Title: 242660333.pdf URL Source: https://documentscdn.financialexpress.net/Literature/BC8D15FBC69DC786501387047DF08B53/242660333.pdf Number of Pages: 5 Markdown Content: Dividend schedule Period Amount GBp 2019 3.74 2020 4.28 2021 4.04 2022 5.35 2023 7.96 2024 8.53 2025 7.62 2026 Q1 1.73 # Key information Portfolio manager Adam English Deputy portfolio managers Robert Whitten and Yiu-Wai Cheung ISIN number GB00BFYYL325 TIDM code MGCI Market capitalisation £181.91 m Number of holdings 141 Dividend dates Quarterly: Feb, May, Aug and Nov Portfolio manager tenure from 14 November 2018 Launch date 14 November 2018 Yield to maturity 7.03% Modified duration 1.10 Spread duration 3.00 Weighted Average Life 3.27 Gearing 0.00% # Charges Annual management charge 0.70% Ongoing Charges Figure (OCF) 1.20% Please see the glossary for an explanation of terms used. ## Marketing Communication # M&G Credit Income Investment Trust # Factsheet as at 30 April 202 6 # Risks associated with the company The value of investments will fluctuate, which will cause share prices to fall as well as rise and you may not get back the original amount you invested. There is no guarantee that the Company ’s Investment Objective will be achieved. The Company may be exposed to the possibility that a debtor will not meet its repayment obligations. Changes in interest rates may adversely affect the market value of some of the Company ’sinvestments. Debt Instruments may be repaid by issuers at short notice: as a result it may be difficult for the Company to reinvest capital at an attractive price or at all, which may affect it adversely. A variety of factors, such as market conditions, liquidity concerns or Company performance may lead to a reduction in trading volume or shares trading at a discount to their net asset value. Shareholders may also be unable to realise their investment at quoted market prices or at all. Please note that this is not an exhaustive list. Please refer to the Risk section in the Prospectus. # Company description The Company aims to generate a regular and attractive level of income with low asset value volatility by investing in a diversified portfolio of public and private debt and debt-like instruments (‘Debt Instruments’), of which at least 70% will be investment grade. Over the longer term, it is expected that the Company will be mainly invested in private Debt Instruments, which are those instruments not traded on a stock exchange. The Company currently pays four, quarterly interim dividends at an annual rate of SONIA +4%, calculated by reference to the adjusted opening NAV on the first day of each calendar year. The Company has the ability to borrow up to 30% of net asset value although it is expected that it will primarily be managed without borrowing and typically any borrowings will not exceed 20% of net asset value. Any borrowings may magnify any gains or losses made by the Company. Portfolio overview (%) Trust Cash on deposit 1.80 Public 49.77 Asset backed securities 11.96 Bonds 16.51 Funds 21.31 Private 48.51 Asset backed securities 2.37 Bonds 1.33 Funds 13.26 Loans 18.13 Private Placements 1.19 Other 12.12 Subordinated Debt 0.08 Equity 0.01 Derivatives (0.08) Debt derivatives 0.07 Forwards (0.15) Due to rounding, percentage figures displayed in the Factsheet may not add up to exactly 100%. The value of investments will fluctuate, which will cause prices to fall as well as rise and investors may not get back the original amount invested. Past performance is not a guide to future performance. The views expressed in this document should not be taken as a recommendation, advice or forecast. 2 Sector breakdown (%) Trust Funds 34.57 ABS (Assorted) 13.19 Banking 7.62 Real Estate Dev and Mgt 6.72 Non-Agency CMBS 6.35 Investments and Misc Financial Services 3.37 Transport Infrastructure/Services 2.12 Mortgage Backed 2.02 Cash on Deposit 1.80 Life-Insurance 1.75 ABS Automobiles 1.53 Diversified Capital Goods 1.46 Cons/Comm/Lease Financing 1.33 Telecom - Wireless 1.32 Support-Services 1.30 Integrated Energy 1.14 Packaging 1.07 Auto Loans 1.02 Electric - Generation 0.99 Multi-Line Insurance 0.92 Steel Producers/Products 0.83 Pfd-Transport Infrastructure/Services 0.78 REITs 0.77 Restaurants 0.67 Hotels 0.63 Building and Construction 0.62 Food - Wholesale 0.62 ABS Credit Cards 0.62 Telecom - Wireline Integrated and Services 0.54 Machinery 0.52 Pharmaceuticals 0.51 Software/Services 0.36 Media Content 0.30 Automakers 0.24 Chemicals 0.22 Specialty Retail 0.15 ABS Utilities 0.14 Debt Derivatives 0.07 Forwards (0.15) Source: All data contained within the Factsheet is sourced from the Company administrator, State Street as at 30 April 2026. Share price vs NAV As at NAV p/s (cum income) Share price 30 April 2026 90.50 88.50 Source: M&G and State Street as at 30 April 2026. Total Return NAV total return (%, p.a.)