SCHEDULE: Eagle Point Credit Management Discloses 19.07% Stake in Carlyle Credit Income Fund Preferred Shares

Eagle Point Credit Management LLC has reported a 19.07% beneficial ownership stake in the Preferred Shares of Carlyle Credit Income Fund.

Summary

• Eagle Point Credit Management LLC, an investment adviser organized in Delaware, has filed a Schedule 13G indicating beneficial ownership in Carlyle Credit Income Fund.
• The filing pertains to 401,043 Preferred Shares of Carlyle Credit Income Fund, representing 19.07% of the class.
• Eagle Point Credit Management LLC holds sole voting and sole dispositive power over all 401,043 shares.
• The address of the issuer, Carlyle Credit Income Fund, is One Vanderbilt Avenue, Suite 3400, New York, NY, 10017.
• The address of the reporting person, Eagle Point Credit Management LLC, is 600 Steamboat Road, Suite 202, Greenwich, CT 06830.
• The filing certifies that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer.

Sentiment

Score: 6

Explanation: The filing is largely neutral as it is a mandatory disclosure of beneficial ownership. However, a significant stake by an investment adviser can be interpreted as a positive signal of confidence in the issuer's preferred shares, without indicating an intent to influence control.

Positives

• A significant beneficial ownership stake of 19.07% by an investment adviser like Eagle Point Credit Management LLC may signal confidence in the Preferred Shares of Carlyle Credit Income Fund.

Future Outlook

No forward-looking statements or guidance are provided in this beneficial ownership report.

Industry Context

This filing represents a standard disclosure of significant beneficial ownership by an institutional investor, common in the financial industry for transparency regarding large holdings in publicly traded entities.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional stake provides transparency regarding the ownership structure and may influence market perception of the preferred shares.

Key Dates

Keywords

Carlyle Credit Income Fund, Eagle Point Credit Management, Preferred Shares, Beneficial Ownership, SEC Filing, Schedule 13G, Investment Adviser, Institutional Ownership