Carey Credit
Income Fund

CCIF'S EXISTING FEEDERS

CCIF – I Overview

In connection with the current transition of the investment advisory function of Carey Credit Income Fund to Guggenheim Partners Investment Management, LLC, CCIF – I's current offering has been temporarily suspended, effective August 23, 2017. For additional information, please refer to the supplement dated August 23, 2017.


Account Type
Advisory
Holding Period
Long-term1
Share Repurchase
Quarterly at NAV2

Distribution Frequency
Monthly3
Distribution Reinvestment
Net Asset Value4

1CCIF – I’s Board of Trustees must consider a liquidity event on or before December 31, 2040; however, the Board of Trustees could delay pursuing a liquidity event for at most an additional one year period if it determines that it would not be in the best interests of shareholders to pursue a liquidity event at that time due to adverse market conditions.
2CCIF – I is designed to be a long-term investment. However, investors may be able to submit their shares for repurchase at NAV. In any calendar year, share repurchase may be no more than 10% of the weighted average number of outstanding shares in any 12-month period. There is no assurance that the Board of Trustees will exercise its discretion to offer to repurchase shares or that there will be sufficient funds available to accommodate all of the shareholders' requests for repurchase. The share repurchase program may be amended, suspended or terminated at any time.
3The payment of future distributions on the common stock of CCIF – I is subject to the discretion of the board of trustees and there can be no assurance as to the amount or timing of any such future distributions. Distributions are not guaranteed.
4Due to temporary suspension of CCIF – I's current offering.

Key Facts: CCIF – I

as of 08/30/17

$25.75

Net Asset Value

7.05%

Annualized Distribution Rate ±

 

±The annualized distribution rate is calculated by dividing the annualized distributions by the net asset value for CCIF – I. Regular cash distributions do not include declared special cash or share distributions, if any. The annualized distribution rate shown may be rounded. The payment of future distributions on the common stock of CCIF – I is subject to the discretion of the board of trustees and there can be no assurance as to the amount or timing of any such future distributions. Distributions are not guaranteed. Future distributions to shareholders of CCIF – I may be funded in significant part by the reimbursement of certain expenses that are subject to repayment to the advisors of CCIF – I. Such waivers and reimbursements by the advisors may not continue in the future. If the advisors had not agreed to reimburse certain expenses for CCIF – I, significant portions of the distributions paid thus far may have come from offering proceeds or borrowings. The repayment of amounts owed to the advisors will reduce the future distributions to which investors would otherwise be entitled.

Cumulative total return for CCIF – I from October 15, 2015 to March 31, 2017 is 11.62% (without upfront sales load) and 8.28% (with upfront sales load). An investment in CCIF – I is subject to a maximum upfront sales load of 3.0% of the offering price, which will reduce the amount of capital available for investment. Cumulative total return includes all operating expenses such as management fees, recurring general and administrative expenses, organization and amortized offering expenses, and interest expenses, including CCIF – I’s proportionate share of the master fund’s expenses. Operating expenses may vary in the future based on the amount of capital raised, the Advisors’ election to continue expense support and other unpredictable variables. Over the presentation period, the combination of the total operating expenses, including the master fund and CCIF – I, were 21.72% and 10.72% of the fund’s average net value since inception, before and after expense support provided by the Advisors, respectively. Past performance is not a guarantee of future results.

Forms & Materials

Investor Materials

Key Facts: CCIF – I

as of 08/30/17

$25.75

Net Asset Value

7.05%

Annualized Distribution Rate ±

 

±The annualized distribution rate is calculated by dividing the annualized distributions by the net asset value for CCIF – I. Regular cash distributions do not include declared special cash or share distributions, if any. The annualized distribution rate shown may be rounded. The payment of future distributions on the common stock of CCIF – I is subject to the discretion of the board of trustees and there can be no assurance as to the amount or timing of any such future distributions. Distributions are not guaranteed. Future distributions to shareholders of CCIF – I may be funded in significant part by the reimbursement of certain expenses that are subject to repayment to the advisors of CCIF – I. Such waivers and reimbursements by the advisors may not continue in the future. If the advisors had not agreed to reimburse certain expenses for CCIF – I, significant portions of the distributions paid thus far may have come from offering proceeds or borrowings. The repayment of amounts owed to the advisors will reduce the future distributions to which investors would otherwise be entitled.

Cumulative total return for CCIF – I from October 15, 2015 to March 31, 2017 is 11.62% (without upfront sales load) and 8.28% (with upfront sales load). An investment in CCIF – I is subject to a maximum upfront sales load of 3.0% of the offering price, which will reduce the amount of capital available for investment. Cumulative total return includes all operating expenses such as management fees, recurring general and administrative expenses, organization and amortized offering expenses, and interest expenses, including CCIF – I’s proportionate share of the master fund’s expenses. Operating expenses may vary in the future based on the amount of capital raised, the Advisors’ election to continue expense support and other unpredictable variables. Over the presentation period, the combination of the total operating expenses, including the master fund and CCIF – I, were 21.72% and 10.72% of the fund’s average net value since inception, before and after expense support provided by the Advisors, respectively. Past performance is not a guarantee of future results.

