"Our fourth-quarter results reflect continued focus on positioning CCIF for long-term success," said Nishil Mehta, CCIF's Principal Executive Officer and President. "In the quarter we completed five resets and two refinancings in the underlying portfolio to extend reinvestment periods and enhance the portfolio. We also maintained the monthly dividend that is covered by core net investment income, and we believe the portfolio remains well positioned as market conditions continue to evolve."
Over the past quarter, the Fund has successfully:
Maintained the monthly dividend of 10.5 cents through February 2026, equating to a 24.14% annualized dividend based on share price as of November 12, 2025, or 20.55% based on the Fund's NAV as of September 30, 2025.
Funded $34.9 million in new CLO investments with a weighted average GAAP yield of 13.65% as of September 30, 2025. The aggregate portfolio weighted average GAAP yield was 14.44% as of September 30, 2025.
Entered into a $30 million Credit Facility. The Credit Facility allows for borrowings at a rate of SOFR + 3.25% with no unused fee and can be upsized to $50 million.
Net investment income was $0.15 per common share, adjusted net investment income was $0.17 per common share, and core net investment income was $0.32 per common share for the fourth quarter of 2025. Adjusted Net Investment Income Per Common Share and Core Net Investment Income Per Common Share are Non-GAAP financial measures described in further detail below. Net asset value per common share was $6.13 as of September 30, 2025. The total fair value of investments was $192.2 million as of September 30, 2025.
Dividends
CCIF is maintaining a monthly dividend on shares of the Fund's common stock of $0.1050 per share for December 2025, and January and February 2026.
Security
Amount per Share
