Carlyle Credit Income Fund to Issue Monthly Dividend of $0.06 (NYSE:CCIF)

Carlyle Credit Income Fund (NYSE:CCIF) announced a monthly dividend on Wednesday, February 25th. Shareholders of record on Monday, April 20th will be paid a dividend of 0.06 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 21.2%. The ex-dividend date is Monday, April 20th.

Carlyle Credit Income Fund Trading Down 2.3%

Shares of NYSE CCIF traded down $0.08 during midday trading on Thursday, hitting $3.39. 111,555 shares of the stock traded hands, compared to its average volume of 192,444. Carlyle Credit Income Fund has a one year low of $3.22 and a one year high of $7.90. The business has a 50 day moving average price of $4.40 and a two-hundred day moving average price of $5.04.

Carlyle Credit Income Fund (NYSE:CCIF) last issued its earnings results on Wednesday, February 25th. The company reported $999.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $998.83. The firm had revenue of $7.12 million during the quarter, compared to the consensus estimate of $7.82 million.

Institutional Trading of Carlyle Credit Income Fund

Several hedge funds have recently added to or reduced their stakes in CCIF. Wedbush Securities Inc. grew its position in shares of Carlyle Credit Income Fund by 38.7% during the 3rd quarter. Wedbush Securities Inc. now owns 14,868 shares of the company’s stock valued at $87,000 after acquiring an additional 4,150 shares during the period. Osaic Holdings Inc. increased its position in Carlyle Credit Income Fund by 34.4% in the second quarter. Osaic Holdings Inc. now owns 17,135 shares of the company’s stock worth $111,000 after buying an additional 4,388 shares during the last quarter. Bulldog Investors LLP grew its stake in Carlyle Credit Income Fund by 2.7% in the 4th quarter. Bulldog Investors LLP now owns 337,241 shares of the company’s stock valued at $1,582,000 after buying an additional 8,826 shares in the last quarter. Citadel Advisors LLC purchased a new stake in shares of Carlyle Credit Income Fund during the third quarter worth $89,000. Finally, Virtu Financial LLC bought a new position in shares of Carlyle Credit Income Fund in the fourth quarter worth $74,000.

About Carlyle Credit Income Fund

Carlyle Credit Income Fund is a close ended fixed income mutual fund launched and managed by Vertical Capital Asset Management, LLC. The fund is co – managed by Behringer Advisors, LLC. The Fund invests mainly in fixed-income securities. The fund invests in stocks of companies operating across diversified sectors. It seeks to benchmark the performance of its portfolio against the Barclays Capital U.S. Mortgage Backed Securities Index. Carlyle Credit Income Fund was formed on December 30, 2011 and is domiciled in the United States.