Carlyle Credit Income Fund Reports $3.54 NAV, Shares Trade at Extreme Premium to Asset Value
Summary
Carlyle Credit Income Fund reported its unaudited net asset value (NAV) per common share at $3.54, while its shares are currently trading at $25.21, indicating an extreme premium to its underlying asset value.
Key Events
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Unaudited Net Asset Value (NAV) Reported
Management's unaudited net asset value per common share was $3.54 as of May 31, 2026.
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Extreme Premium to NAV
The fund's common shares are currently trading at $25.21, representing a premium of over 600% to its reported NAV, an unusually high valuation for a fund.
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Context of Recent Performance
This NAV update follows a recent 8-K filing on May 19, 2026, which reported a significant net loss for the second quarter of 2026, further highlighting the disconnect between market price and underlying value.
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Trading Near 52-Week Highs
The stock is currently trading near its 52-week high of $25.53, indicating investors are buying at elevated prices despite the low reported NAV.
Analysis
This 8-K discloses the fund's unaudited net asset value (NAV) per common share at $3.54 as of May 31, 2026. With the current stock price at $25.21, the shares are trading at an exceptionally high premium of over 600% to their underlying asset value. This extreme valuation discrepancy, especially following a reported significant net loss in the prior quarter, raises substantial questions about the market's pricing of the fund's shares relative to its actual asset base and recent performance. Investors should carefully consider this significant premium when evaluating the fund's valuation.
At the time of this filing, CCID was trading at $25.21 on NYSE in the Unknown sector. The 52-week trading range was $24.87 to $25.53. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.