Carlyle Tactical Private Credit Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.3%
1 yr return
4.7%
3 Yr Avg Return
8.3%
5 Yr Avg Return
6.3%
Net Assets
$4.78 B
Holdings in Top 10
12.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 5.18%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 31.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$10,000
IRA
$10,000
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TAKMX - Profile
Distributions
- YTD Total Return 1.3%
- 3 Yr Annualized Total Return 8.3%
- 5 Yr Annualized Total Return 6.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 5.89%
- Dividend Yield 7.1%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameCarlyle Tactical Private Credit Fund
-
Fund Family NameCarlyle Group
-
Inception DateAug 03, 2020
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerLinda Pace
Fund Description
TAKMX - Performance
Return Ranking - Trailing
| Period | TAKMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.3% | -7.0% | 6.4% | 35.42% |
| 1 Yr | 4.7% | -11.7% | 19.2% | 80.45% |
| 3 Yr | 8.3%* | -6.0% | 14.9% | 15.54% |
| 5 Yr | 6.3%* | -8.0% | 12.2% | 4.20% |
| 10 Yr | N/A* | -1.0% | 11.3% | N/A |
* Annualized
Return Ranking - Calendar
| Period | TAKMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | -2.6% | -21.9% | 12.9% | 94.25% |
| 2024 | 0.2% | -17.6% | 5.4% | 54.63% |
| 2023 | 3.0% | -12.0% | 8.9% | 41.85% |
| 2022 | -8.7% | -31.8% | 18.4% | 24.75% |
| 2021 | 3.7% | -16.2% | 25.7% | 3.23% |
Total Return Ranking - Trailing
| Period | TAKMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.3% | -7.0% | 6.4% | 35.42% |
| 1 Yr | 4.7% | -11.7% | 19.2% | 80.45% |
| 3 Yr | 8.3%* | -6.0% | 14.9% | 15.54% |
| 5 Yr | 6.3%* | -8.0% | 12.2% | 4.20% |
| 10 Yr | N/A* | -1.0% | 11.3% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | TAKMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 8.1% | -9.2% | 20.9% | 50.16% |
| 2024 | 12.6% | -11.7% | 18.6% | 4.95% |
| 2023 | 16.2% | -6.5% | 22.2% | 2.08% |
| 2022 | -2.4% | -23.0% | 21.1% | 14.26% |
| 2021 | 8.7% | -7.8% | 49.9% | 7.98% |
NAV & Total Return History
TAKMX - Holdings
Concentration Analysis
| TAKMX | Category Low | Category High | TAKMX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.78 B | 2.65 M | 226 B | 17.27% |
| Number of Holdings | 1250 | 4 | 10796 | 22.10% |
| Net Assets in Top 10 | 604 M | -204 M | 91.6 B | 34.03% |
| Weighting of Top 10 | 12.64% | 5.1% | 105.1% | 83.09% |
Top 10 Holdings
- STIF 1.77%
- Vensure Employer Services Inc 2024 Term Loan 1.52%
- YOUR.WORLD HOLDCO B.V. 1.33%
- Deerfield Dakota Holding LLC 2025 Term Loan 1.24%
- SANTIAGO HOLDINGS LP 1.23%
- Nader Upside 2 Sarl EUR PIK Term Loan B 1.22%
- Rome Bidco Limited GBP Term Loan 1.13%
- ARGENBRIGHT HOLDINGS V LLC 2025 PIK TERM LOAN 1.13%
- Orifarm Holding A/S EUR PIK Term Loan 1.04%
- Excelitas Technologies Corp 2022 USD Term Loan 1.04%
Asset Allocation
| Weighting | Return Low | Return High | TAKMX % Rank | |
|---|---|---|---|---|
| Bonds | 137.30% | -5.04% | 180.51% | 5.48% |
| Preferred Stocks | 5.05% | 0.00% | 12.59% | 4.35% |
| Other | 4.93% | -37.46% | 104.06% | 47.58% |
| Cash | 1.84% | -94.66% | 98.41% | 70.48% |
| Stocks | 0.09% | -7.68% | 100.00% | 60.97% |
| Convertible Bonds | 0.00% | 0.00% | 33.50% | N/A |
Stock Sector Breakdown
