TAKNX Disposes $10.13M of Corebridge Preferred Shares

What Happened

• Carlyle Tactical Private Credit Fund (TAKNX) reported a disposition on 2026-09-09: 400,000 shares of Corebridge Financial, Inc. Series D Mandatory Redeemable Preferred Shares were disposed at $25.33 per share for total proceeds of $10,132,600. The filing notes the securities were redeemed by the issuer at liquidation value ($25.00) plus accrued interest (see footnote F1), indicating an issuer redemption rather than an open-market sale.

Key Details

• Transaction date and price: 2026-09-09 at $25.33 per share (total $10,132,600).
• Transaction code: J — "other acquisition or disposition" (here, redemption by issuer).
• Shares owned after transaction: not specified in the filing.
• Relevant footnotes: F1 explains redemption price = $25.00 + accrued interest; F2–F4 note the reported securities were held directly by Corebridge subsidiaries (American General Life Insurance Company and The Variable Annuity Life Insurance Company) prior to/at the time of the redemption.
• Filing type/authority: Filed pursuant to Section 30(h) of the Investment Company Act of 1940 — this is an institutional/fund filing, not an individual executive trade.
• Timeliness: Form filed 2026-09-11 for a 2026-09-09 transaction (appears filed within the normal short reporting window).

Context

• This was an issuer-initiated redemption of mandatory redeemable preferred shares, which returns capital to holders; it is not the same as a fund manager selling shares in the market and does not by itself signal insider sentiment about Corebridge common stock. For retail investors, purchases by insiders can be more informative of confidence; redemptions generally reflect contract terms between issuer and preferred holders.