• Yieldstreet Prism Fund is open to all investors, with a $5k minimum investment

Yieldstreet prism fund

With a single investment, the Yieldstreet Prism Fund allows you to build a fixed-income portfolio, spread across multiple asset classes selected by Yieldstreet. Since the initial offering on March 11, 2020, the Fund has raised over $38 million. Currently, the Fund has holdings in six asset classes: Art, Commercial, Consumer, Legal, Real Estate, and is also invested in Corporate preferred bonds.

7%1

March 2024

• $5k minimum investment

• No offers will be made to or accepted from investors residing in or located in NE, ND, or TX at this time6

• Quarterly distributions may exceed the Fund’s earnings, which may cause a portion of the Fund’s distributions to be a return of the money originally invested1

Highlights

Your portfolio builder

With one allocation, you invest across multiple alternative asset classes, adding diversification to your overall investment portfolio7. See the Fund’s top holdings.

Exclusive access

Yieldstreet strives to bring investors innovative and exclusive investing opportunities. Access to the Fund, which is focused on income generation, is available exclusively, at Yieldstreet.

Quarterly distributions

Distributions are expected to be made to investors quarterly, subject to the authorization of the Fund’s Board of Directors. The first two distributions were paid on June 12 and September 17, 2020. The next distribution is expected to be paid on December 17, 20201.

Option for limited liquidity

Beginning June 2021, and on a quarterly basis thereafter, the Fund may offer to repurchase a limited number of shares from existing investors, subject to approval by the Fund’s Board of Directors and to certain limitations outlined in the Fund’s prospectus.3

Distribution Reinvestment

Investors may opt in to automatically reinvest their cash distributions back into the Fund through our Dividend Reinvestment Program (DRIP) and may adjust this setting at any time in the settings of their Investments under View portfolio.

Transparent fee structure

No load or redemption fees. Management fees and expenses are only charged on invested assets. No fees are charged for money in the Fund that is not invested. See fee summary here.

Investment summary

Weighted average portfolio yield

As of November 4, 2020, the weighted average yield of the Fund's assets, excluding cash and cash equivalents, was 9.79%. The weighted average yield was determined by computing the average yield on the Fund's investment portfolio, excluding cash and cash equivalents, weighted for the size of each portfolio investment.

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  • prism fund chart

Get to know the Fund: Webinar recording

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How will the Fund's assets be allocated?

The Fund’s primary objective is to generate income for investors and, as a secondary objective, to achieve capital appreciation. To achieve this objective, the Fund allocates its assets with a focus on income, seeking asset-backed and cash-flow backed opportunities across asset classes.

A detailed overview of the investment strategy of the Fund can be viewed here.

Below is a snapshot of some of the current holdings of the Fund.

Art

The investment, originated by Athena Art Finance Corp., an affiliate of Yieldstreet, is secured by a diversified pool of fifteen blue-chip artworks. The investment has a minimum coupon of 8.25% per annum over a term of 36 months. In October, the Fund increased its original participation of $4.175M to $4.57M in order to finance the purchase of two new pieces of artwork collateral added to the pool.

Real Estate

The investment, originated by iBorrow, is secured by a newly-built co-living apartment property in Hollywood, California. The Fund’s participation pays a coupon of 8.75% per annum (net of servicing fees to iBorrow) over a term of 24 months.

Legal

The investment, in a legal finance fund that invests in both individual and pools of legal finance transactions, has a fixed coupon of 14% per annum, and will be entitled to additional interest if the legal finance fund’s net returns, after repayment in full of principal, exceed 14%. In October, the Fund increased its original participation by $500,000.

Commercial

The investment, originated by a firm that provides credit facilities to specialty finance companies, is a $475,000 participation in the sub-senior tranche of an $85M senior secured credit facility to a provider of merchant cash advances. This investment has a fixed coupon of 13.5% per annum over a term of 48 months, subject to extension.

Commercial

The investment is a secured note with a first mortgage on a model home. The model home was built by one of the oldest franchisees of one of the largest independently owned and operated homebuilding companies in the United States. The secured note is interest only, with an interest rate equal to 8.99% per annum over a term of 17 months.

Commercial

The investment, originated by Align Business Finance, is a 50% participation interest in the current outstanding principal balance of an approximately $6M equipment loan to a company that owns and operates roughly 3,000 acres of fruit tree orchards and several facilities across CA, OR, and WA. The investment has a target interest rate of 10% per annum over a term of 21 months.

