Carlyle Credit Income Fund Reports Second Quarter 2025 Results: Adjusted Net Investment Income Per Common Share Rises to $0.26, Core Net Investment Income Per Common Share at $0.27
Carlyle Credit Income Fund $(CCIF)$ reported its second-quarter financial results for the period ending March 31, 2025. The Fund announced a net investment income of $0.23 per common share, with adjusted net investment income at $0.26 per common share and core net investment income at $0.27 per common share. These figures are presented as non-GAAP financial measures. The net asset value per common share was reported at $6.98 as of March 31, 2025. The total fair value of investments stood at $197.9 million. In a significant update, CCIF completed a private placement of 5-year, 7.50% convertible preferred shares due 2030, resulting in net proceeds of $18.6 million. Additionally, the Fund sold 1,610,000 common shares through its ATM offering program at a premium to NAV, generating net proceeds of $12.2 million. The Fund's principal executive officer and president, Nishil Mehta, highlighted the resilience of the loan and CLO market amidst a shifting macroeconomic environment. CCIF's portfolio is positioned to endure current market volatility. The Fund is also maintaining a monthly dividend on shares of its common stock.
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