Carador Income Fund plc is a closed-ended limited liability investment company. The Company's investment objective is to produce attractive and stable returns with low volatility compared to equity markets, by investing in a diversified portfolio of Senior Notes of collateralized loan obligations (CLOs), collateralized by senior secured bank loans and equity and mezzanine tranches of CLOs. The Company invests in cash flow CLO transactions, managed by portfolio managers with proven track records. It seeks to achieve diversification across asset classes, geography, manager and maturity profile. Each CLO investment is collateralized by a diverse pool of fixed income assets, which may include senior secured bank loans; investment grade loans; project finance debt; asset-backed securities or other asset-backed obligations; mortgage-backed securities, and/or debt securities issued by other CLOs. GSO/Blackstone Debt Funds Management LLC is the investment manager of the Company.