CION Ares Diversified Credit Fund U (CADZX)
23.78
-0.01
(-0.04%)
USD |
Aug 25 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 7.54% | 4.924B | -- | 30.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -- | 1.99% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide superior risk-adjusted returns across various market cycles. The Fund will invest primarily in a portfolio of directly originated loans, secured floating and fixed rate syndicated loans, corporate bonds, asset-backed securities, commercial real estate loans and other types of credit instruments. |
| General | |
| Security Type | Unlisted Closed-End Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD |
| Peer Group | General Bond Funds |
| Global Macro | Bond HC |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General Bond Funds |
| Fund Owner Firm Name | CION Investments |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
--
-1.167B
Peer Group Low
1.316B
Peer Group High
1 Year
% Rank:
--
-4.188B
Peer Group Low
8.922B
Peer Group High
3 Months
% Rank:
--
-2.386B
Peer Group Low
6.751B
Peer Group High
3 Years
% Rank:
--
-14.23B
Peer Group Low
17.44B
Peer Group High
6 Months
% Rank:
--
-2.394B
Peer Group Low
8.208B
Peer Group High
5 Years
% Rank:
--
-3.047B
Peer Group Low
48.67B
Peer Group High
YTD
% Rank:
--
-2.394B
Peer Group Low
8.753B
Peer Group High
10 Years
% Rank:
--
-1.900B
Peer Group Low
40.23B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of August 26, 2026.
Asset Allocation
As of March 31, 2026.
| Type | % Net |
|---|---|
| Cash | 2.94% |
| Stock | 6.24% |
| Bond | 149.7% |
| Convertible | 0.00% |
| Preferred | 8.16% |
| Other | -67.05% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
USD CASH
|
2.94% | -- | -- |
|
PIKE CORP FRN 20-DEC-2032
|
1.73% | -- | -- |
|
FEH GROUP LLC
|
1.69% | -- | -- |
|
MODERNA INC FRN 25-NOV-2030
|
1.63% | -- | -- |
|
RETAINED VANTAGE DATA CENTERS INTERMEDIATE HOLDCO LP FRN 05-DEC-2031
|
1.56% | -- | -- |
|
EMB PURCHASER INC FRN 12-MAR-2032
|
1.54% | -- | -- |
|
REDDY ICE LLC FRN 23-APR-2029
|
1.53% | -- | -- |
|
DENALI INTERMEDIATE HOLDINGS INC FRN 26-AUG-2032
|
1.52% | -- | -- |
|
HIMALAYA TOPCO LLC FRN 03-JUN-2032
|
1.47% | -- | -- |
|
OAK FUNDING LLC FRN 02-DEC-2032
|
1.44% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.75% |
| Actual Management Fee | 1.81% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 100.00 None |
Projected Income
| Type | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of July 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to provide superior risk-adjusted returns across various market cycles. The Fund will invest primarily in a portfolio of directly originated loans, secured floating and fixed rate syndicated loans, corporate bonds, asset-backed securities, commercial real estate loans and other types of credit instruments. |
| General | |
| Security Type | Unlisted Closed-End Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD |
| Peer Group | General Bond Funds |
| Global Macro | Bond HC |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General Bond Funds |
| Fund Owner Firm Name | CION Investments |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (8-25-26) | 8.10% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 1439 |
Fund Details
| Key Dates | |
| Launch Date | 10/1/2019 |
| Last Annual Report Date | 12/31/2025 |
| Last Prospectus Date | 4/29/2025 |
| Share Classes | |
| CADCX | C |
| CADEX | A |
| CADFX | Other |
| CADSX | Other |
| CADUX | Inst |
| CADWX | Other |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund |
|
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |