Added to YB: 2026-03-17
Pitch date: 2026-03-12
CCIF [bullish]
Carlyle Credit Income Fund
-0.31%
current return
Author Info
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Company Info
Carlyle Credit Income Fund is a close ended fixed income mutual fund launched and managed by Vertical Capital Asset Management, LLC.
Thoughts on CLO CEFs (CCIF)
CCIF: CLO equity fund (ex-VCIP) managed by Carlyle, trades 70% of $4.79 NAV (1/31). Highly levered to bank loan values. CLOs actively managed, not mark-to-market; can 'build par' buying discounted loans w/ principal payments. Volatile markets favor equity as discount loans recover to par. Best vintages during GFC. Unlike BDCs, upside skewed; NAV likely to surge as loan values recover. Secondary market exists w/ legit marks.
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