# EDGAR Filing Document

**Accession Number:** 0002029168
**File Stem:** 0001415889-25-022719
**Filing Date:** 2025-8
**Character Count:** 8233
**Document Hash:** b05aed543bf78778a4ba043311f1107c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001415889-25-022719.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001415889-25-022719

**CONFORMED SUBMISSION TYPE**: 3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250815

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Gusky Adam Samuel
- **CENTRAL INDEX KEY:** 0001792912

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 811-23984
- **FILM NUMBER:** 251244472

**MAIL ADDRESS:**
- **STREET 1:** RAND CAPITAL CORPORATION
- **STREET 2:** 14 LAFAYETTE SQUARE, SUITE 2200
- **CITY:** BUFFALO
- **STATE:** NY
- **ZIP:** 14203
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** East Asset Management, LLC
- **CENTRAL INDEX KEY:** 0001793591

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 811-23984
- **FILM NUMBER:** 251244474

**BUSINESS ADDRESS:**
- **STREET 1:** 777 NW BEACON SQUARE BLVD.
- **CITY:** BOCA RATON
- **STATE:** FL
- **ZIP:** 33487
- **BUSINESS PHONE:** (561) 826-3620

**MAIL ADDRESS:**
- **STREET 1:** 777 NW BEACON SQUARE BLVD.
- **CITY:** BOCA RATON
- **STATE:** FL
- **ZIP:** 33487
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Pegula Terrence M.
- **CENTRAL INDEX KEY:** 0001818529

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 3
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 811-23984
- **FILM NUMBER:** 251244473

**MAIL ADDRESS:**
- **STREET 1:** C/O EAST RESOURCES ACQUISITION COMPANY
- **STREET 2:** 7777 NW BEACON SQUARE BOULEVARD
- **CITY:** BOCA RATON
- **STATE:** FL
- **ZIP:** 33487

**FORMER NAME:**
- **FORMER CONFORMED NAME:** Pegula Terrance M.
- **DATE OF NAME CHANGE:** 20200717
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Callodine Specialty Income Fund
- **CENTRAL INDEX KEY:** 0002029168

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

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

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

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 3

### INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>East Asset Management, LLC<br><sub>(Last) (First) (Middle)</sub><br>EAST ASSET MANAGEMENT, LLC<br>7777 NW BEACON SQUARE BLVD<br><sub>(Street)</sub><br>BOCA RATON, FL 33487<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>Callodine Specialty Income Fund [ CALIX ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-08-15 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [X] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Pegula Terrence M.<br><sub>(Last) (First) (Middle)</sub><br>C/O EAST ASSET MANAGEMENT, LLC<br>7777 NW BEACON SQUARE BLVD<br><sub>(Street)</sub><br>BOCA RATON, FL 33487<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>Callodine Specialty Income Fund [ CALIX ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-08-15 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [X] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Gusky Adam Samuel<br><sub>(Last) (First) (Middle)</sub><br>EAST ASSET MANAGEMENT, LLC<br>7777 NW BEACON SQUARE BLVD<br><sub>(Street)</sub><br>BOCA RATON, FL 33487<br><sub>(City) (State) (Zip)</sub> | **3. Issuer Name and Ticker or Trading Symbol**<br>Callodine Specialty Income Fund [ CALIX ] | **5. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  |
| **2. Date of Event Requiring Statement (Month/Day/Year)**<br>2025-08-15 | **4. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director   [X] 10% Owner<br>[ ] Officer (give title below)   [ ] Other (specify below)<br>_ _ | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities Beneficially Owned

---

|  |  |  |  |
| --- | --- | --- | --- |
| 1. Title of Security | 2. Amount of Securities Beneficially Owned | 3. Ownership Form | 4. Nature of Indirect Beneficial Ownership |
| Class I Shares | 2500000<sup>(1)</sup> | D |  |
| Class I Shares | 2500000<sup>(2)</sup> | I | By East Asset Management, LLC<sup>(2)</sup> |

---

## Table II - Derivative Securities Beneficially Owned

---

|  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Underlying Securities | 3. Title and Amount of Underlying Securities | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 4. Conversion or Exercise Price | 5. Ownership Form | 6. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) Adam Gusky may be deemed to have voting and dispositive power over shares of the issuer held by East Asset Management, LLC ("EAM") due to his position as chief investment officer of EAM. However, Mr. Gusky does not have any pecuniary interest in those shares and so no shares of the issuer are beneficially owned by Mr. Gusky as determined under Rule 16a-1(a)(2).

(2) These shares are held directly by EAM. Revocable trusts, with Terrence M. Pegula as the trustee having investment control, are the sole members of EAM. As such, Terrence M. Pegula may be deemed to share beneficial ownership of the shares held by EAM. Terrence
M. Pegula disclaim any beneficial ownership of the shares held by EAM other than to the extent of any pecuniary interest he may have therein.

**Signature:** /s/ Gary L. Hagerman, Jr., Chief Financial Officer, on behalf of East Asset Management, LLC  
**Date:** 2025-08-22

**Signature:** /s/ Terrence M. Pegula  
**Date:** 2025-08-22

**Signature:** /s/ Adam Samuel Gusky  
**Date:** 2025-08-22

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**