Carlyle Credit Income FundCCIF
Market Cap: 109M
About: Carlyle Credit Income Fund is a non-diversified, closed-end management investment company. 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 objective by investing primarily in equity and junior debt tranches of collateralized loan obligations, that are collateralized by a portfolio consisting primarily of below-investment-grade U.S. senior secured loans with a large number of distinct underlying borrowers across various industry sectors.
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
3.78% less ownership
Funds ownership: 14.14% [Q4 2023] → 10.37% (-3.78%) [Q1 2024]
9% less funds holding
Funds holding: 22 [Q4 2023] → 20 (-2) [Q1 2024]
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
27% less capital invested
Capital invested by funds: $13.1M [Q4 2023] → $9.51M (-$3.6M) [Q1 2024]
Research analyst outlook
1 Wall Street Analyst provided 1 year price forecasts over the past 6 months
1 analyst rating
B. Riley Securities Matt Howlett | 10%upside $9 | Buy Initiated | 4 Jun 2024 |