ACAP Strategic Fund (XCWPX)

Data through 2026-06-30 · latest filing NPORT-P filed 2026-08-28

Sponsored by SilverBay/Alkeon. Interval Fund structure focused on multi-strategy.

Interval FundMulti-strategy

Sponsor: SilverBay/Alkeon
CIK: 0001467631
Liquidity: Quarterly repurchase offers at NAV
Inception: 03/01/2010

Create a free account to see the full details for this fund

Net assets

June 30, 2026

source

Monthly portfolio report (Form N-PORT) · filed 2026-08-28 · period 2026-06-30

Available to signed-in readers.

Method Read from a structured field in the filing

Full observation history

NAV per share

Class W, March 31, 2026

source

Semiannual shareholder report (Form N-CSRS) · filed 2026-06-05 · period 2026-03-31

Available to signed-in readers.

Method Read from the filing's standard wording

Full observation history

Total return, 12m

2025-04-01 to 2026-03-31

Source. SEC-derived from filed sub-periods, 2025-04-01 to 2026-03-31

Net flows, last quarter

qtr ended 2026-06-30 · our calculation

01What changed

What changed

Red and yellow flags from the fund's latest filings.

Yellow flag

Available to signed-in readers.

Event dated March 31, 2026 · filing filed May 26, 2026 · flagged August 29, 2026

Why it matters

A portfolio position was written down materially. Marks are management's own estimate of impairment, so a large markdown is a loss being recognized; the fund-level NAV effect depends on the position's size.

Available to signed-in readers.

02Returns

Returns

What has it actually returned?

Filed performance history

Complete direct filed history for the audited canonical class, newest window first. Repeated windows use the newest filing. Standardized table values preserve their filed annualization; no displayed value is re-estimated. Where the fund filed both shareholder-transaction and GAAP-FH bases, the transactional value is preferred and both remain visible. Figures remain separate from the calculated NAV-plus-distributions index and manager-source monthly returns.

03Distributions

Distributions

Is the distribution earned?

04Holdings

Holdings

What does it own?

05Liquidity

Liquidity

Can holders get out?

Stated cap: 25% of shares/quarter.

Not disclosed

06Leverage

Leverage

How much is borrowed?

Available to signed-in readers.

07Fees

Fees

What does it really cost?

Filed fee conditions

Available to signed-in readers.

Canonical-class fee profile

Class	Management	Incentive	Load	Servicing	Gross expenses	Net expenses
Class W		Available to signed-in readers. *		bps	-	* Filed label: Ratio of expenses to average net assets (c); period 2025-09-30. After waiver: not separately stated; interest: included; tax: not separately stated; incentive compensation: included; acquired-fund expenses: not separately stated. Available to signed-in readers.

Expense-ratio caution. These are the issuer’s filed figures for the designated analysis class. They are not placed in a fee ranking because denominators and included expenses are not yet normalized across funds. Hover or click * for the filed label, period, components, and SEC source.

08Sources

Where every figure comes from.

Its source, one click away.

Also in the filing: every headline figure, with its date

Net assets: source

Monthly portfolio report (Form N-PORT) · filed 2026-08-28 · period 2026-06-30

Available to signed-in readers.

Method Read from a structured field in the filing

Full observation history
NAV / share: source

Semiannual shareholder report (Form N-CSRS) · filed 2026-06-05 · period 2026-03-31

Available to signed-in readers.

Method Read from the filing's standard wording

Full observation history
Net flows, last qtr
Total return, 12m

Who can invest: No investor qualification is stated in the prospectus.

Recent filings

Filed	Form	Accession
Available to signed-in readers.