# Opportunistic Credit Interval Fund (SOFIX): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/sofix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Bond - Strategy: Actively Managed · Inception: 2022-08-31 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. ## Key Facts | Metric | Value | |---|---| | Price | $11.33 | | Expense Ratio | 4.55% | | Market Value | $5.1M | | NAV | Not on file (no daily NAV for this closed-end fund) | | Holdings Count | — | | Distribution Yield (TTM) | 8.83% | | Annual Distribution (TTM) | $1.00 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $11.23 – $11.80 | | Beta | 0.15 | ## Latest Distribution - Amount: $0.2500 /share - Ex-date: 2026-09-18 - Pay date: 2026-09-24 ## Frequently Asked Questions ### 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. ### Does SOFIX pay a dividend? Yes, Opportunistic Credit Interval Fund (SOFIX) distributes dividends to shareholders. The trailing-twelve-month yield is 8.83%. Full dividend history is on this page. ### How often does SOFIX pay dividends? Opportunistic Credit Interval Fund pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is SOFIX's next ex-dividend date? The most recently announced ex-dividend date for SOFIX was 2026-09-18. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will SOFIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 4.55% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SOFIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SOFIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SOFIX cost more than a fund like VOO? SOFIX is actively managed (current expense ratio 4.55%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether SOFIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to SOFIX? The Lower-Fee Alternatives card above lists closed-end funds following the same investment strategy as SOFIX (4.55%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/sofix - Distribution history: https://www.dividenddata.com/funds/sofix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/sofix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/sofix/expenses - Peer comparison: https://www.dividenddata.com/funds/sofix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.