Continuously offered interval fund with a primary objective of current income and a secondary objective of long-term capital appreciation. At least 80% of net assets is invested in debt securities and other credit-related investments, normally focused on CLO equity and mezzanine tranches, the most subordinated positions in the CLO capital structure. The Fund may also hold senior CLO tranches, ABS and MBS, high-yield and investment-grade bonds, loans, and up to 20% of net assets in global equities. Sub-Adviser CIFC sources and selects CLO tranches directly using bottom-up fundamental credit analysis.