Annual Management Fee
Yieldstreet collects an annual management fee from the cashflows of offerings that ranges from 0% (on our short term notes program) to 2.5%.
Where can I see each investment’s annual management fee?
These fees are clearly disclosed on the individual offering pages for each investment opportunity.
Are the projected target yields net of fees?
Yes, the advertised net target return for all offerings on Yieldstreet are net of these management fees. Management fees do not come from your interest distributions. Our management fees are paid alongside interest distributions made to investors. Once again, please bear in mind that the displayed and advertised target returns for all offerings on the Yieldstreet platform are net of all listing and management fees.
Are there any other fees besides the annual management fee?
Some investments may have additional fees specific to that offering. If applicable, these fees will be clearly outlined on the individual investment’s offering page, ensuring full transparency before you decide to invest.
How do fees differ from SPV versus BPDN investments?
Both SPV and BPDN investment offerings require specific expenses—regardless of the asset class or the size of your investment. The expenses for each investment opportunity are listed in the offering documents.
For SPVs: Yearly financial audits for Yieldstreet are completed for each active SPV by a third-party PCAOB compliant firm. These detailed audits are completed to comply with SEC requirements for registered investment advisers and to ensure that accounting for the SPV has been completed in accordance with GAAP standards. These annual expenses cover mandated regulatory filings and related fees. Some of these charges include Form D filings, State Blue Sky filings, a fund’s annual Delaware franchise fee, and audit fees associated with a fund’s tax returns. Fund expenses are also used to cover out-of-pocket legal fees and expenses, if any, incurred to structure and document any SPV loan or participation, and trustee fees, if applicable.