Private company

GUGGENHEIM CREDIT INCOME FUND

GUGGENHEIM CREDIT INCOME FUND is a fund registered in the United States, based in Chicago, active since 2014.2

Last updated Oct 20, 2026.

Overview

  • HeadquartersChicago, United States2
  • Business address330 Madison Avenue, New York, Ny 100173
  • Filer categoryNon-accelerated filer3
  • Legal formFUND2
  • Kind of organizationFund2
  • LEI549300XK3UA2IWYZE7972
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressC/O WILMINGTON TRUST, NATIONAL ASSOCIATION, 19890 Wilmington, United States2
  • Registered withSecurities and Exchange Commission, 00016186972

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Funds. See Part III. Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Shareholder Matters .4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Financial statements

Net income56-$5.1M in 2024
-$10.0M0$10.0M$20.0M$30.0M2021: $21.7M$21.7M20212022: -$1.1M-$1.1M20222023: $1.3M$1.3M20232024: -$5.1M-$5.1M2024
Fiscal year20212022202320242025
Operating expenses$9.3M5$3.8M6$2.1M6$2.1M6
Interest$2.9M5
Net income$21.7M5-$1.1M6$1.3M6-$5.1M6
Earnings per share$0.845-$0.046$0.056-$0.206
Earnings per share (diluted)$0.845-$0.046$0.056-$0.206
Shares (weighted, basic)25.7M shares525.6M shares626.0M shares625.6M shares6
Shares (weighted, diluted)25.7M shares525.6M shares626.0M shares625.6M shares6

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What it owns

What GUGGENHEIM CREDIT INCOME FUND reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$2.5M6 Dec 31, 2024$3.7M6 Dec 31, 2023−33.5%

Properties, in its own words

We do not own any real estate or other physical properties materially important to our operation. We believe that the Advisor’s office facilities are suitable and adequate for our business.

Item 2 of the 10-K filed Mar 31, 2025.4

Leadership

Who has led GUGGENHEIM CREDIT INCOME FUND, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Trevor P. Bond2015
  2. Mark J. Decesaris2016
  3. Matthew Bloom2017

Chair

  1. Mark J. Decesaris2016
  2. Matthew Bloom2017

President

  1. Mark M. Goldberg2015
  2. Matthew Bloom2017

Chief financial officer

  1. Paul S. Saint-Pierre2015–2018
  2. Brian S. Williams2018
  3. Cielo Ordonez2020
  4. Michael Guss2021
  5. James Howley2022
20202025
Board members and other officers (15)

Former names

  • Carey Credit Income FundAug 18, 2017 to Sep 27, 20173

Timeline

  1. Jun 27, 20258-K Shareholder vote; Other events33
  2. Dec 20, 20248-K Executive or director change34
  3. Jun 21, 20248-K Other events35
  4. Nov 13, 20238-K Executive or director change36
  5. Oct 6, 20238-K Other events37
  6. Jul 6, 20238-K Other events38
  7. Dec 19, 20228-K Other events39
  8. Oct 28, 20228-K Other events40
  9. Sep 8, 20228-K Executive or director change41
  10. Feb 14, 20228-K Executive or director change42
  11. Jan 28, 20228-K Other events43
  12. Dec 2, 20218-K Ended a material agreement44
  13. Sep 8, 2017New chief executive Matthew Bloom becomes CEO9
  14. Feb 24, 2016New chief executive Mark J. Decesaris becomes CEO10
  15. Aug 11, 2015New chief executive Trevor P. Bond becomes CEO11
  16. Sep 5, 2014Founded GUGGENHEIM CREDIT INCOME FUND is founded2

Filings

35 filings to the SEC since October 2021: 4 annual reports, 12 quarterly reports, 13 major events, 1 insider forms, 5 other. The latest 20:

