# EDGAR Filing Document

**Accession Number:** 0001496254
**File Stem:** 0001752724-23-040902
**Filing Date:** 2023-2
**Character Count:** 18012
**Document Hash:** 218b31403828b417c7d2ba4f1828c633
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-040902.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-040902

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Alternative Strategies Fund
- **CENTRAL INDEX KEY:** 0001496254
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22440
- **FILM NUMBER:** 23670546

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

## 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:** 2023-06-30

- **b. Date as of which information is reported:** 2022-12-31

**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:** $17494209.02

**Total Liabilities:** $274266.30

**Net Assets:** $17219942.72

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 494.06936600 | **1-Year:** 388.07304500 | **5-Year:** 17.85763100 | **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 | 1.96%                | 2.91%                | -8.39%               |
| Class ID N/A | 1.82%                | 2.84%                | -8.28%               |
| Class ID N/A | 1.95%                | 2.89%                | -8.30%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-411006.50              | $472049.35                                 |
| Month 2  | $-17457.89               | $529356.93                                 |
| Month 3  | $-1569335.51             | $174427.40                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| JPMorgan Chase Financial Company LLC   | JPM 06/12/23              | CUSIP: 48133DUH1<br>LEI: 549300NJFDJOFYVV6789 | Long             | DBT              | CORP              | US        |    500000 | PA      | $404300.00    | 2.35%             | 2023-06-12      | Fixed         | 24.00%                | No            |                  2 | On Loan: No      |
| GS Finance Corp                        | GS 04/10/23               | CUSIP: 40057LR52<br>LEI: 549300FR80KBVO6DRL61 | Long             | DBT              | CORP              | US        |    500000 | PA      | $225500.00    | 1.31%             | 2023-04-10      | Fixed         | 28.50%                | No            |                  2 | On Loan: No      |
| GS Finance Corp                        | GS 11/09/23               | CUSIP: 40057LZP9<br>LEI: 549300FR80KBVO6DRL61 | Long             | DBT              | CORP              | US        |    500000 | PA      | $202300.00    | 1.17%             | 2023-11-09      | Fixed         | 28.75%                | No            |                  2 | On Loan: No      |
| GS Finance Corp                        | GS 03/20/23               | CUSIP: 40057LKS9<br>LEI: 549300FR80KBVO6DRL61 | Long             | DBT              | CORP              | US        |    500000 | PA      | $464600.00    | 2.70%             | 2023-03-20      | Fixed         | 22.00%                | No            |                  2 | On Loan: No      |
| STRATEGIC STORAGE TR II                | STRATEGIC STORAGE TR II   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    125573 | NS      | $1708081.66   | 9.92%             |  |  |  | No            |                  2 | On Loan: No      |
| WALTON SHERWOOD ACRES                  | WALTON SHERWOOD ACRES     | CUSIP: N/A<br>LEI: N/A                        | Long             |  | CORP              | US        |     10752 | NS      | $52792.32     | 0.31%             |  |  |  | No            |                  3 | On Loan: No      |
| AMERICAN HEALTHCARE REIT               | American Healthcare REIT  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     26596 | NS      | $730744.91    | 4.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Finance LLC.            | MS 02/28/23               | CUSIP: 61773QEG0<br>LEI: 5493003FCPSE9RKT4B56 | Long             | DBT              | CORP              | US        |    500000 | PA      | $146350.00    | 0.85%             | 2023-02-28      | Fixed         | 18.25%                | No            |                  2 | On Loan: No      |
| The Toronto-Dominion Bank              | TD 03/24/23               | CUSIP: 89114VAW7<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $447450.00    | 2.60%             | 2023-03-24      | Fixed         | 23.20%                | No            |                  2 | On Loan: No      |
| JPMorgan Chase Financial Company LLC   | JPM 03/18/2024            | CUSIP: 48133TCB9<br>LEI: 549300NJFDJOFYVV6789 | Long             | DBT              | CORP              | US        |    500000 | PA      | $499800.00    | 2.90%             | 2024-03-18      | Fixed         | 25.50%                | No            |                  2 | On Loan: No      |
