Overview
Description
Carlyle Credit Income Fund 8.75% Preferred Stock 10/31/28 is a type of preferred stock issued by the Carlyle Credit Income Fund, which is a closed-end fund focusing on income generation through investments in credit assets. This particular preferred stock offers an 8.75% dividend, providing a relatively high yield in comparison to many other financial instruments. The issue date, 10/31/28, marks its maturity date or the period within which investors can expect to receive dividends. Issued by a credit fund, this preferred stock participates in sectors involving various credit assets, including but not limited to, corporate loans and debt securities. Preferred stocks like this offer investors preferential treatment over common stockholders in terms of dividend payment, making them a potentially appealing option for income-focused portfolios. By blending characteristics of both bonds and stocks, it plays a critical role in diversifying investment portfolios and providing steady income streams in the broader financial markets.
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Instrument type
Preferred stock
Sector
Industry
Country
United States
MIC code
XNYS