** YTD 1 year 2 years 3 years 5 years Since Inception*** M&G Credit Income Investment Trust 0.86% 0.83% 2.08% 1.28% 5.87% 6.26% 7.6 4% 5.0 9% 5.01% Benchmark* 0.62% 1.85% 3.80% 2.51% 8.09% 8.66% 8.9 3% 7.52% 6.29% Past performance is not a guide to future performance. Geographical exposure % Source: Morningstar Inc, State Street and M&G, as at 3 0 April 202 6. Returns stated in GBP terms. *3 Month Libor +2.5% from inception to 31/12/2019, 3 Month Libor +4% from 1st January 2020 to December 2021, thereafter SONIA +4%. **The total return calculation assumes that dividends paid to shareholders are reinvested at NAV at the time the shares are quoted ex-dividend. ***Trust inception 14 November 2018. Calendar year NAV total return (%, p.a.)** 2024 2022 2021 M&G Credit Income Investment Trust 4.25% Benchmark* -1.74% 5.47% 4.09% 2025 6.21% 8.4 3% 2023 10.42% 8.96% 8.0 6%9. 48 % 2020 3.75% 4.32% 20 19 6.04 % 3.34 % The portfolio is actively managed. The Portfolio Manager has complete freedom in choosing which investments to buy, hold and sell in the Trust. Europe United Kingdom United States Asia-Pacific Global 51% 41% 7% 1 month 3 months 6 months 3 Credit rating breakdown (%) Trust Unrated 0.00 Equity 0.01 Subordinated Debt 0.08 Derivatives -0.08 Cash and Investment grade 78.06 Cash on Deposit 1.80 AAA 3.31 AA 22.01 AA- 0.46 A+ 1.19 A 2.20 A- 3.41 BBB+ 8.03 BBB 11.97 BBB- 13.33 M&G European Loan Fund* 10.35 Non-investment grade 21.94 BB+ 2.91 BB 3.76 BB- 2.96 B+ 2.29 B 5.58 B- 0.52 CCC+ 0.53 CCC 0.28 CC 0.15 D 0.06 *See glossary Top 20 holdings (%) Trust M&G Investment Grade ABS Fund 18.00 M&G European Loan Fund (Prvt) 13.26 M&G Senior Asset Backed Credit Fund 3.31 Delamare Finance 1.3066% 19 Feb 2029 2.43 Cash on Deposit 1.80 ICSL 2 B RegS 1.49 SALIS 2019-1 A RegS (Prvt) 1.46 Serenissima SPV 5.625% 06/36 (Prvt) 1.32 SALIS 2022-1 A RegS (Prvt) 1.19 FFRESH 8.369 10/04/58 1.12 Aries 7 Mezz (Prvt) 1.03 Ford Motor 6.184% 31/8/29 1.02 Project Energy from Waste UK (Prvt) 0.99 Signet GBP Stretch Term Loan (Prvt) 0.96 ICSL 1 B RegS 0.96 Romeo & Juliet EUR Term Loan (Prvt) 0.91 BSAM 1 1 RegS 0.90 Centreparcs 6.136% 28/08/31 0.86 ATLAS 2020 1 Trust AUD Note A2 (Prvt) 0.85 Vallourec 7.5% 15/04/2032 0.83 (Prvt) – Private Investment M&G European Fund* 2.92 4 # Glossary This glossary provides an explanation of terms used in this factsheet and in our literature. Asset Anything having commercial or exchange value that is owned by a business, institution or individual. Asset Backed Security (ABS) A security whose income payments and value are derived from and collateralized by a specified pool of underlying assets. Asset class Category of assets, such as cash, company shares, fixed income securities and their sub-categories, as well as tangible assets such as real estate. Basis points (bps) A common unit of measure for interest rates and other percentages in finance. One basis point is equal to 1/100th of 1%, or 0.01%, or 0.0001, and is used to denote the percentage change in a financial instrument. Bond A loan in the form of a security, usually issued by a government or company, which normally pays a fixed rate of interest over a given time period, at the end of which the initial amount borrowed is repaid. Capital Refers to the financial assets, or resources, that a company has to fund its business operations. Capitalisation The total market value of all of a company ’s outstanding shares. CLO (Collateralised loan obligation) Actively managed investment vehicle which issues rated tranches of debt from AAA-B and an unrated equity tranche. Underlying assets are predominantly made up of leveraged loans and high yield bonds. Comparative sector A group of funds with similar investment objectives and/or types of investment, as classified by bodies such as the Investment Association (IA) or Morningstar ™. Sector definitions are mostly based on the main assets a fund should invest in, and may also have a geographic focus. Sectors can be the basis for comparing the different characteristics of similar funds, such as their performance or charging structure. Consumer Prices Index (CPI) An index used to measure inflation, which is the rate of change in prices for a basket of goods and services. The contents of the basket are meant to be representative of products and services we typically spend our money on. Corporate bonds Fixed income securities issued by a company. They are also known as bonds and can offer higher interest payments than bonds issued by governments as they are often considered more risky. Credit The borrowing capacity of an individual, company or government. More narrowly, the term is often used as a synonym for fixed income securities issued by companies. Credit Default Swaps (CDS) Are a type of derivative, namely financial instruments whose value, and price, are dependent on one or more underlying assets. CDS are insurance-like contracts that allow investors to transfer the risk of a fixed income security defaulting to another investor. Credit rating An independent assessment of a borrower ’s ability to repay its debts. A high rating indicates that the credit rating agency considers the issuer to be