# EDGAR Filing Document

**Accession Number:** 0001496254
**File Stem:** 0000910472-26-007571
**Filing Date:** 2026-5
**Character Count:** 24680
**Document Hash:** cd3bcce94d11b7cf510d7f2c06fb2254
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-007571.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0000910472-26-007571

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Alternative Strategies Income Fund
- **CENTRAL INDEX KEY:** 0001496254

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22440
- **FILM NUMBER:** 261029528

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE
- **STREET 2:** SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 212-409-2680

**MAIL ADDRESS:**
- **STREET 1:** 17645 WRIGHT STREET
- **STREET 2:** SUITE 200
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68130

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Alternative Strategies Fund
- **DATE OF NAME CHANGE:** 20131029

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Ladenburg Thalmann Alternative Strategies Fund
- **DATE OF NAME CHANGE:** 20100709

## Nport-Ex

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Alternative Strategies Income Fund** | &nbsp;&nbsp;**Alternative Strategies Income Fund** |  | | | |
| &nbsp;&nbsp;**PORTFOLIO OF INVESTMENTS (Unaudited)** | &nbsp;&nbsp;**PORTFOLIO OF INVESTMENTS (Unaudited)** |  | | | |
| &nbsp;&nbsp;**March 31, 2026** | &nbsp;&nbsp;**March 31, 2026** | &nbsp;&nbsp;**March 31, 2026** | | | |
| &nbsp;&nbsp;**Principal**<br>&nbsp;&nbsp;**Amount ($)** |  | <br>&nbsp;&nbsp;**Reference Asset** | <br>&nbsp;&nbsp;**Coupon Rate (%)** | <br>&nbsp;&nbsp;**Maturity Date** | <br>&nbsp;&nbsp;**Fair Value** |
|  | &nbsp;&nbsp;**STRUCTURED NOTES - 98.6%** |  |  |  |  |
|  | &nbsp;&nbsp;**ADVERTISING & MARKETING - 4.2%** |  |  |  |  |
| &nbsp;&nbsp;500000 | &nbsp;&nbsp;JPMorgan Chase Financial Company, LLC Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;AppLovin Corporation | &nbsp;&nbsp;27.16 | &nbsp;&nbsp;11/2/2026 | &nbsp;&nbsp; $457000 |
|  | &nbsp;&nbsp;**APPLICATION SOFTWARE - 12.7%** |  |  |  |  |
| &nbsp;&nbsp;500000 | &nbsp;&nbsp;BBVA Global Securities BV, Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;Duolingo, Inc. | &nbsp;&nbsp;25.50 | &nbsp;&nbsp;9/2/2026 | &nbsp;&nbsp; 172950 |
| &nbsp;&nbsp;700000 | &nbsp;&nbsp;HSBC USA, Inc. Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;Monday.com Ltd. | &nbsp;&nbsp;23.05 | &nbsp;&nbsp;8/18/2026 | &nbsp;&nbsp; 320670 |
| &nbsp;&nbsp;500000 | &nbsp;&nbsp;JPMorgan Chase Financial Company, LLC Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;SoundHound AI, Inc. | &nbsp;&nbsp;30.05 | &nbsp;&nbsp;11/10/2026 | &nbsp;&nbsp; 393350 |
| &nbsp;&nbsp;500000 | &nbsp;&nbsp;UBS A.G. Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;Strategy Inc. | &nbsp;&nbsp;29.90 | &nbsp;&nbsp;9/16/2027 | &nbsp;&nbsp; 494600 |
|  |  |  |  |  | &nbsp;&nbsp; 1381570 |
|  | &nbsp;&nbsp;**AUTO PARTS - 3.7%** |  |  |  |  |
