PC · PRIVATE CREDIT

HB Wealth Credit Opportunities Fund

HB Wealth · Tender-Offer Fund

Program Overview

Tender-Offer Fund

Peer Group Filters

Objectives: IncomeCapital Appreciation
Asset Class: Private Credit
Vehicle: Tender Offer Fund
Single / Multi Asset: Multi-Asset

Sponsor/Manager

HB Wealth

Asset Class

Private Credit

Issuer

HB Wealth Credit Opportunities Fund

Issuer Legal Structure

Delaware Statutory Trust

Program Life Structure

Perpetual

Securities Offered

Equity - Class A Shares Equity - Class I Shares

Target Leverage

Minimum 300% asset coverage Borrowings subject to 300% asset coverage (debt up to one-third of total assets); preferred shares 200%. No debt outstanding; facility terms not provided. Portfolio Fund borrowings are not subject to this limit.

Strategy Risk/Return Profile

Managing Broker-Dealer

iCapital Markets LLC

Minimum Investment

$25,000

Class A Shares · waivable

Strategy Overview

The Fund seeks income and long-term capital appreciation. It invests at least 80% of net assets plus borrowings in "Credit Assets": private credit funds (including CLO tranches), registered funds, BDCs and REITs (Portfolio Funds) and direct co-investments, selected by the Sub-Adviser. It may hold first-loss, subordinated and below-investment-grade positions and may invest outside private credit. Non-diversified; industry concentration capped below 25%.

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