TCG Income Fund Requests Flexible Share Class Permissions
Published Date: 9/16/2025
Notice
Summary
TCG Strategic Income Fund and its advisor want permission to offer different types of shares with special fees and early withdrawal charges. This change affects investors who might see new fee options and share classes starting soon. If no one asks for a hearing by October 6, 2025, the SEC will likely approve it, potentially impacting how you invest and pay fees.
Analyzed Economic Effects
4 provisions identified: 0 benefits, 2 costs, 2 mixed.
Permission to Impose Asset-Based Fees
The applicants request authority to impose asset-based distribution and/or service fees on certain share classes of the closed-end fund. If approved, investors holding affected share classes could pay ongoing asset-based distribution or service fees.
Permission to Charge Early Withdrawals
The applicants ask to be allowed to impose early withdrawal charges on certain share classes of the closed-end fund. If the SEC approves this request, investors who redeem or sell from affected share classes could face early withdrawal charges.
Fund May Offer Multiple Share Classes
The applicants ask the SEC for permission to let the closed-end fund issue multiple classes of shares. If the SEC grants the order, investors in the fund could see different share classes become available.
Approval Likely Unless Hearing Requested
The notice says an order granting the requested relief will be issued unless the Commission orders a hearing. Hearing requests must be received by 5:30 p.m. on October 6, 2025.
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