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LibreMax Asset-Backed Income Fund

LibreMax Capital, LLC · Interval Fund (asset-backed finance)

Program Overview

Interval Fund (asset-backed finance)
LibreMax Asset-Backed Income Fund
Peer Group Filters
Objectives
IncomeCapital AppreciationSpeculation
Asset Class
Private Credit
Vehicle
Interval Fund
Single / Multi Asset
Multi-Asset
Sponsor/Manager
Asset Class
Private Credit
Issuer
LibreMax Asset-Backed Income Fund
Issuer Legal Structure
Delaware Statutory Trust
Program Life Structure
Evergreen
Target Leverage
Maximum 33% debt-to-total-assets 1940 Act 300% asset coverage (about 33 1/3% of total assets). June 30, 2026: reverse repos $103,263,618 vs total assets $394,905,894 (26.15%, derived); 4 counterparties, 52-day weighted maturity, 4.51% average rate. Fact sheet: 26.5% at Sept 30, 2026.
Strategy Risk/Return Profile
-
Managing Broker-Dealer
Scale
29,005,461 Class I Common Shares outstanding
Minimum Investment
$10,000
Class I Common Shares (LMIFX) · waivable
Strategy Overview

The prospectus states the Fund seeks to provide attractive risk-adjusted returns and generate current income. Under normal circumstances it invests at least 80% of net assets plus investment borrowings in asset-backed finance (ABF) investments: private ABF investments (loans, leases, mortgages and other receivables, warehouse facilities, preferred equity and joint venture interests) and traded securitizations (ABS, RMBS, CMBS, CLOs). It may invest up to 25% of net assets in non-U.S. dollar assets, has no limit on duration, maturity or credit quality, and uses leverage (reverse repurchase agreements at June 30, 2026) within the 1940 Act 300% asset coverage limit.

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