|
Fund Name: |
Lazard Real Assets and Pricing Opportunities Fund |
|
Adviser: |
Lazard Asset Management LLC |
|
Sub-Adviser(s): |
None |
|
Fees: |
0.70% Management Fee |
|
Open- or Closed-End: |
Open-End (Mutual fund) |
|
Investor Restrictions: |
$100,000 minimum initial investment for institutional shares, $2,500 for open shares; $1 million minimum initial investment for R6 shares |
|
Filing Date: |
Dec. 14, 2016 |
|
Effective Date: |
Dec. 30, 2016 |
|
|
|
|
Fund Name: |
VanEck Coastland Online Consumer Finance Fund |
|
Adviser: |
Van Eck Associates Corporation |
|
Sub-Adviser(s): |
Coastland Capital LLC |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$1 million minimum initial investment; minimum subsequent investment not specified. |
|
Filing Date: |
Dec. 30, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
Eaton Vance High Income 2022 Target Term Trust |
|
Adviser: |
Eaton Vance Management |
|
Sub-Adviser(s): |
None |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Closed-End (Exchange traded) |
|
Investor Restrictions: |
Minimum investment of 100 common shares |
|
Filing Date: |
Dec. 20, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
FS Diversified Income Fund |
|
Adviser: |
FS Diversified Income Advisor LLC |
|
Sub-Adviser(s): |
Not specified |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$2,500 minimum investment for regular accounts, $1,000 for retirement plan accounts; $100 minimum subsequent investment for regular accounts, $50 for retirement plan accounts (Class A and C); Minimum initial investment for Class I shares not specified, subsequent investments may be made in any amount. |
|
Filing Date: |
Dec. 13, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
BlackRock 2022 Global Income Opportunity Trust |
|
Adviser: |
BlackRock Advisers LLC |
|
Sub-Adviser(s): |
None |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Closed-End (Exchange traded) |
|
Investor Restrictions: |
Minimum investment of 100 common shares ($1,000) |
|
Filing Date: |
Dec. 6, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
City National Rochdale Reinsurance Premium Fund |
|
Adviser: |
City National Rochdale LLC |
|
Sub-Adviser(s): |
None |
|
Fees: |
0.5% Management Fee |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
Minimum Investment: By or through an RIA or intermediary= $1 million per RIA or intermediary; Direct Investment= $1 million |
|
Filing Date: |
Dec. 5, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
PIMCO Flexible Credit Income Fund |
|
Adviser: |
Pacific Investment Management Company LLC |
|
Sub-Adviser(s): |
None |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
Not specified |
|
Filing Date: |
Nov. 3, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
Steadfast Alcentra Global Credit Fund |
|
Adviser: |
Steadfast Investment Adviser LLC |
|
Sub-Adviser(s): |
Alcentra NY LLC |
|
Fees: |
Management Fee: 2% of gross assets up to and including $500 million; 1.75% of gross assets over $500 million and up to and including $1 billion; and 1.50% of gross assets over $1 billion |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$4,000 minimum initial investment (Class A, T and D); $10,000 minimum initial investment (Class I); Additional purchases in $500 increments, unless made pursuant to the DRP or as otherwise permitted by the Fund |
|
Filing Date: |
Nov. 3, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
Sierra Opportunity Fund |
|
Adviser: |
SOF Advisors LLC |
|
Sub-Adviser(s): |
None |
|
Fees: |
2% Management Fee; 20% incentive fee on pre-incentive net investment income with a 6% annualized hurdle and a catch up feature |
|
Open- or Closed-End: |
Closed-End (Annual repurchase) |
|
Investor Restrictions: |
$2,500 minimum initial investment for regular accounts, $1,000 for retirement plan accounts (Class A); $2,500 minimum initial investment for regular and retirement plan accounts (Class T); minimum subsequent investment of $100 under the fund's automatic investment program or $1,000 (Class A and Class T); $2 million minimum initial investment, no minimum subsequent investment (Class I) |
|
Filing Date: |
Oct. 31, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
FS Energy Total Return Fund |
|
Adviser: |