| FIRST AMERN FDS INC                    | FRST AM-GV OB-X           | CUSIP: 31846V336<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |   2137502 | PA      | $2137502.25   | 12.41%            |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Financial Company LLC   | JPM 02/16/23              | CUSIP: 48133DBS8<br>LEI: 549300NJFDJOFYVV6789 | Long             | DBT              | CORP              | US        |    500000 | PA      | $79550.00     | 0.46%             | 2023-02-16      | Fixed         | 18.00%                | No            |                  2 | On Loan: No      |
| GRIFFIN ESSENTIAL ASST II              | Griffin Essential Asst II | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    103002 | NS      | $759124.47    | 4.41%             |  |  |  | No            |                  3 | On Loan: No      |
| UBS AG, London Branch                  | UBS 04/17/23              | CUSIP: 90279DUZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | CH        |    500000 | PA      | $122700.00    | 0.71%             | 2023-04-17      | Fixed         | 27.75%                | No            |                  2 | On Loan: No      |
| WALTON US LAND 2 LP                    | WALTON US LAND FUND 3 LP  | CUSIP: N/A<br>LEI: N/A                        | Long             |  | CORP              | US        |     37655 | NS      | $266220.85    | 1.55%             |  |  |  | No            |                  2 | On Loan: No      |
| WALTON US LAND 2 LP                    | WALTON US LAND FUND REIT  | CUSIP: N/A<br>LEI: N/A                        | Long             |  | CORP              | US        |     10752 | NS      | $151818.24    | 0.88%             |  |  |  | No            |                  3 | On Loan: No      |
| UBS AG, London Branch                  | UBS 10/18/23              | CUSIP: 90279FWX5<br>LEI: N/A                  | Long             | DBT              | CORP              | CH        |    500000 | PA      | $495850.00    | 2.88%             | 2023-10-18      | Fixed         | 26.05%                | No            |                  2 | On Loan: No      |
| GS Finance Corp                        | GS 04/11/23               | CUSIP: 40057KRR6<br>LEI: 549300FR80KBVO6DRL61 | Long             | DBT              | CORP              | US        |    500000 | PA      | $164150.00    | 0.95%             | 2023-04-11      | Fixed         | 38.25%                | No            |                  2 | On Loan: No      |
| GS Finance Corp                        | GS 01/18/23               | CUSIP: 40057KTC7<br>LEI: 549300FR80KBVO6DRL61 | Long             | DBT              | CORP              | US        |    500000 | PA      | $179150.00    | 1.04%             | 2023-01-18      | Fixed         | 26.10%                | No            |                  2 | On Loan: No      |
| Royal Bank of Canada                   | RY 03/28/23               | CUSIP: 78016FH31<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $298500.00    | 1.73%             | 2023-03-28      | Fixed         | 17.00%                | No            |                  2 | On Loan: No      |
| Canadian Imperial Bank of Commerce     | CIBC 05/03/24             | CUSIP: 13607XD95<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $496170.00    | 2.88%             | 2024-05-03      | Fixed         | 24.00%                | No            |                  2 | On Loan: No      |
| BNP Paribas SA                         | BNP 07/24/23              | CUSIP: 05592QLC7<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    500000 | PA      | $504250.00    | 2.93%             | 2023-07-24      | Fixed         | 31.20%                | No            |                  2 | On Loan: No      |
| WALTON US LAND 2 LP                    | WALTON US LAND 2 LP       | CUSIP: N/A<br>LEI: N/A                        | Long             |  | CORP              | US        |     19855 | NS      | $169760.25    | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley Finance LLC.            | MS 05/26/23               | CUSIP: 61773QEH8<br>LEI: 5493003FCPSE9RKT4B56 | Long             | DBT              | CORP              | US        |    500000 | PA      | $376850.00    | 2.19%             | 2023-05-26      | Fixed         | 22.50%                | No            |                  2 | On Loan: No      |
| JPMorgan Chase Financial Company LLC   | JPM 10/31/24              | CUSIP: 48133PJH7<br>LEI: 549300NJFDJOFYVV6789 | Long             | DBT              | CORP              | US        |    500000 | PA      | $488600.00    | 2.84%             | 2024-10-31      | Fixed         | 25.60%                | No            |                  2 | On Loan: No      |
| GS Finance Corp                        | GS 10/26/23               | CUSIP: 40057MQV4<br>LEI: 549300FR80KBVO6DRL61 | Long             | DBT              | CORP              | US        |    500000 | PA      | $496850.00    | 2.89%             | 2023-10-26      | Fixed         | 26.85%                | No            |                  2 | On Loan: No      |