  1. Aug 11, 202515-12G GCIF EDGAR
  2. Jun 27, 2025N-54C GCIF EDGAR
  3. Jun 27, 20258-K GCIF EDGAR
  4. May 15, 202510-Q EDGAR
  5. Mar 31, 202510-K EDGAR
  6. Dec 20, 20248-K GUGGENHEIM CREDIT INCOME FUND EDGAR
  7. Nov 13, 202410-Q EDGAR
  8. Aug 13, 202410-Q EDGAR
  9. Jun 21, 20248-K GCIF EDGAR
  10. May 10, 202410-Q EDGAR
  11. Mar 22, 202410-K EDGAR
  12. Nov 29, 202340-17G FIDELITY BOND DOCUMENTS EDGAR
  13. Nov 13, 20238-K GCIF 8K EDGAR
  14. Nov 9, 202310-Q EDGAR
  15. Oct 6, 20238-K GUGGENHEIM CREDIIT INCOME FUND EDGAR
  16. Aug 10, 202310-Q/A EDGAR
  17. Aug 10, 202310-Q EDGAR
  18. Jul 6, 20238-K EDGAR
  19. May 15, 202310-Q EDGAR
  20. Mar 15, 202310-K EDGAR

The 35 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How GUGGENHEIM CREDIT INCOME FUND is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGUGGENHEIM CREDIT INCOME FUND1
  • CIK0001618697
  • Employer ID (EIN)47-20394724
  • Filer statusNon-accelerated filer not a shell company4
  • Incorporated inDelaware4
  • Fiscal year endsDecember 311
  • Business address330 Madison Avenue, New York, NY 100171
  • Phone212 739 92821
  • Shares outstanding25,594,125 as of May 15, 20258
  • Public float$200.0K as of Dec 31, 20244
  • AuditorErnst & Young LLP, New York, NY PCAOB ID 424
  • On EDGAR sinceNov 5, 20141
  • Filings246 in all: 8-K (88), 10-Q (31), 3 (26), SC TO-I/A (20), SC TO-I (19), 40-17G (11), 10-K (10), 40-APP/A (6)1
    All 28 form types

    DEFA14A (5), 40-APP (3), CORRESP (3), 10-12G/A (2), 3/A (2), 4 (2), APP NTC (2), APP ORDR (2), DEF 14A (2), PRE 14A (2), 10-12G (1), 10-Q/A (1), 15-12G (1), 8-K/A (1), APP WD (1), N-54A (1), N-54C (1), N-6F (1), SC 13D (1), SC 13G (1)

  • Latest filingsAnnual report (10-K) Mar 31, 2025
    Quarterly report (10-Q) May 15, 2025
    Proxy statement (DEF 14A) Apr 14, 2025
    Latest 8-K (8-K) Jun 27, 2025

Risk factors and legal proceedings

The risks GUGGENHEIM CREDIT INCOME FUND names in Item 1A of its 10-K filed Mar 31, 2025: 67 risks under these headings, as written.4

