The prospectus states an objective of current income through cash distributions and preservation of capital across market cycles, with capital appreciation secondary. At least 80% of assets go to real assets (real estate and infrastructure, held through subsidiaries including a REIT subsidiary) and credit and credit-related investments (middle-market and broadly syndicated loans, CLO debt and equity, opportunistic credit, CMBS). The target is 30% real assets and 70% credit, CMBS and mortgages; over 25% of assets sit in real estate. Leverage comes from a credit facility, a reverse repo facility, property mortgages and a total return swap.