| &nbsp;&nbsp;500000 | &nbsp;&nbsp;JPMorgan Chase Financial Company, LLC Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;QuantumScape Corporation | &nbsp;&nbsp;29.45 | &nbsp;&nbsp;10/21/2026 | &nbsp;&nbsp; 401850 |
|  | &nbsp;&nbsp;**AUTOMOTIVE RETAILERS - 5.3%** |  |  |  |  |
| &nbsp;&nbsp;600000 | &nbsp;&nbsp;Toronto-Dominion Bank (The), Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;Carvana Co. | &nbsp;&nbsp;24.50 | &nbsp;&nbsp;11/24/2026 | &nbsp;&nbsp; 575160 |
|  | &nbsp;&nbsp;**BIOTECHNOLOGY - 6.8%** |  |  |  |  |
| &nbsp;&nbsp;500000 | &nbsp;&nbsp;GS Finance Corporation Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;GeneDx Holdings Corp. | &nbsp;&nbsp;23.40 | &nbsp;&nbsp;2/26/2027 | &nbsp;&nbsp; 440200 |
| &nbsp;&nbsp;500000 | &nbsp;&nbsp;Morgan Stanley Finance, LLC Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;Recursion Pharmaceuticals, Inc. | &nbsp;&nbsp;30.10 | &nbsp;&nbsp;4/27/2026 | &nbsp;&nbsp; 293450 |
|  |  |  |  |  | &nbsp;&nbsp; 733650 |
|  | &nbsp;&nbsp;**COMMUNICATIONS EQUIPMENT - 3.8%** |  |  |  |  |
| &nbsp;&nbsp;500000 | &nbsp;&nbsp;BBVA Global Securities BV, Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;Credo Technology Group Holding Ltd. | &nbsp;&nbsp;34.87 | &nbsp;&nbsp;1/20/2027 | &nbsp;&nbsp; 407750 |
|  | &nbsp;&nbsp;**COMPUTER HARDWARE & STORAGE - 3.3%** |  |  |  |  |
| &nbsp;&nbsp;500000 | &nbsp;&nbsp;Credit Agricole Corporate & Investment Bank S.A. Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;D-Wave Quantum Inc. | &nbsp;&nbsp;37.50 | &nbsp;&nbsp;7/21/2027 | &nbsp;&nbsp; 363000 |
|  | &nbsp;&nbsp;**CONSUMER FINANCE - 8.5%** |  |  |  |  |
| &nbsp;&nbsp;500000 | &nbsp;&nbsp;Morgan Stanley Finance, LLC Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;Dave Inc. | &nbsp;&nbsp;26.40 | &nbsp;&nbsp;4/27/2027 | &nbsp;&nbsp; 491600 |
| &nbsp;&nbsp;500000 | &nbsp;&nbsp;Societe Generale S.A. Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;Upstart Holdings Inc. | &nbsp;&nbsp;26.80 | &nbsp;&nbsp;5/21/2027 | &nbsp;&nbsp; 433100 |
|  |  |  |  |  | &nbsp;&nbsp; 924700 |
|  | &nbsp;&nbsp;**ELECTRONICS COMPONENTS - 1.6%** |  |  |  |  |
| &nbsp;&nbsp;500000 | &nbsp;&nbsp;Morgan Stanley Finance, LLC Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;Enovix Corporation | &nbsp;&nbsp;37.90 | &nbsp;&nbsp;4/21/2026 | &nbsp;&nbsp; 178200 |
|  | &nbsp;&nbsp;**FOOD & DRUG STORES - 2.9%** |  |  |  |  |
| &nbsp;&nbsp;700000 | &nbsp;&nbsp;National Bank of Canada Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;Hims & Hers Health Inc. | &nbsp;&nbsp;33.40 | &nbsp;&nbsp;7/29/2026 | &nbsp;&nbsp; 318990 |
|  | &nbsp;&nbsp;**INFRASTRUCTURE SOFTWARE - 4.4%** |  |  |  |  |
| &nbsp;&nbsp;700000 | &nbsp;&nbsp;Nomura America Finance, LLC., Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;IonQ Inc. | &nbsp;&nbsp;29.50 | &nbsp;&nbsp;3/9/2027 | &nbsp;&nbsp; 472080 |
|  | &nbsp;&nbsp;**INSTITUTIONAL TRUST, FIDUCIARY & CUSTODY - 3.4%** |  |  |  |  |
