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Carlyle Credit Income Fund Announces Third Quarter Financial Results and Declares Monthly Common and Preferred Dividends
Globenewswire· 2025-08-19 20:05
Core Viewpoint - Carlyle Credit Income Fund reported its third quarter financial results for the period ending June 30, 2025, highlighting resilience in a complex market environment and a stable dividend for shareholders [2][3]. Financial Performance - Net investment income was $0.19 per common share, adjusted net investment income was $0.22 per common share, and core net investment income was $0.35 per common share for Q3 2025 [3]. - Net asset value per common share was $6.51 as of June 30, 2025, with a total fair value of investments amounting to $200.4 million [3]. Dividends - The Fund is maintaining a monthly dividend of $0.1050 per share for September, October, and November 2025, equating to an annualized dividend yield of 22.07% based on the share price as of August 15, 2025 [4][8]. - The Fund also declared dividends on its 8.75% Series A Term Preferred Shares of $0.1823 per share for the same months [5][6]. Investment Activities - The Fund funded $28.1 million in new CLO investments with a weighted average GAAP yield of 14.56%, while the aggregate portfolio weighted average GAAP yield was 15.11% as of June 30, 2025 [8]. - The Fund sold 1,400,000 common shares in connection with the ATM offering program at a premium to NAV for net proceeds of $9.2 million [8]. - Additionally, $5.0 million of the remaining $8.5 million 7.125% Series B Convertible Preferred Shares were converted into common shares at a premium to NAV [8]. Company Overview - Carlyle Credit Income Fund is an externally managed closed-end fund focused on investing primarily in equity and junior debt tranches of collateralized loan obligations (CLOs), which are backed by U.S. senior secured loans across various industry sectors [11].
TBLD: 70/30 CEF We Would Love To Hate, But We Can't
Seeking Alpha· 2025-08-19 03:45
Group 1 - Thornburg Income Builder Opportunities Trust (NASDAQ: TBLD) is a multi-asset closed-end fund (CEF) that has not been previously covered [1] - The fund is described as exciting, with a focus on providing transparency and analytics in capital markets instruments and trades [1] - Binary Tree Analytics (BTA) aims to deliver high annualized returns with a low volatility profile, focusing on CEFs, ETFs, and Special Situations [1]
洛阳市隆丰晟兴股权投资基金登记成立,出资额3亿元
Sou Hu Cai Jing· 2025-08-18 03:43
Core Insights - Luoyang Longfeng Shengxing Equity Investment Fund Partnership (Limited Partnership) has been established with a capital contribution of 300 million yuan, focusing on private equity investment, investment management, and asset management activities [1][2]. Group 1: Company Information - The fund is registered in Mengjin District, Luoyang, Henan Province, and is classified under the capital market services industry [2]. - The main operating location is on the 6th floor of Longxing Building, Xiyayuan Street, Luoyang, with a postal code of 471100 [2]. - The fund's business scope includes private equity investment, investment management, and asset management, subject to approval from relevant authorities [2]. Group 2: Partnership Structure - The fund is primarily funded by Luoyang Longteng Capital Operation (Group) Co., Ltd., which holds a 90% stake with a contribution of 270 million yuan [2]. - Other partners include Luoyang Guosheng Industrial Investment Fund Partnership (Limited Partnership) with a 9.67% stake (29 million yuan) and Luoyang Xuanjin Private Fund Management Co., Ltd. with a 0.33% stake (1 million yuan) [2].
