MANAGEMENT AGREEMENTManagement Agreement • December 14th, 2021 • Alternative Credit Income Fund • New York
The Trust has been organized to engage in the business of a closed-end management investment company that is operated as an interval fund.
Expense Limitation AgreementLimitation Agreement • December 14th, 2021 • Alternative Credit Income Fund
Effective as of the date hereof, we agree, at least until October 31, 2022 to waive our management fees (excluding any incentive fee) and to pay or absorb the ordinary annual operating expenses of the Fund (excluding interest, brokerage commissions, acquired fund fees and expenses and extraordinary expenses), to the extent that our management fees plus the Fund’s ordinary annual operating expenses exceed 2.59%, 3.34%, 2.59%, 2.34%, and 2.84% per annum of the Fund's average daily net assets attributable to Class A, Class C, Class W, Class I and Class L shares, respectively.