| &nbsp;&nbsp;700000 | &nbsp;&nbsp;Barclays Bank plc, Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;Coinbase Global, Inc. | &nbsp;&nbsp;23.00 | &nbsp;&nbsp;1/12/2027 | &nbsp;&nbsp; 371980 |
|  | &nbsp;&nbsp;**INTERNET MEDIA & SERVICES - 8.8%** |  |  |  |  |
| &nbsp;&nbsp;500000 | &nbsp;&nbsp;JPMorgan Chase Financial Company, LLC Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;Lyft, Inc. | &nbsp;&nbsp;24.70 | &nbsp;&nbsp;2/1/2027 | &nbsp;&nbsp; 454100 |
| &nbsp;&nbsp;700000 | &nbsp;&nbsp;Santander Global Inssuances BV, Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;Peloton Interactive, Inc. | &nbsp;&nbsp;24.57 | &nbsp;&nbsp;10/14/2026 | &nbsp;&nbsp; 498738 |
|  |  |  |  |  | &nbsp;&nbsp; 952838 |
|  | &nbsp;&nbsp;**INVESTMENT COMPANIES - 7.2%** |  |  |  |  |
| &nbsp;&nbsp;500000 | &nbsp;&nbsp;Bank of Nova Scotia, Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;Cipher Mining Inc. | &nbsp;&nbsp;34.00 | &nbsp;&nbsp;1/27/2027 | &nbsp;&nbsp; 410500 |
| &nbsp;&nbsp;500000 | &nbsp;&nbsp;JPMorgan Chase Financial Company, LLC Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;MARA Holdings Inc. | &nbsp;&nbsp;24.55 | &nbsp;&nbsp;5/22/2026 | &nbsp;&nbsp; 374100 |
|  |  |  |  |  | &nbsp;&nbsp; 784600 |
|  | &nbsp;&nbsp;**MANAGED CARE - 4.3%** |  |  |  |  |
| &nbsp;&nbsp;500000 | &nbsp;&nbsp;GS Finance Corporation Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;Oscar Health, Inc. | &nbsp;&nbsp;28.40 | &nbsp;&nbsp;10/27/2026 | &nbsp;&nbsp; 462900 |
|  | &nbsp;&nbsp;**OTHER FINANCIAL SERVICES - 3.9%** |  |  |  |  |
| &nbsp;&nbsp;500000 | &nbsp;&nbsp;BBVA Global Securities BV, Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;Affirm Holdings Inc. | &nbsp;&nbsp;27.05 | &nbsp;&nbsp;10/27/2026 | &nbsp;&nbsp; 418100 |
|  | &nbsp;&nbsp;**WEALTH MANAGEMENT - 4.9%** |  |  |  |  |
| &nbsp;&nbsp;600000 | &nbsp;&nbsp;Royal Bank of Canada, Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;Robinhood Markets, Inc. | &nbsp;&nbsp;20.75 | &nbsp;&nbsp;5/6/2027 | &nbsp;&nbsp; 533040 |
|  | &nbsp;&nbsp;**WIRELESS TELECOMMUNICATIONS - 4.7%** |  |  |  |  |
| &nbsp;&nbsp;500000 | &nbsp;&nbsp;Morgan Stanley Finance, LLC Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;AST SpaceMobile, Inc. | &nbsp;&nbsp;29.00 | &nbsp;&nbsp;9/15/2026 | &nbsp;&nbsp; 513900 |
|  | &nbsp;&nbsp;**WIRELINE TELECOMMUNICATIONS - 4.2%** |  |  |  |  |
| &nbsp;&nbsp;500000 | &nbsp;&nbsp;JPMorgan Chase Financial Company, LLC Callable Structured Note <sup>(a)(b)</sup> | &nbsp;&nbsp;Applied Digital Corporation | &nbsp;&nbsp;40.00 | &nbsp;&nbsp;6/10/2027 | &nbsp;&nbsp; 451350 |
|  | &nbsp;&nbsp;**TOTAL STRUCTURED NOTES (Cost $14,200,000)** |  |  |  | &nbsp;&nbsp; **10702658** |
| &nbsp;&nbsp;**Shares** |  |  |  |  |  |
|  | &nbsp;&nbsp;**SHORT-TERM INVESTMENT - 2.3%** |  |  |  |  |
|  | &nbsp;&nbsp;**MONEY MARKET FUND - 2.3%** |  |  |  |  |
| &nbsp;&nbsp;251434 | &nbsp;&nbsp;First American Government Obligations Fund Class X, 3.58% <sup>(c)</sup> |  |  |  | &nbsp;&nbsp; **251434** |