| Weighting | Return Low | Return High | TAKMX % Rank | |
|---|---|---|---|---|
| Utilities | 0.00% | 0.00% | 100.00% | N/A |
| Technology | 0.00% | 0.00% | 28.30% | N/A |
| Real Estate | 0.00% | 0.00% | 100.00% | N/A |
| Industrials | 0.00% | 0.00% | 100.00% | N/A |
| Healthcare | 0.00% | 0.00% | 18.60% | N/A |
| Financial Services | 0.00% | 0.00% | 100.00% | N/A |
| Energy | 0.00% | 0.00% | 100.00% | N/A |
| Communication Services | 0.00% | 0.00% | 100.00% | N/A |
| Consumer Defense | 0.00% | 0.00% | 99.97% | N/A |
| Consumer Cyclical | 0.00% | 0.00% | 33.03% | N/A |
| Basic Materials | 0.00% | 0.00% | 47.39% | N/A |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | TAKMX % Rank | |
|---|---|---|---|---|
| US | 0.09% | -7.68% | 100.00% | 55.97% |
| Non US | 0.00% | -0.02% | 23.24% | 31.94% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | TAKMX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 1.84% | 0.00% | 98.41% | 64.40% |
| Securitized | 0.00% | 0.00% | 99.65% | N/A |
| Corporate | 0.00% | 0.00% | 96.66% | N/A |
| Municipal | 0.00% | 0.00% | 54.26% | N/A |
| Government | 0.00% | 0.00% | 99.43% | N/A |
| Derivative | -1.17% | -29.08% | 11.34% | 98.06% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | TAKMX % Rank | |
|---|---|---|---|---|
| US | 108.06% | -5.04% | 162.24% | 7.90% |
| Non US | 29.24% | 0.00% | 67.48% | 11.61% |
TAKMX - Expenses
Operational Fees
| TAKMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 5.18% | 0.14% | 9.86% | 0.80% |
| Management Fee | 1.29% | 0.00% | 2.29% | 93.45% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.70% | N/A |
Sales Fees
| TAKMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.50% | N/A |
Trading Fees
| TAKMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| TAKMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 31.00% | 0.00% | 632.00% | 6.45% |
TAKMX - Distributions
Dividend Yield Analysis
| TAKMX | Category Low | Category High | TAKMX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 7.11% | 0.00% | 23.30% | 9.25% |
Dividend Distribution Analysis
| TAKMX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annually | Monthly | Monthly |
Net Income Ratio Analysis
| TAKMX | Category Low | Category High | TAKMX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 5.89% | -1.55% | 11.51% | 8.85% |
Capital Gain Distribution Analysis
| TAKMX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Apr 30, 2026 | $0.048 | OrdinaryDividend |
| Mar 31, 2026 | $0.152 | OrdinaryDividend |
| Dec 31, 2025 | $0.161 | OrdinaryDividend |
| Sep 30, 2025 | $0.173 | OrdinaryDividend |
| Jun 30, 2025 | $0.176 | OrdinaryDividend |
| Mar 31, 2025 | $0.175 | OrdinaryDividend |
| Dec 31, 2024 | $0.198 | OrdinaryDividend |
| Sep 30, 2024 | $0.198 | OrdinaryDividend |
| Jun 28, 2024 | $0.200 | OrdinaryDividend |
| Mar 28, 2024 | $0.207 | OrdinaryDividend |
| Dec 29, 2023 | $0.205 | OrdinaryDividend |
| Sep 29, 2023 | $0.213 | OrdinaryDividend |
| Jun 30, 2023 | $0.204 | OrdinaryDividend |
| Mar 31, 2023 | $0.209 | OrdinaryDividend |
| Jan 03, 2023 | $0.196 | OrdinaryDividend |
| Oct 03, 2022 | $0.166 | OrdinaryDividend |
| Jul 04, 2022 | $0.133 | OrdinaryDividend |
| Apr 01, 2022 | $0.140 | OrdinaryDividend |
| Jan 03, 2022 | $0.149 | OrdinaryDividend |
| Oct 01, 2021 | $0.144 | OrdinaryDividend |
| Jul 01, 2021 | $0.143 | OrdinaryDividend |
