Carlyle Credit Income Fund (NYSE:CCIF) Stock Price Up 0.1%

Shares of Carlyle Credit Income Fund (NYSE:CCIF) rose 0.1% during mid-day trading on Thursday . The company traded as high as $7.82 and last traded at $7.76. Approximately 87,271 shares changed hands during mid-day trading, an increase of 11% from the average daily volume of 78,900 shares. The stock had previously closed at $7.75.

Carlyle Credit Income Fund Stock Down 0.1 %

The business has a 50 day simple moving average of $7.96 and a 200-day simple moving average of $7.87.

Carlyle Credit Income Fund (NYSE:CCIF) last issued its quarterly earnings data on Thursday, February 29th. The company reported $0.24 earnings per share for the quarter. The company had revenue of $5.34 million for the quarter.

Carlyle Credit Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Monday, May 20th will be paid a dividend of $0.105 per share. This represents a $1.26 dividend on an annualized basis and a dividend yield of 16.26%. The ex-dividend date of this dividend is Friday, May 17th.

Institutional Investors Weigh In On Carlyle Credit Income Fund

A number of hedge funds and other institutional investors have recently modified their holdings of CCIF. SageView Advisory Group LLC bought a new stake in Carlyle Credit Income Fund in the fourth quarter worth about $96,000. Centaurus Financial Inc. bought a new stake in Carlyle Credit Income Fund in the fourth quarter worth about $181,000. Townsquare Capital LLC bought a new stake in Carlyle Credit Income Fund in the fourth quarter worth about $253,000. Financial Network Wealth Advisors LLC bought a new stake in Carlyle Credit Income Fund in the fourth quarter worth about $252,000. Finally, Bulldog Investors LLP bought a new stake in Carlyle Credit Income Fund in the fourth quarter worth about $1,279,000.

Carlyle Credit Income Fund Company Profile

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.