# EDGAR Filing Document

**Accession Number:** 0001788420
**File Stem:** 0001213900-26-040200
**Filing Date:** 2026-4
**Character Count:** 7739
**Document Hash:** 74d4930ed3ea1097b55a292894e69d43
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-26-040200.hdr.sgml**: 20260406

**ACCESSION NUMBER**: 0001213900-26-040200

**CONFORMED SUBMISSION TYPE**: SC TO-I/A

**PUBLIC DOCUMENT COUNT**: 11

**FILED AS OF DATE**: 20260406

**DATE AS OF CHANGE**: 20260406

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Keystone Private Income Fund
- **CENTRAL INDEX KEY:** 0001788420

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

**FILING VALUES:**
- **FORM TYPE:** SC TO-I/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-91800
- **FILM NUMBER:** 26839798

**BUSINESS ADDRESS:**
- **STREET 1:** C/O UMB FUND SERVICES, INC.
- **STREET 2:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 414-299-2000

**MAIL ADDRESS:**
- **STREET 1:** C/O UMB FUND SERVICES, INC.
- **STREET 2:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Keystone Private Income Fund
- **CENTRAL INDEX KEY:** 0001788420

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

**FILING VALUES:**
- **FORM TYPE:** SC TO-I/A

**BUSINESS ADDRESS:**
- **STREET 1:** C/O UMB FUND SERVICES, INC.
- **STREET 2:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212
- **BUSINESS PHONE:** 414-299-2000

**MAIL ADDRESS:**
- **STREET 1:** C/O UMB FUND SERVICES, INC.
- **STREET 2:** 235 WEST GALENA STREET
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53212

UNITED STATES SECURITIES AND EXCHANGE COMMISSION<br> WASHINGTON, DC 20549

SCHEDULE TO

TENDER OFFER STATEMENT UNDER SECTION 14(D)(1) OR 13(E)(1)<br> OF THE SECURITIES EXCHANGE ACT OF 1934

FINAL AMENDMENT

KEYSTONE PRIVATE INCOME FUND

(Name of Subject Company (Issuer))

KEYSTONE PRIVATE INCOME FUND

(Name of Filing Person(s) (Issuer))

SHARES OF BENEFICIAL INTEREST<br> (Title of Class of Securities)

N/A<br> (CUSIP Number of Class of Securities)

Michelle Mattson

60 E. South Temple, Suite 2100

Salt Lake City, UT 84111

(Name and Address of Agent for Service)

With a copy to:<br> Joshua B. Deringer, Esq.

Faegre Drinker Biddle & Reath LLP

One Logan Square, Ste. 2000

Philadelphia, PA 19103-6996

(215) 988-2700

October 30, 2025

(Date Tender Offer First Published,<br> Sent or Given to Security Holders)

☐ Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer.

Check the appropriate boxes below to designate any transactions to which the statement relates:

☐ third-party tender offer subject to Rule 14d-1.

☒ issuer tender offer subject to Rule 13e-4.

☐ going-private transaction subject to Rule 13e-3.

☐ amendment to Schedule 13D under Rule 13d-2.

Check the following box if the filing is a final amendment reporting the results of the tender offer: ☒

This final amendment relates to the Issuer Tender Offer Statement on Schedule TO (the "Statement") originally filed with the U.S. Securities and Exchange Commission on October 30, 2025 by Keystone Private Income Fund (the "Fund") in connection with an offer (the "Offer") by the Fund to purchase shares of beneficial interest ("Shares") in the Fund in an aggregate amount up to $84,855,800 on the terms and subject to the conditions set out in the Offer to Purchase and the related Letter of Transmittal. Copies of the Offer to Purchase and the Letter of Transmittal were previously filed as Exhibits B and C to the Statement on October 30, 2025.

This is the final amendment to the Statement and is being filed to report the results of the Offer. The following information is furnished pursuant to Rule 13e-4(c)(4):

1. Holders of Shares in the Fund ("Shareholders") that desired to tender Shares, or a portion thereof, for purchase were required to submit their tenders by 11:59 p.m., Eastern Time, on November 28, 2025.

