Equalize Community Development Fund

Frequently Asked Questions About EQCDX

What does EQCDX invest in?

The Equalize Community Development Fund operates as a non-diversified, closed-end investment management firm. Its primary objectives are to generate steady income while preserving capital, and to provide institutional investors with beneficial regulatory consideration for their holdings. The fund's investment strategy mainly involves allocating capital to loans that qualify as community development loans or qualified investments under the Community Reinvestment Act of 1977. Established on July 29, 2013, the company's headquarters are situated in Wayne, PA.

What is the expense ratio of EQCDX?

Equalize Community Development Fund (EQCDX) charges an expense ratio of 3.50%. This is the annual fee deducted from fund assets to cover management and operations.

How big is EQCDX?

Equalize Community Development Fund (EQCDX) has a market value of $37.8M: its share price times its shares outstanding. A closed-end fund trades above or below its net asset value, so its net assets differ from this figure. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is EQCDX actively managed or an index fund?

EQCDX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (EQCDX's is 3.50%) in exchange for the discretion to over- or under-weight positions.

When was EQCDX launched?

Equalize Community Development Fund (EQCDX) launched in December 2013 and is managed by the fund issuer.

How has EQCDX performed?

EQCDX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.