|  | &nbsp;&nbsp;**TOTAL SHORT-TERM INVESTMENT** (Cost - $251,434) |  |  |  |  |
|  | &nbsp;&nbsp;**TOTAL INVESTMENTS - 100.9%** (Cost - $14,451,434) |  |  |  | &nbsp;&nbsp; **$10954092** |
|  | &nbsp;&nbsp;**LIABILITIES IN EXCESS OF OTHER ASSETS - (0.9)%** |  |  |  | &nbsp;&nbsp; **(95354)** |
|  | &nbsp;&nbsp;**NET ASSETS - 100.0%** |  |  |  | &nbsp;&nbsp; **$10858738** |
| &nbsp;&nbsp;(a) | &nbsp;&nbsp;Fixed contingent rate security. |  |  |  |  |
| &nbsp;&nbsp;(b) | &nbsp;&nbsp;The notes will pay a Contingent Coupon on each Contingent Coupon Payment Date on a quarterly basis if the closing level of each Reference Asset on the applicable quarterly Observation Date is greater than its Coupon Barrier Level. However, if the closing level of any Reference Asset is less than or equal to its Coupon Barrier Level on an Observation Date, the notes will not pay the Contingent Coupon for that Observation Date. | &nbsp;&nbsp;The notes will pay a Contingent Coupon on each Contingent Coupon Payment Date on a quarterly basis if the closing level of each Reference Asset on the applicable quarterly Observation Date is greater than its Coupon Barrier Level. However, if the closing level of any Reference Asset is less than or equal to its Coupon Barrier Level on an Observation Date, the notes will not pay the Contingent Coupon for that Observation Date. | &nbsp;&nbsp;The notes will pay a Contingent Coupon on each Contingent Coupon Payment Date on a quarterly basis if the closing level of each Reference Asset on the applicable quarterly Observation Date is greater than its Coupon Barrier Level. However, if the closing level of any Reference Asset is less than or equal to its Coupon Barrier Level on an Observation Date, the notes will not pay the Contingent Coupon for that Observation Date. | &nbsp;&nbsp;The notes will pay a Contingent Coupon on each Contingent Coupon Payment Date on a quarterly basis if the closing level of each Reference Asset on the applicable quarterly Observation Date is greater than its Coupon Barrier Level. However, if the closing level of any Reference Asset is less than or equal to its Coupon Barrier Level on an Observation Date, the notes will not pay the Contingent Coupon for that Observation Date. | &nbsp;&nbsp;The notes will pay a Contingent Coupon on each Contingent Coupon Payment Date on a quarterly basis if the closing level of each Reference Asset on the applicable quarterly Observation Date is greater than its Coupon Barrier Level. However, if the closing level of any Reference Asset is less than or equal to its Coupon Barrier Level on an Observation Date, the notes will not pay the Contingent Coupon for that Observation Date. |
| &nbsp;&nbsp; (c) | &nbsp;&nbsp;Rate disclosed is the seven day effective yield as of March 31, 2026. |  |  |  |  |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Alternative Strategies Fund

