Riskiest CLO Funds Are Flashing a Warning Sign: Credit Weekly


At least three CLO equity-tied funds, including ones from Eagle Point, Oxford Lane and Koch Inc.-backed Sound Point Meridian Capital Inc., have cut their monthly shareholder distributions in the past 30 days. The Carlyle Credit Income Fund, which has held its dividend steady at 10.5 cents per share for nearly two years, is expected to report earnings on Wednesday. 



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