With a single investment, the Yieldstreet Prism Fund allows you the opportunity to access a fixed-income portfolio across multiple asset classes selected by Yieldstreet.
To familiarize yourself with the details of the Yieldstreet Prism Fund, it is important that you review the Prospectus, which is available for download on this page.Download Prospectus
With one investment, you have the opportunity to build a fixed-income portfolio, across a variety of asset classes, focused on income generation.
True to our investor-first DNA, we strive to bring you innovative and exclusive investing opportunities. This Fund is the first time Yieldstreet investors are able to invest across multiple asset classes with a single allocation.
Distributions are expected to be made quarterly, subject to the authorization of the Fund’s board of directors.
Beginning June 2021, and on a quarterly basis thereafter, the Fund may offer to repurchase a limited number of shares from investors subject to approval by the Fund’s Board and to certain limitations outlined in the Fund’s prospectus.3
Investors may opt in to automatically reinvest their cash distributions back into the Fund and may adjust this setting at any time in the settings in their Investments under View portfolio.
No load or redemption fees. Management fees and expenses are only charged on invested assets. Leverage expenses are generated only when the Fund borrows money to increase the assets in which it invests.
Cash distribution schedule
Fund termination date2
Anticipated repurchase offers schedule3
Annual management fee4
Maximum annual administrative expense5
Est annual leverage expense7
The primary objective of the Yieldstreet Prism Fund is the generation of income through investment in loans, bonds, and other debt instruments. To achieve the Fund’s investment objective, the Fund allocates its assets with a focus on income, seeking asset-backed and cash-flow backed opportunities. These opportunities exist across different asset classes, such as Art Finance, Commercial Real Estate, Legal Finance and other alternative asset classes in which Yieldstreet specializes.
Additional information on the investment strategy of the Fund can be viewed here.
Private Business Credit
|No||Asset class||Value||Yield||% of Fund|
|Sum (Top 3 holdings)||47.03%|
This loan was originated by Athena Art Finance Corp., an affiliate of Yieldstreet, and is secured by a diversified pool of thirteen blue-chip artworks. The investment has a minimum coupon of 8.25% over a term of three years.
This loan was originated by iBorrow. It is secured by a newly-built co-living apartment property in Hollywood, California. The loan has a term of 24 months, and expects to pay interest monthly. The Fund’s participation has a coupon of 8.75% per annum (net of servicing fees to iBorrow).
The Yieldstreet Prism Fund has participated in a legal finance fund that invests in both individual and pools of legal finance transactions. The investment has a fixed coupon of 14%, and will be entitled to additional interest if the legal finance fund’s net returns, after repayment in full of principal, exceed 14%.
As with all investments, there are risks associated with the Yieldstreet Prism Fund. The risks associated with the Fund are outlined in detail in the Fund’s prospectus. Prior to investing, we strongly suggest that you carefully review the prospectus in full, including the risk factors section.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Yieldstreet Prism Fund before investing. The prospectus for the Yieldstreet Prism Fund contains this and other information about the Fund and can be obtained by emailing email@example.com or by referring to www.yieldstreetprismfund.com. The prospectus should be read carefully before investing in the Fund.
Investments in the Fund are not bank deposits (and thus not insured by the FDIC or by any other federal governmental agency) and are not guaranteed by Yieldstreet or any other party.
1 Reflects the initial quarterly distribution declared by the Fund’s board of directors on February 6, 2020, which will be payable to stockholders of record as of June 10, 2020 and is based on the initial offering price of $10 per share. The Fund’s distribution may exceed its earnings. Therefore, a portion of the Fund’s distribution may be a return of the money you originally invested and represent a return of capital to you for tax purposes.
2 The Fund will cease investing and seek to liquidate its remaining portfolio no later than 48 months after the Fund's initial closing. It may take up to twelve months thereafter to fully monetize any remaining illiquid investments in the Fund's portfolio.
3 The Fund intends to offer to repurchase shares from investors at the discretion of the Fund’s Board and depending upon the performance of the Fund. The Fund will limit the number of shares to be repurchased in any calendar year to no more than 20% of the weighted average number of shares outstanding in the prior calendar year, or no more than 5% in each quarter. If the number of shares submitted for repurchase by investors exceeds the number of shares the Fund seeks to repurchase, the Fund will repurchase shares from investors on a pro-rata basis, and not on a first-come, first-served basis.
4 The management fee is calculated at an annual rate of 1.00% of the average of the Fund’s net assets, excluding cash and cash-equivalents, at the end of the two most recently completed calendar quarters.
5 The Fund's administrator will provide facilities and administrative services necessary for the Fund to operate. The Fund has agreed to reimburse the administrator and its affiliates for the fees, costs and expenses incurred by the administrator and its affiliates in providing such services, up to 0.125% (0.50% annualized) of the Fund's net assets (excluding cash and cash equivalents), as determined as of the end of each calendar quarter. Please refer to the Fund's prospectus for additional information regarding this reimbursement.
6 The securities described in the prospectus are not offered for sale in the states of Nebraska or North Dakota or to persons residing or located in such states. No subscription for the sale of Fund shares will be accepted from any person residing or located in Nebraska or North Dakota.
7 The figure in the table above assumes that the Fund will utilize leverage at a rate equal to 10% of its average net assets at an assumed interest rate of 2.5% per annum.