Private Credit Portfolio Analysis | Guggenheim Credit Income Fund Reports Q1 2025 Results
- Editor
- May 15
- 2 min read
Whats New:
Guggenheim Credit Income Fund reported its Q1 2025 financial results, showing a significant decrease in total assets and net asset value per share compared to the previous quarter. The fund's total assets decreased to $4.30 billion as of March 31, 2025, down from $5.26 billion at the end of 2024.
Portfolio Dynamics:
Total assets decreased to $4.30 billion as of March 31, 2025, compared to $5.26 billion at the end of 2024.
Investments at fair value declined to $4.18 billion, down from $5.02 billion at the end of 2024.
Cash and cash equivalents decreased to $111,000 from $236,000 at the end of 2024.
Investment Activity:
The fund reported no significant changes in investment activity during the quarter.
No new investments or major divestments were disclosed in the financial statements.
Capital Structure:
Total liabilities increased to $259,000 from $69,000 at the end of 2024.
Accounts payable and other accrued liabilities rose to $224,000 from $31,000 at the end of 2024.
The fund reported $16,000 in accounts payable to related parties, up from zero at the end of 2024.
Performance Profile:
Net asset value per share decreased to $0.25 as of March 31, 2025, compared to $0.32 at the end of 2024.
Net assets decreased to $4.04 billion from $5.19 billion at the end of 2024.
The fund reported a net loss of $1.16 million for the quarter.
Risk & Quality:
The fund reported a significant unrealized loss on investments of $840,000 for the quarter.
Accrued professional fees decreased to $19,000 from $38,000 at the end of 2024.
The fund's accumulated other comprehensive loss increased to $17.80 million from $16.64 million at the end of 2024.
The Wrap:
Guggenheim Credit Income Fund experienced a challenging first quarter in 2025, with significant decreases in total assets, investments at fair value, and net asset value per share. The fund's performance was negatively impacted by unrealized losses on investments and increased liabilities. These results indicate potential headwinds in the private credit market and highlight the need for careful risk management in the current economic environment.
Comments