Infrastructure Fund Tweaks Shares and Fees for Investors
Published Date: 4/30/2026
Notice
Summary
AAM/Wilshire Infrastructure Fund and Advisors Asset Management want permission to offer different types of shares and charge fees for early withdrawals and services. This change affects investors in their closed-end funds and could impact how much they pay in fees. If no one asks for a hearing by May 22, 2026, the SEC will likely approve these new rules soon.
Free Policy Watch
New rules are filed every week. Most people never see them.
Pick a topic. PRIA watches every federal rule and tells you when one hits your household.
Pick a topic to get started
Analyzed Economic Effects
3 provisions identified: 0 benefits, 2 costs, 1 mixed.
Asset-Based Distribution/Service Fees Allowed
Applicants requested permission to impose asset-based distribution and/or service fees for certain registered closed-end funds. If you invest in these funds, the fund may charge ongoing asset-based distribution or service fees if the SEC approves the application.
Allowing Multiple Share Classes
Applicants asked the SEC for permission to let certain registered closed-end funds issue multiple classes of shares (different types of shares). If you invest in these funds, they could offer different share types starting after the SEC acts on the application filed March 20, 2026.
Permission for Early Withdrawal Charges
Applicants requested permission to impose early withdrawal charges on investors in certain registered closed-end funds. If you hold shares in these funds, you could face an early withdrawal charge if the SEC grants the requested relief.
Your PRIA Score
Personalized for You
How does this regulation affect your finances?
Sign up for a PRIA Policy Scan to see your personalized alignment score for this federal register document and every other regulation we track. We analyze your financial profile against policy provisions to show you exactly what matters to your wallet.
Key Dates
Department and Agencies
Take It Personal
Get Your Personalized Policy View
Take the PRIA Score to see how policy affects your household, then upgrade to PRIA Full Coverage for year-round monitoring.
Already have an account? Sign in