About CELFX
Cliffwater Enhanced Lending Fund Class I is a mutual fund focused on providing access to a broad spectrum of private debt investments. Its primary aim is to deliver high current income with modest capital appreciation, while maintaining a secondary goal of capital preservation. The fund invests predominantly in lending-related assets, allocating capital to a variety of strategies across the private credit market, including asset-backed finance, specialty direct lending, legal finance, equipment leasing, and other alternative lending avenues. CELFX’s portfolio is highly diversified, with exposure to more than 3,000 underlying credits and over 30 investment partners, enabling participation in both core and niche private debt segments. Managed by Cliffwater, a specialist in alternative investments, the fund dynamically adjusts its allocation among different credit types and durations to respond to changing market conditions. Distributed as an interval fund, CELFX offers periodic liquidity and pays distributions at least quarterly, often incorporating both investment income and return of capital. This structure provides institutional and accredited individual investors with an accessible solution to private debt, a traditionally illiquid asset class, and contributes to portfolio diversification and potential income generation.
Stock Exchange Nasdaq
Ticker Symbol CELFX
CELFX had a total return of 9.26% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.93%.