| JPMorgan Chase Financial Company LLC   | JPM 06/18/2024            | CUSIP: 48133TCA1<br>LEI: 549300NJFDJOFYVV6789 | Long             | DBT              | CORP              | US        |    500000 | PA      | $475300.00    | 2.76%             | 2024-06-18      | Fixed         | 27.00%                | No            |                  2 | On Loan: No      |
| JPMorgan Chase Financial Company LLC   | JPM 07/10/23              | CUSIP: 48133FJJ5<br>LEI: 549300NJFDJOFYVV6789 | Long             | DBT              | CORP              | US        |    500000 | PA      | $292250.00    | 1.70%             | 2023-07-10      | Fixed         | 21.80%                | No            |                  2 | On Loan: No      |
| Societe Generale S.A.                  | SOCGEN 02/06/23           | CUSIP: 83369NJK7<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    500000 | PA      | $455950.00    | 2.65%             | 2023-02-06      | Fixed         | 21.50%                | No            |                  2 | On Loan: No      |
| GS Finance Corp                        | GS 06/21/23               | CUSIP: 40057LKR1<br>LEI: 549300FR80KBVO6DRL61 | Long             | DBT              | CORP              | US        |    500000 | PA      | $409650.00    | 2.38%             | 2023-06-21      | Fixed         | 20.75%                | No            |                  2 | On Loan: No      |
| Citigroup Global Markets Holdings Inc. | C 12/05/23                | CUSIP: 17330P4U0<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | DBT              | CORP              | US        |    500000 | PA      | $419400.00    | 2.44%             | 2023-12-05      | Fixed         | 19.70%                | No            |                  2 | On Loan: No      |
| JPMorgan Chase Financial Company LLC   | JPM 09/27/23              | CUSIP: 48133NJU3<br>LEI: 549300NJFDJOFYVV6789 | Long             | DBT              | CORP              | US        |    500000 | PA      | $310550.00    | 1.80%             | 2023-09-27      | Fixed         | 23.50%                | No            |                  2 | On Loan: No      |
| Credit Suisse AG London Branch         | CS 11/03/23               | CUSIP: 22553PU64<br>LEI: N/A                  | Long             | DBT              | CORP              | CH        |    500000 | PA      | $465800.00    | 2.71%             | 2023-11-03      | Fixed         | 25.00%                | No            |                  2 | On Loan: No      |
| HSBC USA, Inc.                         | HSBC 01/10/23             | CUSIP: 40439JXM2<br>LEI: 549300LBOHZ4QSIWU288 | Long             | DBT              | CORP              | US        |    500000 | PA      | $103400.00    | 0.60%             | 2023-01-10      | Fixed         | 25.65%                | No            |                  2 | On Loan: No      |
| HMS INCOME FUND INC                    | HMS Income Fund Inc       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     86419 | NS      | $676385.77    | 3.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada                   | RY 01/25/24               | CUSIP: 78016FQ56<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |    500000 | PA      | $464000.00    | 2.69%             | 2024-01-25      | Fixed         | 19.50%                | No            |                  2 | On Loan: No      |
| Credit Suisse AG London Branch         | CS 04/28/23               | CUSIP: 22553PTX7<br>LEI: N/A                  | Long             | DBT              | CORP              | CH        |    500000 | PA      | $331550.00    | 1.93%             | 2023-04-28      | Fixed         | 25.00%                | No            |                  2 | On Loan: No      |
| JPMorgan Chase Financial Company LLC   | JPM 03/03/23              | CUSIP: 48133DQC7<br>LEI: 549300NJFDJOFYVV6789 | Long             | DBT              | CORP              | US        |    500000 | PA      | $323400.00    | 1.88%             | 2023-03-03      | Fixed         | 28.50%                | No            |                  2 | On Loan: No      |
| GS Finance Corp                        | GS 04/26/23               | CUSIP: 40057LRH6<br>LEI: 549300FR80KBVO6DRL61 | Long             | DBT              | CORP              | US        |    500000 | PA      | $18150.00     | 0.11%             | 2023-04-26      | Fixed         | 30.75%                | No            |                  2 | On Loan: No      |
| HSBC USA, Inc.                         | HSBC 01/11/24             | CUSIP: 40441XEB2<br>LEI: 549300LBOHZ4QSIWU288 | Long             | DBT              | CORP              | US        |    500000 | PA      | $538850.00    | 3.13%             | 2024-01-11      | Fixed         | 28.30%                | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-27

**Name of Applicant:** Alternative Strategies Fund

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Assistant Treasurer