MA Credit Income Trust (MA1) $1.75
MA1 -3.58%: In an update to the market today, MA1 has reported a noteworthy dip in monthly income which requires some explanation for those interested in the private credit /lending space. MA1 returned 0.39% for October, against a target of 0.75%. The monthly distribution is usually 0.67– 0.73% equating to around 8.5% annually. It’s not a big change, but worth unpacking. It could either be a one off, or the start of something more meaningful + it’s worthwhile to explain in the context of broader concerns around private credit.