Carlyle Credit Income Fund Maintains $0.06 Monthly Dividend, Reports Q2 Core NII $0.29
Carlyle Credit Income Fund reported Q2 net investment income of $0.09 per share, core NII of $0.29 and NAV of $3.34 as of March 31, 2026. It maintained its $0.06 monthly dividend through August, funded $1.5M in new CLO investments at 11.49% GAAP yield and redeemed $20M Series C preferred.
1. Second Quarter Financial Metrics
The Fund generated net investment income of $0.09 per common share, adjusted NII of $0.11 and core net investment income of $0.29 for Q2 ended March 31, 2026. Net asset value per share stood at $3.34 and total fair value of investments reached $122.9 million.
2. Dividend Declaration
Carlyle Credit Income Fund declared a $0.06 per share monthly dividend for common stock through August 2026, equating to a 21.49% annualized yield based on mid-May share price. It also set a $0.1536 monthly dividend on its 7.375% Series D preferred shares for the same period.
3. Portfolio Actions and Reinvestment
During the quarter, the Fund funded $1.5 million in new CLO equity investments at a weighted average GAAP yield of 11.49%, while the overall portfolio yield was 11.06%. All $20 million of 7.50% Series C convertible preferred shares were redeemed, and CLO reinvestment periods were extended with financing costs lowered.
4. Strategic Outlook
Management highlighted resilient credit fundamentals despite loan market pressure and continued repricing activity. The Fund intends to pursue disciplined underwriting, active portfolio management and partnerships with experienced CLO managers to capitalize on market volatility.