Opportunistic Credit Interval Fund

Frequently Asked Questions About SOFIX

What does SOFIX invest in?

The Opportunistic Credit Interval Fund operates as a closed-end investment vehicle, employing a specialized credit strategy. This approach targets private debt originations and opportunistic secondary market investments within the middle-market sectors of both the United States and Europe. Established on January 21, 2022, the fund's main office is situated in New York, NY.

What is the expense ratio of SOFIX?

Opportunistic Credit Interval Fund (SOFIX) charges an expense ratio of 4.55%. This is the annual fee deducted from fund assets to cover management and operations.

What is SOFIX's dividend yield?

SOFIX's trailing-twelve-month yield is 8.83%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of SOFIX?

Effective duration measures SOFIX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. SOFIX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of SOFIX?

SOFIX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of SOFIX?

Yield to maturity (YTM) is the total return you'd earn from SOFIX if every bond in the portfolio is held to maturity at the current price. SOFIX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.