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

Shares of Carlyle Credit Income Fund (NYSE:CCIF) were up 0.1% on Thursday . The stock traded as high as $7.82 and last traded at $7.76. Approximately 87,271 shares traded 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 Performance

The business has a 50 day moving average price of $7.97 and a 200-day moving average price of $7.87.

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

Carlyle Credit Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Monday, May 20th will be issued a $0.105 dividend. This represents a $1.26 annualized dividend and a dividend yield of 16.24%. The ex-dividend date of this dividend is Friday, May 17th.

Hedge Funds Weigh In On Carlyle Credit Income Fund

Several hedge funds have recently bought and sold shares of CCIF. Envestnet Asset Management Inc. purchased a new stake in shares of Carlyle Credit Income Fund during the fourth quarter worth about $1,985,000. Cambridge Investment Research Advisors Inc. purchased a new position in shares of Carlyle Credit Income Fund during the fourth quarter valued at approximately $1,318,000. Bulldog Investors LLP acquired a new stake in Carlyle Credit Income Fund during the fourth quarter worth approximately $1,279,000. Relative Value Partners Group LLC purchased a new stake in Carlyle Credit Income Fund in the 4th quarter worth approximately $1,118,000. Finally, Cetera Advisor Networks LLC purchased a new stake in Carlyle Credit Income Fund in the 4th quarter worth approximately $829,000.

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.