Variant Alternative Income Fund

Last Updated 04/05/2024

Shows hypothetical growth of $1000 since inception

$26.43

Nav Per Share

22.77%

Current Yield

7.91%

Total Return

08/30/2018

Inception

$2,561,359,306

Total Managed Assets*

NICHX

Ticker

$1,000,000

Minimum Investment

0.02%

Net Expense Ratio

*represents total managed funds for the fund complex

About The Fund

From the Fund's Prospectus:



The Variant Alternative Income Fund (the “Fund”) is a closed-end management investment company registered under the Investment Company Act of 1940, as amended (the “Investment Company Act”), and organized as a Delaware statutory trust on April 6, 2018.



Investment Objective. The Fund’s primary objective is to provide a high level of current income. Capital appreciation will be considered a secondary objective.



Principal Investment Strategies. Under normal market conditions, the Fund will seek to achieve its investment objective by investing, directly or indirectly, a majority of its net assets (plus any borrowings for investment purposes) in alternative income-generating investments. For purposes of the Fund’s strategy, such investments may include private and public debt, loans and equity as well as other investments that generate an interest payment, dividends or other forms of distributions and that generally accrue value over time. The Fund will allocate its investments across multiple strategies with varying levels of liquidity. There can be no assurance that the Fund will achieve its investment objective.

HISTORICAL DATA

Percentage and dollar changes represent the increase or decrease in the NAV from the preceding trading day.

Regulatory Materials

Prospectus - 8/25/2020 - Variant Alternative Income Fund

Variant Alternative Income Fund - Institutional Class

SEC

Annual Report - 2021 - Variant Alternative Income Fund

Variant Alternative Income Fund - Institutional Class

SEC

Prospectus - 8/25/2020 - Variant Alternative Income Fund

Variant Alternative Income Fund - Investor Class

SEC

Annual Report - 2021 - Variant Alternative Income Fund

Variant Alternative Income Fund - Investor Class

SEC

Date

2021

2020