STRF provides investors access to both public and private securities at all levels of the capital structure with varying correlation to equity and other markets.
Sierra Total Return Fund is a newly formed entity and has a limited operating history.
The material in this Website does not constitute an offer to sell, nor a solicitation of an offer to buy the securities described herein. Such an offering is made only by means of a prospectus. The prospectus must be read in order to understand fully all the implications and risks of any offering of securities to which it relates.
Investing in Sierra Total Return Fund (the “Fund”) involves risks, including the risk that you may receive little or no return on your investment or that you may lose part or all of your investment. The ability of the Fund to achieve its investment objective depends, in part, on the ability of the Advisor to effectively allocate the assets of the Fund among the various securities and investments in which the Fund invests. There can be no assurance that the actual allocations will be effective in achieving the Fund’s investment objective or delivering positive returns. The Fund will concentrate its investments in debt and equity fixed income and its portfolio will be significantly impacted by the performance of the debt/credit markets.
Investors should carefully consider the investment objectives, risks, charges and expenses of Sierra Total Return Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained by contacting your financial advisor or visiting www.sierratotalreturnfund.com. The prospectus should be read carefully before investing.
STRF’s investment objective is to seek total return through a combination of current income and long-term capital appreciation by investing in a portfolio of debt securities and equities.
There currently is no secondary market for the Fund’s shares and the Fund expects that no secondary market will develop. To provide liquidity to shareholders, the Fund intends to make quarterly offers to repurchase its outstanding shares at net asset value. Investments in lesser-known, small and medium capitalization companies may be more vulnerable than larger, more established organizations. The Fund’s investments may be negatively affected by the broad investment environment and capital markets in which the Fund invests, including the real estate market, the debt market and/or the equity securities market. The value of the Fund’s investments will increase or decrease based on changes in the prices of the investments it holds. This will cause the value of the Fund’s shares to increase or decrease. The Fund is “non-diversified” under the Investment Company Act of 1940 since changes in the financial condition or market value of a single issuer may cause a greater fluctuation in the Fund’s net asset value than in a “diversified” fund. The Fund is not intended to be a complete investment program.net asset value than in a “diversified” fund. The Fund is not intended to be a complete investment program.
Shares of the Fund will not be listed on any securities exchange, which makes them inherently illiquid. Regardless of how the Fund performs, an investor may not be able to sell or otherwise liquidate his or her shares whenever such investor would prefer and may be unable to reduce his or her exposure on any market downturn. The Fund may pay distributions in significant part from sources that may not be available in the future and that are unrelated to the Fund’s performance, such as offering proceeds and borrowings.
SC Distributors is the exclusive wholesale marketing agent for Sierra Total Return Fund. ALPS Distributors, Inc. is the distributor of Sierra Total Return Fund. ALPS Distributors, Inc. is not affiliated with SC Distributors, Carter Validus Mission Critical REIT II, Sierra Income Corporation, Trilinc Global Impact Fund or Greenbacker Renewable Energy Company. ALPS Distributors, Inc., 1290 Broadway, Suite 1100, Denver, CO 80203, Member FINRA.