Carlyle Credit Income Fund

CCIF

Market cap $110M

Carlyle Credit Income Fund continues to pay an unsustainable 20% yield, with most distributions funded by return of capital. CCIF's net investment income fell 32% year-over-year, while realized losses and rising expenses further eroded shareholder value and NAV. Despite some credit quality strengths, CCIF's structural flaws and deteriorating yields make it unsuitable for long-term income investors seeking capital preservation.

Carlyle Credit Income Fund ( CCIF ) Q4 2025 Earnings Call November 19, 2025 10:00 AM EST Company Participants Nishil Mehta - MD & Portfolio Manager Lauren Basmadjian - CEO & Trustee Nelson Joseph - Principal Conference Call Participants Gaurav Mehta - Alliance Global Partners, Research Division Erik Zwick - Lucid Capital Markets, LLC, Research Division Timothy D'Agostino - B. Riley Securities, Inc., Research Division Presentation Operator Good day, and thank you for standing by.

NEW YORK, Nov. 18, 2025 (GLOBE NEWSWIRE) -- Carlyle Credit Income Fund (“we,” “us,” “our,” “CCIF” or the “Fund”) (NYSE: CCIF) today announced its financial results for its fourth quarter and full year ended September 30, 2025. The full detailed presentation of the Fund's fourth quarter and full year ended September 30, 2025, financial results can be viewed on the Fund's website (carlylecreditincomefund.com/investor-dashboard).

NEW YORK, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Carlyle Credit Income Fund (the “Fund”) (NYSE: CCIF), an externally managed closed-end fund focused on investing in primarily equity and junior debt tranches of collateralized loan obligations, has entered into a Purchase Agreement with certain institutional investors for the purchase and sale of approximately 17,500 shares of the Fund's 7.25% Series E Convertible Preferred Shares due 2030 (the “Convertible Preferred Shares”), liquidation preference $1,000.00 per share. The Fund expects to receive net proceeds (before expenses) from the sale of the Convertible Preferred Shares of approximately $16.275 million. The offering is expected to close on or about October 30, 2025, subject to the satisfaction of customary closing conditions.

NEW YORK, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Carlyle Credit Income Fund (the “Fund”) (NYSE: CCIF) today announced that it has priced an underwritten public offering of 1.2 million shares of its 7.375% Series D Preferred Shares due 2028 (the “Preferred Shares”) at a public offering price of $25 per share, which will result in net proceeds to the Fund of approximately $29.4 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Fund. The Preferred Shares are rated ‘BBB+' by Egan-Jones Ratings Company, an independent rating agency.

NEW YORK, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Carlyle Credit Income Fund (the “Fund”) (NYSE: CCIF) today announced that it has commenced an underwritten public offering of its Series D Preferred Shares (the “Preferred Shares”). The public offering price and other terms of the Preferred Shares are to be determined by negotiations between the Fund and the underwriters. The Preferred Shares are rated ‘BBB+' by Egan-Jones Ratings Company, an independent rating agency. In addition, the Fund plans to grant the underwriters a 30-day option to purchase additional shares of Preferred Shares on the same terms and conditions to cover overallotments, if any.

NEW YORK, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Carlyle Credit Income Fund (“we,” “us,” “our,” “CCIF” or the “Fund”) (NYSE: CCIF) announced today that it will release financial results after market close on Tuesday, November 18, 2025, for its fourth quarter and full year 2025. CCIF will host a conference call at 10:00 a.m. EST on Wednesday, November 19, 2025, to discuss the results.

I maintain my Hold rating on Carlyle Credit Income Fund due to persistent NAV decline, weak earnings, and continued share price pressure in a high-rate environment. Despite a 22.8% dividend yield and a large discount to NAV, I remain cautious as the discount reflects internal fund weakness, not opportunity. CCIF's earnings and dividend coverage have weakened, with sustainability concerns if defaults rise or interest rate cuts are delayed further.

Carlyle Credit Income Fund (CCIF) Q3 2025 Earnings Call Transcript

NEW YORK, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Carlyle Credit Income Fund (“we,” “us,” “our,” “CCIF” or the “Fund”) (NYSE: CCIF) today announced its financial results for its third quarter ending June 30, 2025. The full detailed presentation of the Fund's third quarter 2025 financial results can be viewed on the Fund's website (carlylecreditincomefund.com/investor-dashboard).