Opportunistic Credit Interval Fund (SOFIX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | 1.00 |
| Dividend Yield | 8.59% |
| Dividend Growth | -9.09% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Sep 19, 2025 |
| Previous Close | 11.64 |
| YTD Return | 1.39% |
| 1-Year Return | 3.03% |
| 5-Year Return | n/a |
| 52-Week Low | 11.42 |
| 52-Week High | 11.78 |
| Beta (5Y) | 0.23 |
| Holdings | n/a |
| Inception Date | n/a |
About SOFIX
The Opportunistic Credit Interval Fund is a closed-end investment fund structured as a registered 1940 Act interval fund, focusing primarily on credit investments. Its chief purpose is to invest in privately originated debt and secondary market credit opportunities, targeting the U.S. and European middle markets—particularly the less competitive segments within these regions. The fund is designed to provide both capital appreciation and current income, generally seeking to distribute income to shareholders on a quarterly basis. One of the fund’s defining features is its interval structure, which allows for quarterly liquidity; at least 5% of the shares outstanding are made available for redemption each quarter. This hybrid liquidity model is intended to balance investor access with the fund's ability to pursue less liquid, higher yielding credit instruments. Structured to capture value from corporate credit in distressed or special-situation scenarios, the fund targets opportunities often overlooked by larger institutional investors. Its flexible credit strategy helps it navigate various market environments, aiming to maintain performance through changing cycles and credit conditions. Within the broader financial market, the Opportunistic Credit Interval Fund is positioned as a source of alternative credit exposure, offering diversification and lower correlation compared to traditional fixed-income funds.
Performance
SOFIX had a total return of 3.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.11%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 19, 2025 | $0.250 | Sep 29, 2025 |
| Jun 18, 2025 | $0.250 | Jun 27, 2025 |
| Mar 20, 2025 | $0.250 | Mar 28, 2025 |
| Dec 20, 2024 | $0.250 | Dec 31, 2024 |
| Sep 20, 2024 | $0.250 | Sep 30, 2024 |
| Jun 21, 2024 | $0.250 | Jun 28, 2024 |