Crowding: 16% of book in names held by 3+ tracked funds · 16 of 65 names · Issuers are matched on normalised name (~10% measured error each way), so crowding and overlap figures are floors. How this is measured → · full readout →

Redemption pressure

below the elevated edge

Money leaving this fund each month, read off its own filed N-PORT flows — redemptions against the net assets they were redeemed out of, never annualised, so one heavy month reads as itself rather than multiplied by twelve.

0.0%

redeemed in Mar '26 · as of 2026-03-31

$0M redeemed

3-month (Σ monthly)

1.0%

$1M · rated 3/3 months

Outflow streak

consecutive months of net outflow

Months observed

since Jul '25

These flows are Form N-PORT, which only registered funds file — interval, tender-offer and closed-end funds. BDCs repurchase shares through a separate tender-offer mechanism that is not this form, so this section is absent on a BDC's page rather than reported as zero. 3.0%+ / 5.0%+ of net assets in a single month are the live elevated / high edges. every fund ranked by redemption pressure →

Source: AltsVault · SEC filings · as of 2026-03-31

Portfolio

67 positions as of 2026-03-31 · position-level holdings (SEC N-PORT).

✓ Reconciled — ties to the fund's reported total investments within 10% (106%).

67 holdings

Company	Fair value	Weight
Fidelity Government Portfolio	$8M	10.3%
Lasair Stampeded DAC PPN	$5M	6.6%
Magnit Corp. T Term Loan	$5M	6.6%
Formex Holdings LLC Term Loan	$5M	6.5%
BMP Katydid Holdco Term Loan	$5M	6.2%
Columbia Helicopters Term Loan	$5M	6.0%
Dariohealth Corp. TL Term Loan	$4M	5.8%
Berry GP TL Term Loan	$4M	5.6%
Vara Salon Suites HQ Term Loan	$3M	3.9%
Northern Tool & Equi Term Loan	$2M	3.3%
Mister Film Financin 0%	$2M	2.8%
Millrose Properties Inc	$2M	2.8%
Blazing Star Parent Term Loan	$2M	2.5%
UDR Inc	$2M	2.3%
Dynex Capital Inc	$1M	1.9%
Four Corners Property Trust In	$1M	1.7%
Extra Space Storage Inc	$1M	1.6%
Realty Income Corp	$1M	1.3%
Public Storage	$1M	1.2%
BMP Katydid Holdco Preferred Equity 10%	$1M	1.0%
Blue Owl Capital Inc	$1M	0.9%
Contships Logistics Corp	$1M	0.7%
1261229 BC LTD	$1M	0.7%
Twma Finance As	$1M	0.7%
International Seaways in	$1M	0.7%
Lasair Stampeded DAC PPN- Unfunded	$1M	0.7%
Venture Global LNG Inc	$0M	0.6%
Futura Resources LTD	$0M	0.6%
Icahn Enterprises/fin	$0M	0.6%
NGL Enrgy Op/fin Corp	$0M	0.6%
Sesi LLC	$0M	0.6%
Pra Group Inc	$0M	0.6%
Velocity Com Cap LLC	$0M	0.6%
Avation Group S Pte LTD	$0M	0.6%
Navios South American L	$0M	0.5%
Aph/aph2/aph3/aquarian	$0M	0.5%
Prime Healthcare Service	$0M	0.5%
Radiology Partners Inc	$0M	0.5%
C&S Group Enterprises LL	$0M	0.5%
Arbor Realty SR Inc	$0M	0.5%
Ladder Cap Fin Lllp/corp	$0M	0.5%
Starwood Property Trust Inc	$0M	0.5%
Burford Capital GLBL Fin	$0M	0.4%
Sirius XM Radio LLC	$0M	0.4%
Lgi Homes Inc	$0M	0.4%
Atlantica Sustain Infra	$0M	0.4%
Velocity Commercial Capital Lo	$0M	0.4%
Midas Opco Holdings LLC	$0M	0.4%
Siriuspoint LTD	$0M	0.3%
Brundage-bone Concrete	$0M	0.3%
Nickel Industries LTD	$0M	0.3%
Velocitysba Loan Trust	$0M	0.3%
Organon & Co/organon for	$0M	0.3%
Drawbridge Spec Oppor Fu	$0M	0.3%
Vmed O2 UK Financing I	$0M	0.3%
Five Point Operating Co	$0M	0.3%
Cco HLDGS Llc/cap Corp	$0M	0.2%
F&G Annuities & Life Inc	$0M	0.2%
Magnera Corp	$0M	0.2%
Jefferson Capital Holdin	$0M	0.2%
BGC Group Inc	$0M	0.2%
Stonex Escrow Issuer LLC	$0M	0.2%
Star Parent Inc	$0M	0.2%
SLM Corp	$0M	0.2%
Harrow Inc	$0M	0.1%
Columbia Helicopters Term Loan	$0M	0.1%
Dariohealth Warrant $15.3495 4/30/32	$0M	0.1%

Asset categories (by fair value)

LON53.9%

DBT21.0%

OTHER11.9%

STIV10.3%

EP1.2%

EC0.9%

Crowding: 16% of book in names held by 3+ funds · 75% sole-holder

16 names held by 3+ funds · 39 sole-holder · Issuers are matched on normalised name (~10% measured error each way), so crowding and overlap figures are floors. How this is measured →

Source: AltsVault · SEC filings

see which of these names are crowded →

Callodine Specialy Income Fund

Redemption pressure

Portfolio

Metrics

Redemption pressure

Portfolio

Metrics