DISTRIBUTION HISTORY

Search CCIF – I's distribution history by payment date below:

Search by Payment Date:

Record Date Payment Date Declared Distribution per Share
09/26/2017 09/27/2017 *$0.139840
08/29/2017 08/30/2017 $0.034960
08/15/2017 08/30/2017 $0.034960
08/08/2017 08/30/2017 $0.034960
08/01/2017 08/30/2017 $0.034960
07/25/2017 07/26/2017 $0.034960
07/18/2017 07/26/2017 $0.034960
07/11/2017 07/26/2017 $0.034960
07/04/2017 07/26/2017 $0.034960
06/27/2017 06/28/2017 $0.034960
06/20/2017 06/28/2017 $0.034960
06/13/2017 06/28/2017 $0.034960
06/06/2017 06/28/2017 $0.034960
05/30/2017 05/31/2017 $0.034960
05/23/2017 05/31/2017 $0.034960
05/16/2017 05/31/2017 $0.034960
05/09/2017 05/31/2017 $0.034960
05/02/2017 05/31/2017 $0.034960
04/25/2017 04/26/2017 $0.034960
04/18/2017 04/26/2017 $0.034960
04/11/2017 04/26/2017 $0.034960
04/04/2017 04/26/2017 $0.034960
03/28/2017 03/29/2017 $0.034960
03/21/2017 03/29/2017 $0.034960
03/14/2017 03/29/2017 $0.034960
03/07/2017 03/29/2017 $0.034960
02/28/2017 03/01/2017 $0.034960
02/21/2017 03/01/2017 $0.034960
02/14/2017 03/01/2017 $0.034960
02/07/2017 03/01/2017 $0.034960
01/31/2017 02/01/2017 $0.034960
01/24/2017 02/01/2017 $0.034960
01/17/2017 02/01/2017 $0.034960
01/10/2017 02/01/2017 $0.034960
01/03/2017 02/01/2017 $0.034960
12/27/2016 12/28/2016 $0.034960
12/20/2016 12/28/2016 $0.034960
12/13/2016 12/28/2016 $0.034960
12/06/2016 12/28/2016 $0.034960
11/29/2016 11/30/2016 $0.034960
11/22/2016 11/30/2016 $0.034960
11/15/2016 11/30/2016 $0.034960
11/08/2016 11/30/2016 $0.034960
11/01/2016 11/30/2016 $0.034960
10/25/2016 10/26/2016 $0.034960
10/18/2016 10/26/2016 $0.034960
10/11/2016 10/26/2016 $0.034960
10/04/2016 10/26/2016 $0.034960
09/27/2016 09/28/2016 $0.034960
09/20/2016 09/28/2016 $0.034960
09/13/2016 09/28/2016 $0.034960
09/06/2016 09/28/2016 $0.034960
08/30/2016 08/31/2016 $0.034960
08/23/2016 08/31/2016 $0.034960
08/16/2016 08/31/2016 $0.034960
08/09/2016 08/31/2016 $0.034960
08/02/2016 08/31/2016 $0.034960
07/26/2016 07/27/2016 $0.034960
07/19/2016 07/27/2016 $0.034960
07/12/2016 07/27/2016 $0.034960
07/05/2016 07/27/2016 $0.034960
06/28/2016 06/29/2016 $0.034960
06/21/2016 06/29/2016 $0.034960
06/14/2016 06/29/2016 $0.034960
06/07/2016 06/29/2016 $0.034960
05/31/2016 06/01/2016 $0.034960
05/24/2016 06/01/2016 $0.034960
05/17/2016 06/01/2016 $0.034960
05/10/2016 06/01/2016 $0.034960
05/03/2016 06/01/2016 $0.034960
04/26/2016 04/27/2016 $0.034960
04/19/2016 04/27/2016 $0.034960
04/12/2016 04/27/2016 $0.034960
04/05/2016 04/27/2016 $0.034960
03/29/2016 03/30/2016 $0.034650
03/22/2016 03/30/2016 $0.034650
03/15/2016 03/30/2016 $0.034650
03/08/2016 03/30/2016 $0.034650
03/01/2016 03/30/2016 $0.034650
On February 26, 2016, we effected a reverse stock split of the offering’s outstanding common shares of beneficial interest at a ratio of 1.0-for-0.3480. Accordingly, our public offering price was adjusted from $8.70 per share to $25.00 per share and our Declared Distribution per Share was adjusted from $0.012860 to $0.034650.
02/23/2016 02/24/2016 $0.012860
02/16/2016 02/24/2016 $0.012860
02/09/2016 02/24/2016 $0.012860
02/02/2016 02/24/2016 $0.012860
01/26/2016 01/27/2016 $0.012860
01/19/2016 01/27/2016 $0.012860
01/12/2016 01/27/2016 $0.012860
01/05/2016 01/27/2016 $0.012860
12/29/2015 12/30/2015 $0.012860
12/22/2015 12/30/2015 $0.012860
12/15/2015 12/30/2015 $0.012860
12/08/2015 12/30/2015 $0.012860
12/01/2015 12/30/2015 $0.012860
11/24/2015 11/25/2015 $0.012860
11/17/2015 11/25/2015 $0.012860
11/10/2015 11/25/2015 $0.012860
11/03/2015 11/25/2015 $0.012860
10/27/2015 10/28/2015 $0.012860
10/20/2015 10/28/2015 $0.012860

