earnings
confidence high
sentiment negative
materiality 0.65
Carlyle Credit Income Fund cuts monthly dividend to $0.06; Q1 core NII $0.32/share
Carlyle Credit Income Fund
- Net investment income $0.09/share; adjusted NII $0.17/share; core NII $0.32/share for Q1 2026.
- Monthly dividend reduced to $0.06 per share (from prior $0.12?) through May 2026, equating to 20% annualized yield on Feb 23 price.
- Funded $13.1M in new CLO investments at 13.55% weighted avg GAAP yield; portfolio yield 13.56%.
- Refinanced $52M 8.75% Series A preferred with lower-cost Series D (7.375%) and Series E (7.25%), redeeming Series A on Nov 3, 2025.
- Amid challenging CLO equity market; completed three portfolio resets to extend reinvestment runway.