| Apr 02, 2021 | $0.142 | OrdinaryDividend |
TAKMX - Fund Manager Analysis
Managers
Linda Pace
Start Date
Tenure
Tenure Rank
May 15, 2020
2.04
2.0%
Linda Pace is a Managing Director of Carlyle and the Global Head of Loans & Structured Credit as well as the President of Direct Lending. She is a voting member of the PAAC. Previously, she was responsible for portfolio management for Carlyle High Yield Partners, deploying capital into the U.S. market in cash and synthetic form. Prior to joining Carlyle, Ms. Pace spent 10 years with BHF-Bank AG, where she was co-head of the bank’s Syndicated Loan group in New York. She invested in leveraged loans on behalf of the bank’s $2 billion on-balance sheet portfolio, as well as their $400 million Collateralized Loan Obligation funds. Prior to that, Ms. Pace worked at Société Générale as a Corporate Credit Analyst. Ms. Pace received her undergraduate degree in French from Douglass College and her M.B.A in finance from New York University.
Brian Marcus
Start Date
Tenure
Tenure Rank
May 15, 2020
2.04
2.0%
Brian Marcus is a Principal in Carlyle Global Credit. He is based in New York. Mr. Marcus is a Portfolio Manager for the Fund and also focuses on strategic growth opportunities for the Global Credit platform. He helped develop TCG Capital Markets, a SEC-registered broker/dealer affiliate of The Carlyle Group and has been involved in acquisitions of credit management platforms. Prior to coming to Carlyle, Mr. Marcus was with Morgan Stanley in the Principal Investments area, which used the firm’s capital in a diverse array of investments including private equity, distressed debt, and mezzanine. In this role, Mr. Marcus served as a director on a number of Boards. Previously, Mr. Marcus worked at Lehman Brothers in the mergers and acquisitions group. He received a B.S. in economics from the Wharton School of the University of Pennsylvania and currently holds Series 7, 55, and 63 licenses.
Justin Plouffe
Start Date
Tenure
Tenure Rank
May 15, 2020
2.04
2.0%
Justin Plouffe is a Managing Director and the Deputy Chief Investment Officer of Carlyle Global Credit. He is a Director of the Adviser and a voting member of the PAAC. Mr. Plouffe focuses on investing in Carlyle’s structured credit and opportunistic credit strategies, as well as capital formation and management of the overall credit platform. Since joining Carlyle in 2007, he has overseen CLO new issuance, led acquisitions of corporate credit management platforms, served as a portfolio manager for structured credit investments, developed proprietary portfolio management analytics and negotiated a wide variety of financing facilities. Prior to joining Carlyle, Mr. Plouffe was an attorney at Ropes & Gray LLP. He has also served as a clerk on the U.S. Court of Appeals for the First Circuit and as a legislative assistant to a U.S. Congressman. Mr. Plouffe received his undergraduate degree from Princeton University and his J.D. from Columbia Law School, where he was an editor of The Columbia Law Review. He is a CFA charterholder, holds Series 7, 24, 57, 63, 79 and 99 licenses, and is associated with TCG Capital Markets L.L.C., the SEC-registered broker/dealer affiliate of The Carlyle Group.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.02 | 28.19 | 5.66 | 3.19 |