Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
4.84% -- -- --
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-- 3.82% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks current income, with a secondary objective to achieve long-term capital appreciation with moderate volatility and low to moderate correlation to the broader equity markets. The Fund invests at least 80% of its assets in fixed-income and fixed-income related securities, as described in this prospectus.
General
Security Type Unlisted Closed-End Fund
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 Alternative Credit Income Fund
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
No Data Available
1 Month
% Rank: --
-1.133B Peer Group Low
425.49M Peer Group High
1 Year
% Rank: --
-1.423B Peer Group Low
10.92B Peer Group High
3 Months
% Rank: --
-1.604B Peer Group Low
238.71M Peer Group High
3 Years
% Rank: --
-9.576B Peer Group Low
19.76B Peer Group High
6 Months
% Rank: --
-241.16M Peer Group Low
6.448B Peer Group High
5 Years
% Rank: --
-5.109B Peer Group Low
53.46B Peer Group High
YTD
% Rank: --
-612.38M Peer Group Low
10.72B Peer Group High
10 Years
% Rank: --
-17.59B Peer Group Low
77.83B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
-0.43%
12.64%
2.86%
13.17%
-3.38%
4.82%
5.93%
4.17%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.11%
6.45%
6.45%
6.43%
5.95%
0.73%
14.17%
13.59%
10.31%
4.89%
7.55%
1.41%
14.89%
-3.14%
11.87%
11.01%
7.64%
--
--
--
--
-8.76%
11.27%
7.45%
4.84%
--
--
--
--
--
--
10.25%
9.53%
As of December 05, 2025.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 9.24%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 102
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
ROI (TTM) --
Return on Investment (TTM) --
Earning Yield --
LT Debt / Shareholders Equity --
Number of Equity Holdings 32
Bond
Yield to Maturity (9-30-25) 10.00%
Effective Duration --
Average Coupon 10.96%
Calculated Average Quality 6.914
Effective Maturity 4.594
Nominal Maturity 4.594
Number of Bond Holdings 64
As of September 30, 2025

Growth Metrics

EPS Growth (1Y) --
EPS Growth (3Y) --
EPS Growth (5Y) --
Sales Growth (1Y) --
Sales Growth (3Y) --
Sales Growth (5Y) --
Sales per Share Growth (1Y) --
Sales per Share Growth (3Y) --
Operating Cash Flow - Growth Rate (3Y) --
As of September 30, 2025

Fund Details

Key Dates
Inception Date --
Last Annual Report Date 9/30/2024
Last Prospectus Date 1/28/2025
Share Classes
RCIAX A
RCICX C
RCIIX Inst
RCILX Other
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund Yes
Fund of Funds Yes
Currency Hedged Fund --
Synthetic Replication Fund No

Asset Allocation

As of September 30, 2025.
Type % Net
Cash 2.26%
Stock 9.06%
Bond 84.70%
Convertible 0.00%
Preferred 5.02%
Other -1.04%
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Top 10 Holdings

Name % Weight Price % Change
Tree Line Credit Strategies LP Perp 11.000%
9.61% -- --
Hunter Point Capital LP FRN 15-Jul-2052
3.66% -- --
BlackRock Global Credit Opportunities Fund LP
3.44% -- --
Pennfoster PFD
3.14% -- --
Next Flight Ventures UK Limited FRN 26-Dec-2025
3.09% -- --
Money Transfer Acquisition Inc FRN 14-Dec-2027
3.02% -- --
Newbury Franklin Industrials LLC FRN 11-Dec-2029
2.51% -- --
Marvel APS FRN 21-Dec-2027
2.48% -- --
Upstream Rehabilitation Inc 20-NOV-2027 Term Loan
2.46% -- --
MOUNT LOGAN FUNDING 181R SUB VAR 0% 22-JAN-2033
2.44% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee 1.43%
Administration Fee 75.80K%
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 Yes
Minimum Initial Investment 2500.00 None
Minimum Subsequent Investment 0.00 None

Basic Info

Investment Strategy
The Fund seeks current income, with a secondary objective to achieve long-term capital appreciation with moderate volatility and low to moderate correlation to the broader equity markets. The Fund invests at least 80% of its assets in fixed-income and fixed-income related securities, as described in this prospectus.
General
Security Type Unlisted Closed-End Fund
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 Alternative Credit Income Fund
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 9.24%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 102
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
ROI (TTM) --
Return on Investment (TTM) --
Earning Yield --
LT Debt / Shareholders Equity --
Number of Equity Holdings 32
Bond
Yield to Maturity (9-30-25) 10.00%
Effective Duration --
Average Coupon 10.96%
Calculated Average Quality 6.914
Effective Maturity 4.594
Nominal Maturity 4.594
Number of Bond Holdings 64
As of September 30, 2025

Growth Metrics

EPS Growth (1Y) --
EPS Growth (3Y) --
EPS Growth (5Y) --
Sales Growth (1Y) --
Sales Growth (3Y) --
Sales Growth (5Y) --
Sales per Share Growth (1Y) --
Sales per Share Growth (3Y) --
Operating Cash Flow - Growth Rate (3Y) --
As of September 30, 2025

Fund Details

Key Dates
Inception Date --
Last Annual Report Date 9/30/2024
Last Prospectus Date 1/28/2025
Share Classes
RCIAX A
RCICX C
RCIIX Inst
RCILX Other
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund Yes
Fund of Funds Yes
Currency Hedged Fund --
Synthetic Replication Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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