# EDGAR Filing Document

**Accession Number:** 0001866278
**File Stem:** 0001580642-25-006142
**Filing Date:** 2025-9
**Character Count:** 20252
**Document Hash:** 40c62d9ea8303087817ea2e06a0a9db6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001580642-25-006142.hdr.sgml**: 20250919

**ACCESSION NUMBER**: 0001580642-25-006142

**CONFORMED SUBMISSION TYPE**: 40-17G/A

**PUBLIC DOCUMENT COUNT**: 3

**FILED AS OF DATE**: 20250919

**DATE AS OF CHANGE**: 20250919

**EFFECTIVENESS DATE**: 20250919

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Atlas U.S. Tactical Income Fund
- **CENTRAL INDEX KEY:** 0001866278

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** PR
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 40-17G/A
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23705
- **FILM NUMBER:** 251327139

**BUSINESS ADDRESS:**
- **STREET 1:** BUCHANAN OFFICE CENTER, ROAD 165 #40
- **STREET 2:** SUITE 201
- **CITY:** GUAYNABO
- **STATE:** PR
- **ZIP:** 00968
- **BUSINESS PHONE:** 787-781-1301

**MAIL ADDRESS:**
- **STREET 1:** BUCHANAN OFFICE CENTER, ROAD 165 #40
- **STREET 2:** SUITE 201
- **CITY:** GUAYNABO
- **STATE:** PR
- **ZIP:** 00968

PREMIUM BILL

Date: August 27, 2025

---

| | |
|:---|:---|
| Insured: | ATLAS U.S. TACTICAL INCOME FUND, INC. |
| Producer: | MAURY DONNELLY & PARR INC.<br> 24 COMMERCE STREET<br> BALTIMORE, MD 21202 |
| Company: | Federal Insurance Company |

---

THIS BILLING IS TO BE ATTACHED TO AND FORM A PART OF THE POLICY REFERENCED BELOW.

Policy Number: J06004258 <br>Policy Period: 12-01-2024 to 12-01-2025

NOTE: PLEASE RETURN THIS BILL WITH REMITTANCE AND NOTE HEREON ANY CHANGES. BILL WILL BE RECEIPTED AND RETURNED TO YOU PROMPTLY UPON REQUEST.

PLEASE REMIT TO PRODUCER INDICATED ABOVE. PLEASE REFER TO J06004258

---

| | | |
|:---|:---|:---|
| **Product** | **Effective Date** | **Premium** |
| Financial Institution Bond for Investment Companies | 08-18-2025 | $126.00 |

---

---

| | |
|:---|:---|
| **TOTAL POLICY PREMIUM** | $126.00 |

---

WHEN REMITTING PLEASE INDICATE POLICY OR CERTIFICATE NUMBER

Form 26-10-0426 (Ed. 2/98)

![(LOGO)](at001_v1.jpg)

**AMEND ITEM 2 ENDORSEMENT**

Named Assured ATLAS U.S. TACTICAL INCOME FUND, INC. <u>Endorsement Number 4</u> <br> <u>Bond Number J06004258</u> <u>Bond Period 12-01-2024 to 12-01-2025 </u> <u>Effective Date of Endorsement August 18, 2025</u> <br> <u>Issued By Federal Insurance Company</u>

**THIS ENDORSEMENT CHANGES THE BOND. PLEASE READ IT CAREFULLY.**

**This endorsement modifies insurance provided under the following:**

**FINANCIAL INSTITUTION BOND FOR INVESTMENT COMPANIES**

In consideration of the premium charged, it is agreed that Item 2., Single Loss Limits Of Liability – Deductible Amounts, of the Declarations is deleted and restated as follows:

Item 2. Single Loss Limits Of Liability – Deductible Amounts:

---

| | | |
|:---|:---|:---|
| **Insuring Clause** | **Single Loss Limit Of<br> Liability** | **Deductible Amount** |
| 1. Dishonesty | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 |
| 2. On Premises | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10000 |
| 3. In Transit | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10000 |
| 4. Forgery Or Alteration | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10000 |
| 5. Extended Forgery | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10000 |
| 6. Counterfeit Money | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10000 |
| 7. Computer System Fraud | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10000 |
| 8. Claims Expense | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5000 |
| 9. Audit Expense | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$25000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$5000 |
| 10. Uncollected Items Of Deposit | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10000 |
| 11. Voice Initiated Funds Transfer Instruction | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$800000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$10000 |

---

The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms and conditions of coverage.

