Investor FAQs

Show all

In 1980, Congress created Business Development Companies (“BDCs”) to provide retail investors with the means to invest in the growth of private U.S. businesses. BDCs typically invest in small and medium-size companies in the United States, and are structured to hold debt (and, to a lesser extent, equity) investments and can invest across a company’s capital structure.

In order to qualify as a BDC, a company must be registered under Section 54 of the Investment Company Act of 1940. Among other restrictions, BDCs are required to maintain an asset coverage ratio of at least 200% in order to borrow or pay dividends and to meet specific asset diversification requirements. In addition, BDCs that are regulated investment companies for U.S. federal income tax purposes, such as CCT, are required to distribute at least 90% of investment company taxable income to shareholders in order to avoid corporate income tax on distributed taxable income.
CCT’s investment objective is to invest in the debt of privately owned companies. We aim to deliver current income and, to a lesser extent, long-term capital appreciation. CCT’s portfolio is well diversified by company, capital structure, and industry. Our unique relationship with KKR Credit and FS Investments allows our clients to participate in proprietary opportunities sourced by leading global alternative asset managers. Our investment process is rigorous, with each portfolio company undergoing deep fundamental due diligence. We are shareholder friendly, aligned with our borrowers and financial partners and remain committed to institutional best practices. Please visit the Our Portfolio page for more details on our investment objective and focus.
Our common stock is listed and traded on the NYSE under the symbol CCT. For more detailed stock information, please visit our Stock Information page.
No. Investors may purchase CCT shares only through a broker.
CCT’s CUSIP number for its common stock is 219880101.
Our fiscal year end is December 31st.
Our transfer agent is DST Systems, Inc. For more detailed transfer agent contact information, please visit our IR Contacts page.
Net asset value is calculated quarterly and can be obtained in our public filings (Forms 10-Q and 10-K) with the Securities and Exchange Commission. For access to these filings, please visit or visit our SEC Filings page.
Yes. CCT intends to distribute dividends or make distributions to shareholders of record on a quarterly basis. Further quarterly distributions, if any, will be determined by our board of directors. To view our historical dividends, please visit our Dividend History page.
Yes. Registered shareholders are automatically enrolled in the dividend reinvestment plan and any cash dividends we declare will be automatically reinvested in additional shares of our common stock.

Please note: if you hold your shares through a bank, broker or other intermediary, please contact your bank, broker or other intermediary to inquire about dividend reinvestment options. Registered shareholders can “opt-out” of the DRIP by providing 15 days notice to the plan administrator.
Dividends are generally taxable in the year in which they are declared by CCT. Following the end of each year we provide a Form 1099-DIV. DRIP participants are taxed on the dividends as if they had received cash. For information about taxes in respect of dividends received by you, you should consult your own tax advisor.
Please visit our Analyst Coverage page to view a detailed list of the analysts who follow the company.
Deloitte & Touche LLP is the independent public accounting firm responsible for auditing CCT.
You can request information via our Contact Us page.
Yes. Please visit our Email Alerts page to sign up for email alerts.