Bluerock High Income Institutional Credit Fund Reaches Milestone
The Bluerock High Income Institutional Credit Fund, also known as the High Income Fund (with ticker symbols IIMAX, IIMCX, IIMWX), has recently announced an exciting achievement. As of July 8, 2025, the Fund celebrated its three-year anniversary, showcasing a remarkable
11.3% annualized distribution rate over the past twelve months.
This achievements marks a significant milestone for the Fund, illustrating its capacity to deliver on objectives of consistent income generation and robust risk-adjusted returns. Investors who held shares throughout the quarter can expect a distribution of approximately
$0.55 per share, reflecting the Fund's ongoing commitment to its stakeholders. Since its inception on June 21, 2022, the Fund has provided approximately
$8.18 in total distributions per share, underscoring its ability to reward investors over its operational history.
Strategic Portfolio Management
The High Income Fund's investment strategy has focused on senior collateralized loan obligation (CLO) debt securities, which offer the potential for substantial income, while also embedding structural risk protections. In its recent quarterly report, the Fund confirmed its strategic positioning in more senior CLO tranches to maintain an institutional-grade portfolio. This approach is aimed at delivering consistent and attractive returns across a variety of market conditions.
Jeffrey Schwaber, the CEO of Bluerock Capital Markets, expressed confidence in the Fund's ability to navigate a dynamic market landscape. He stated: “By reaching this three-year milestone with solid risk-adjusted performance, we believe the High Income Fund has shown its steadfast delivery on its core objectives of income generation and downside protection.” Schwaber elaborated that the Fund’s disciplined allocation strategy to senior CLO debt, complemented by active risk management, has led to positive outcomes since its launch.
Current Fund Performance
As of June 30, 2025, the High Income Fund oversees net assets approximating
$190 million, with extensive holdings in
122 CLOs. The total underlying loan value of these assets is around
$37.7 billion, which includes exposure to over
2,250 senior secured loans spanning numerous diverse industries. These figures reflect the Fund's extensive reach and strategic positioning in the credit market.
Performance Metrics
Here are some key performance metrics for the High Income Fund to note:
- - One-Year Performance: 8.92%
- - Performance Since Inception: 9.19%
It's essential to note that while these figures are indicative of past performance, they do not guarantee future results. Investors should also be aware of the Fund's total annual operating expense ratios, which are:
- - Class A: 3.81%
- - Class C: 4.61%
- - Class I: 3.66%
Looking Ahead
As the Fund prepares to enter its fourth year, the focus remains on providing reliable monthly income to its investors while aiming for long-term value creation. With its robust management team, led by Clearlake Capital Asset Management, LLC—an entity that has overseen the issuance of $40 billion in CLOs since 2001—the Fund is well-poised to continue adapting to market changes while meeting the expectations of its shareholders.
Investors interested in accessing a promising institutional asset class can consider the High Income Fund, which offers a minimum investment of
$2,500 ($1,000 for retirement plans) for Class A and C shares. More information about the Fund and its operations can be found through their official resources or the U.S. Securities and Exchange Commission’s website.
Conclusion
Ultimately, the Bluerock High Income Institutional Credit Fund exemplifies a stable investment vehicle aimed at delivering high current income and attractive long-term returns, all while positioning itself strategically in a rapidly evolving financial landscape. Stakeholders can take comfort in the Fund's commitment to performance, transparency, and accountability as it moves forward in its journey.
Disclaimer
Investing in the Fund involves risks, including potential loss of capital, which should be carefully considered before participating. Past performance does not assure future results, and potential investors are encouraged to review the detailed prospectus prior to investment.