FS Energy Advisor LLC |
|
Sub-Adviser(s): |
Magnetar Asset Management LLC |
|
Fees: |
1.75% Management Fee on gross assets |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$2,500 minimum initial investment for regular accounts, $1,000 for retirement plan accounts, $100 minimum subsequent investment for regular accounts, $50 for retirement plan accounts (Class A and C); minimum investment for Class I not specified |
|
Filing Date: |
Oct. 25, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
Versus Capital Real Assets Fund LLC |
|
Adviser: |
Versus Capital Advisors LLC |
|
Sub-Adviser(s): |
None |
|
Fees: |
$1.15% Management Fee |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$10 million minimum initial investment |
|
Filing Date: |
Oct. 19, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
NorthStar/Townsend Institutional Real Estate Fund Inc. |
|
Adviser: |
Townsend Holdings LLC |
|
Sub-Adviser(s): |
NSAM B-TCEF Ltd. |
|
Fees: |
1.5% Management Fee |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$2,500 minimum initial investment, $100 minimum subsequent investment (Class A and C); $25,000 minimum initial investment (Class I) |
|
Filing Date: |
Oct. 19, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
First Trust Senior Floating Rate 2022 Target Term Fund |
|
Adviser: |
First Trust Advisors L.P. |
|
Sub-Adviser(s): |
None |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Closed-End (Exchange traded) |
|
Investor Restrictions: |
None specified |
|
Filing Date: |
Oct. 14, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
Nuveen Preferred & Income 2022 Term Fund |
|
Adviser: |
Nuveen Fund Advisors LLC |
|
Sub-Adviser(s): |
Nuveen Asset Management LLC |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Closed-End (Exchange traded) |
|
Investor Restrictions: |
None specified |
|
Filing Date: |
Oct. 11, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
Nuveen Credit Opportunities 2024 Target Term Fund |
|
Adviser: |
Nuveen Fund Advisors LLC |
|
Sub-Adviser(s): |
Symphony Asset Management LLC |
|
Fees: |
Annual management fee to a maximum of 0.7% of the fund's average daily managed assets. |
|
Open- or Closed-End: |
Closed-End (Exchange traded) |
|
Investor Restrictions: |
Minimum investment of 100 common shares |
|
Filing Date: |
Oct. 3, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
Nuveen Credit Opportunities 2022 Target Term Fund |
|
Adviser: |
Nuveen Fund Advisors LLC |
|
Sub-Adviser(s): |
Symphony Asset Management LLC |
|
Fees: |
Annual management fee to a maximum of 0.7% of the fund's average daily managed assets. |
|
Open- or Closed-End: |
Closed-End (Exchange traded) |
|
Investor Restrictions: |
Minimum investment of 100 common shares |
|
Filing Date: |
Oct. 3, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
Nuveen Credit Opportunities 2020 Target Term Fund |
|
Adviser: |
Nuveen Fund Advisors LLC |
|
Sub-Adviser(s): |
Symphony Asset Management LLC |
|
Fees: |
Annual management fee to a maximum of 0.7% of the fund's average daily managed assets. |
|
Open- or Closed-End: |
Closed-End (Exchange traded) |
|
Investor Restrictions: |
Minimum investment of 100 common shares |
|
Filing Date: |
Oct. 3, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
ACA/Prism Multi-Strat Alternatives Fund |
|
Adviser: |
Crow Point Partners LLC |
|
Sub-Adviser(s): |
Alternative Capital Advisers LLC |
|
Fees: |
Advisory fee at the annual rate of 0.75% of the fund's average daily gross invested assets; The Adviser will also receive a fulcrum fee of between 0% and 1.50%, calculated using an annual base advisory fee rate of a specified amount of the average daily net assets of the Fund, adjusted by the Fund’s performance over a rolling 12-month period relative to the HFRI Fund of Funds Conservative Index. |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$25,000 minimum initial investment; $10,000 minimum subsequent investment |
|
Filing Date: |
Sept. 13, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
TCW Diversified High Income 2021 Target Term Fund |
|
Adviser: |
TCW Investment Management Company LLC |
|
Sub-Adviser(s): |
None |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Closed-End (Exchange traded) |
|
Investor Restrictions: |