2. As of November 28, 2025, ninety (90) Shareholders validly tendered Shares and did not withdraw such tender prior to the expiration of the Offer. The validly tendered Shares were accepted for purchase by the Fund in accordance with the terms of the Offer.

3. The net asset value of the Shares tendered pursuant to the Offer was calculated as of December 31, 2025 in the amount of $200,000 for Class D Shares, $5,554,821 for Class Y Shares, $148,361 for Class I Shares and $27,670,914 for Class Z Shares.

4. One (1) Shareholder of Class D Shares, twelve (12) Shareholders of Class Y Shares, two (2) Shareholders of Class I Shares and seventy-five (75) Shareholders of Class Z Shares, whose tenders were accepted for purchase by the Fund, tendered their entire Shares in the Fund. The Fund paid to each such Shareholder 100% of the Shareholder's unaudited net asset value of the Shares tendered. The payment was wired to the account designated by each such Shareholder in its Tender/Repurchase Request Form on January 21, 2026.

Except as specifically provided herein, the information contained in the Statement, Offer to Purchase and the related Letter of Transmittal previously filed on October 30, 2025 (collectively, the "Tender Offer Materials") remains unchanged and this final amendment does not modify any of the information previously reported in the Tender Offer Materials.

**Item 1 through Item 9 and Item 11.**

The information set forth in the Tender Offer Materials is incorporated herein by reference into this final amendment in answer to Item 1 through Item 9 and Item 11 of to the Statement.

**Item 10. Financial Statements**

Not applicable.

**Item 12(a). Exhibits**

Not applicable.

**Item 12(b). Filing Fee**

[Calculation of Filing Fee Tables are attached herewith.](ea028383601_ex-filingfees.htm)

**Item 13. Information Required By Schedule 13E-3**

Not applicable.

SIGNATURE

After due inquiry and to the best of my knowledge and belief, I certify that the information set out in this statement is true, complete and correct.

---

| | | |
|:---|:---|:---|
| KEYSTONE PRIVATE INCOME FUND | KEYSTONE PRIVATE INCOME FUND | KEYSTONE PRIVATE INCOME FUND |
| By: | /s/ Brad Allen | /s/ Brad Allen |
|  | Name: | Brad Allen |
|  | Title: | Treasurer |

---

April 6, 2026

EXHIBIT INDEX

EXHIBIT

[EX-FILING FEES Calculation of Filing Fee Tables](ea028383601_ex-filingfees.htm)

## Ex-Filing

?xml version='1.0' encoding='ASCII'? Filing Fee Exhibit

**Ex-Filing Fees**

**CALCULATION OF FILING FEE TABLES**

**SC TO**

**Keystone Private Income Fund**

**Table 1 to Paragraph (a)(7)**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Line Item Type** | **Notes** | **Transaction <br> Valuation** | **Fee Rate** | **Amount <br> of <br> Filing Fee** |
| Fees to be Paid | (1) | $0.00 | 0.0001381 | $0.00 |
| Fees Previously Paid | (2) | $84855800.00 |  | $11718.59 |
| Total Transaction Valuation: | Total Transaction Valuation: | $84855800.00 |  |  |
| Total Fees Due for Filing: | Total Fees Due for Filing: |  |  | $11718.59 |
| Total Fees Previously Paid: | Total Fees Previously Paid: |  |  | 11718.59 |
| Total Fee Offsets: | Total Fee Offsets: |  |  | 0.00 |
| Net Fee Due: | Net Fee Due: |  |  | $0.00 |

---

**__________________________________________ Offering Note(s)**

&nbsp;&nbsp;&nbsp;&nbsp;(1) No additional fees are due for this filing.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Calculated as the aggregate maximum value of Shares being purchased. The fee of $11,718.59 was paid in connection with the filing of the Schedule TO-I by Keystone Private Income Fund (File No. 005-91800) on October 30, 2025 (the "Schedule TO"). This is the final amendment to the Schedule TO and is being filed to report the results of the offer.