Are you concerned about your investment losses with Carey Credit Income Fund 2016 T? If so, The White Law Group may be able to help by filing a FINRA Dispute resolution claim against the broker who sold you the investment.
Carey Credit Income Fund (CCIF) is a non-traded business development company (BDC) managed by affiliates of W. P. Carey and Guggenheim Partners, LLC that seeks to provide investors of its feeder funds with current income, capital preservation and, to a lesser extent, capital appreciation.
On November 29, 2016, Carey Credit Income Fund 2016 T increased its public offering price, in accordance with its share pricing policy, to $9.85 per share from $9.80 per share. The increase in the offering price is effective as of December 1, 2016.
A Business Development Company (“BDC”) is an investment company that invests in small and mid-sized businesses. Investors can buy shares in a BDC, and the money from their investments are used to fund the businesses. In turn, investors can profit from dividends paid on their investments, or, in some cases, the sale of their shares. For an in depth look at BDCs, go here.
Like all investments, BDCs do not come without risks. Limited liquidity, distributions that may not be guaranteed in frequency or amount, and limited operating history are just a few risks that investors take on when investing in a BDC.
Business Development Companies can be a good investment for the right investor, along with a diversified portfolio and sufficient due diligence. BDCs should only be recommended to those investors who are able to both weather substantial losses and those who are not in need of immediate liquidity. Investors should be particularly cautious of riskier non-public and non-traded BDCs.
If you invested in Carey Credit Income Fund 2016 T and would like a free consultation with a securities attorney, please call The White Law Group at 888-637-5510.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Franklin, Tennessee. For more information on the firm and its representation of investors, visit https://whitesecuritieslaw.com.
Tags: Carey Credit Income Fund 2016 T BDC, Carey Credit Income Fund 2016 T complaints, Carey Credit Income Fund 2016 T history, Carey Credit Income Fund 2016 T home, Carey Credit Income Fund 2016 T investigation, Carey Credit Income Fund 2016 T K1, Carey Credit Income Fund 2016 T lawsuit, Carey Credit Income Fund 2016 T liquidation, Carey Credit Income Fund 2016 T losses, Carey Credit Income Fund 2016 T news, Carey Credit Income Fund 2016 T price, Carey Credit Income Fund 2016 T recovery options, Carey Credit Income Fund 2016 T sell, Carey Credit Income Fund 2016 T value, Carey Credit Income Fund 2016 T yield Last modified: December 8, 2022
