Ares Strategic Income Fund
Data through 2000-01-01 · latest filing 8-K filed 2000-01-01
Sponsored by Ares. BDC structure focused on private credit.
BDCPrivate Credit
- Net assets
- $0.0M
source
Quarterly report (Form 10-Q) · filed 2000-01-01 · period 2000-01-01
Available to signed-in readers.
Method Direct: structured XBRL tag
Technical locator
as of 2000-01-01 - NAV / share
- $0.0M
source
Quarterly report (Form 10-Q) · filed 2000-01-01 · period 2000-01-01
Available to signed-in readers.
Method Matched text template against the filing
Technical locator
Class I · as of 2000-01-01 - Net flows, last qtr
- +0.0% qtr ended 2000-01-01
- Annualized distribution rate
- 0.00% annualized · Class I · as of 2000-01-01
- Trailing 12-month distribution rate
- 0.00% trailing 12 months · Class I · as of 2000-01-01
- Leverage in use
- 0% debt / equity 0.00x · as of 2000-01-01
- Total return, 12m
- +0.00% 2000-01-01 to 2000-01-01 · Class I
i
Source. Manager-published (verified snapshot), 2000-01-01 to 2000-01-01
What changed in the latest filings.
Current findings ordered by severity. Each observation remains traceable to its filed source.
Available to signed-in readers.
Available to signed-in readers.
Why it matters and what changed
New share sales down 50% or more over the trailing year, as a share of the fund: the fund is raising half the money it did, and redemptions now lean on the portfolio.
Available to signed-in readers.
Source: Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
Why it matters and what changed
Redemptions up 100% or more over the trailing year, as a share of the fund: demand to leave has doubled.
Available to signed-in readers.
Source: Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
Why it matters and what changed
Redemption requests exceeded the offer and were paid only in part, pro rata. Investors who wanted out are still holding; unmet demand usually rolls into the next offer, making repeat proration -- the defining liquidity-stress pattern for a perpetual fund -- worth watching for.
Available to signed-in readers.
Source: Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
Why it matters and what changed
Redemption requests ran at least twice the offer capacity. At this level pro-ration is severe and shareholder liquidity is materially constrained right now, not hypothetically.
Available to signed-in readers.
Source: Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
Why it matters and what changed
Redemption requests exceeded the offer and were paid only in part, pro rata. Investors who wanted out are still holding; unmet demand usually rolls into the next offer, making repeat proration -- the defining liquidity-stress pattern for a perpetual fund -- worth watching for.
Available to signed-in readers.
Source: Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
Why it matters and what changed
Redemption requests ran at least twice the offer capacity. At this level pro-ration is severe and shareholder liquidity is materially constrained right now, not hypothetically.
Available to signed-in readers.
Source: Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
Why it matters and what changed
Redemption demand reached the fund's stated cap (or the offer was prorated). Whether it repeats decides how serious it is; see the repeated and severe versions of this rule.
Available to signed-in readers.
Source: Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
Why it matters and what changed
Distributions exceed net investment income. The gap is funded from capital (the investor's own money back) or gains, and a stated yield propped up this way is fragile.
Available to signed-in readers.
Source: Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
Why it matters and what changed
The fund leaned meaningfully harder on its leverage in a single period. Even far from the ceiling, the direction and speed of travel matter; creep compounds quietly.
Available to signed-in readers.
Source: Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
Why it matters and what changed
Distributions exceed net investment income. The gap is funded from capital (the investor's own money back) or gains, and a stated yield propped up this way is fragile.
Available to signed-in readers.
Source: Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
Why it matters and what changed
The fund leaned meaningfully harder on its leverage in a single period. Even far from the ceiling, the direction and speed of travel matter; creep compounds quietly.
Available to signed-in readers.
Source: Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
Why it matters and what changed
Distributions exceed net investment income. The gap is funded from capital (the investor's own money back) or gains, and a stated yield propped up this way is fragile.
Available to signed-in readers.
Source: Available to signed-in readers.
Historical findings (11)
Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
Available to signed-in readers.
How the fund has moved.
Net asset value, total return, capital flows, and distribution coverage across the filing record.
Filed performance history
What moved inside the book.
Filed portfolio-health facts and position changes, each one read from the fund's own report.
Where exit demand met the cap.
Stated cap: 5% of shares/quarter. Shares repurchased within 12 months of purchase carry a 2.0% early repurchase deduction.
Available to signed-in readers.
How the balance sheet is funded.
Borrowings, unused capacity, and synthetic exposure are separated so unlike risks do not collapse into one ratio.
Available to signed-in readers.
The evidence beneath the page.
Filed terms and recent documents remain available without crowding the primary research flow.
Who can invest: NASAA net worth and income test: $70,000 gross annual income and $70,000 net worth, or $250,000 net worth, excluding home, home furnishings and automobiles. Standard as printed in the 486BPOS of 2000-01-01.
Management fee: 0.00% of net assets per year, current as of latest filed disclosure. Research only: not used in a fee distribution.
Filed fee conditions
Available to signed-in readers.
Canonical-class fee profile
| Class | Management | Incentive | Load | Servicing | Gross expenses | Net expenses |
|---|---|---|---|---|---|---|
| Class I | 0.00% | Available to signed-in readers.
* |
- | - | 0.00%*Filed label: Ratio of operating expenses (excluding expense support) to average net assets; period 2000-01-01. Available to signed-in readers. SEC source 0001912000-01-010018 |
0.00%*Filed label: Ratio of operating expenses (including expense support) to average net assets; period 2000-01-01. After waiver: yes; interest: not separately stated; tax: not separately stated; incentive compensation: not separately stated; acquired-fund expenses: not separately stated. Available to signed-in readers. SEC source 0001912000-01-010018 |
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.
Recent filings
| Filed | Form | Accession |
|---|---|---|
| Available to signed-in readers. | ||