Carlyle Tactical Private Credit Fund N

Frequently Asked Questions About TAKNX

What does TAKNX invest in?

Closed-ended fixed income fund generating current income through private credit instruments. Employs an opportunistic allocation strategy across liquid credit (broadly syndicated loans), direct lending (first lien, second lien, unitranche, mezzanine), opportunistic credit, structured credit (including CLOs), and real assets credit. Co-managed by OppenheimerFunds and The Carlyle Group. Approximately $4.46 billion in total assets. Targets institutional investors and high-net-worth individuals.

What is the expense ratio of TAKNX?

An expense ratio for Carlyle Tactical Private Credit Fund N (TAKNX) 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 TAKNX's dividend yield?

TAKNX's trailing-twelve-month yield is 9.21%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of TAKNX?

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

What is the credit quality of TAKNX?

TAKNX'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 TAKNX?

Yield to maturity (YTM) is the total return you'd earn from TAKNX if every bond in the portfolio is held to maturity at the current price. TAKNX'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.