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PC · PRIVATE CREDIT

Sound Point Alternative Income Fund

Sound Point Capital Management, LP · Interval Fund

Program Overview

Interval Fund
Sound Point Alternative Income Fund
Peer Group Filters
Objectives
IncomeTotal Return
Asset Class
Private Credit
Vehicle
Interval Fund
Single / Multi Asset
Multi-Asset
Asset Class
Private Credit
Issuer
Sound Point Alternative Income Fund
Issuer Legal Structure
Delaware Statutory Trust
Program Life Structure
Evergreen
Target Leverage
Maximum 33% debt-to-total-assets Borrowing limited to 33 1/3% of total assets (300% coverage). No borrowings at 6/30/2026. PNC senior secured facility up to $20M from 8/5/2026, first-priority lien on Fund assets, Term SOFR + 1.50%, matures 8/3/2029. Fee table assumes 13.5% leverage.
Strategy Risk/Return Profile
-
Scale
1,570,702 Class I Shares outstanding · 51 Secured loan positions (facility line items)
Minimum Investment
$25,000
Class A Shares (SAFNX) · waivable
Strategy Overview

The prospectus states the Fund seeks current income and attractive risk-adjusted returns across market cycles. Under normal circumstances it invests at least 80% of net assets plus investment borrowings in alternative income-producing credit across three strategies: private credit (expected 40%-80%, the largest allocation), structured credit including CLOs (0%-30%) and liquid credit such as syndicated loans and high-yield bonds (5%-50%). It may invest up to 20% in foreign instruments and without limit in illiquid and restricted securities, and may borrow up to 33 1/3% of total assets. At 6/30/2026 secured loans were 90.54% of net assets.

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