at low risk of default; likewise, a low rating indicates high risk of default. Standard & Poor ’s, Fitch and Moody ’s are the three most prominent credit rating agencies. Default means that a company or government is unable to meet interest payments or repay the initial investment amount at the end of security ’s life. Credit spread The difference between the yield of a corporate bond, a fixed income security issued by a company, and a government bond of the same life span. Yield refers to the income received from an investment and is expressed as a percentage of the investment ’s current market value, and a bond is a fixed income security. Default When a borrower does not maintain interest payments or repay the amount borrowed when due. Derivatives Financial instruments whose value, and price, are dependent on one or more underlying assets. Derivatives can be used to gain exposure to, or to help protect against, expected changes in the value of the underlying investments. Derivatives may be traded on a regulated exchange or traded over the counter. Developed economy / market Well-established economies with a high degree of industrialisation, standard of living and security. Dividend Dividends represent a share in the profits of the company and are paid out to a company ’sshareholders at set times of the year. ECB (European Central Bank) Central bank of the 19 European Union countries which have adopted the euro. # Glossary This glossary provides an explanation of terms used in this factsheet and in our literature. Emerging economy or market Economies in the process of rapid growth and increasing industrialisation. Investments in emerging markets are generally considered to be riskier than those in developed markets. Episode A phase during which investors allow their emotions to affect their decision making, which can cause financial markets to move irrationally. Equities Shares of ownership in a company. Ex-dividend, ex-distribution or XD date The date on which declared distributions officially belong to underlying investors. Exposure The proportion of a fund invested in a particular share/fixed income security, sector/region, usually expressed as a percentage of the overall portfolio. Fixed income security A loan in the form of a security, usually issued by a government or company, which normally pays a fixed rate of interest over a given time period, at the end of which the initial amount borrowed is repaid. Floating rate notes (FRNs) Securities whose interest (income) payments are periodically adjusted depending on the change in a reference interest rate. Gearing Is a measure of financial leverage that demonstrates the degree to which the Investment Trust ’soperations are funded by equity capital versus creditor financing. Gilts Fixed income securities issued by the UK government. Government bonds Fixed income securities issued by governments, that normally pay a fixed rate of interest over a given time period, at the end of which the initial investment is repaid. Hard currency (bonds) Refers to bonds denominated in a highly traded, relatively stable international currency, rather than in the bond issuer ’s local currency. Bonds issued in a more stable hard currency, such as the US dollar, can be more attractive to investors where there are concerns that the local currency could lose value over time, eroding the value of bonds and their income. Hedging A method of reducing unnecessary or unintended risk. High yield bonds Fixed income securities issued by companies with a low credit rating from a recognised credit rating agency. They are considered to be at higher risk of default than better quality, ie higher-rated fixed income securities but have the potential for higher rewards. Default means that a company or government is unable to meet interest payments or repay the initial investment amount at the end of security ’s life. Index An index represents a particular market or a portion of it, serving as a performance indicator for that market. Index-linked bonds Fixed income securities where both the value of the loan and the interest payments are adjusted in line with inflation over the life of the security. Also referred to as inflation-linked bonds. Inflation The rate of increase in the cost of living. Inflation is usually quoted as an annual percentage, comparing the average price this month with the same month a year earlier. Investment Association (IA) The UK trade body that represents fund managers. It works with investment managers, liaising with government on matters of taxation and regulation, and also aims to help investors understand the industry and the investment options available to them. Investment grade bonds Fixed income securities issued by a company with a medium or high credit rating from a recognised credit rating agency. They are considered to be at lower risk from default than those issued by companies with lower credit ratings. Default means that a company or government is unable to meet interest payments or repay the initial investment amount at the end of a security ’s life. Investment trust An investment trust is a form of collective investment found mostly in the United Kingdom. Investment trusts are closed-end funds and are constituted as public limited companies. Issuer An entity that sells securities, such as fixed income securities and company shares. Leverage When referring to a company, leverage is the level of a company ’s debt in relation to its assets. A company with significantly more debt than capital is considered to be leveraged. It can also refer to a fund that borrows money or uses derivatives to magnify an investment position. 