FUND DESCRIPTION: Carlyle Credit Income Fund formerly, Vertical Capital Income Fund is a diversified exchange-traded closed-end fund (CEF) or a closed-end ETF that is officially described as a closed-end management investment company. INVESTMENT OBJECTIVE: The Carlyle Credit Income Fund seeks current income and capital appreciation.
FUND STRATEGY: The fund seeks to achieve its investment objectives by investing primarily in equity and junior debt tranches of collateralized loan obligations, or “CLOs,” that are collateralized by a portfolio consisting primarily of below investment grade U.S. senior secured loans with a large number of distinct underlying borrowers across various industry sectors. The Fund may also invest in other related securities and instruments or other securities and instruments that its Adviser believes are consistent with our investment objectives, including senior debt tranches of CLOs, loan accumulation facilities, or “LAFs,” and securities issued by other securitization vehicles, such as collateralized bond obligations, or “CBOs.”.
FUND MANAGEMENT: The Board of Trustees is responsible for the overall management of the Fund, including supervision of the duties performed by the Adviser. Carlyle Global Credit Investment Management serves as Investment Adviser to the Fund.
