AFA Asset Based Lending Founder (AMCJX)

Fund Assets	n/a
Expense Ratio	3.761%
Min. Investment	n/a
Turnover	n/a
Dividend (ttm)	0.88
Dividend Yield	9.74%
Dividend Growth	-31.93%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 29, 2026

Previous Close	8.98
YTD Return	6.63%
1-Year Return	8.76%
5-Year Return	43.42%
52-Week Low	8.95
52-Week High	9.27
Beta (5Y)	n/a
Holdings	n/a
Inception Date	n/a

About AMCJX

The AFA Asset Based Lending Fund is a closed-end interval fund specializing in private credit, with a primary focus on asset-based loans to lower middle market borrowers. Managed by Alternative Fund Advisors, its objective is to provide a high level of current income, with capital appreciation as a secondary goal. The fund seeks to differentiate itself by investing at least 80% of assets—directly or indirectly—in a diversified range of private and public credit securities or credit-related investments, emphasizing loans secured by physical or financial assets as collateral. These loans are typically originated by boutique lending platforms with specialized expertise, resulting in a portfolio diversified across numerous industries and collateral types. A notable feature is its portfolio composition: approximately 85% of holdings are senior secured debt positions, providing a priority claim on collateral, and over 40% of its investments are in fixed-rate loans, offering some insulation from interest rate fluctuations. The fund manages more than 400 individual loan positions, minimizing idiosyncratic risk through broad diversification. With a quarterly liquidity structure and limited leverage usage, the fund aims to navigate credit market cycles with stability and mitigate downside risks typical of private credit strategies. Its role is to offer accredited investors access to asset-based private credit markets, seeking consistent income and diversification from traditional fixed income exposures.

• Stock Exchange: Nasdaq
• Ticker Symbol: AMCJX

Performance

AMCJX had a total return of 8.76% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.95%.

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 29, 2026	$0.2059	Sep 29, 2026
Jun 29, 2026	$0.207	Jun 29, 2026
Mar 30, 2026	$0.2305	Mar 30, 2026
Dec 31, 2025	$0.2318	Dec 31, 2025
Sep 30, 2025	$0.2328	Sep 30, 2025
Jun 30, 2025	$0.2338	Jun 30, 2025

Data Sources: S&P Global Market Intelligence, Twelve Data, and more

Historical data is provided by S&P Global Market Intelligence. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 17, 2026

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