 million in new CLO investments with a weighted average GAAP yield of 11.49%, showcasing the company's proactive positioning in high-yield investment opportunities.
- Preferred Shares Redemption: The fund redeemed all $20 million of its 7.50% Series C Convertible Preferred Shares, optimizing its capital structure to enhance financial flexibility and support future investment strategies.
See More
Carlyle Credit Income Fund Q2 2026 Earnings Call Insights
- Stable Dividends: Carlyle Credit Income Fund maintained its monthly dividend at $0.06 per share for Q2 2026, declared through August 2026, demonstrating stability amidst market volatility and commitment to investors.
- Investment Income Performance: The fund reported total investment income of $5.5 million or $0.26 per share, with net investment income at $1.9 million or $0.09 per share, reflecting a solid 161% dividend coverage despite market pressures, indicating strong cash flow health.
- Portfolio Optimization: During Q2, the fund made new CLO investments totaling $1.5 million while redeeming $20 million of 7.5% Series C convertible preferred shares to reduce leverage, showcasing proactive measures in capital structure optimization.
- Market Outlook: Management anticipates that approximately 17% of the loan market will mature by the end of 2028, potentially leading to increased refinancing activity, which could enhance excess spread generation, indicating future investment opportunities and potential revenue growth.
See More
Carlyle Credit Income Fund Announces Unaudited NAV per Common Share of $3.69 as of February 28, 2026 - SEC Filing
Carlyle Credit Income Fund: The Carlyle Credit Income Fund has reported an unaudited net asset value per common share of $3.69 as of February 28, 2026.
SEC Filing: This information is part of a filing with the Securities and Exchange Commission (SEC).
See More
Carlyle Credit Income Fund Q1 2026 Earnings Insights
- Investment Income Performance: Carlyle Credit Income Fund reported total investment income of $7.1 million for Q1, with net investment income per share at $0.09, reflecting a decline from the previous quarter and indicating the impact of market volatility on earnings while showcasing the company's cautious approach to market challenges.
- Dividend Adjustment: The fund revised its monthly dividend from $0.105 to $0.06, resulting in an annualized yield of 20%, which not only reflects current and expected GAAP yield levels but also underscores management's commitment to supporting net asset value amidst changing market conditions.
- New Investment Dynamics: New CLO investments totaled $13.1 million in the first quarter, significantly down from $34.9 million in the previous quarter, indicating a more cautious capital deployment strategy by management in light of increasing market uncertainties.
- Market Outlook: Management anticipates elevated loan supply in the first half of 2026, and despite challenges posed by AI-driven market volatility and loan spread compression, the team remains focused on refinancing and reset activities to adapt to the evolving market landscape.
See More
Carlyle Credit Income Fund Set to Announce Q1 Earnings
- Earnings Announcement: Carlyle Credit Income Fund (CCIF) is set to release its Q1 earnings on February 25th after market close, with a consensus EPS estimate of $0.16, reflecting a significant year-over-year decline of 38.5%, indicating a notable drop in profitability.
- Revenue Expectations: The anticipated revenue for CCIF stands at $8.04 million, which highlights a pessimistic outlook on revenue growth, as the estimates have seen one downward revision in the last three months without any upward adjustments, suggesting a lack of market confidence.
- EPS Revision Status: Over the past three months, CCIF's EPS estimates have not seen any upward revisions and have experienced one downward adjustment, raising concerns among analysts regarding its future profitability, which could impact investor confidence.
- Dividend Risk Warning: There are growing concerns about Carlyle Credit Income Fund's ability to maintain its dividends, particularly as two CLO CEFs from OFS and Carlyle face potential distribution cuts, with the likelihood of continued NAV erosion for CCIF, which may affect its long-term attractiveness.
See More
Carlyle Credit Income Fund (CCIF) Price Target Reduced by 15.25% to 6.38
Price Target Revision: The average one-year price target for Carlyle Credit Income Fund (NYSE:CCIF) has been revised down to $6.38 per share, a decrease of 15.25% from the previous estimate of $7.52, although it still represents a 23.55% increase from the latest closing price of $5.16.
Fund Sentiment: There are currently 30 funds reporting positions in CCIF, a decrease of 9.09% from the last quarter, with the average portfolio weight dedicated to CCIF increasing by 11.19% to 0.09%.
Shareholder Activity: Cambridge Investment Research Advisors reduced its holdings by 26.21%, while Bulldog Investors increased their position by 100%. Other firms like J.W. Cole Advisors and VPC also adjusted their allocations, with mixed results.
Fintel Overview: Fintel provides comprehensive investing research tools, including fundamentals, analyst reports, and fund sentiment data, aimed at individual investors and financial advisors to enhance investment strategies.
See More