All other terms, conditions and limitations of this Bond shall remain unchanged.

---

| |
|:---|
| ![(SIGNATURE)](at002_v1.jpg) |
| Authorized Representative |

---

PF-52913 (08/21) Page 1 of 1

![(LOGO)](at001_v1.jpg)

**FRAUDULENT TRANSFER INSTRUCTION ENDORSEMENT**

Named Assured ATLAS U.S. TACTICAL INCOME FUND, INC. <u>Endorsement Number 1</u> <br> <u>Bond Number J06004258</u> <u>Bond Period 12-01-2024 to 12-01-2025 </u> <u>Effective Date of Endorsement August 18, 2025</u> <br> <u>Issued By Federal Insurance Company</u>

**THIS ENDORSEMENT CHANGES THE BOND. PLEASE READ IT CAREFULLY.**

**This endorsement modifies insurance provided under the following:**

**FINANCIAL INSTITUTION BOND FOR INVESTMENT COMPANIES**

In consideration of the premium charged, it is agreed that solely with respect to coverage afforded under this Endorsement, this Bond is amended as follows:

(1) Item
 2., Single Loss Limits Of Liability – Deductible Amounts, of the Declarations is amended
 to include the following:

---

| | | |
|:---|:---|:---|
| <u>Insuring Clause</u> | <u>Single Loss Limit of Liability</u> | <u>Deductible Amount</u> |
| Fraudulent Transfer Instruction | $800000 | $10000 |

---

(2) The
 following Insuring Clause is added:

&nbsp;&nbsp;&nbsp;&nbsp;14. Fraudulent
 Transfer Instruction

Loss resulting directly from the **Assured** having, in good faith, transferred, paid, or delivered **Money** or **Securities** in reliance upon a **Transfer Instruction** that purports, and reasonably appears, to have originated from:

&nbsp;&nbsp;&nbsp;&nbsp;a. the **Customer**;

&nbsp;&nbsp;&nbsp;&nbsp;b. an **Employee** acting on instructions of such **Customer**; or

&nbsp;&nbsp;&nbsp;&nbsp;c. a
 financial institution acting on behalf of such **Customer** with authority to make such
 instructions,

but which **Transfer Instruction** was, in fact, fraudulently issued without the knowledge of the **Assured**, **Employee**, or **Customer**.

As a condition precedent to coverage under this Insuring Clause 14, the:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. sender
 of the **Transfer Instruction** must have authenticated such **Transfer Instruction** with
 the **Customer's** authentication credentials or mechanism;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. **Employee** acting on the **Transfer Instruction** must obtain **Verification** prior to any
 single transfer, payment, or delivery of funds in excess of the Deductible Amount set forth
 in Paragraph (1) of this Endorsement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. **Assured** shall assert any available claims, offsets, or defenses against such **Customer**,
 any financial institution, or any other party to the transaction.

(3) The
 Definition of **Customer** is deleted and replaced with the following:

**Customer** means any shareholder of an **Assured** which has a written agreement with the **Assured** to transfer such shareholder's **Money** or **Securities** through a **Voice Initiated Funds Transfer Instruction** or a **Transfer Instruction**.

PF-52913 (08/21) Page 1 of 2

(4) The
 following Definitions are added:

**Telefacsimile** means a system of transmitting a facsimile of a tangible document by electronic signals over telephone lines to a piece of equipment maintained for the specific purpose of receiving such signals and printing such facsimile on a tangible medium.

