Carlyle Credit Income Fund Announces Second Quarter Financial Results and Declares Monthly Common and Preferred Dividends

Core Viewpoint - Carlyle Credit Income Fund reported resilient financial results for Q2 2025, demonstrating strong performance in the loan and CLO market despite macroeconomic challenges [2][3]. Financial Performance - Net investment income was $0.23 per common share, adjusted net investment income was $0.26 per common share, and core net investment income was $0.27 per common share for Q2 2025 [3]. - Net asset value per common share was $6.98 as of March 31, 2025, with a total fair value of investments amounting to $197.9 million [3]. Dividends - The Fund is maintaining a monthly dividend of $0.1050 per share for June, July, and August 2025, equating to an annualized dividend yield of 18.75% based on the share price as of May 16, 2025 [4][8]. - Additionally, dividends on the Fund's 8.75% Series A Term Preferred Shares are declared at $0.1823 per share for the same months [5][6]. Investment Activities - The Fund funded $30.3 million in new CLO investments with a weighted average GAAP yield of 15.41%, while the aggregate portfolio weighted average GAAP yield was 16.48% as of March 31, 2025 [8]. - Completed 13 refinancings and resets of CLO positions during the quarter, enhancing portfolio stability [2][8]. - Successfully executed a private placement of 5-year, 7.50% convertible preferred shares for net proceeds of $18.6 million and sold 1,610,000 common shares at a premium to NAV for net proceeds of $12.2 million [8]. Company Overview - Carlyle Credit Income Fund is an externally managed closed-end fund focused on investing in equity and junior debt tranches of CLOs, primarily backed by U.S. senior secured loans [10]. - The Fund is managed by Carlyle Global Credit Investment Management L.L.C., leveraging Carlyle's extensive resources as a leading CLO manager [10].