- **b. Investment Company Act file number:** 811-22440

- **c. CIK number of Registrant:** 0001496254

- **d. LEI of Registrant:** 549300E0KMS6U0D13888

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 277 PARK AVENUE

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10172

  - **Telephone number:** 212-409-2680

**Item A.2. Information about the Series.**

- **a. Name of Series:** Alternative Strategies Fund

- **c. LEI of Series:** 549300E0KMS6U0D13888

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $11143623.55

**Total Liabilities:** $284885.54

**Net Assets:** $10858738.01

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 285.00658400 | **1-Year:** 414.71048800 | **5-Year:** 8.18295500 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -3.79%               | -9.67%               | -3.64%               |
| Class ID N/A | -3.89%               | -9.72%               | -3.67%               |
| Class ID N/A | -3.80%               | -9.60%               | -3.69%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $-974433.10                                |
| Month 2  | $-312500.00              | $-1191525.80                               |
| Month 3  | $-314302.65              | $-208913.40                                |

### Schedule of Portfolio Investments

| Name                                          | Title              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BBVA Global Securities BV                     | BBVASM 09/02/26    | CUSIP: 05556GBH3<br>LEI: 7245002K0ECNIA1YTU43 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $172950.00    | 1.59%             | 2026-09-02      | Fixed         | 25.50%                | No            |                  2 | On Loan: No      |
| BBVA Global Securities BV                     | BBVASM 10/27/26    | CUSIP: 05556NLG9<br>LEI: 7245002K0ECNIA1YTU43 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $418100.00    | 3.85%             | 2026-10-27      | Fixed         | 27.05%                | No            |                  2 | On Loan: No      |
| BBVA Global Securities BV                     | BBVASM 01/20/27    | CUSIP: 05556NS80<br>LEI: 7245002K0ECNIA1YTU43 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $407750.00    | 3.76%             | 2027-01-20      | Fixed         | 34.87%                | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                | BNP 06/10/27       | CUSIP: 05617VUM5<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    500000 | PA      | $451350.00    | 4.16%             | 2027-06-10      | Fixed         | 40.00%                | No            |                  2 | On Loan: No      |
| Bank of Nova Scotia                           | BNS 01/27/27       | CUSIP: 06419HPB4<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $410500.00    | 3.78%             | 2027-01-27      | Fixed         | 34.00%                | No            |                  2 | On Loan: No      |
| Barclays Bank plc                             | BACR 01/12/27      | CUSIP: 06746EFB6<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | DBT              | CORP              | GB        |    700000 | PA      | $371980.00    | 3.43%             | 2027-01-12      | Fixed         | 23.00%                | No            |                  2 | On Loan: No      |
| Credit Agricole Corporate and Investment Bank | ACAFP 1/2 07/21/27 | CUSIP: 22534WF78<br>LEI: 1VUV7VQFKUOQSJ21A208 | Long             | DBT              | CORP              | FR        |    500000 | PA      | $363000.00    | 3.34%             | 2027-07-21      | Fixed         | 37.50%                | No            |                  2 | On Loan: No      |
| First American Funds Inc.                     | FRST AM-GV OB-X    | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |    251434 | PA      | $251433.77    | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| GS Finance Corp                               | GS 10/27/26        | CUSIP: 40058WZT6<br>LEI: 549300FR80KBVO6DRL61 | Long             | DBT              | CORP              | US        |    500000 | PA      | $462900.00    | 4.26%             | 2026-10-27      | Fixed         | 28.40%                | No            |                  2 | On Loan: No      |
| GS Finance Corp                               | GS 02/26/27        | CUSIP: 40058XS47<br>LEI: 549300FR80KBVO6DRL61 | Long             | DBT              | CORP              | US        |    500000 | PA      | $440200.00    | 4.05%             | 2027-02-26      | Fixed         | 23.40%                | No            |                  2 | On Loan: No      |
| HSBC USA, Inc.                                | HSBC 08/18/26      | CUSIP: 40447CU73<br>LEI: 549300LBOHZ4QSIWU288 | Long             | DBT              | CORP              | US        |    700000 | PA      | $320670.00    | 2.95%             | 2026-08-18      | Fixed         | 23.05%                | No            |                  2 | On Loan: No      |
| JPMorgan Chase Financial Co LLC               | JPM 10/21/26       | CUSIP: 46660J6E7<br>LEI: 549300NJFDJOFYVV6789 | Long             | DBT              | CORP              | US        |    500000 | PA      | $401850.00    | 3.70%             | 2026-10-21      | Fixed         | 29.45%                | No            |                  2 | On Loan: No      |