**Transfer Instruction** means those instructions, other than any **Voice Initiated Funds Transfer Instruction**, which authorize the transfer of **Money** in a **Customer's** account, or of a **Customer's Securities**, and which are:

&nbsp;&nbsp;&nbsp;&nbsp;a. transmitted
 to the **Assured** via:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. any
 electronic instruction, including an e-mail, that is delivered through an **Electronic Communication System** and that is capable of retention by the recipient at the time of receipt;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. telex,
 or **Telefacsimile** instruction; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iii. automated
 telephone system; and

&nbsp;&nbsp;&nbsp;&nbsp;b. received
 by an **Employee** specifically authorized by the **Assured** to receive and act upon
 such instructions.

**Verification** means an **Employee**:

&nbsp;&nbsp;&nbsp;&nbsp;a. attempted
 to verify the authenticity of such **Transfer Instruction** by communicating with the **Customer**, or natural person purporting to be the **Customer** via any communication
 method, other than e-mail, prior to any single transfer, payment, or delivery of funds, and
 contemporaneously documented the communication method utilized and the result of such attempt
 in writing; and

&nbsp;&nbsp;&nbsp;&nbsp;b. contemporaneously
 documented the use of the **Customer's** authentication credentials or mechanism.

(5) Exclusion
 2. a. is deleted and replaced with the following:

&nbsp;&nbsp;&nbsp;&nbsp;a. the
 acts of an **Employee**, except for loss covered under:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;i. Insuring
 Clause 2 or 3 which results directly from misplacement, mysterious unexplainable disappearance,
 or damage or destruction of **Property**; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ii. Insuring
 Clause 11 or 14;

(6) The
 following Exclusion is added:

This Bond does not cover loss resulting directly or indirectly from any **Transfer Instruction** from a:

&nbsp;&nbsp;&nbsp;&nbsp;a. **Customer**;
 or

&nbsp;&nbsp;&nbsp;&nbsp;b. natural
 person with authorized access to the **Customer's** authentication credentials or
 mechanism.

The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms and conditions of coverage.

All other terms, conditions and limitations of this Bond shall remain unchanged.

---

| |
|:---|
| ![(SIGNATURE)](at002_v1.jpg) |
| Authorized Representative |

---

PF-52913 (08/21) Page 2 of 2

![(LOGO)](at001_v1.jpg)

**SCHEDULE OF OTHER ASSUREDS ENDORSEMENT**

Named Assured ATLAS U.S. TACTICAL INCOME FUND, INC. <u>Endorsement Number 5</u> <br> <u>Bond Number J06004258</u> <u>Bond Period &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12-01-2024 to 12-01-2025 </u> <u>Effective Date of Endorsement 08-18-2025</u> <br> <u>Issued By Federal Insurance Company</u>

**THIS ENDORSEMENT CHANGES THE BOND. PLEASE READ IT CAREFULLY.**

**This endorsement modifies insurance provided under the following:**

**FINANCIAL INSTITUTION BOND FOR INVESTMENT COMPANIES**

In consideration of the premium charged, it is agreed that:

(1) In
 addition to the first named **Assured**, the **Investment Company(ies)** scheduled
 in Paragraph (2) of this Endorsement is/are the other **Assured(s)** under this Bond.

(2) Schedule
of Other **Assureds**:

Atlas US Tactical Income Fund, Inc

Atlas U.S. Government Money Market Fund, Inc

The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms and conditions of coverage.

All other terms, conditions and limitations of this Bond shall remain unchanged.

---

| |
|:---|
| ![(SIGNATURE)](at002_v1.jpg) |
| Authorized Representative |

---

PF-52916 (08/21) Page 1 of 1

![(LOGO)](at001_v1.jpg)

**STOP PAYMENT ORDER OR REFUSAL TO PAY CHECK ENDORSEMENT**

Named Assured ATLAS U.S. TACTICAL INCOME FUND, INC. <u>Endorsement Number 2 </u> <br> <u>Bond Number J06004258 </u> <u>Bond Period 12-01-2024 to 12-01-2025 </u> <u>Effective Date of Endorsement August 18, 2025</u> <br> <u>Issued By Federal Insurance Company</u>