Commercial

This investment, originated by Align Business Finance, is a 50% participation interest in an equipment lease with an initial base value of approximately $4M and was provided to a Texas-based freight brokerage company offering transportation services including truckload, less than truckload, and intermodal services. The investment has a target interest rate of 10% per annum over a term of 34 months.

Consumer

The investment is a $1.45M assignment of the funded portion of a subordinated promissory note in a secured revolving credit facility of up to $165M. The facility is secured by a diversified pool of consumer loans. The subordinated promissory note is subordinated to a senior promissory note. The investment has a fixed coupon with a targeted rate of 12%. The initial term is 15 months (interest-only draw period), followed by up to 24 months of amortization. The initial term is subject to extension.

Consumer

The investment is a $5M multi-tranche term loan facility to Luther Appliance and Furniture Sales Acquisition, an online retailer of furniture, electronics, appliances and vacations that focuses on consumers who pay for their purchases under retail installment contracts. The company was acquired by a group of private investors in October of 2019. The new owners have made significant upgrades to the online sales portal. The investment has a target interest rate of 12% per annum (comprised of 10% per annum interest plus a 2% per annum management fee) and an initial term of 36 months.

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  • Art

    The investment, originated by Athena Art Finance Corp., an affiliate of Yieldstreet, is secured by a diversified pool of fifteen blue-chip artworks. The investment has a minimum coupon of 8.25% per annum over a term of 36 months. In October, the Fund increased its original participation of $4.175M to $4.57M in order to finance the purchase of two new pieces of artwork collateral added to the pool.

  • Real Estate

    The investment, originated by iBorrow, is secured by a newly-built co-living apartment property in Hollywood, California. The Fund’s participation pays a coupon of 8.75% per annum (net of servicing fees to iBorrow) over a term of 24 months.

  • Legal

    The investment, in a legal finance fund that invests in both individual and pools of legal finance transactions, has a fixed coupon of 14% per annum, and will be entitled to additional interest if the legal finance fund’s net returns, after repayment in full of principal, exceed 14%. In October, the Fund increased its original participation by $500,000.

  • Commercial

    The investment, originated by a firm that provides credit facilities to specialty finance companies, is a $475,000 participation in the sub-senior tranche of an $85M senior secured credit facility to a provider of merchant cash advances. This investment has a fixed coupon of 13.5% per annum over a term of 48 months, subject to extension.

  • Commercial

    The investment is a secured note with a first mortgage on a model home. The model home was built by one of the oldest franchisees of one of the largest independently owned and operated homebuilding companies in the United States. The secured note is interest only, with an interest rate equal to 8.99% per annum over a term of 17 months.

  • Commercial

    The investment, originated by Align Business Finance, is a 50% participation interest in the current outstanding principal balance of an approximately $6M equipment loan to a company that owns and operates roughly 3,000 acres of fruit tree orchards and several facilities across CA, OR, and WA. The investment has a target interest rate of 10% per annum over a term of 21 months.

  • Commercial

    This investment, originated by Align Business Finance, is a 50% participation interest in an equipment lease with an initial base value of approximately $4M and was provided to a Texas-based freight brokerage company offering transportation services including truckload, less than truckload, and intermodal services. The investment has a target interest rate of 10% per annum over a term of 34 months.

  • Consumer

    The investment is a $1.45M assignment of the funded portion of a subordinated promissory note in a secured revolving credit facility of up to $165M. The facility is secured by a diversified pool of consumer loans. The subordinated promissory note is subordinated to a senior promissory note. The investment has a fixed coupon with a targeted rate of 12%. The initial term is 15 months (interest-only draw period), followed by up to 24 months of amortization. The initial term is subject to extension.

  • Consumer

    The investment is a $5M multi-tranche term loan facility to Luther Appliance and Furniture Sales Acquisition, an online retailer of furniture, electronics, appliances and vacations that focuses on consumers who pay for their purchases under retail installment contracts. The company was acquired by a group of private investors in October of 2019. The new owners have made significant upgrades to the online sales portal. The investment has a target interest rate of 12% per annum (comprised of 10% per annum interest plus a 2% per annum management fee) and an initial term of 36 months.

The Fund's top 5 holdings

Asset classValueYield% of Fund
Art4,570,0008.25%12.21%
Legal3,300,00014.00%8.82%
Real Estate3,000,0008.75%8.02%
Commercial2,997,94510.00%8.01%
Commercial1,477,1718.99%3.95%

How to invest

Prepare your account

In order to invest in the Yieldstreet Prism Fund, your investor account setup must be complete on Yieldstreet’s website. We highly recommend pre-funding your Yieldstreet Wallet, as this helps to ensure a seamless investing process.