Minimum investment of 100 common shares |
|
Filing Date: |
Aug. 30, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
Partners Group Private Income Opportunities LLC |
|
Adviser: |
Partners Group (USA) Inc. |
|
Sub-Adviser(s): |
None |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
Accredited investor; Unspecified minimum investments |
|
Filing Date: |
Aug. 30, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
Crow Point Technology Opportunity 2021 Target Conversion Trust |
|
Adviser: |
Crow Point Partners LLC |
|
Sub-Adviser(s): |
Recon Capital Partners LLC |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Closed-End (Exchange traded) |
|
Investor Restrictions: |
Minimum initial investment of 100 common shares |
|
Filing Date: |
Aug. 30, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
Invesco High Income 2023 Target Term Fund |
|
Adviser: |
Invesco Advisers Inc. |
|
Sub-Adviser(s): |
Invesco Asset Management Deutschland Gmbh, Invesco Asset Management Ltd., Invesco Asset Management (Japan) Ltd., Invesco Hong Kong Ltd., Invesco Senior Secured Management Inc., Invesco Canada Ltd. |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Closed-End (Annual repurchase) |
|
Investor Restrictions: |
Minimum investment of 100 common shares |
|
Filing Date: |
Aug. 29, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
Peachtree Alternative Strategies Fund |
|
Adviser: |
Homrich & Berg Inc. |
|
Sub-Adviser(s): |
ABS Investment Management LLC |
|
Fees: |
1% Management Fee |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
Accredited investor; $25,000 minimum initial investment, $5,000 minimum subsequent investment |
|
Filing Date: |
Aug. 24, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
Brookfield Real Assets Income Fund Inc. |
|
Adviser: |
Brookfield Investment Management Inc. |
|
Sub-Adviser(s): |
Schroder Investment Management North America Inc. |
|
Fees: |
1.00% of average daily managed assets |
|
Open- or Closed-End: |
Closed-End |
|
Investor Restrictions: |
Not specified |
|
Filing Date: |
Aug. 10, 2016 |
|
Effective Date: |
July 12, 2016 |
|
|
|
|
Fund Name: |
XAI Octagon Credit Opportunities Alternative Registered Trust - Brokerage Feeder |
|
Adviser: |
XA Investments LLC |
|
Sub-Adviser(s): |
Octagon Credit Investors LLC |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase; Feeder fund) |
|
Investor Restrictions: |
None specified |
|
Filing Date: |
Aug. 8, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
Relative Value Fund |
|
Adviser: |
Vivaldi Asset Management LLC |
|
Sub-Adviser(s): |
RiverNorth Capital Management LLC |
|
Fees: |
1.5% Management Fee |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$1,000 minimum initial investment |
|
Filing Date: |
Aug. 8, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
Federated Project & Trade Finance Tender Fund |
|
Adviser: |
Federated Investment Management Company |
|
Sub-Adviser(s): |
Federated Investors (UK) LLP |
|
Fees: |
0.50% management fee on the average daily value of the fund's total managed assets |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$500,000 minimum initial investment; $25,000 minimum subsequent investment |
|
Filing Date: |
July 21, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
Pioneer ILS Bridge Fund |
|
Adviser: |
Pioneer Investment Management Inc. |
|
Sub-Adviser(s): |
None |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$1 million minimum initial investment (per registered investment adviser or intermediary if made through an adviser or intermediary, or per individual investor if made directly) |
|
Filing Date: |
July 15, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
NB Crossroads Private Markets Fund IV (TE) - Custody Client LLC |
|
Adviser: |
Neuberger Berman Investment Advisers LLC |
|
Sub-Adviser(s): |
NB Alternatives Advisers LLC |
|
Fees: |
Master Fund pays 0.10% during the first 12 months following the Master Fund's commencement of operations; 0.55% beginning in year two through the end of year eight from the commencement of operations and then 0.30% for the remaining life of the Master Fund. |
|
Open- or Closed-End: |
Closed-End (Feeder fund) |
|
Investor Restrictions: |
