1WS Credit Income Fund
Sponsored by 1WS Capital Advisors / One William Street. Interval Fund structure focused on private credit.
Interval FundPrivate Credit
- Net assets
- $855.3M
source
Semiannual shareholder report (Form N-CSRS) · filed 2026-07-09 · period 2026-04-30
Statement of Assets and Liabilities fund-level identity (Total assets - Total liabilities [- Preferred Shares] = Net Assets; no per-class breakdown template matched this filer agent)
“Total Assets 1,262,823,699 | Total Liabilities 407,561,633 | Net Assets Attributable to Shareholders $ 855,262,066”
Method Matched text template against the filing
Open the filing on SEC.gov · Full observation history
Technical locator
as of 2026-04-30 - NAV / share
- $19.17
source
Semiannual shareholder report (Form N-CSRS) · filed 2026-07-09 · period 2026-04-30
Consolidated Statement of Assets and Liabilities, 'NET ASSET VALUE' table: 'Class I: Net assets $447,479,150 Shares outstanding ... 23,345,501 Net Asset Value per Share $19.17 Class A-2: Net assets $407,782,916 Shares outstanding ... 22,103,169 Net Asset Value per Share $18.45' (each class ties its own net-assets/shares-outstanding line). Class I is canonical: listed first in the table and the majority class (52.3% of the Fund's $855,262,066 net assets).
“NET ASSET VALUE Class I: Net assets $ 447,479,150 Shares outstanding ... 23,345,501 Net Asset Value per Share $ 19.17 Class A-2: Net assets $ 407,782,916 Shares outstanding ... 22,103,169 Net Asset Value per Share $ 18.45”
Method Matched text template against the filing
Open the filing on SEC.gov · Full observation history
Technical locator
Class I · as of 2026-04-30 - Net flows, last qtr
- +6.7% qtr ended 2026-03-31
- Distribution coverage (NII)
- 89% period ended 2025-10-31
- Leverage in use
- 0% Pending
- Total return, 12m
- Pending SEC-filed periodic NAV + distributions
What changed in the latest filings.
Current findings ordered by severity. Each observation remains traceable to its filed source.
No current Urgent or Notify findings in filings reviewed through 2026-07-21.
How the fund has moved.
Net asset value, total return, capital flows, and distribution coverage across the filing record.
Monthly performance eligibility
Canonical class: Class I · basis: no qualifying monthly chain · qualifying history: 0 months.
What moved inside the book.
Filed portfolio-health facts and position changes. Missing disclosures stay visibly missing.
Pending
Where exit demand met the cap.
The disclosed history shows no rationed period.
Pending
How the balance sheet is funded.
Borrowings, unused capacity, and synthetic exposure are separated so unlike risks do not collapse into one ratio.
Synthetic exposure: gross notional $101,696,614 (11.9% of net assets), as of 2026-04-30. Audit
How to read these financing entries
How the offering is divided.
A filed share-class breakdown and terms-based role descriptions. This is not an estimate of who owns the fund.
Class A-2 47.7%Class I 52.3%
| Class | Terms-based role description | Load | Servicing | Minimum | Assets |
|---|---|---|---|---|---|
| Class A-2 | Pending | Pending | Pending | Pending | $407,782,9162026-04-30 |
| Class I | Pending | Pending | Pending | Pending | $447,479,1502026-04-30 |
Current temporary management fee: 1.25% of avg daily gross assets per year, current as of 2026-04-30. Normalized contractual rate: 1.50% — 1.50% per year of daily gross assets without the voluntary reduction.. Temporary reduction: The adviser renewed the voluntary 1.25% rate for one year beginning March 1, 2026; the normalized contractual rate is 1.50%.; stated end 2027-02-28. SEC source 0001398344-26-012019.
Canonical-class fee profile
| Class | Management | Incentive | Load | Servicing | Gross expenses | Net expenses |
|---|---|---|---|---|---|---|
| Class I | 1.25%temporary; 1.50% normalized | Pending | Pending | Pending | 3.65%filed basis*Filed label: Ratio of actual expenses to average net assets excluding fee waivers, reimbursements and recoupments; period 2025-10-31. before/excluding fee relief (explicit filing row); waiver state: before / excluding. SEC source 0001398344-26-000391 |
3.38%filed basis*Filed label: Ratio of actual expenses to average net assets including fee waivers, reimbursements and recoupments; period 2025-10-31. After waiver: yes; interest: not separately stated; tax: not separately stated; incentive compensation: not separately stated; acquired-fund expenses: not separately stated. SEC source 0001398344-26-000391 |
| Fee component | Rate | Basis / class | Condition |
|---|---|---|---|
| Management · current temporary rate | 1.25% | All classes | Contractual component; Voluntary reduction through February 28, 2027. |
| Management · normalized contractual rate | 1.50% | All classes | Contractual component; Contractual rate without the voluntary reduction. |
Expense-ratio caution. These are the issuer’s filed figures for the designated analysis class. They are not placed in a fee ranking because denominators and included expenses are not yet normalized across funds. Hover or click * for the filed label, period, components, and SEC source.
The evidence beneath the page.
Filed terms and recent documents remain available without crowding the primary research flow.
Term register (2)
| Term | Description | Value | Effective |
|---|---|---|---|
| advisory_fee_schedule | Management Fee under the Advisory Agreement will be calculated at an annual rate of 1.50% of the daily gross assets of the Fund; the Adviser has voluntarily agreed to reduce the Management Fee to 1.25% of the Fund's daily gross assets. The Adviser's board is under no obligation to continue the fee waiver but may continue it at its discretion. | 1.25 pct_annual_of_avg_daily_gross_assets | Pending |
| advisory_fee_schedule | the Fund pays the Adviser a fee at the annualized rate of 1.50% of the daily gross assets of the Fund (the “Management Fee”). For the one-year period beginning on March 1, 2026, the Adviser has voluntarily agreed to reduce the Management Fee to 1.25% of the Fund’s daily gross assets. | 1.25 pct_annual_of_avg_daily_gross_assets | 2026-03-01 |
Recent filings
| Filed | Form | Accession |
|---|---|---|
| 2026-07-09 | N-CSRS | 0001398344-26-012019 |
| 2026-06-26 | NPORT-P | 0001049169-26-001766 |
| 2026-06-16 | N-23C3A | 0001398344-26-010907 |
| 2026-04-01 | NPORT-P | 0001049169-26-000900 |
| 2026-03-20 | N-23C3A | 0001398344-26-005464 |
| 2026-01-08 | N-CSR | 0001398344-26-000391 |
| 2025-12-30 | NPORT-P | 0001049169-25-001145 |
| 2025-12-16 | N-23C3A | 0001398344-25-022551 |
| 2025-09-29 | NPORT-P | 0001049169-25-000376 |
| 2025-09-16 | N-23C3A | 0001398344-25-018151 |
| 2025-07-07 | N-CSRS | 0001398344-25-012839 |
| 2025-06-27 | NPORT-P | 0001752724-25-161832 |
| 2025-06-17 | N-23C3A | 0001398344-25-011878 |
| 2025-03-31 | NPORT-P | 0001752724-25-076577 |
| 2025-03-18 | N-23C3A | 0001398344-25-005694 |