| JPMorgan Chase Financial Co LLC               | JPM 02/01/27       | CUSIP: 46660JFG2<br>LEI: 549300NJFDJOFYVV6789 | Long             | DBT              | CORP              | US        |    500000 | PA      | $454100.00    | 4.18%             | 2027-02-01      | Fixed         | 24.70%                | No            |                  2 | On Loan: No      |
| JPMorgan Chase Financial Co LLC               | JPM 11/02/26       | CUSIP: 46660JHC9<br>LEI: 549300NJFDJOFYVV6789 | Long             | DBT              | CORP              | US        |    500000 | PA      | $457000.00    | 4.21%             | 2026-11-02      | Fixed         | 27.16%                | No            |                  2 | On Loan: No      |
| JPMorgan Chase Financial Co LLC               | JPM 11/10/2026     | CUSIP: 48136GFF2<br>LEI: 549300NJFDJOFYVV6789 | Long             | DBT              | CORP              | US        |    500000 | PA      | $393350.00    | 3.62%             | 2026-11-10      | Fixed         | 30.05%                | No            |                  2 | On Loan: No      |
| JPMorgan Chase Financial Co LLC               | JPM 5/22/2026      | CUSIP: 48136GUN8<br>LEI: 549300NJFDJOFYVV6789 | Long             | DBT              | CORP              | US        |    500000 | PA      | $374100.00    | 3.45%             | 2026-05-22      | Fixed         | 24.55%                | No            |                  2 | On Loan: No      |
| Morgan Stanley Finance LLC.                   | MS 04/21/26        | CUSIP: 61778NPA3<br>LEI: 5493003FCPSE9RKT4B56 | Long             | DBT              | CORP              | US        |    500000 | PA      | $178200.00    | 1.64%             | 2026-04-21      | Fixed         | 37.90%                | No            |                  2 | On Loan: No      |
| Morgan Stanley Finance LLC.                   | MS 04/27/26        | CUSIP: 61778NRT0<br>LEI: 5493003FCPSE9RKT4B56 | Long             | DBT              | CORP              | US        |    500000 | PA      | $293450.00    | 2.70%             | 2026-04-27      | Fixed         | 30.10%                | No            |                  2 | On Loan: No      |
| Morgan Stanley Finance LLC.                   | MS 09/15/26        | CUSIP: 61779DSS2<br>LEI: 5493003FCPSE9RKT4B56 | Long             | DBT              | CORP              | US        |    500000 | PA      | $513900.00    | 4.73%             | 2026-09-15      | Fixed         | 29.00%                | No            |                  2 | On Loan: No      |
| Morgan Stanley Finance LLC.                   | MS 04/27/27        | CUSIP: 61780EBX4<br>LEI: 5493003FCPSE9RKT4B56 | Long             | DBT              | CORP              | US        |    500000 | PA      | $491600.00    | 4.53%             | 2027-04-27      | Fixed         | 26.40%                | No            |                  2 | On Loan: No      |
| National Bank of Canada                       | NACN 07/29/26      | CUSIP: 63305MPP0<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | DBT              | CORP              | CA        |    700000 | PA      | $318990.00    | 2.94%             | 2026-07-29      | Fixed         | 33.40%                | No            |                  2 | On Loan: No      |
| Nomura America Finance LLC                    | NOMURA 03/09/27    | CUSIP: 65541KHK3<br>LEI: 549300U646RSSKIVOJ29 | Long             | DBT              | CORP              | US        |    700000 | PA      | $472080.00    | 4.35%             | 2027-03-09      | Fixed         | 29.50%                | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                          | RBC 5/6/2027       | CUSIP: 78017UFN5<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    600000 | PA      | $533040.00    | 4.91%             | 2027-05-06      | Fixed         | 20.75%                | No            |                  2 | On Loan: No      |
| Santander Global Issuances BV                 | SANTAN 10/14/26    | CUSIP: 80287KCY5<br>LEI: 635400A8E8E8EKF4CB64 | Long             | DBT              | CORP              | NL        |    700000 | PA      | $498738.10    | 4.59%             | 2026-10-14      | Fixed         | 24.57%                | No            |                  2 | On Loan: No      |
| Societe Generale S.A.                         | SOCGEN 05/21/27    | CUSIP: 83372A4P5<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    500000 | PA      | $433100.00    | 3.99%             | 2027-05-21      | Fixed         | 26.80%                | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank                     | TD 11/23/26        | CUSIP: 89115L5X2<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    600000 | PA      | $575160.00    | 5.30%             | 2026-11-23      | Fixed         | 24.50%                | No            |                  2 | On Loan: No      |
| UBS AG, London Branch                         | UBS 09/16/27       | CUSIP: 90310EFW0<br>LEI: N/A                  | Long             | DBT              | CORP              | CH        |    500000 | PA      | $494600.00    | 4.55%             | 2027-09-16      | Fixed         | 29.90%                | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-28

**Name of Applicant:** Alternative Strategies Fund

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Assistant Treasurer