Submit your Investment

Submit your desired allocation for the Yieldstreet Prism Fund. Funds will be pulled from your Yieldstreet Wallet a few days later. At times, we may temporarily stop taking in new investments. When this happens, you can expect it to reopen within a few days.

Your investment becomes active

Once investor funds are pulled from the Yieldstreet Wallet, it takes approximately two business days for investments to be made in the Fund and for your investment to officially become active.

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  • Prepare your account

    In order to invest in the Yieldstreet Prism Fund, your investor account setup must be complete on Yieldstreet’s website. We highly recommend pre-funding your Yieldstreet Wallet, as this helps to ensure a seamless investing process.

  • Submit your Investment

    Submit your desired allocation for the Yieldstreet Prism Fund. Funds will be pulled from your Yieldstreet Wallet a few days later. At times, we may temporarily stop taking in new investments. When this happens, you can expect it to reopen within a few days.

  • Your investment becomes active

    Once investor funds are pulled from the Yieldstreet Wallet, it takes approximately two business days for investments to be made in the Fund and for your investment to officially become active.

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 investments@yieldstreetprismfund.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 was paid to stockholders of record as of June 10, 2020 and is based on the initial offering price of $10 per share. The Fund's Board of Directors declared a distribution to stockholders in the amount of $0.1750 per share to be paid on December 17, 2020 to stockholders of record as of December 9, 2020. 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 of Directors 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 [read more]

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) [read more]

6 The securities described in the prospectus are not offered for sale in the states of Nebraska or North Dakota or Texas 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 or Texas.

7 The Yieldstreet Prism Fund is a non-diversified closed-end fund for the purposes of the Investment Company Act of 1940, as amended (“’40 Act”), and is therefore not a ‘40 Act “diversified” product.

8 As a result of the continued change in market conditions, and our current investment strategy, we do not intend to use any leverage for our portfolio Investments for the next twelve (12) months following August 6, 2020, as documented in the Prospectus.

300 Park Ave, 15th Floor, New York, NY 10022

844-943-5378

investments@yieldstreetprismfund.com

No communication by YieldStreet Prism Fund Inc. (the “Fund”) or YieldStreet Management, LLC (the “Adviser”, and together with the Fund, “Yieldstreet™”), through this website or any other medium, should be construed or is intended to be a recommendation to purchase, sell or hold any security or otherwise to be investment, tax, financial, accounting, legal, regulatory or compliance advice. This website does not constitute an offer, or the solicitation of any offer, to sell or purchase any securities, which may only be made by delivery of a valid prospectus.

Any financial projections or returns shown on this website are estimated predictions of performance only, are hypothetical, are not based on actual investment results and are not guarantees of future results. Estimated projections do not represent or guarantee the actual results of any transaction, and no representation is made that any transaction will, or is likely to, achieve results or profits similar to those shown. Any investment information contained herein has been secured from sources that Yieldstreet believes are reliable, but we make no representations or warranties as to the accuracy of such information and accept no liability therefor.

Investments in securities offered by the Fund are not bank deposits (and thus not insured by the FDIC or by any other federal governmental agency), are not guaranteed by Yieldstreet or any other party, and may lose value. Neither the Securities and Exchange Commission nor any federal or state securities commission or regulatory authority has recommended or approved any investment or the accuracy or completeness of any of the information or materials provided by or through this website. Investors must be able to afford the loss of their entire investment.

Investments in securities offered by the Fund are speculative and involve a high degree of risk and those investors who cannot afford to lose their entire investment should not invest. Such investments are highly illiquid and those investors who cannot hold an investment for an indefinite period of time should not invest.

Articles or information from third-party media outside of this domain may discuss Yieldstreet or relate to information contained herein, but Yieldstreet does not approve and is not responsible for such content.

This website provides preliminary and general information about the securities offered by the Fund and is intended for initial reference purposes only, and is qualified by and subject to more detailed information in the applicable offering materials. This website does not constitute an offer to sell or buy any securities. No offer or sale of any securities will occur without the delivery of offering materials and related documents. View Prospectus

The Fund's adviser is YieldStreet Management, LLC, an investment advisor registered with the Securities and Exchange Commission.

Read full disclosure