**THIS ENDORSEMENT CHANGES THE BOND. PLEASE READ IT CAREFULLY.**

**This endorsement modifies insurance provided under the following:**

**FINANCIAL INSTITUTION BOND FOR INVESTMENT COMPANIES**

In consideration of the premium charged, it is agreed that solely with respect to coverage afforded under this Endorsement this Bond is amended as follows:

(1) Item
 2., Single Loss Limits Of Liability – Deductible Amounts, of the Declarations is amended
 to include the following:

---

| | | |
|:---|:---|:---|
| <u>Insuring Clause</u> | <u>Single Loss Limit of Liability</u> | <u>Deductible Amount</u> |
| Stop Payment Order | $800000 | $10000 |

---

(2) The following Insuring Clause is added: <br>
<br> Stop Payment Order or Refusal to Pay Check

Loss resulting directly from the **Assured** being legally liable to pay compensatory damages for:

&nbsp;&nbsp;&nbsp;&nbsp;a. complying
 or failing to comply with notice from any **Customer** or any authorized representative
 of any **Customer**, to stop payment on any check or draft made or drawn upon or against
 the **Assured** by such **Customer** or by any authorized representative of such **Customer**;
 or

&nbsp;&nbsp;&nbsp;&nbsp;b. refusing
 to pay any check or draft made or drawn upon or against the **Assured** by any **Customer** or by any authorized representative of such **Customer**.

(3) The
 following Exclusions shall apply:

This Bond does not cover loss resulting directly or indirectly from:

&nbsp;&nbsp;&nbsp;&nbsp;a. libel,
 slander, wrongful entry, eviction, defamation, false arrest, false imprisonment, malicious
 prosecution, assault, or battery;

&nbsp;&nbsp;&nbsp;&nbsp;b. sickness,
 disease, physical bodily harm, mental or emotional distress or anguish, or death of any person;
 or

&nbsp;&nbsp;&nbsp;&nbsp;c. discrimination.

The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms and conditions of coverage.

All other terms, conditions and limitations of this Bond shall remain unchanged.

---

| |
|:---|
| ![(SIGNATURE)](at002_v1.jpg) |
| Authorized Representative |

---

PF-52917 (08/21) Page 1 of 1

![(LOGO)](at001_v1.jpg)

**UNAUTHORIZED SIGNATURE ENDORSEMENT**

Named Assured ATLAS U.S. TACTICAL INCOME FUND, INC. <u>Endorsement Number 3 </u> <br> <u>Bond Number J06004258 </u> <u>Bond Period 12-01-2024 to 12-01-2025 </u> <u>Effective Date of Endorsement 08-18-2025</u> <br> <u>Issued By Federal Insurance Company</u>

**THIS ENDORSEMENT CHANGES THE BOND. PLEASE READ IT CAREFULLY.**

**This endorsement modifies insurance provided under the following:**

**FINANCIAL INSTITUTION BOND FOR INVESTMENT COMPANIES**

In consideration of the premium charged, it is agreed that solely with respect to coverage afforded under this Endorsement this Bond is amended as follows:

(1) Item
 2., Single Loss Limits of Liability – Deductible Amounts, of the Declarations is amended
 to include the following:

---

| | | |
|:---|:---|:---|
| <u>Insuring Clause</u> | <u>Single Loss Limit of Liability</u> | <u>Deductible Amount</u> |
| Unauthorized Signature | $800000 | $10000 |

---

(2) The
 following Insuring Clause is added: <br>
Unauthorized Signature

Loss resulting directly from the **Assured** having accepted, paid, or cashed any check or **Withdrawal Order** made or drawn on or against the account of a **Customer**, which bears the signature or endorsement of one other than a person whose name and signature is on file with the **Assured** as signatory on such account.

As a condition precedent to coverage under this Insuring Clause, the **Assured** shall have on file signatures of all persons who are signatories on such account.

The title and any headings in this endorsement/rider are solely for convenience and form no part of the terms and conditions of coverage.

All other terms, conditions and limitations of this Bond shall remain unchanged.

