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Are there fees and expenses associated with the Yieldstreet Alternative Income Fund ?
Are there fees and expenses associated with the Yieldstreet Alternative Income Fund ?
Melanie Alese avatar
Written by Melanie Alese
Updated over 2 years ago

The following fees and expenses are associated with the Yieldstreet Alternative Income Fund, which will ultimately reduce the funds available for distributions to you as investors:

  • Annual Management Fee: 1.0%*

  • Maximum Annual Administrative Expense: 0.5%**

Note, that if part of the assets remain in cash or cash equivalents, such as money market funds, you will not be charged management fees or administrative expenses on those assets. For example, if 80% of the net assets in the Yieldstreet Alternative Income Fund are invested, then only 80% of your investment will incur these fees.

*The management fee is calculated at an annual rate of 1.00% of the average of the Yieldstreet Alternative Income Fund’s net assets, excluding cash and cash equivalents, at the end of the two most recently completed calendar quarters.

**Yieldstreet Alternative Income Fund’s administrator will provide facilities and administrative services necessary for the Yieldstreet Alternative Income Fund to operate. The Yieldstreet Alternative Income Fund has agreed to reimburse the administrator and its affiliates for the fees, costs, and expenses incurred by the administrator and its affiliates in providing such services, up to 0.125% (0.50% annualized) of the Yieldstreet Alternative Income Fund’s net assets (excluding cash and cash equivalents), as determined as of the end of each calendar quarter. Please refer to the Yieldstreet Alternative Income Fund’s prospectus for additional information regarding this reimbursement.

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