Carlyle Credit Income Fund (NYSE: CCIF) is a non-diversified, closed-end fund that generates current income, with a secondary objective of capital appreciation, by investing at least 80% of its net assets and borrowings in credit and credit-related instruments, primarily equity and junior debt tranches of collateralized loan obligations (CLOs) backed by below-investment-grade U.S. senior secured loans; secured and unsecured floating-rate and fixed-rate loans; corporate debt obligations including bonds, notes, debentures, and commercial paper; debt issued by governments and their agencies; and convertible debt securities. The fund's portfolio emphasizes diversification across sectors such as technology, healthcare, and real estate, with a focus on senior secured loans comprising approximately 96.5% of holdings and no single obligor exceeding 0.07% exposure. Formed on December 30, 2011, and domiciled in the United States, the fund is externally managed by Carlyle Global Credit Investment Management L.L.C., a subsidiary of The Carlyle Group, with offices at 5301 Alpha Road, Suite 80-222, Dallas, Texas 75240. In recent developments, the fund raised approximately $16.3 million in net proceeds from the sale of 17,500 shares of 7.25% Series E Convertible Preferred Shares in October 2025 to institutional investors, with quarterly dividends at an annual rate of 7.25% and a mandatory redemption by October 30, 2030; redeemed all outstanding 8.75% Series A Preferred Shares (NYSE: CCIA) on November 3, 2025; funded $34.9 million in new CLO investments at a weighted average GAAP yield of 13.7% during Q4 2025; and entered a $30 million credit facility (expandable to $50 million) at SOFR plus 3.3%, while maintaining a monthly common share dividend of $0.105 through February 2026. The fund targets income-seeking investors through NYSE-listed common and preferred shares, with total investments reaching $192.2 million as of Q4 2025 and a net asset value of $6.13 per share.