5 # Contacts mandgcredit@linkgroup.co.uk www.mandg.co.uk/CreditIncomeInvestmentTrust LIBOR The three-month GBP London Interbank Borrowing Rate is the rate at which banks borrow money from each other (in UK pounds) for a three-month period. Liquidity A company is considered highly liquid if it has plenty of cash at its disposal. A company's shares are considered highly liquid if they can be easily bought or sold since large amounts are regularly traded. Local currency (bonds) Refers to bonds denominated in the currency of the issuer ’s country, rather than in a highly traded international currency, such as the US dollar. The value of local currency bonds tends to fluctuate more than bonds issued in a hard currency, as these currencies tend to be less stable. Long position Refers to ownership of a security held in the expectation that the security will rise in value. M&G European Loan Fund (” ELF ”) An open-ended fund managed by M&G that invests in leveraged loans issued by, generally, substantial private companies located in the UK and Continental Europe. ELF is not rated and the Investment Manager has determined an implied rating for this investment, utilising rating methodologies typically attributable to collateralised loan obligations. On this basis, 78% of the Company ’s investment in ELF has been ascribed as being investment grade, and 22% has been ascribed as being sub-investment grade. These percentages have been utilised on a consistent basis for the purposes of determination of the Company ’s adherence to its obligation to hold no more than 30% of its assets in below investment grade securities. Macroeconomic Refers to the performance and behaviour of an economy at the regional or national level. Macroeconomic factors such as economic output, unemployment, inflation and investment are key indicators of economic performance. Sometimes abbreviated to ‘macro ’. Maturity The length of time until the initial investment amount of a fixed income security is due to be repaid to the holder of the security. Modified duration A measure of the sensitivity of a fixed income security, also called a bond, or bond fund to changes in interest rates. The higher a bond or bond fund ’s modified duration, the more sensitive it is to interest rate movements. Monetary policy A central bank ’s regulation of money in circulation and interest rates. Morningstar ™ A provider of independent investment research, including performance statistics and independent fund ratings. NAV Total Return A measure showing how the net asset value (NAV) per share has performed over a period of time, taking into account both capital returns and dividends paid to shareholders. NAV total return is expressed as a percentage change from the start of the period. It assumes that dividends paid to shareholders are reinvested at NAV at the time the shares are quoted ex-dividend. NAV total return shows performance which is not affected by movements in share price discounts and premiums. It also takes into account the fact that different investment companies pay out different levels of dividends. Near cash Deposits or investments with similar characteristics to cash. Net The proportion of a fund invested in, for example, different sectors. Derivatives are included. The latter are financial instruments whose value, and price, are dependent on one or more underlying assets. Net Asset Value (NAV) A fund ’s net asset value is calculated by taking the current value of the fund ’s assets and subtracting its liabilities. Non-Executive Director (NED) A non-executive director is a member of a company ’s board of directors who is not part of the executive team. A non-executive director typically does not engage in the day-to-day management of the organization, but is involved in policymaking and planning exercises. Ongoing Charges Figure (OCF) Ongoing charges figure (as a percentage of shareholders ’ funds) is an annualised rate calculated using average net assets over the period in accordance with the AIC ’s recommended methodology. Options Financial contracts that offer the right, but not the obligation, to buy or sell an asset at a given price on or before a given date in the future. Overweight If a fund is ‘overweight ’ a stock, it holds a larger proportion of that stock than the comparable index or sector. Payment date The date on which distributions