Certain U.S. tax-exempt entities that are accredited investors and qualified clients (as specified in filing); $50,000 minimum capital commitment |
|
Filing Date: |
July 13, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
NB Crossroads Private Markets Fund IV (TE) - Client LLC |
|
Adviser: |
Neuberger Berman Investment Advisers LLC |
|
Sub-Adviser(s): |
NB Alternatives Advisers LLC |
|
Fees: |
Master Fund pays 0.10% during the first 12 months following the Master Fund's commencement of operations; 0.55% beginning in year two through the end of year eight from the commencement of operations and then 0.30% for the remaining life of the Master Fund. |
|
Open- or Closed-End: |
Closed-End (Feeder fund) |
|
Investor Restrictions: |
Certain U.S. tax-exempt entities that are accredited investors and qualified clients (as specified in filing); $50,000 minimum capital commitment |
|
Filing Date: |
July 13, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
NB Crossroads Private Markets Fund IV (TI) Client LLC |
|
Adviser: |
Neuberger Berman Investment Advisers LLC |
|
Sub-Adviser(s): |
NB Alternatives Advisers LLC |
|
Fees: |
Master Fund pays 0.10% during the first 12 months following the Master Fund's commencement of operations; 0.55% beginning in year two through the end of year eight from the commencement of operations and then 0.30% for the remaining life of the Master Fund. |
|
Open- or Closed-End: |
Closed-End (Feeder fund) |
|
Investor Restrictions: |
Accredited investors; Qualified clients; $50,000 minimum capital commitment |
|
Filing Date: |
July 13, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
RiverPark Commercial Real Estate Fund |
|
Adviser: |
RiverPark Advisors LLC |
|
Sub-Adviser(s): |
Talimco LLC |
|
Fees: |
0.65% Management Fee |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$100,000 minimum initial investment |
|
Filing Date: |
July 11, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
RiverNorth/DoubleLine Strategic Opportunity Fund |
|
Adviser: |
RiverNorth Capital Management LLC |
|
Sub-Adviser(s): |
DoubleLine Capital LP |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Closed-End (To be NYSE listed) |
|
Investor Restrictions: |
Not specified |
|
Filing Date: |
July 1, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
CION Ares Diversified Credit Fund |
|
Adviser: |
CION Ares Management LLC |
|
Sub-Adviser(s): |
Unspecified entity affiliated with Ares Management LLC |
|
Fees: |
1.5% Management Fee; and Non-specified percentage of quarterly pre-incentive fee net investment income. |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$2,500 minimum initial investment (regular accounts); $1,000 minimum initial investment (retirement plan accounts) |
|
Filing Date: |
June 30, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
NuShares Enhanced Yield U.S. Aggregate Bond ETF |
|
Adviser: |
Nuveen Fund Advisors LLC |
|
Sub-Adviser(s): |
Teachers Advisors Inc. |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Open-End (Exchange traded) |
|
Investor Restrictions: |
Not specified |
|
Filing Date: |
June 15, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
Griffin Institutional Access Global Credit Fund |
|
Adviser: |
Not specified (The Adviser is an indirect majority-owned subsidiary of Griffin Capital Corporation) |
|
Sub-Adviser(s): |
Not specified |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$2,500 minimum initial investment for regular accounts, $1,000 for retirement plan accounts; $100 minimum subsequent investment for regular accounts, $50 for retirement plan accounts (Class A and C) |
|
Filing Date: |
June 3, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
NexPoint Merger Arbitrage Fund |
|
Adviser: |
NexPoint Advisors LP |
|
Sub-Adviser(s): |
None |
|
Fees: |
1.25% Management Fee (on daily gross assets) |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$500 minimum initial investment for regular accounts, $50 for retirement accounts, $50 minimum subsequent investment (Class A and C); $100,000 minimum initial investment (Class Z) |
|
Filing Date: |
April 19, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
NexPoint Latin American Opportunities Fund |
|
Adviser: |
NexPoint Advisors LP |
|
Sub-Adviser(s): |
None |
|
Fees: |