长沙湘江交融高创燕远创投基金登记成立
Zheng Quan Shi Bao Wang· 2025-08-18 02:44
Group 1 - A new venture capital fund named Changsha Xiangjiang Jiao Rong High-tech Yan Yuan Investment Fund Partnership (Limited Partnership) has been established with a total investment of 300 million yuan [1] - The fund's business scope includes private equity investment, investment management, and asset management activities [1] - The fund is co-funded by the Bank of Communications' subsidiary, Jiaoyin Financial Asset Investment Co., Ltd., among others [1]
WDI: Multisector Coupons In HY
Seeking Alpha· 2025-08-18 01:43
Group 1 - The article analyzes the Western Asset Diversified Income Fund (NYSE: WDI), which is managed by Franklin Templeton [1] - The fund is classified as a closed-end fund and is not an exchange-traded fund (ETF) [1]
3 ETFs That Could Generate $1 Million in Passive Income
The Motley Fool· 2025-08-16 08:15
Core Insights - Achieving $1 million in passive income is challenging, but generating smaller amounts is more feasible [5][6] - Retirement income may require selling assets or generating passive income through investments like ETFs [2][3] Portfolio Analysis - Typical dividend yields for blue-chip companies range from 2% to 4%, with some companies yielding 5% or 6% [6] - To generate $1 million annually at a 3% yield, a portfolio of approximately $33.33 million is needed, while a 6% yield requires about $16.67 million [6][8] ETF Recommendations - Three ETFs with solid dividend yields and historical returns include: - Schwab U.S. Dividend Equity ETF (SCHD) with a yield of 3.9% and 5-year average return of 11.49% [9] - Fidelity High Dividend ETF (FDVV) with a yield of 3.1% and 5-year average return of 17.56% [9] - Vanguard High Dividend Yield ETF (VYM) with a yield of 2.6% and 5-year average return of 13.79% [9] - For higher yields, the iShares Preferred & Income Securities ETF (PFF) offers a yield of 6.5%, though with lower average annual gains [10] - Covered-call ETFs like JPMorgan Equity Premium Income ETF (JEPI) and JPMorgan Equity Premium Income ETF (JEPQ) yield 8.4% and 11.2% respectively [11]
High-Yield Closed-End Funds (Part 4): HIO
Seeking Alpha· 2025-08-16 07:06
Group 1 - The article invites active investors to join a free trial and engage in discussions with sophisticated traders and investors [1] Group 2 - There are no stock, option, or similar derivative positions held by the analyst in any of the mentioned companies, nor plans to initiate such positions within the next 72 hours [2] - The article expresses the author's own opinions and is not influenced by compensation from any company [2] - Seeking Alpha clarifies that past performance does not guarantee future results and that the views expressed may not reflect the overall opinions of Seeking Alpha [3]
XFLT: Economic Bifurcation Bleeds CLO Equity
Seeking Alpha· 2025-08-15 19:57
Core Insights - Investors are increasingly drawn to high-yield funds, with XA Investments' XFLT being a notable example, offering a yield of 15% [1] Company Analysis - XFLT is a high-income closed-end fund that has gained popularity among investors due to its attractive yield [1] Market Trends - The trend of investors gravitating towards high-yield funds indicates a broader interest in income-generating investment opportunities [1]
2 CEF Swaps Into ETFs For July 2025
Seeking Alpha· 2025-08-15 16:07
Group 1 - The CEF/ETF Income Laboratory manages closed-end fund (CEF) and exchange-traded fund (ETF) portfolios targeting safe and reliable yields of approximately 8% [1][2] - The service offers managed portfolios, actionable income and arbitrage recommendations, and in-depth analysis of CEFs and ETFs, catering to both active and passive investors [2] - The community consists of over a thousand members focused on finding the best income ideas, with a majority of holdings being monthly-payers for faster compounding and smoother income streams [2] Group 2 - Nick Ackerman, a former financial advisor with over 14 years of personal investing experience, provides coverage on closed-end funds and exchange-traded funds [3]
High-Yield Closed-End Funds (Part 3): EHI
Seeking Alpha· 2025-08-15 10:30
Group 1 - The article focuses on high-yield closed-end funds, specifically examining the Western Asset Global High Income Fund Inc. (NYSE: EHI) [1] - It invites active investors to join a free trial and engage in discussions with sophisticated traders and investors [1] Group 2 - There is no mention of any stock, option, or derivative positions held by the analyst in relation to the companies discussed [2] - The article expresses the author's opinions and does not provide compensation beyond Seeking Alpha [2]