---

| |
|:---|
| ![(SIGNATURE)](at002_v1.jpg) |
| Authorized Representative |

---

PF-52918 (08/21) Page 1 of 1

**Atlas U.S. Tactical Income Fund, Inc. (the "Fund")**

**Fidelity Bond Resolutions**

**Meeting of the Board of Directors of the Fund (the "Board") held May 14, 2025**

***Approval of Joint Fidelity Bond and Joint Fidelity Bond Agreement***

Upon a motion duly made and seconded, the following resolutions were unanimously adopted:

**RESOLVED**, that the Board approves the Joint Fidelity Bond covering the Fund and the Money Market Fund issued by Chubb, having an aggregate coverage of $800,000 and with a premium as agreed, it having been determined to be reasonable in form and amount, after giving due consideration to all factors deemed relevant by the Board, including, among other things, the value of the aggregate assets of the Fund to which any covered person may have access, the arrangements for custody and safekeeping of such assets and the nature of the securities in the Fund's portfolio; and it is

**FURTHER RESOLVED**, that the form and amount of the Joint Fidelity Bond coverage and the payment of the premium to be paid by the Fund thereunder is approved after consideration of all factors deemed relevant by the Board, including, but not limited to, the number of other parties named as insureds, the nature of the business activities of such other parties, the amount of the joint insured bond and the amount of the premium of such bond, the ratable allocation of the premium among all parties named as insureds and the extent to which the share of the premium allocated to the Fund is less than the premium the Fund would have had to pay if it had provided and maintained a single insured bond; and it is

**FURTHER RESOLVED**, that the Joint Fidelity Bond Agreement, as presented at the Meeting, be, and it hereby is, approved as the joint insured agreement required by paragraph (f) of Rule 17g-1; and it is

**FURTHER RESOLVED**, that the Board approves the filing by the Secretary of the Fund with the SEC to give the notices required under Paragraph (g) of Rule 17g-1 under the 1940 Act.

**JOINT FIDELITY BOND AGREEMENT**

This Agreement is made this 14th day of May, 2025 by Atlas U.S. Tactical Income Fund, Inc. and Atlas U.S. Government Money Market Fund, Inc. (each a "Fund" and collectively the "Funds").

**WHEREAS**, the Funds are management investment companies registered under the Investment Company Act of 1940 ("1940 Act"); and

**WHEREAS**, each Fund must purchase a bond as required by the 1940 Act and Rule 17g-1 promulgated thereunder under which the Fund is a named insured; and

**WHEREAS**, Rule 17g-1 requires that the named insured under such a bond enter into an agreement with respect to certain matters;

**NOW THEREFORE**, in consideration of the premises and the terms and provisions hereinafter set forth, the parties hereto agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. **Description of Bond.** Chubb, a reputable fidelity insurance company authorized to do business in Puerto Rico, has issued a joint fidelity bond in the amount of $800,000 (which may be increased from time to time) which designates each of the Funds as named insured ("Bond").

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. **Minimum Recovery**. In the event recovery is received under the Bond as a result of loss sustained by a Fund, such Fund shall receive an equitable and proportionate share of the recovery which shall be at least equal to the amount which the Fund would have received had it provided and maintained a single insured bond with the minimum coverage required by Rule 17g-1(d)(1).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. **Term.** The term of this Agreement shall commence on the date hereof and shall terminate upon the termination or cancellation of the Bond.

**IN WITNESS WHEREOF**, the parties hereto have caused this Agreement to be executed on the date first written above.

---

| | | | |
|:---|:---|:---|:---|
| **ATLAS U.S. TACTICAL INCOME FUND,** | **ATLAS U.S. TACTICAL INCOME FUND,** | **ATLAS U.S. GOVERNMENT MONEY** | **ATLAS U.S. GOVERNMENT MONEY** |
| **INC.** | **INC.** | **MARKET FUND, INC.** | **MARKET FUND, INC.** |
| By: | /s/ Paul Hopgood | By: | /s/ Paul Hopgood |
| Paul Hopgood | Paul Hopgood | Paul Hopgood | Paul Hopgood |
| President | President | President | President |

---