Carlyle Credit Income Fund (NYSE:CCIF) Issues Earnings Results

Carlyle Credit Income Fund (NYSE:CCIF) announced its quarterly earnings results on Wednesday. The company reported $0.07 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.03), Zacks reports. The firm had revenue of $4.31 million during the quarter, compared to analyst estimates of $5.39 million.

Carlyle Credit Income Fund Stock Down 3.3%

NYSE CCIF opened at $2.75 on Thursday. The firm’s 50-day moving average is $2.81 and its two-hundred day moving average is $3.18. Carlyle Credit Income Fund has a 12 month low of $2.57 and a 12 month high of $5.95.

Carlyle Credit Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Tuesday, November 17th will be issued a $0.06 dividend. This represents a c) annualized dividend and a yield of 26.2%. The ex-dividend date is Tuesday, November 17th.

Institutional Investors Weigh In On Carlyle Credit Income Fund

Institutional investors have recently made changes to their positions in the stock. Virtu Financial LLC purchased a new stake in shares of Carlyle Credit Income Fund in the 4th quarter valued at approximately $74,000. XTX Topco Ltd purchased a new position in shares of Carlyle Credit Income Fund during the 4th quarter worth approximately $83,000. Almitas Capital LLC purchased a new position in shares of Carlyle Credit Income Fund during the 4th quarter worth approximately $738,000. Kovack Advisors Inc. acquired a new stake in Carlyle Credit Income Fund in the 4th quarter valued at approximately $126,000. Finally, Thomas J. Herzfeld Advisors Inc. raised its position in Carlyle Credit Income Fund by 497.1% in the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 201,113 shares of the company’s stock valued at $943,000 after purchasing an additional 167,429 shares during the period.

About Carlyle Credit Income Fund

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. It seeks to benchmark the performance of its portfolio against the Barclays Capital U.S. Mortgage Backed Securities Index. Carlyle Credit Income Fund was formed on December 30, 2011 and is domiciled in the United States.