Past performance is not a guarantee of future results.

*Monthly distribution rate.

Key Facts: CCIF – I

as of 08/30/17

$25.75

Net Asset Value

7.05%

Annualized Distribution Rate ±

 

±The annualized distribution rate is calculated by dividing the annualized distributions by the net asset value for CCIF – I. Regular cash distributions do not include declared special cash or share distributions, if any. The annualized distribution rate shown may be rounded. The payment of future distributions on the common stock of CCIF – I is subject to the discretion of the board of trustees and there can be no assurance as to the amount or timing of any such future distributions. Distributions are not guaranteed. Future distributions to shareholders of CCIF – I may be funded in significant part by the reimbursement of certain expenses that are subject to repayment to the advisors of CCIF – I. Such waivers and reimbursements by the advisors may not continue in the future. If the advisors had not agreed to reimburse certain expenses for CCIF – I, significant portions of the distributions paid thus far may have come from offering proceeds or borrowings. The repayment of amounts owed to the advisors will reduce the future distributions to which investors would otherwise be entitled.

Cumulative total return for CCIF – I from October 15, 2015 to March 31, 2017 is 11.62% (without upfront sales load) and 8.28% (with upfront sales load). An investment in CCIF – I is subject to a maximum upfront sales load of 3.0% of the offering price, which will reduce the amount of capital available for investment. Cumulative total return includes all operating expenses such as management fees, recurring general and administrative expenses, organization and amortized offering expenses, and interest expenses, including CCIF – I’s proportionate share of the master fund’s expenses. Operating expenses may vary in the future based on the amount of capital raised, the Advisors’ election to continue expense support and other unpredictable variables. Over the presentation period, the combination of the total operating expenses, including the master fund and CCIF – I, were 21.72% and 10.72% of the fund’s average net value since inception, before and after expense support provided by the Advisors, respectively. Past performance is not a guarantee of future results.

Key Facts: CCIF – I

as of 08/30/17

$25.75

Net Asset Value

7.05%

Annualized Distribution Rate ±

 

±The annualized distribution rate is calculated by dividing the annualized distributions by the net asset value for CCIF – I. Regular cash distributions do not include declared special cash or share distributions, if any. The annualized distribution rate shown may be rounded. The payment of future distributions on the common stock of CCIF – I is subject to the discretion of the board of trustees and there can be no assurance as to the amount or timing of any such future distributions. Distributions are not guaranteed. Future distributions to shareholders of CCIF – I may be funded in significant part by the reimbursement of certain expenses that are subject to repayment to the advisors of CCIF – I. Such waivers and reimbursements by the advisors may not continue in the future. If the advisors had not agreed to reimburse certain expenses for CCIF – I, significant portions of the distributions paid thus far may have come from offering proceeds or borrowings. The repayment of amounts owed to the advisors will reduce the future distributions to which investors would otherwise be entitled.

Cumulative total return for CCIF – I from October 15, 2015 to March 31, 2017 is 11.62% (without upfront sales load) and 8.28% (with upfront sales load). An investment in CCIF – I is subject to a maximum upfront sales load of 3.0% of the offering price, which will reduce the amount of capital available for investment. Cumulative total return includes all operating expenses such as management fees, recurring general and administrative expenses, organization and amortized offering expenses, and interest expenses, including CCIF – I’s proportionate share of the master fund’s expenses. Operating expenses may vary in the future based on the amount of capital raised, the Advisors’ election to continue expense support and other unpredictable variables. Over the presentation period, the combination of the total operating expenses, including the master fund and CCIF – I, were 21.72% and 10.72% of the fund’s average net value since inception, before and after expense support provided by the Advisors, respectively. Past performance is not a guarantee of future results.

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