1.25% Management Fee (on daily gross assets) |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$500 minimum initial investment for regular accounts, $50 for retirement accounts, $50 minimum subsequent investment (Class A and C); $100,000 minimum initial investment (Class Z) |
|
Filing Date: |
March 24, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
NexPoint Distressed Strategies Fund |
|
Adviser: |
NexPoint Advisors LP |
|
Sub-Adviser(s): |
None |
|
Fees: |
1.25% Management Fee (on daily gross assets) |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$500 minimum initial investment for regular accounts, $50 for retirement accounts, $50 minimum subsequent investment (Class A and C); $100,000 minimum initial investment (Class Z) |
|
Filing Date: |
March 24, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
First Trust Strategic Mortgage REIT ETF |
|
Adviser: |
First Trust Advisors LP |
|
Sub-Adviser(s): |
None |
|
Fees: |
0.85% Management Fee |
|
Open- or Closed-End: |
Open-End (Exchange traded) |
|
Investor Restrictions: |
Not specified |
|
Filing Date: |
March 14, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
First Trust Long/Short Currency Strategy ETF |
|
Adviser: |
First Trust Advisors LP |
|
Sub-Adviser(s): |
First Trust Global Portfolios Ltd. |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Open-End (Exchange traded) |
|
Investor Restrictions: |
Not specified |
|
Filing Date: |
March 14, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
First Trust Equity Market Neutral ETF |
|
Adviser: |
First Trust Advisors LP |
|
Sub-Adviser(s): |
Perella Weinberg Partners Capital Management LP |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Open-End (Exchange traded) |
|
Investor Restrictions: |
Not specified |
|
Filing Date: |
March 14, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
First Trust CEF Income Opportunity ETF |
|
Adviser: |
First Trust Advisors LP |
|
Sub-Adviser(s): |
None |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Open-End (Exchange traded) |
|
Investor Restrictions: |
Not specified |
|
Filing Date: |
March 14, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
First Trust Municipal CEF Income Opportunity ETF |
|
Adviser: |
First Trust Advisors LP |
|
Sub-Adviser(s): |
None |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Open-End (Exchange traded) |
|
Investor Restrictions: |
Not specified |
|
Filing Date: |
March 14, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
NexPoint Healthcare Opportunities Fund |
|
Adviser: |
NexPoint Advisors LP |
|
Sub-Adviser(s): |
None |
|
Fees: |
1.25% Management Fee on gross assets (Class A, C and Z) |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$500 minimum initial investment for regular accounts, $50 for retirement accounts, $50 minimum subsequent investment (Class A and C); $100,000 minimum initial investment (Class Z) |
|
Filing Date: |
March 4, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
NexPoint Energy Opportunities Fund |
|
Adviser: |
NexPoint Advisors LP |
|
Sub-Adviser(s): |
None |
|
Fees: |
1.25% Management Fee on gross assets (Class A, C and Z) |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$500 minimum initial investment for regular accounts, $50 for retirement accounts, $50 minimum subsequent investment (Class A and C); $100,000 minimum initial investment (Class Z) |
|
Filing Date: |
March 3, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
NexPoint Discount Yield Fund |
|
Adviser: |
NexPoint Advisors LP |
|
Sub-Adviser(s): |
None |
|
Fees: |
1.25% Management Fee on gross assets (Class A, C and Z) |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$500 minimum initial investment for regular accounts, $50 for retirement accounts, $50 minimum subsequent investment (Class A and C); $100,000 minimum initial investment (Class Z) |
|
Filing Date: |
March 3, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
FEG Directional Access TEI Fund |
|
Adviser: |
FEG Investors LLC |
|
Sub-Adviser(s): |
InterOcean Capital LLC |
|
Fees: |
0.85% Management Fee |
|
Open- or Closed-End: |
Closed-End (Twice-annual repurchase; Feeder fund) |
|
Investor Restrictions: |
Accredited investors; $50,000 minimum initial investment; $25,000 minimum subsequent investment |
|
Filing Date: |
