Carlyle Credit Income Fund Announces Second Quarter Financial Results and Declares Monthly Common and Preferred Dividends

Carlyle Credit Income Fund (“we,” “us,” “our,” “CCIF” or the “Fund”) (NYSE: CCIF) today announced its financial results for its second quarter ending March 31, 2025. The full detailed presentation of the Fund’s second quarter 2025 financial results can be viewed on the Fund’s website (carlylecreditincomefund.com/investor-dashboard). Nishil Mehta, CCIF’s Principal Executive Officer and President said, “Our second quarter results reflect the resilient nature of the loan and CLO market amidst a shifting macroeconomic environment. We believe the fund’s portfolio is well positioned to withstand the current market volatility as we continue to focus on optimizing our CLO positions including completing 13 accretive refinancings and resets in the quarter. We have maintained a stable monthly dividend, continue to scale the fund via capital markets activity, and will seek to actively manage the portfolio throughout the rest of the year.” Over the past quarter, the Fund has successfully: Maintained the monthly dividend of 10.5 cents through August 2025, equating to a 18.75% annualized dividend based on share price as of May 16, 2025, or 19.66% based on the Fund’s NAV as of April 30, 2025.Funded $30.3 million in new CLO investments with a weighted average GAAP yield of 15.41%. The aggregate portfolio weighted average GAAP yield was 16.48% as of March 31, 2025.Completed a private placement of 5-year, 7.50% convertible preferred shares due 2030 for net proceeds of $18.6 million.Sold 1,610,000 common shares in connection with the ATM offering program at a premium to NAV for net proceeds of $12.2 million. Net investment income was $0.23 per common share, adjusted net investment income was $0.26 per common share, and core net investment income was $0.27 per common share for the second quarter of 2025. Adjusted Net Investment Income Per Common Share and Core Net Investment Income Per Common Share are Non-GAAP financial measures described in further detail below. Net asset value per common share was $6.98 as of March 31, 2025. The total fair value of investments was $197.9 million as of March 31, 2025. Dividends CCIF is maintaining a monthly dividend on shares of the Fund’s common stock of $0.1050 per share for June, July, and August 2025. SecurityAmount per ShareRecord DatesPayable DatesCommon Stock$0.1050June 17, 2025June 30, 2025July 21, 2025July 31, 2025August 19, 2025August 29, 2025 CCIF is also pleased to announce the declaration of dividends on shares of the Fund’s 8.75% Series A Term Preferred Shares of $0.1823 per share for June, July, and August 2025. SecurityAmount per ShareRecord DatesPayable DatesSeries A Preferred Shares$0.1823June 17, 2025June 30, 2025July 21, 2025July 31, 2025August 19, 2025August 29, 2025 Conference Call The Fund will host a conference call at 10:00 a.m. EDT on Wednesday, May 21, 2025, to discuss its second quarter financial results. Please register for the conference call here. The conference call information will also be available via a link on Carlyle Credit Income Fund’s website and the recording will be available on our website soon after the call’s completion. Non-GAAP Financial Measures On a supplemental basis, we are disclosing Adjusted Net Investment Income Per Common Share and Core Net Investment Income Per Common Share, which are calculated and presented on a basis other than in accordance with GAAP (“non-GAAP”). We use these non-GAAP financial measures internally to analyze and evaluate financial results and performance, and we believe these non-GAAP financial measures are useful to investors gauging the quality of the Fund's financial performance, identifying trends in its results and providing meaningful period-to-period comparisons. The presentation of this non-GAAP measure is not intended to be a substitute for financial results prepared in accordance with GAAP and should not be considered in isolation.... Read more

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