Carlyle Secured Lending, Inc.

Frequently Asked Questions About CGBD

What does CGBD invest in?

Carlyle Secured Lending, Inc. functions as a business development company, primarily making direct investments. The firm provides a diverse array of financing, including first and second lien senior secured loans, unsecured debt, mezzanine debt, and equity stakes. It focuses its investment efforts on the middle market segment. Industries of interest include healthcare and pharmaceuticals, aerospace and defense, high technology, business services, software, the beverage, food, and tobacco sectors, hospitality, gaming, and leisure, banking, finance, and insurance, and real estate. Geographically, Carlyle Secured Lending invests in companies located in the United States, Luxembourg, the Cayman Islands, Cyprus, and the United Kingdom. It typically targets businesses generating an EBITDA between $25 million and $100 million.

What is the expense ratio of CGBD?

An expense ratio for Carlyle Secured Lending, Inc. (CGBD) 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.

How big is CGBD?

Carlyle Secured Lending, Inc. (CGBD) manages $795.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is CGBD actively managed or an index fund?

CGBD's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was CGBD launched?

Carlyle Secured Lending, Inc. (CGBD) launched in June 2017 and is managed by the fund issuer.

How has CGBD performed?

CGBD's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.