  • RISKS RELATED TO OUR BUSINESS
  • Our ability to achieve our investment objectives depends on the Advisor’s ability to manage and support our investment process. If the Advisor were to lose a significant number of its key professionals, or terminate the Investment Advisory Agreement, our ability to achieve our investment objectives could be significantly harmed.
  • Because our business model depends to a significant extent upon relationships with corporations, financial institutions and investment firms, the inability of the Advisor to maintain or develop these relationships, or the failure of these relationships to generate investment opportunities, could adversely affect our business.
  • We may face increasing competition for investment opportunities, which could delay further deployment of our capital, reduce returns and result in losses.
  • The amount of any distributions we may make is uncertain. We may not be able to pay distributions or be able to sustain distributions at any particular level, and our distributions per share may not grow over time or may decline. We have not established any limit on the extent to which we may use borrowings, if any, or offering proceeds to fund distributions (which may reduce the amount of capital we ultimately invest in portfolio companies).
  • Our distributions may exceed our taxable earnings and profits. Therefore, portions of the distributions that we pay may represent a return of capital to you, which will lower your tax basis in your Shares, which may cause you to experience increases in capital gains in subsequent sales of your Shares, and reduce the amount of funds we have for investment in portfolio companies.
  • A significant portion of our investment portfolio will be recorded at fair value as determined in good faith in accordance with procedures established by our Board of Trustees and, as a result, there is and will be uncertainty as to the value of our portfolio investments.
  • We are dependent on information systems and systems failures could significantly disrupt our business, which may, in turn, negatively affect our liquidity, financial condition or results of operations.
  • Cybersecurity risks and cyber incidents may adversely affect our business by causing a disruption to our operations, a compromise or corruption of our confidential information and/or damage to our business relationships, all of which could negatively impact our business, results of operations or financial condition.
  • Any unrealized losses we experience on our portfolio may be an indication of future realized losses, which could reduce our income available for distribution.
  • Our Board of Trustees may change our operating policies and strategies without prior notice or shareholder approval, the effects of which may be adverse to our shareholders.
  • Certain investment analysis and decisions by the Advisor may be undertaken with limited information.
The other 56 risks
  • Changes in laws or regulations governing our operations may adversely affect our business or cause us to alter our business strategy.
  • We may experience fluctuations in our quarterly results.
  • RISKS RELATED TO OUR INVESTMENTS
  • We are a non-diversified investment company within the meaning of the 1940 Act and therefore we are not limited with respect to the proportion of our assets that may be invested in securities of a single issuer.
  • Global capital markets could enter a period of severe disruption and instability. These conditions have historically affected and could again materially and adversely affect debt and equity capital markets in the United States and around the world and could negatively impact our business, financial condition and results of operations.
  • Our investments in portfolio companies may be risky and we could lose all or part of our investment.
  • Our portfolio companies may incur debt that ranks equally with, or senior to, our investments in such companies.
  • Subordinated liens on collateral securing debt investments that we will make to our portfolio companies may be subject to control by senior creditors with first priority liens. If there is a default, the value of the collateral may not be sufficient to repay both the first priority creditors and us in full.
  • There may be circumstances where our debt investments could be subordinated to claims of other creditors or we could be subject to lender liability claims.
  • We generally will not control the business operations of our portfolio companies and, due to the illiquid nature of our holdings in our portfolio companies, may not be able to dispose of our interest in our portfolio companies.
  • We will be exposed to risks associated with changes in interest rates.
  • Inflation has and may continue to adversely affect our business.
  • An increase or decrease in commodity supply or demand may adversely affect our business.
  • An increase or decrease in commodity pricing may adversely affect our business.
  • We may continue to be subject to certain contingent liabilities arising from the sale or other disposition of our investments.
  • International investments create additional risks.
  • To the extent OID and PIK interest income constitute a portion of our income, we will be exposed to risks associated with the deferred receipt of cash representing such income.
  • Our investments in private investment funds, including hedge funds, private equity funds, limited liability companies and other business entities, subject us indirectly to the underlying risks of such private investment funds and additional fees and expenses.
  • We may acquire various structured financial instruments for purposes of “hedging” or reducing our risks, which may be costly and ineffective and could reduce our cash available for distribution to our shareholders.
  • Defaults by our portfolio companies will harm our operating results.
  • The lack of liquidity in our investments may adversely affect our business.
  • We may not have the funds or ability to make additional investments in our portfolio companies or to fund our unfunded commitments.
  • Prepayments of our debt investments by our portfolio companies could adversely impact our results of operations and reduce our return on equity.
  • To the extent that we borrow money, the potential for gain or loss on amounts invested in us will be magnified and may increase the risk of investing in us. Borrowed money may also adversely affect the return on our assets, reduce cash available to service our debt or for distribution to our shareholders and result in losses.
  • Economic recessions or downturns could impair our portfolio companies and harm our operating results.
