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About the
Alternative Credit
Income Fund.

Positioning your fixed-income portfolio late in the business cycle requires an adaptive, comprehensive strategy that maneuvers through today’s headwinds. Discover a differentiated way to invest through a closed-end interval fund: the Alternative Credit Income Fund (the “Fund”).

Fund Facts

Features

  • Quarterly liquidity*
  • Suitable for fee-based business
  • Transparent pricing and holdings data
  • Active, in-house portfolio management

Facts

Asset Class: Credit

Structure: Registered 1940 Act interval fund

Fund Inception Date: 4/17/2015

 

Minimum investment:

Non-qualified: $2,500, Qualified: $1,000

*No less than 5% of the shares outstanding will be made available for quarterly redemptions. Regardless of how the Fund performs, there is no guarantee that shareholders will be able to sell all of the shares they desire in a quarterly repurchase offer.
Daily Fund
Distribution*
Quarterly Fund
Distribution**
Daily
NAV

Performance

Performance data quoted represents past performance. Past performance does not guarantee future results and investment returns and principal value of the Fund will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance data quoted above.

For performance information current to the most recent month-end, please call toll-free (833) 404-4103 or visit www.AltCIF.com. Performance information at NAV is reported net of the Fund’s fees and expense, but does not include the Fund’s maximum sales charge of 5.75% for Class A shares. Performance would have been lower if the maximum sales load had been reflected above. Performance for periods less than one year is not annualized.

Inception date of the Class A, Class C, Class W, and Class I is April 17, 2015. The inception date for Class L is July 28, 2017.

Maximum Offering Price (MOP) includes the Fund’s maximum sales charge of 5.75% for Class A shares.

Class A gross expenses are 4.40% and net expenses are 4.08%. Net fees are based on a contractual fee waiver and reimbursement agreement by the Adviser to waive its management fees (excluding any incentive fees) and absorb the ordinary annual operating expenses of the Fund to the extent they exceed 2.59% per annum of daily net assets of Class A through at least January 31, 2021.

Historical NAV

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* Represents the percentage increase/decrease in the net asset value from the prior trading day.

Distribution History

Record Date: date the distribution amount is declared. Ex Date/Pay Date: date the distribution is paid to investors.

Target annualized distribution is measured at the Fund level and is not equal to actual returns for an investor. As portfolio and market conditions change, future distributions will vary and target annualized distribution may not be obtained in the future. Distributions are not guaranteed, and include a return of capital. This may result in less of a shareholder’s assets being invested in the Fund and, over time, increase the Fund’s expense ratio. Any invested capital that is returned to the shareholder will be reduced by the Fund’s fees and expenses, as well as the applicable sales load.

There is no guarantee that the Fund will achieve its objectives, generate profits, or avoid losses. View full disclosure.

Investing Across the Credit Universe in One, Professionally Managed Portfolio

The Fund’s portfolio includes direct credit, private credit, and public credit, and actively invests across public and private markets, risk strategies, and institutional managers.

Diversification does not ensure profit or prevent losses.

Materials & Documents

View these materials and documents to learn more about Alternative Credit Income Fund.

View Literature