Feb. 25 at 10:04 PM
$CCIF Earnings are out:
Over the past quarter, the Fund has successfully:
* Declared a monthly dividend of
$0.06 cents (from
$0.105/share) through May 2026, equating to a 20.00% annualized dividend based on share price as of February 23, 2026.
* Funded
$13.1 million in new CLO investments with a weighted average GAAP yield of 13.55% as of December 31, 2025. The aggregate portfolio weighted average GAAP yield was 13.56% as of December 31, 2025.
* Refinanced
$52 million 8.75% Series A Term Preferred Shares with lower cost preferred shares with a weighted average coupon of 7.33%.
* Issued
$30 million of 7.375% Series D Term Preferred Shares due 2028 (NYSE: CCID) on October 30, 2025.
* Completed a private placement of 7.25% Series E Convertible Preferred Shares for total net proceeds of approximately
$16.3 million on October 30, 2025.