  • The Advisor’s decision to securitize loans may impact the Feeder Funds.
  • RISKS RELATED TO OUR ADVISOR AND ITS AFFILIATES
  • The Advisor and its affiliates, including our officers and some of our Trustees, may face conflicts of interest caused by compensation arrangements with us and our affiliates, which could result in increased risk-taking by us.
  • The time and resources that individuals associated with the Advisor devote to us may be diverted, and we may face additional competition due to the fact that Guggenheim is not prohibited from raising money for or managing another entity that makes the same types of investments that we target.
  • The Advisor will experience conflicts of interest in connection with the management of our business affairs.
  • The Advisor may face conflicts of interest with respect to services performed for issuers in which we invest.
  • The Advisor has incentives to favor its other accounts and clients over us, which may result in conflicts of interest that could be harmful to us.
  • The Advisor is not restricted from entering into other investment advisory relationships; the Advisor’s actions on behalf of its other accounts and clients may be adverse to us and our investments.
  • Our Advisor will face restrictions on its use of inside information about existing or potential investments that it acquires through its relationships with other advisory clients, and those restrictions may limit the freedom of our Advisor to enter into or exit from investments for us, which could have an adverse effect on our results of operations.
  • We may be obligated to pay our Advisor incentive fees even if we incur a net loss due to a decline in the value of our portfolio and even if our earned interest income is not payable in cash.
  • Our incentive fee may induce our Advisor to make speculative investments.
  • Our ability to enter into transactions with our affiliates will be restricted.
  • We may make investments that could give rise to a conflict of interest.
  • The recommendations given to us by the Advisor may differ from those rendered to its other clients.
  • Our Advisor’s liability is limited under the Investment Advisory Agreement, and we are required to indemnify our Advisor against certain liabilities, which may lead our Advisor to act in a riskier manner on our behalf than it would when acting for its own account.
  • Our Advisor is party to a settlement agreement with the SEC and is subject to remedial sanctions and a cease-and-desist order.
  • RISKS GENERALLY RELATED TO BUSINESS DEVELOPMENT COMPANIES
  • The requirement that we invest a sufficient portion of our assets in qualifying assets could preclude us from investing in accordance with our current business strategy; conversely, the failure to invest a sufficient portion of our assets in qualifying assets could result in our failure to maintain our status as a BDC.
  • Failure to maintain our status as a BDC would reduce our operating flexibility.
  • Regulations governing our operation as a BDC and RIC will affect our ability to raise capital and the way in which we raise additional capital or borrow for investment purposes, which may have a negative effect on our growth. As a BDC, the necessity of raising additional capital may expose us to risks, including risks associated with leverage.
  • If we cannot obtain debt financing or equity capital on acceptable terms, our ability to acquire investments and to expand our operations will be adversely affected.
  • RISKS RELATED TO AN INVESTMENT IN OUR SHARES
  • Our Shares are not listed on a securities exchange and our shareholders have limited liquidity. In addition, the timing of our repurchase offers pursuant to our share repurchase program may be at a time that is disadvantageous to our shareholders, and to the extent our shareholders are able to sell their Shares under the share repurchase program, our shareholders may not be able to recover the amount of their investment in our Shares.
  • We may be unable to invest a significant portion of our investment capital on acceptable terms in an acceptable timeframe.
  • Your interest in us may be diluted if we issue additional Shares, which could reduce the overall value of an investment in us.
  • The liquidation of Feeder Funds could cause us to sell assets at a time when it is not advantageous to do so and could reduce our ability to take advantage of future investment opportunities.
  • If a Liquidity Event were to be in the form of listing of the Master Fund’s shares on a national securities exchange, the price at which the shares of the Master Fund trade from time to time may be below the Master Fund’s then current Net Asset value.
  • Liquidation Risk.
  • Preferred stock could be issued with rights and preferences that would adversely affect holders of our Shares.
  • Certain provisions of our Declaration of Trust and actions of the Board of Trustees could deter takeover attempts and have an adverse impact on the value of our Shares.
  • The net asset value of our Shares may fluctuate significantly.
  • FEDERAL INCOME TAX RISKS
  • We will be subject to corporate-level income tax if we are unable to maintain our qualification as a RIC under Subchapter M of the Code or if we make investments through taxable subsidiaries.
  • We may invest in certain debt and equity investments through taxable subsidiaries and the net taxable income of these taxable subsidiaries will be subject to federal and state corporate income taxes.
  • We may have difficulty paying our required distributions if we recognize income before or without receiving cash representing such income.
  • Portfolio investments held by us may present special tax issues.

Legal proceedings

As of March 28, 2025, neither we, nor our subsidiary, were subject to any material legal proceedings, nor, to our knowledge, is any material legal proceeding threatened against us or our subsidiary.

From time to time, we, our subsidiary, or Guggenheim may be a party to certain legal proceedings in the ordinary course of, or incidental to the normal course of, our business, including legal proceedings related to the enforcement of our rights under contracts with our portfolio companies. While legal proceedings, lawsuits, claims and regulatory proceedings are subject to many uncertainties and their ultimate outcomes are not predictable with assurance, the results of these proceedings are not expected to have a material adverse effect on our consolidated financial position or results of operations.

The opening of Item 3, Legal Proceedings.4

Sources

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