The prospectus states the objective is current income and, secondarily, long-term capital appreciation. At least 80% of Managed Assets is invested in credit and credit-related investments. The Fund expects to hold more than 50% in private credit funds run by third-party managers, up to 30% in co-investments and up to 20% in direct investments, targeting asset-based lending, specialty finance, factoring, bridge, trade and structured credit. It sets no targets by industry, geography or credit quality; about 30% may be non-U.S. It may borrow up to the 1940 Act limit through a secured revolving credit facility.