will be paid by the fund to investors, usually the last business day of the month. Physical The fund ’s exposure excluding derivatives, which are financial instruments whose value, and price, is dependent on one or more underlying securities. Private Refers to assets that are not listed or traded on a recognized exchange. Public Refers to assets that are listed on and can be traded on a recognized exchange. REIT (Real Estate Investment Trust) A REIT is a company that owns, operates or finances income-producing real estate. Retail Prices Index (RPI) A UK inflation index that measures the rate of change of prices for a basket of goods and services in the UK, including mortgage payments and council tax. Securitise/Securitisation The creation and issuance of tradable securities, such as bonds, that are backed by the income generated by an illiquid asset or group of assets. By pooling a collection of illiquid assets, such as mortgages, securities backed by the mortgages ’ income payments can be packaged and sold to a wider range of investors. Share price total return Total return to shareholders, assuming all dividends received were reinvested at the mid-market price without transaction costs into the shares of the Company at the time the shares were quoted ex-dividend. Short position A way for a fund manager to express his or her view that the market might fall in value. Short-dated corporate bonds Fixed income securities issued by companies and repaid over relatively short periods. Short-dated government bonds Fixed income securities issued by governments and repaid over relatively short periods. SONIA (Sterling overnight index average) Aninterest rate index administered by the Bank of England and based on actual transactions. It reflects the average interest rate that banks pay to borrow sterling overnight from other banks and institutional investors. Spread duration A measure of the portfolio ’s sensitivity to changes in credit spreads. The higher a bond or bond fund ’s spread duration, the more sensitive it is to changes in credit spreads. Sub-investment grade bonds Fixed income securities issued by a company with a low rating from a recognised credit rating agency. They are considered to be at higher risk from default than those issued by companies with higher credit ratings. Default means that a company or government is unable to meet interest payments or repay the initial investment amount at the end of a security's life. Swap A swap is a derivative contract where two parties agree to exchange separate streams of cashflows. A common type of swap is an interest rate swap to hedge against interest rate risk. Synthetic inflation-linked bonds Refers to securities created using a combination of assets to simulate the characteristics of inflation-linked bonds. By buying inflation-linked government bonds and selling protection against companies defaulting on their debts, using credit default swaps, the combined synthetic investment will behave similarly to a physical inflation-linked bond, had one had been issued. Synthetic inflation-linked bonds are usually created where a company does not have any inflation-linked bonds in issue. Total return The term for the gain or loss derived from an investment over a particular period. Total return includes income (in the form of interest or dividend payments) and capital gains. Valuation The worth of an asset or company based on its current price. Volatility The degree to which a given security, fund, or index rapidly changes. It is calculated as the degree of deviation from the norm for that type of investment over a given time period. The higher the volatility, the riskier the security tends to be. Weighted Average Life (WAL) The asset-weighted average number of years to final maturity of the portfolio, based on the final maturity for all assets/exposures. Yield This refers to either the interest received from a fixed income security or to the dividends received from a share. It is usually expressed as a percentage based on the investment's costs, its current market value or its face value. Dividends represent a share in the profits of a company and are paid out to the company ’s shareholders at set times of the year. Yield to maturity The total return anticipated on the portfolio if the underlying bonds are held until maturity. This financial promotion is issued by M&G Alternatives Investment Management Limited which is authorised and regulated by the Financial Conduct Authority. This communication is only intended for and will be only distributed to persons resident in jurisdictions where such distribution or availability would not be contrary to local laws or regulations. The registered office and principal place of business of the Company is Link Company Matter Limited, Central Square,29 Wellington Street, Leeds, England, LS1 4DL. The Company was incorporated with the name M&G Credit Income Investment Trust plc in England and Wales on 17 July 2018 with registered number 11469317. APR 2 6/6 3928