Feb. 24, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
FS Global Credit Opportunities Fund - ADV |
|
Adviser: |
FS Global Advisor LLC |
|
Sub-Adviser(s): |
GSO Capital Partners LP |
|
Fees: |
2% management fee on gross assets (at the Master Fund level); 20% of pre-incentive fee net investment income that exceeds 11.25% per year measured quarterly, once return on adjusted capital exceeds 9% per year, with a catch-up provision (at the Master Fund level) |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase; Feeder fund) |
|
Investor Restrictions: |
$5,000 minimum initial investment; $500 minimum subsequent investment |
|
Filing Date: |
Feb. 22, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
FS Global Credit Opportunities Fund - T |
|
Adviser: |
FS Global Advisor LLC |
|
Sub-Adviser(s): |
GSO Capital Partners LP |
|
Fees: |
2% management fee on gross assets (at the Master Fund level); 20% of pre-incentive fee net investment income that exceeds 11.25% per year measured quarterly, once return on adjusted capital exceeds 9% per year, with a catch-up provision (at the Master Fund level) |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase; Feeder fund) |
|
Investor Restrictions: |
$5,000 minimum initial investment; $500 minimum subsequent investment |
|
Filing Date: |
Feb. 22, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
Sierra Total Return Fund |
|
Adviser: |
Sierra Total Return Fund Advisors LLC |
|
Sub-Adviser(s): |
None |
|
Fees: |
Not specified |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$2,500 minimum initial investment for regular accounts, $1,000 for retirement accounts (Class A); $2,500 minimum initial investment for regular and retirement accounts (Class T); and $2 million minimum initial investment (Class I) |
|
Filing Date: |
Feb. 12, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
Oppenheimer Macquarie Global Infrastructure Fund |
|
Adviser: |
OFI Global Asset Management Inc. |
|
Sub-Adviser(s): |
OppenheimerFunds Inc. (sub-adviser), Macquarie Capital Investment Management LLC (sub-sub-adviser) |
|
Fees: |
0.9% Management Fee |
|
Open- or Closed-End: |
Open-End (Mutual fund) |
|
Investor Restrictions: |
$1,000 minimum initial investment (Class A, C, R and Y); $500 minimum initial investment for Traditional and Roth IRA, Asset Builder Plan, Automatic Exchange Plan and government allotment plan accounts; No minimum initial investment for wrap fee-based programs, salary reduction plans and other retirement plans and accounts. |
|
Filing Date: |
Feb. 6, 2016 |
|
Effective Date: |
May 23, 2016 |
|
|
|
|
Fund Name: |
NorthStar Real Estate Capital Income Master Fund |
|
Adviser: |
NSAM B-RECF Ltd. |
|
Sub-Adviser(s): |
NSAM US-RECF LLC |
|
Fees: |
2% management fee on gross assets; 20% of pre-incentive fee net investment income that exceeds 8.75% per year measured quarterly, once return on adjusted capital exceeds 7% per year, with a catch-up provision |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase; Master fund) |
|
Investor Restrictions: |
Accredited investors |
|
Filing Date: |
Feb. 4, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
NorthStar Real Estate Capital Income Fund-T |
|
Adviser: |
NSAM B-RECF Ltd. |
|
Sub-Adviser(s): |
NSAM US-RECF LLC |
|
Fees: |
2% management fee on gross assets (at the Master Fund level); 20% of pre-incentive fee net investment income that exceeds 8.75% per year measured quarterly, once return on adjusted capital exceeds 7% per year, with a catch-up provision (at the Master Fund level) |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase; Feeder fund) |
|
Investor Restrictions: |
$4,000 minimum initial investment; $500 minimum subsequent investment |
|
Filing Date: |
Feb. 4, 2016 |
|
Effective Date: |
Pending |
|
|
|
|
Fund Name: |
NexPoint Real Estate Strategies Fund |
|
Adviser: |
NexPoint Advisors LP |
|
Sub-Adviser(s): |
None |
|
Fees: |
1.25% Management Fee |
|
Open- or Closed-End: |
Closed-End (Quarterly repurchase) |
|
Investor Restrictions: |
$2,500 minimum initial investment (Class A and C); $100,000 minimum initial investment (Class Z); $50 minimum initial investment (retirement accounts); $50 minimum subsequent investments |
|
Filing Date: |
Jan. 19, 2016 |
|
Effective Date: |
Pending |
