CCIF NAV slips to $3.32, leaving shares at a 16% discount
CCID is trading near its 52-week low of $24.872 (1.6% above the low).
Summary
CCIF's June 2026 NAV fell to $3.32 per share, a 6% drop from May, while the stock trades at $2.79 — a 16% discount. The fund's high dividend yield and insider ownership of 24% provide some support, but the NAV trend is negative.
Key Events · Earnings and Guidance · CCID
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NAV Declines to $3.32
Estimated NAV per common share fell to $3.32 as of June 30, 2026, down from $3.54 at May 31, 2026, a 6.2% drop.
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Shares Trade at 16% Discount
Common stock closed at $2.79 on June 30, a 15.96% discount to NAV, reflecting persistent market skepticism.
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Dividend Yield at 25.81%
The current dividend rate implies a yield of 25.81% on the stock price, but distributions may include return of capital.
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Portfolio Concentrated in CLOs
97.98% of the portfolio is in CLO debt and equity, with top five CLO positions accounting for 27.12% of assets.
Analysis · CCID · Unknown
Carlyle Credit Income Fund's estimated NAV per share dropped to $3.32 as of June 30, 2026, from $3.54 a month earlier, deepening a slide that has pushed the common stock to a nearly 16% discount to NAV. The portfolio remains heavily tilted toward CLO debt and equity, with underlying loan metrics showing a weighted average rating of B+ and a default rate of 0.95%. The persistent discount and declining NAV raise questions about the sustainability of the 25.81% dividend rate, which may be partly a return of capital.
At the time of this filing, CCID was trading at $25.28 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 7 out of 10.