Carlyle Credit Income Fund

Frequently Asked Questions About CCIF

What does CCIF invest in?

The Carlyle Credit Income Fund functions as a closed-end mutual fund with a primary emphasis on fixed-income investments, managed by Vertical Capital Asset Management, LLC. Behringer Advisors, LLC also provides co-management services. While predominantly investing in debt instruments, the fund diversifies its portfolio by holding stocks of companies across various sectors. Its investment returns are benchmarked against the Barclays Capital U.S. Mortgage Backed Securities Index. This fund, established in the United States on December 30, 2011, is based domestically.

What is the expense ratio of CCIF?

An expense ratio for Carlyle Credit Income Fund (CCIF) is not available from our data sources. Neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

What is CCIF's dividend yield?

CCIF's trailing-twelve-month yield is 48.39%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of CCIF?

Effective duration measures CCIF's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. CCIF's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of CCIF?

CCIF's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of CCIF?

Yield to maturity (YTM) is the total return you'd earn from CCIF if every bond in the portfolio is held to maturity at the current price. CCIF's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.