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

Carlyle Credit Income Fund (NYSE:CCIF) posted its quarterly earnings results on Wednesday. The company reported $0.07 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.02), Zacks reports.

Carlyle Credit Income Fund Stock Down 3.3%

Shares of NYSE:CCIF traded down $0.10 during midday trading on Wednesday, reaching $2.75. The company’s stock had a trading volume of 74,721 shares, compared to its average volume of 140,369. The stock has a fifty day moving average of $2.82 and a 200 day moving average of $3.19. Carlyle Credit Income Fund has a twelve month low of $2.57 and a twelve month high of $5.95.

Institutional Investors Weigh In On Carlyle Credit Income Fund

Several hedge funds have recently added to or reduced their stakes in CCIF. Osaic Holdings Inc. grew its position in Carlyle Credit Income Fund by 34.4% during the 2nd quarter. Osaic Holdings Inc. now owns 17,135 shares of the company’s stock worth $111,000 after purchasing an additional 4,388 shares during the period. Arlington Capital Management Inc. acquired a new stake in Carlyle Credit Income Fund during the third quarter worth about $278,000. Citadel Advisors LLC purchased a new position in Carlyle Credit Income Fund during the third quarter valued at approximately $89,000. Kovack Advisors Inc. purchased a new position in Carlyle Credit Income Fund during the fourth quarter valued at approximately $126,000. Finally, Marex Group plc acquired a new position in Carlyle Credit Income Fund in the fourth quarter valued at approximately $239,000.

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. 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.