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 $7.18 million as of March 31, 2025, down from $8.08 million at the end of 2024.
Portfolio Dynamics:
Total assets decreased to $7.18 million as of March 31, 2025, compared to $8.08 million at the end of 2024.
Investments at fair value declined to $5.06 million from $5.47 million at the end of 2024.
Cash and cash equivalents decreased to $2.09 million from $2.45 million at the end of 2024.
Investment Activity:
Accrued investment income receivable increased to $20,000 from $12,000 at the end of 2024.
Receivable with imputed interest face amount decreased significantly to $6,000 from $117,000 at the end of 2024.
Due from related party current decreased to $1,000 from $7,000 at the end of 2024.
Capital Structure:
Total liabilities increased to $898,000 from $542,000 at the end of 2024.
Net assets decreased to $6.28 million from $7.54 million at the end of 2024.
Common stock value remained unchanged at $26,000.
Performance Profile:
Net asset value per share decreased to $0.24 as of March 31, 2025, compared to $0.29 at the end of 2024.
Net investment loss was $841,000 for Q1 2025.
Realized investment losses were $6.87 million for Q1 2025.
Risk & Quality:
Management fee payable increased slightly to $33,000 from $31,000 at the end of 2024.
Accrued professional fees current increased significantly to $639,000 from $481,000 at the end of 2024.
Accounts payable and other accrued liabilities current increased to $155,000 from $30,000 at the end of 2024.
The Wrap:
Guggenheim Credit Income Fund experienced a challenging Q1 2025, with significant decreases in total assets, investments at fair value, and net asset value per share. The fund reported substantial realized investment losses and a net investment loss for the quarter. While some receivables increased, overall liabilities grew, potentially indicating increased financial stress. The decline in net asset value per share from $0.29 to $0.24 reflects the fund's deteriorating performance during this period.
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